Experts indicate that the Indian IT sector's job market is moving away from broad-based recruitment and large pay hikes, with companies now tightening entry-level hiring while competing for experienced professionals in specific areas.
Bulgarian software company Astea, founded 20 years ago, discusses the key to sustainable development in the IT sector, reflecting on the industry's evolution since Bulgaria became a cost-optimized outsourcing destination.
The IT sector in Bulgaria, while remaining attractive, is experiencing a slight slowdown in deals due to the rise of AI and structural changes in the global market. Major deals for 2025 include EnduroSat and Documaster, with Plan A and Telepoint noted for the first half of this year.
The private credit sector has become increasingly intertwined with the insurance industry, with private equity reshaping life insurance. A new paper, “Private Credit's S,” further explores this development, highlighting a significant shift in financial strategies and investments and raising questions about risk and regulation.
Even the highest-earning employees in Romania, including those in the IT sector, are expressing dissatisfaction with their salaries and demanding 50% raises, citing that their incomes are not keeping pace with rising costs.
Lithuania recorded its highest average salary in June at approximately 63,000 euros, primarily within the information technology sector, though some high figures were influenced by bankruptcies or liquidations.
Following recent layoffs in the IT sector, Accenture has introduced a new salary hike model where half of an approved increase will be added to an employee's base pay, and the remaining half will be paid as a one-time lump-sum amount.
IBM shares experienced a significant decline, nearing one of the company's worst trading days in history, as AI demand begins to crowd out other forms of IT sector spending, serving as a warning to the broader industry.
The trend in corporate mergers is shifting away from the IT sector towards capital-intensive companies, with large takeovers dominating across industries amid AI-driven uncertainty.
Bosnia and Herzegovina's participation in GITEX Europe 2026 in Berlin has confirmed the domestic IT sector's potential for stronger positioning in the European and global markets.
The article explores the growing trend of a pidgin-like language, a blend of English and Serbian, being increasingly used in marketing, sales, and IT sectors within Serbia.
Indian stock markets, including the Sensex and Nifty, saw a significant rebound on Wednesday. This rally was attributed to a sharp decline in crude oil prices and strong buying activity in the banking and IT sectors.
Data from the Agency for Statistics shows that workers in Bosnia and Herzegovina's IT sector have the highest average net salaries at 2,399 KM, more than double those in hospitality.
The AI community widely praises Anthropic's new Claude Fable 5 model for its advanced capabilities in coding, complex reasoning, and autonomous agent management, raising questions about the implications of halting such a leading AI model for the IT sector.
The non-profit sector in Belgium is protesting against severe underfunding, leading to closed nurseries, struggling hospitals, and warnings of a 'desert' in services between 2030 and 2035.
Dimitris Dafnis, President and CEO of Cosmos Group, outlined the company's strong foundation and ambitious goal to achieve a €128 million turnover by 2030, focusing on the IT sector in the post-RRF era.
According to a Man Group executive, the private credit sector is experiencing 'growing pains' related to liquidity, but higher-for-longer interest rates could create attractive yield opportunities.
Despite growing needs and dwindling funding, Afghanistan's non-profit sector continues to be hampered by inefficiency, raising questions about its effectiveness.
The Big Four audit firms have emerged stronger than ever, with their dominance entrenched and businesses enhanced, as regulatory clampdowns in the UK audit sector have eased.
In Pune, India, a fifth IT firm has ceased operations within an eight-month period, leading to the arrest of its owner on charges of cheating. This incident highlights a concerning trend in the local IT sector.
The government has approved a reform aimed at improving the supervision of non-bank lenders. This initiative seeks to strengthen oversight within the non-banking credit sector.
AGNC shares have drifted lower as the company faces pressure from declining book value and broader challenges within the Real Estate Investment Trust (REIT) sector.
An expert advises on how to succeed in the IT sector amidst the rise of AI, suggesting individuals work with AI more effectively than older colleagues.
Key Indian stock market indices experienced a 2% decline, driven by an IT sector rout, while the Indian rupee depreciated to a new record low against the dollar.
Pakistan's IT exports are anticipated to reach $4.6 billion, following a meeting where measures to promote the IT sector across the country were discussed.
Goldman Sachs BDC reported a 3.7% drop in its Net Asset Value (NAV) for the first quarter, causing its stock to slide. The company cited ongoing pressures within the private credit sector as a contributing factor.
The Financial Stability Board (FSB), a global watchdog, has unveiled an action plan to address vulnerabilities in the private credit sector. The board has raised alarms regarding the potential risks associated with this growing market.
An unusual Business Development Company (BDC) is reportedly thriving, even as fears regarding private credit spread across the broader financial sector.
Multiple iShares iBonds Term High Yield and Income ETFs, alongside several iShares iBonds Dec Term Corporate ETFs, have declared their latest monthly distributions. These announcements cover a range of maturity years for various bond funds.
Dionysis Chintzidis, CEO of Performance Technologies, continues to build an interesting investment proposition in the IT sector, leading the company to successive records and rapid growth.
For over a decade, the IT sector in Romania was highly attractive with competitive salaries and growth opportunities, but it now faces profound changes brought by AI.
Saba Capital's tender offer for shares in Blue Owl and Starwood private credit funds found little investor appetite, as investors showed disinterest in obtaining liquidity at a steep discount amidst elevated redemptions in the private-credit sector.
An analysis argues that the private credit sector is unlikely to trigger the next financial crisis, citing its lower leverage ratio and limited connections to traditional banks as mitigating factors against systemic threat.
A recent parliamentary response in Luxembourg indicates a significant drop in job offers within the IT sector, signaling a period of change for IT careers.
An AI platform is aiming for triple-digit sector growth within the prediction market, which is estimated to be a $1 trillion opportunity. This highlights the significant potential seen in AI-driven forecasting and market analysis.
Martin Flechsig, a former roofer who transitioned into a successful IT career, is now a prominent advocate for German digital small and medium-sized enterprises (SMEs). He champions the idea that the IT sector can thrive without relying solely on American technology.
A MarketWatch report suggests that the private credit sector, with its strong equity cushions and long lockups, is well-equipped to withstand financial crises, unlike traditional banks.
Portugal recorded 77 collective dismissals affecting 950 workers by February, marking the highest number since 2023. The majority of cases were concentrated in Lisbon and the Tagus Valley, with telecommunications and IT sectors being the most impacted.
Residents of Daugavpils, Latvia, are increasingly satisfied with their city, but finding employment, particularly in the IT sector, is becoming more challenging, according to recent statistics and local reports.
According to Oaktree Capital's Panossian, current challenges within the private credit sector represent a market correction rather than a fundamental rejection of the asset class itself.
The European Public Prosecutor's Office is investigating a subsidy fraud case in Slovakia's IT sector, involving nearly 190,000 euros. Police conducted raids in Košice and Rožňava, seizing documents and digital evidence.
Investors are anticipating a significant money-making opportunity in distressed-debt funds, viewing the current strain on the private credit sector as the most promising since the 2008 financial crisis.
More than 500 workers in Serbia's IT sector lost their jobs in March alone, prompting discussions on whether artificial intelligence is the sole cause or merely a convenient justification for the mass dismissals.
The private credit market is at a critical inflection point, with "cracks" becoming apparent as Apollo's stock dropped and Blackstone also experienced a slip amidst growing concerns about the sector's future trajectory. However, Blackstone's Caplan sees low private credit default levels, offering a contrasting view on the sector's health.
A 'private credit storm' is reportedly affecting the father-son duo leading Cliffwater, a firm involved in private credit. This development highlights specific challenges within the private credit sector impacting individual firms.
A Lithuanian bartender, Titas Partikas, successfully transitioned into the IT sector, starting as a programmer at Cognizant after a chance encounter inspired a career change.
Azamat Karamatov has been appointed as the new Chief Executive Officer of IT Park Uzbekistan, a key institution for the development of the country's IT sector.
A recent report indicates that average salaries for coders in Finland have surpassed 5,000 euros for the first time, though the IT sector is simultaneously facing a difficult employment situation.
JPMorgan is reducing its exposure to the private credit sector, a move that comes as the sector faces increasing pressure, with a CNBC panel warning about potential challenges.
The private credit industry is facing increased pressure as JPMorgan Chase reportedly tightens its lending criteria, while a $33 billion fund experiences heavy redemptions.
An agreement has been reached in the seventh round of collective bargaining negotiations for the IT sector in Austria. The deal includes a socially staggered increase in minimum salaries between 3.1 and 2.7 percent.
The Lithuanian IT sector is experiencing a shift where extensive experience no longer guarantees automatic salary increases, and the market is becoming more predictable with reduced demand for junior specialists.
Property sales in Cyprus maintained a double-digit increase in February 2026, as transactions rose by 12 per cent year on year, according to data released by the department of lands and surveys.
The IT industry, in collaboration with financiers, is building a strong MobilityTech ecosystem in Poland, comprising IT companies that support the informatization of the TSL (Transport, Shipping, Logistics) sector.
Saudi Arabia has officially announced the Eid Al Fitr 2026 public holidays for government, private, and non-profit sectors. The break for private and non-profit employees begins March 18, 2026, lasting four days. The exact start of Eid depends on the crescent moon sighting, with official confirmation to follow.
Bulgaria's Employment Agency received 63 notifications for mass layoffs affecting 3934 people last year, a decrease compared to 2024 when 76 employers warned of 5773 worker reductions, with clothing and IT sectors being mentioned.
Indian stock markets underperformed compared to other regional markets, experiencing a substantial $68.6 billion rout in the IT sector, attributed to growing concerns about the impact of artificial intelligence.
Wipro Ltd.'s departure from India's Nifty 50 index, making way for exchange operator BSE Ltd., reflects a broader shift in the Indian IT sector from an outsourcing-led boom to one driven by a growing investor base.
Bulgarian IT company "Навтех груп" (Navtech Group) has solidified its position among leading firms, reporting impressive growth and adapting to evolving digital transformation demands.
Experts indicate that the Indian IT sector is becoming increasingly challenging for freshers due to fewer job opportunities and delayed onboarding processes, reflecting a broader industry reset.
Indian IT stocks, including TCS, Infosys, and Wipro, experienced a rally while global AI stocks plunged. This surge indicates a comeback for the Indian IT sector as the global AI trade falters.
Several major Bulgarian IT sector organizations have urged the government to avoid developing 'vicious models' by excessively using in-house procurement in the IT sector. They compared the state-owned 'Information Services' to the controversial 'Road Infrastructure Agency' in an open letter to Prime Minister Rumen Radev.
The article argues that exporting cheap labor is not a wise strategy for Pakistan, advocating instead for the development of corporate IT to build long-term value rather than relying on freelancers.
Collateralized Loan Obligation (CLO) profits are reportedly diminishing, leading to increased internal disputes and infighting within the credit sector.
This article analyzes the trend of the information technology sector consistently buying assets despite a broader market downturn, suggesting a counter-cyclical investment strategy or strong underlying confidence within the IT industry.
Pakistan's Foreign Minister Dar announced that Islamabad is seeking Turkish investment in energy, mining, defence, and IT sectors, emphasizing the importance of economic diplomacy.
The average net salary in Croatia for April reached 1,552 euros, marking a 7.9% increase, with the IT sector leading in earnings and the textile industry at the bottom.
Austria's IT sector has grown to be as crucial as its energy industry, highlighting its increasing importance to the national economy. This development underscores the country's reliance on data streams and digital infrastructure.
The US government has blocked an Anthropic AI model, though a version called Mythos remains accessible to a select group of companies previously chosen for testing, raising questions about the implications for the IT sector and the future of leading AI models.
Artificial intelligence is reportedly benefiting Samsung's operations while simultaneously leading to job reductions in the IT sector, reflecting broader trends in Asia's tech industry.
The House Ways and Means Committee held a hearing titled 'Foreign Influence in American Nonprofits: Unmasking Threats from Beijing and Beyond' in February, addressing concerns about foreign influence in the U.S. nonprofit sector.
Pakistan's Economic Survey 2025-26 reports substantial growth in the digital economy, with the IT sector posting gains, 5G spectrum auction revenue reaching $510 million, and broadband penetration surging to 64.2%. The IT and telecom sector's export remittances climbed to $3.38 billion.
The engineering sector in India is projected to achieve the highest average salary increments of 9.9% in FY27, surpassing the IT sector which is expected to see a 9.8% increase.
The private credit market experienced a challenging period with significant investor redemptions, including record withdrawals from Blackstone's BCRED and substantial outflows from Blue Owl Capital funds.
Experts and aviation industry players in Kenya are warning that proposals within the new Finance Bill could severely hinder the growth of nascent sectors and significantly impact the aviation industry. They argue that the bill's provisions will negatively affect these crucial economic areas.
Nvidia has confirmed that its projected $200 billion forecast for the CPU market incorporates the Chinese market. This statement clarifies the scope of their financial outlook for the central processing unit sector.
Real estate investment trusts AvalonBay Communities and Equity Residential are reportedly nearing an all-stock merger. This potential tie-up would create a significant entity in the REIT sector.
TechnologyTimes of Indiahindustan-timesindian-express+1ndtv2mo ago4 sources
The Bharatiya Janata Party (BJP) in West Bengal has accused the Trinamool Congress (TMC) of electoral malpractice, claiming that voter IDs and Aadhaar cards were discovered in TMC party offices. The BJP alleges these documents were intended for creating fake votes, particularly in the context of repolls.
Romania's IT sector, once a safety net for the economy, is reportedly struggling under the pressure of artificial intelligence, leading to decreased salaries and an overall industry downturn.
Blue Owl's fund experienced a significant drop in capital raised from retail investors compared to the previous year, as worries grow over a potential surge in loan defaults within the private credit sector.
The Computer Professionals (Registration Council of Nigeria), CPN, has declared that engaging in computing practice, IT training, or digital services without proper registration is illegal, aiming to sanitize the country's IT sector.
A new report from the Financial Stability Board (FSB) has raised concerns about the private credit sector, highlighting issues such as opacity, high debt levels, and increasing default rates.
UDR, a prominent real estate investment trust, has announced its decision to transition to a monthly dividend payment schedule, marking a first for the REIT sector.
Fresh concerns are emerging for the private credit sector as the Milken Institute Global Conference approaches, potentially highlighting industry challenges.
In an interview, IT expert Vyacheslav Kunev discusses the rapid development of AI, the future of the IT sector, mass layoffs, and Gen Z students, advising young people against pursuing careers in IT at this time.
Artificial intelligence is reportedly reducing mass hiring in India's IT sector, exposing a shortage of quality jobs and potentially risking the country's future economic momentum.
Tomasz Konieczny, chairman of the Auditors JZP Platform, emphasizes that over-regulation serves no one, expressing cautious optimism about recent years in the audit sector.
Blackstone CEO Steve Schwarzman has pushed back against what he calls an "intensively negative campaign" targeting the private credit sector, following a $20 billion redemption rush.
HCLTech's stock has declined following a weak outlook and a miss in its fourth-quarter earnings report. This performance highlights the increasing pressure faced by India's IT sector.
Austrian NGOs have responded to attacks from the FPÖ party with a fact-check, stating that the criticism is 'an attack on millions of Austrians' and highlighting that seven percent of all employees work in the non-profit sector, which is crucial for society.
TCS CEO K Krithivasan has dismissed predictions that India's IT sector will become obsolete by 2030, asserting that artificial intelligence will increase the demand for IT services due to the industry's deep skill sets.
The private credit sector is reportedly experiencing an 'unprecedented' wave of redemption requests, leading at least one company to effectively freeze under the pressure.
KPMG is facing serious allegations regarding a purportedly flawed audit that contributed to a collapse in the private credit sector, according to reports from Bloomberg.
Federal Reserve Chair Jerome Powell discussed the outlook for interest rates, stating they are in a 'good place' despite acknowledging economic risks and energy price spikes, noting the Fed is watching but limited in its actions and can look past the oil shock with patience.
The concept of shared leadership is emerging as a new trend, particularly in the IT sector, moving beyond outdated stereotypes of individual leadership.
Private credit funds that heavily lent to software companies during a buyout rush are now grappling with an 'AI recovery problem' as these tech businesses face disruption from artificial intelligence.
Concerns are being raised that the rapidly growing private credit sector could quickly evolve into a significant public problem, potentially impacting broader financial stability.
The Danish IT sector achieved record turnover and exports in 2025, partly influenced by Donald Trump's past threats, but is now facing challenges due to rising prices.
Georgia's nominal Gross Domestic Product (GDP) is projected to reach GEL 104.6 billion (USD 38.1 billion) in 2025, marking a 12.4% increase from the previous year, with real GDP growing by 7.5% according to preliminary data.
The practice of 'talent sharing,' long utilized in the IT sector, is increasingly gaining popularity in other industries as a method to address skill gaps, driven by employees' desire for professional development.
India's Nifty IT stocks are experiencing an eighth consecutive week of declines, leading to significant market value erosion and sparking debate among investors about the sector's future amid AI's impact.
The private credit market is experiencing increased stress, with Quant ratings indicating a cautious outlook on several firms, signaling potential financial instability in the sector.
Warnings are being raised about the private credit sector, with some observers noting 'alarm bells' that are reminiscent of the 2007 subprime mortgage crisis.
At 3 PM in Prague's Jatka 78, the second year of the Dobrý den Radiožurnálu event started. The twenty-four-hour live broadcast focuses on the non-profit sector.
The Indian Rupee has fallen below 92 against the US dollar, leading to discussions on its impact on inflation and the broader economy, though it presents a silver lining for the IT sector.
In this episode of In Focus-Parley, host Kunal Shankar joins experts Kishan Sundar and Alaganambi Welkin to explore AI’s rapid rise in India’s IT sector and its implications for jobs and growth.
TCS CEO K Krithivasan views AI as an opportunity, encouraging employees to leverage AI tools for faster, cheaper service delivery, even if it impacts revenue. This stance comes amid investor concerns
Despite the challenges posed by artificial intelligence, India's IT sector is demonstrating resilience, though the technology is making conditions tougher for many graduates.
This report highlights the IT sector's strategic focus on gaining an AI edge, noting that tech exports have exceeded $4.6 billion and experts are advocating for a shift from low-cost labor to high-value products.
The Romanian IT industry is experiencing significant changes due to artificial intelligence, including thousands of layoffs, frozen salaries, and reduced opportunities for junior professionals, with some roles being replaced entirely.
Employees in the IT sector report that artificial intelligence (AI) is changing work processes, leading to expectations of doing twice as much work with half the staff, making it the new norm.
The private credit industry is reportedly moving away from using the term 'semi-liquid' following a recent wave of redemptions. This shift reflects a reevaluation of liquidity perceptions within the sector.
Rating agencies are once again at the center of systemic concerns, prompting calls for reforms to tackle vulnerabilities within the private credit sector.
India's $315 billion IT services industry is projected to eliminate around 35,000 tech jobs by 2026 as companies rationalize their pandemic-era workforce and shift towards AI-driven restructuring.
Experts in Bangladesh's IT sector are advocating for an extended tax holiday to further support the industry's growth and competitiveness. This measure is seen as crucial for fostering innovation and attracting investment in the country's technology landscape.
The information and communications technology (ICT) sector in the UK is expanding significantly faster than finance, prompting discussions on its potential to solve the country's growth problems. Regions outside London are particularly keen to benefit from this expansion.
Aswath Damodaran, known as the 'Dean of Valuation,' has issued a warning that the private credit sector is vulnerable to significant losses, particularly due to the lending boom for AI data centers.
While the IT sector has dominated charts for years, older industries are making a surprising comeback this year, challenging the long-standing dominance of the 'Magnificent Seven' tech giants.
Market analysts have highlighted Ares and KKR as leading choices in the private credit sector, indicating their strong performance and potential for investors.
Real wages for Romanians have decreased over the past year, with the average net salary in April at 5,843 lei. However, one specific industry has seen significant growth, surpassing the IT sector with an average net of 15,429 lei.
Reports indicate the salary ranges within the Bulgarian IT sector for 2026 and highlight a decline in the percentage of employees who feel well at work. These findings offer insights into both compensation and job satisfaction trends in the industry.
Josh Brown and Sean break down Prologis and Simon Property Group, two stocks that are maintaining their trends despite rising interest rates threatening the REIT sector.
Hourly labor costs for companies in Romania increased in the first quarter of 2026 compared to both the end of last year and the same period in 2025, with the largest advances seen in the services and IT sectors.
Salaries in Croatia are increasing, but not equally across all sectors, with the IT industry showing the highest growth while significant disparities are noted in tourism based on profession and region.
While artificial intelligence is significantly boosting the stock market, it poses a threat to the private credit sector, which has historically seen software investments as a lucrative source of cash.
The Indian IT sector has been the worst-performing major sector in the Indian market over the past 12-18 months, with the Nifty IT index hitting a near 3-year low in May 2026, losing over a quarter of its value since the year began, possibly due to the impact of AI.
The current robust activity in the junk debt market is reportedly leading to fears of complacency within the broader credit sector. Analysts are monitoring potential risks associated with this trend.
Indian shares recorded weekly losses, primarily impacted by a surge in oil prices and a decline in the IT sector, although Adani Enterprises saw a rise after Uber announced its first India data center partnership with the group.
The establishment of AI centers by global firms is significantly transforming India's IT sector, prompting discussions about who holds the leading positions.
Anthropic and OpenAI are reportedly increasing their focus on enterprise artificial intelligence solutions, a strategic shift that is expected to have significant implications for the Indian IT sector.
Stakeholders in Ghana's audit sector are concerned that the independence of auditors is compromised when many officials reside in accommodation provided by the district assemblies they are tasked to audit.
Investors are pulling funds from the private credit sector as tech markets show instability, with short sellers significantly increasing bets against US life insurance stocks due to concerns over their exposure to opaque private credit.
Infosys CEO Salil Parekh believes that artificial intelligence will generate significantly more job opportunities than losses, reshaping India's IT sector and presenting a $300 billion market.
The European Commission has approved temporary state aid measures, allowing member states to support sectors like agriculture, transport, and heavy industries facing high energy prices and other challenges. This framework aims to mitigate the economic impact of the ongoing energy crisis.
Artificial intelligence (AI) is developing globally at a rapid pace. How will this affect Moldova, how ready is business to implement AI tools, what is the IT sector in Moldova currently…
High electricity prices are deterring homeowners from investing in heat pumps, according to SEAI, with construction cost inflation linked to the Iran war also expected to impact the retrofit sector.
UNHCR highlights Marwa's inspiring path back into the IT sector, showcasing efforts to bridge the digital divide and empower individuals through technology.
A Russian YouTuber has gone viral with an appeal to the tech industry, urging colleagues to sabotage government orders for a widespread blocking of virtual private networks (VPNs).
The Pittsburgh Post-Gazette has been saved from closure after being acquired by a nonprofit publisher, the same entity behind the Baltimore Banner. This move provides a lifeline for the historic newspaper, which faced an uncertain future.
Goldman Sachs reported first-quarter revenues that beat expectations, showing regional shifts and increased loss provisions, though its stock experienced a decline despite the positive earnings report.
A new episode of Orsós János's podcast 'Másik út' explores how the Integrom program assists young Roma individuals in entering the professional world, specifically targeting the banking and IT sectors.
An Estonian analyst has criticized the country's state IT sector, arguing that it has expanded expenses and staffing to unprecedented levels while simultaneously funneling hundreds of millions into IT companies, creating a dependency.
A Reuters report suggests that while the private credit sector faces potential catastrophic stresses, these issues are not expected to materialize immediately.
The private credit sector's Collateralized Loan Obligation (CLO) machine is ramping up its activity in a concerted effort to raise more cash. This surge in CLO issuance reflects a growing demand for private credit financing and a push to capitalize on current market conditions.
Scotiabank has revised its target for Kimco Realty Corporation (KIM) as the retail REIT sector undergoes a repricing, reflecting new market valuations.
Former Blackstone employees have successfully raised $25 million for their new startup, Valinor, which aims to innovate the private credit sector by leveraging blockchain technology.
The private credit sector is experiencing a sudden and significant exodus of investors, raising concerns about the stability and future of this financial market segment.
A new study concludes that non-profit sectors, particularly in rural or less financially capable areas, offer only essential home care services like hygiene and meal preparation to individuals with fewer resources.
Blue Owl and other financial firms are actively pushing back against concerns regarding private credit risks, as market jitters persist, with the sector now confronting the inherent limitations of its 'semiliquid' label.
The government has not announced any direct aid to lower prices at the pump. It is, however, introducing aid measures for the hardest-hit sectors, such as fishing and road transport.
The private credit sector's performance has worsened over the past year, with public markets reflecting a decline from good to bad to worse, despite long-term growth prospects.
Money is rapidly exiting the private credit sector, causing significant concern for Wall Street as outflows continue to be a bad sign for the industry.
The private credit sector is reportedly experiencing a period of discomfort as negative developments and bad news continue to accumulate in the non-bank lending market.
Deutsche Bank has issued a warning about potential risks in the private credit sector, despite an expected increase in its private credit portfolio to nearly 26 billion euros by 2025. The bank now flags a $30 billion exposure to private credit.
Apollo Global Management intends to value its private credit assets daily, a move aimed at addressing concerns and criticisms regarding the opaque valuation practices in the private credit sector.
The private credit sector has provided an additional $400 million in funding to the software company Enverus, highlighting continued activity in direct lending.
Czech Radiožurnál is preparing its unique 24-hour live charity broadcast 'Dobrý den Radiožurnálu' for the second year, focusing on the non-profit sector from Jatka 78 in Prague.
Cyprus' information technology sector is urging urgent reforms in how informatics is taught in schools, warning that the country risks falling behind technologically if education does not keep pace.
The spring wage negotiations are beginning for 130,000 industrial employees in Austria, who are demanding a 'fair share of the pie,' following unsuccessful negotiations in the IT sector.
Blue Owl's stock has fallen below its listing price due to mounting concerns in the private credit sector, including investor redemptions and fears of AI disruption impacting software companies.
The European Public Prosecutor's Office has requested the arrest of 16 Italian researchers, professors, and company owners in the IT and new technologies sector across Naples, Sicily, and Lombardy.