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CoreWeave, the fast-growing US-based AI data centre company, is planning to raise at least $1.5 billion in fresh debt to refinance a portion of its sizeable liabilities and support further investment, just weeks after a subdued public market debut, the Financial Times reported. The New Jersey-headquartered company is working with JPMorgan on a roadshow this… Continue reading CoreWeave eyes $1.5B bond raise to ease debt load following lacklustre IPO: report

To accelerate the UK’s energy transition and efficiently increase capacity, King Charles III’s Crown Estate, owner of Britain’s seabed, has approved the expansion of high-density wind farms on existing seabed leases. The Capacity Increase Programme aims to add 4.7 gigawatts of capacity through seven projects, according to a Reuters report. These include RWE’s Rampion 2… Continue reading UK’s Crown Estate clears offshore wind expansion to raise energy output

International Airlines Group, the owner of British Airways, has placed a landmark order for 32 long-haul jets from Boeing worth nearly $13bn (£9.8bn), a day after a trade agreement between the UK and US led to the scrapping of tariffs on jet engines. The announcement, made on Friday, comes just a day after the United… Continue reading British Airways parent inks $13bn Boeing deal after US-UK trade breakthrough: why it matters

Trade tensions between the United States and China are throwing a spanner in billions of dollars worth of acquisitions and initial public offerings, dealing a fresh blow to a dealmaking market that was already slow to recover this year. Prevailing tensions between the two nations have reportedly stalled Bunge Global SA’s $8.2 billion acquisition of… Continue reading From Bunge’s Viterra deal to Shein’s IPO: US-China trade war derails major cross-border deals

Both Rigetti Computing Inc (NASDAQ: RGTI) and IonQ Inc (NYSE: IONQ) have soared about 50% over the past month as investors ran into the quantum computing stocks in hopes they’ll emerge as the next goldmines after AI in 2025. According to some experts, quantum technology’s transformative influence on industries across the board could prove even… Continue reading Rigetti vs IonQ stock: which is the better quantum play for 2025?

Chinese electric vehicle manufacturers posted diverging sales trajectories in April, with Xpeng marking the strongest year-on-year growth among major players. The company delivered 35,045 EVs last month, a 273% surge from April 2023, extending its streak of monthly deliveries above 30,000 units. Meanwhile, industry heavyweight BYD led the market in terms of volume, selling over… Continue reading Xpeng EV deliveries soar 273% in April; BYD leads with over 370,000 units sold

Jeff Bezos, the founder and former chief executive of Amazon, has disclosed plans to sell up to $4.75 billion worth of shares in the e-commerce giant over the next 12 months, according to regulatory filings released Friday. The planned sale of up to 25 million shares, set under a pre-arranged trading plan, will run through… Continue reading Bezos to sell up to $4.75B in Amazon stock: here’s what investors need to know

Reddit Inc. (NASDAQ: RDDT) is strongly positioned to extend its gains further over the next few weeks, according to JPMorgan senior analyst Doug Anmuth. Reddit shares have already rallied some 40% since early April, but an upbeat quarterly release the forum social media platform posted this week will sustain momentum moving forward, Anmuth says. In… Continue reading Reddit is attracting ad dollars: will RDDT shares rally further in 2025?

A wave of relief washed over Asian financial markets on Wednesday, propelling most major stock indices higher as investors reacted positively to indications that US President Donald Trump would not dismiss Federal Reserve Chair Jerome Powell, coupled with optimistic comments regarding the US-China trade dispute. Easing fears spark market enthusiasm After days of simmering anxiety,… Continue reading Asian markets open: Stocks surge as Trump eases Fed firing threat, trade hopes build