In a strategic financial move, Saudi Arabia's Public Investment Fund (PIF) has decreased its stake in U.S. companies such as Visa and Pinterest, aiming to trim its exposure to U.S.-listed stocks by 18% since the previous quarter.

Alternative asset powerhouse Blue Owl Capital has merged one of its early private credit funds with a larger asset, potentially resulting in significant 20% losses for investors who have sought redemptions.

Amid ongoing geopolitical tensions, Ukraine has secured a crucial agreement with Greece for winter gas imports. This deal, announced by Ukrainian President Volodymyr Zelenskyy, aims to mitigate the impact of persistent Russian strikes on Ukraine's infrastructure.

(With inputs from agencies.)

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