SpaceX IPO set to hand $20bn stake to one hedge fund
D1 Capital is among the Wall Street firms in line for big rewards if the rocket maker successfully lists next month
Economic news
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US extends Russian oil waiver in attempt to lower fuel prices
Thirty-day licence comes as American voters become frustrated at high cost of petrol and diesel
US eases Russian oil sanctions in bid to contain Iran price surge
Renewal of 30-day licence comes as high fuel costs hit American consumers
Citi strikes €15bn partnership with BlackRock for private European lending
Deal aims to give bank added firepower to finance private equity dealmaking in Europe and Middle East
The Fed will have to raise interest rates in July to appease ‘bond vigilantes,’ Yardeni says
Sent to the Federal Reserve to lower interest rates, incoming Chair Kevin Warsh instead may have to push for higher levels.