Large language model developer Anthropic PBC has secured $2.5 billion in debt financing, CNBC reported today. The loan is structured as a revolving credit facility. Standard debt financing deals require the borrower to pay back the funds in a fixed number of installments. A revolving credit facility, in contrast, has no such requirement. Additionally, the […]
Avenir Group, a Hong Kong-based investment firm, has increased its holdings in BlackRock’s iShares Bitcoin Trust (IBIT) to 14 Avenir Group, a Hong Kong-based investment firm, has increased its holdings in BlackRock’s iShares Bitcoin Trust (IBIT) to 14.7 million shares as of March 31, 2025, up from 11.3 million shares at the end of 2024. […]
Municipal bond investors may have a rare and compelling opportunity to lock in high yields. High-grade municipal bond yields, particularly at the long end of the curve, are near their highest levels in over a decade, according to the Bloomberg Municipal Bond Index through May 8. And the ratio of the tax-equivalent yield on 30-year […]
President Donald J. Trump (00:07): Well, thank you very much. It’s an honor to be here. What a great place. What a great place. But more importantly, what great people. I want to thank his Royal Highness, the Crown Prince, for that incredible introduction. He’s an incredible man. Known him a long time now. There’s […]
PARIS (Reuters) -France’s finance minister criticised on Thursday a decision by French drugmaker Sanofi to invest at least $20 billion in the United States through to 2030, as France aims to get more companies investing in the country rather than abroad. “It’s clear it was not something that was nice to see and it was […]
Cboe BZX Exchange has filed a proposed rule change with the Securities and Exchange Commission to list and trade shares of the Canary Staked TRX ETF under Rule 14.11(e)(4), marking the first attempt to register a US-based spot Tron ETF fund offering staking rewards. Filed on May 12, the proposal seeks approval to list Commodity-Based […]
A new global analysis by Ortec Finance shows that clients are increasingly focused on the ESG credentials of their investment portfolios. However, many wealth managers and financial advisors lack the tools and systems needed to effectively track and manage ESG and climate risks, and the industry must invest heavily to improve. Around 90% of respondents […]
Prince William has revealed that his daughter Princess Charlotte, 10, is a keen runner as he chatted to Keely Hodgkinson at an investiture ceremony this afternoon. The Prince of Wales made the 800m runner a Member of the Order of the British Empire after she won gold at the Paris Olympics and was named Sports […]
G-Token aims to make state-backed investments accessible to retail investors, while testing blockchain-based fundraising. Thailand’s Finance Ministry is preparing to launch 5 billion baht ($150 million) in digital investment tokens known as the G-Token within the next two months. The initiative is designed to raise public funds through a new blockchain-based model. Unlike traditional bonds, […]
Synchrony Financial has seen its share price rise by 33% over the last month, influenced by several key developments. The company announced a significant new partnership with Texas A&M University Veterinary Medical Teaching Hospital, enhancing its CareCredit services in veterinary financing, and launched a private label credit card with Belle Tire, broadening its reach in […]
