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Bloomberg

UK's Burnham Committed to Industrial Strategy, Minister Says

UK Business Secretary Peter Kyle said the governing Labour Party's industrial strategy will survive a change of leadership, arguing Keir Starmer's likely successor, Andy Burnham, was "already committed" to the policy. Kyle made the comments Monday in an interview to Bloomberg's Lizzy Burden.

Leia mais: UK's Burnham Committed to Industrial Strategy, Minister Says
Bloomberg

Asia Stocks Drop on Chip Selloff, Nasdaq Futures Down

Asian equities fell as renewed selling in technology stocks, including Samsung Electronics Co. and SK Hynix Inc., deepened concerns that the AI-driven rally may have run ahead of itself. Futures for the tech-heavy Nasdaq 100 Index retreated 1.1%, suggesting Monday's rebound on Wall Street was losing momentum. European shares were also set for losses. Bloomberg's Avril Hong and Mark Cranfield report.

Leia mais: Asia Stocks Drop on Chip Selloff, Nasdaq Futures Down
Bloomberg

Hamilton Lane Raises $3.8 Billion Fund Targeting Mid-Market Private Equity Deals

Erik Hirsch, Co-CEO at Hamilton Lane, discussed the firm's recent $3.8 billion fundraise aimed at co-investing alongside private equity in mid-market companies. Hirsch emphasized the focus on smaller and mid-sized firms that are typically too small to pursue public offerings, highlighting that significant returns in private markets often come from these less visible segments. He speaks with Romaine Bostick & Katie Greifeld on "The Close."

Leia mais: Hamilton Lane Raises $3.8 Billion Fund Targeting Mid-Market Private Equity Deals