Page 3 - Bloomberg

Microsoft's $25 billion blowout bond puts it in AI winners' circle

The software giant, and one of the premier AI hyperscalers, drew more than four times demand for its 10-part debt sale Thursday

Credit swaps for tech companies reach records amid supply concerns

In the credit derivatives market, the cost of protecting Broadcom Inc.'s debt against default for five years rose by about 10 basis points to 175.4 basis points a year

Big tech's $750 billion AI bet faces strain with slowing core growth

The earnings reports and the ensuing stock selloffs expose the tensions escalating over big tech's transition to new AI-powered products, and the spending required to get there

AI firm AM Intelligence seeks $3 billion financing for Nvidia chips order

The funding package for the company, established by the founders of renewable energy producer Greenko Group Plc, could comprise of bonds and bank loans

Israel seeks election probe after Netanyahu alleges Arab vote rigging

Israel's election watchdog has sought a probe into alleged foreign interference after Netanyahu questioned high Arab voter turnout, as his bloc fell short of a parliamentary majority.

Alphabet loses over $500 billion in market value as AI hits Google search

Alphabet lost over $500 billion in market value as weaker-than-expected search and advertising sales raised concerns over AI's impact on Google's core business and soaring infrastructure costs.

Microsoft eyes to raise at least $25 billion in first US bond since 2017

Microsoft is seeking to raise at least $25 billion through its first US bond sale since 2017, testing investor appetite for AI-linked debt amid rising borrowing costs and spending concerns.

Banking assets in GIFT City jump 60% to $193 bn in 3 months as credit grows

Growth in credit markets, foreign currency deposits, and external commercial borrowings has boosted banking assets at India's international financial hub as it competes with Singapore and Hong Kong

Jio's strong market debut boosts confidence in India's IPO pipeline

With 113 companies cleared to list and another 115 having filed draft papers, Jio's debut could encourage large offerings from firms including PhonePe, Flipkart and Hindustan Coca-Cola Beverages

Taiwan suspects China behind Pakistan's brief airspace ban for its airlines

Taiwan's Deputy Foreign Minister Chen Ming-chi said Pakistan's move sent a dangerous message, as Taiwanese commercial flights resumed over the country on Thursday after permits were approved

Student enrolment in US computer science programmes falls as AI takes jobs

Undergraduate computer science enrolment fell over 12% and postgraduate numbers more than 10% this autumn, with declines over two years reaching 18.4% and 27.1%, respectively

Bolsonaro's son Flávio faces 'web of probes' in Brazil amid flight to Miami

Flávio faces multiple probes in Brazil amid his mover to Miami via Argentina and Ecuador, while his brother Eduardo was convicted over alleged efforts to interfere in a probe against their father

Australia sees gains in contest with China for Pacific's 'great game'

Pacific Island Affairs Minister Pat Conroy said Canberra must deliver on regional commitments to remain the partner of choice, citing treaties and new alliances as key achievements

US judge rejects Trump admin's bid to block 20,000 California mail-in votes

Judge David O. Carter denied the Justice Department's request to withhold disputed ballots pending citizenship checks, warning the move could disrupt the midterm elections

Shapoorji Pallonji Group seeks to raise up to $200 mn to repay debt

The Indian conglomerate plans to raise $150 mn-$200 mn through rupee bonds issued by its Eqyizen Investment unit, with about half the proceeds earmarked to repay creditors of Porteast Investment

Mbappe faces China backlash over Mao remark as major sponsors cut ties

Kylian Mbappe's remarks on Mao Zedong sparked a backlash in China, prompting brands to sever sponsorship ties and highlighting growing political risks for global companies.

Trump says Putin-Zelenskyy meeting will be set up soon to end Ukraine war

US President Donald Trump said a meeting involving Vladimir Putin and Volodymyr Zelenskyy could be arranged soon to end the Russia-Ukraine war, but gave no timeline.

Israel exit polls show tight contest between Netanyahu and Eisenkot

Netanyahu's religious right-wing alliance and Eisenkot's more centrist bloc are both on track to secure 51 of Israel's 120 parliamentary seats, according to two exit polls

Jio Platforms IPO surge ends Tata's reign as India's most valuable group

Jio Platforms' shares surged as much as 23% on debut, pushing Reliance Group's market value past ₹30 trillion and overtaking Tata Group as India's most valuable conglomerate.

Flavio Bolsonaro flees Brazil following defeat in presidential election

Flávio Bolsonaro, who is facing multiple criminal investigations in Brazil, was ordered to surrender his passports to Federal Police by Tuesday but failed to do so