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NaBFID is set to initiate the raising of $500 million via a 10-year overseas bond, while simultaneously negotiating a $1 billion MIGA-backed bond with a longer 15-year maturity. This financial strategy aims to secure essential long-term funding for infrastructure developments.
The project is expected to be worth 2 trillion yen to 3 trillion yen ($12.85 billion to $19.27 billion) and would be operated by chipmaker GlobalFoundries, focusing on logic semiconductors, the Nikkei reported without citing sources.
The planned $500 million financing round is set to close soon and would make the agentic AI pioneer China’s most valuable startup in its field, according to people familiar with the matter.
The federal government spent $9.5 billion on compensating employees not working in 2025 due to Musk's DOGE initiatives, drastically increasing paid leave.
American billionaire attorney John Morgan said employees who chose not to return to the office could continue working remotely.
The data center provider is targeting a listing at the end of October, according to the people, who asked not to be identified because the information is private. Deliberations are ongoing and details of the offering, including its size and timing, could change, the people said.
American billionaire John Morgan revealed that 23 of his staffers quit when he began tracking their productivity through laptop cameras. | Trending
A news investigation has revealed surrogacy oversight after a woman carried child for Chinese billionaire Xu Bo.
The latest borrowing would add to SoftBank’s wave of recent debt financing activities tied to its bet on OpenAI. That includes a $10 billion margin loan backed by its OpenAI stake and a potential bond sale of as much as $20 billion, despite concerns about growing credit risks in the artificial intelligence sector.
India and UAE trade is projected to reach USD 200 billion by 2032. Closer economic ties and the India-UAE CEPA have already boosted bilateral trade significantly. The UAE
Z.AI launched the sales on Friday, offering 21.97 million new Hong Kong shares at HK$714 ($91.05) each, a 10% discount to Friday's closing price of HK$793.
The assessment said the larger recovery figure does not represent simply the cost of replacing what was damaged. | World News
New Delhi: India and Canada held their annual Foreign Office Consultations (FOC) at Hyderabad House on Wednesday, reaffirming their commitment to concluding a Comprehensive Economic Partnership Agreement (CEPA) by the end of the year.According to the Ministry
Rich Dad Poor Dad author Robert Kiyosaki has said he is carrying about $1.2 billion in debt, a figure he says is tied to the real-estate investments that form a major part of his wealth-building strategy. The 79-year-old financial author has often spoken about
ICICI Bank raises $17.88 billion through FCNR(B) deposits amid strong demand - The Economic Times icici bank,ICICI Bank,FCNR(B) deposits,foreign currency,RBI,foreign exchange liquidity,USD 17.88 billion,external sector position,concessional swap facility,Augus
Piyush Goyal says India could attract more than $200 billion in investment into its data centre industry as the country seeks to emerge as a global data centre hub. The Commerce and Industry Minister highlighted data centres, AI, semiconductors and manufacturi