Trump’s ‘Board of Peace’ explores stablecoin for Gaza
Proposal to launch cryptocurrency pegged to US dollar comes after cash supply was decimated during Israeli offensive
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Novo Nordisk shares drop 15% after poor trial results for new obesity drug
Once-a-week injection achieved less weight loss than rival treatment
Blue Owl is spoiling private credit’s sales pitch
US fund manager has become a warning of what happens when exotic products do not go to plan
Stocks slip and gold gains as global trade faces new Trump tariff threat
Dollar also dips after US president imposes 15% duty following Supreme Court decision to strike down previous policy
Chevron in talks for stake in giant Iraq oilfield after Lukoil sanctions
US major says it is negotiating for West Qurna 2, which produces 10% of Iraq’s crude
US universities lean on endowments as costs rise and funding cuts bite
Schools increasingly rely on investment proceeds to pay for operations amid squeeze on campus budgets