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SoftBank Seeks Up to $40bn Bridge Loan to Fund OpenAI Investment Ahead of Expected...
SoftBank Group Corp. is in advanced discussions with banks to secure a bridge loan of up to $40 billion, primarily to finance its deepening...
Gulf Countries Considering Invoking Force Majeure Clauses on Contracts with the United States
Amid the escalating conflict between the United States, Israel, and Iran—which began with joint U.S.-Israeli strikes on Iranian territory around February 28, 2026, resulting...
US Dollar Held Steady Friday, Heads for Sharpest Weekly Gain in a Year As...
The U.S. Dollar Index (DXY) held firm on Friday and was headed for its sharpest weekly gain in more than a year as intensifying...
BlackRock Limits Withdrawals From $26bn Private Credit Fund as Redemption Wave Rattles $2tn Industry
Shares of BlackRock fell sharply on Friday after the asset management giant restricted withdrawals from one of its flagship private credit funds, a move...
U.S. Rolls Out $20bn Insurance Backstop for Oil Tankers as Strait of Hormuz Crisis...
The administration of Donald Trump on Friday unveiled a $20 billion reinsurance program designed to restart oil tanker traffic through the Strait of Hormuz,...