Investors push for higher yield on $14bn of Oracle-backed data centre debt
Huge bond offering comes amid concerns over Oracle’s debt load and the recent flood of AI-related issuance Source link
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Mandelson under formal investigation by EU’s anti-fraud office
The scandal surrounding the peer’s ties to Epstein continue to reverberate through UK politics, and this week the former top civil servant at the Foreign Office, Sir Olly Robbins, said he had been pressured to rush through Lord Mandelson’s appointment as ambassador to the US. Source link
French Open: Carlos Alcaraz to miss Grand Slam title defence with wrist injury
Alcaraz began the year by winning his first Australian Open title – becoming the youngest man to complete the career Grand Slam – and would have been looking to kick on further, as he often does when the clay season gets under way. The seven-time Grand Slam champion won clay-court titles in Monte Carlo, Rome…
Strategy stock beats Bitcoin after rising 25% in a month: BTC bottom in?
Historically, MSTR’s outperformance signals traders are taking more risk, betting Bitcoin’s worst drawdown phase may be over. Source link
Giant leaves BBC's Gladiators after three series
Jamie Bigg, known as Giant, says his departure “wasn’t a decision I made”. Source link
FCC adds mobile hotspots to router ban • The Register
America’s telco regulator has clarified its ban on foreign-made routers also includes mobile hotspots and domestic routers that use a 5G cellular connection to the internet. The Federal Communications Commission (FCC) announced – about a month ago – an effective ban on new consumer-grade network routers manufactured abroad from being sold in the US. Now,…
CVC’s Maticmind Tries to Calm Bondholders as Founder Probed
Maticmind SpA said all its published financial information is “complete and correct” as it sought to reassure investors after a fraud probe into the software firm’s founder sent its bonds sliding. Source link
Ella Langley Secures Another Week At Top Of US Charts With Dandelion
Ella Langley scored another week at the top of US album charts as her debut record Dandelion held the number one position for a second consecutive week. The country singer moved 102,000 units during the album’s second week of release, according to industry tracker HITSDD. PopCrave reported the chart projection on Tuesday, citing HITSDD data…
Morgan Stanley Targets BlackRock With Money Market Fund for Stablecoin Issuers
In brief Morgan Stanley is positioning itself as a firm that can help stablecoin issuers manage reserves with a money market fund. The product was specifically designed to comply with the GENIUS Act, and address a “significant increase in stablecoin issuers.” Circle parks its reserves in a BlackRock-managed money market fund, which was valued around…
The limits on Bessent’s Treasury swap lines
The US provided Argentina with a $20bn swap line, but similar offerings to Gulf and Asian allies would face constraints Source link