The five-year facility will be priced at about 185 basis points over the benchmark Secured Overnight Financing Rate, the people said. Final terms may change
Based on an expected deal size of about $2.5 billion, the total fee pool could be about $16.25 million, with the bulk likely to be shared among the six lead banks
The European Union called Pakistan's attack on a medical facility in Kabul "another deadly escalation in a conflict that needs to end as soon as possible"
Iran launched fresh waves of missile and drone attacks, targeting the United Arab Emirates, Saudi Arabia and Kuwait. It also struck Tel Aviv
Two- and three-wheeler vehicles now make up the bulk of avoided road fuel use due to the fast rise of electric motorbikes, especially in developing nations
The company is asking the court to issue a preliminary injunction to block the government's ban from staying in effect while the legal fight plays out
Oura, which was valued at $11 billion in a funding round late last year, has been hiring aggressively from Apple in recent years
As the Iran war enters the third week and cooking gas becomes scarce amid a conflict-driven supply shock
He is the first high-profile administration official to step down in protest of the conflict
As the US-Israeli war on Iran intensifies and continues to wreak havoc, some fear that the death of a figure like Larijani could block potential diplomatic efforts to end it quickly
The precariousness of the island of 10 million people was on full display earlier, when it suffered another national blackout, at least the sixth such outage in the span of a year
Investor optimism fades as rising cash levels and geopolitical risks signal a shift from a "frothy bull" market to growing caution globally
Even before the US and Israel began their attacks on Iran on Feb. 28, financial strain among the continent's businesses was at a four-year high
Economists expect slower growth due to reliance on imported oil, with Goldman cutting its 2026 forecast to 6.5%, while IndusInd warns of a 30-basis-point hit and risks from weak consumption
Pakistan said it carried out 'precision airstrikes' on Taliban sites in Kabul and Nangarhar, targeting military depots and infrastructure, and accused the Taliban of making 'false claims'
The $1 trillion target is derived from two critical buffers: $350 billion to cover all one-year debt obligations and $650 billion to protect against a potential exodus of foreign portfolio capital
The moratorium has divided nations for nearly three decades as economies including Brazil, India and South Africa argued they wanted to preserve domestic policy options rather than rubber-stamp it
Trump's request to delay a planned trip to China is latest example in a pattern of postponing or calling off high-profile meetings that he decides don't suit his interests
The Ministry of Energy and Mines is investigating the cause, but said that there was no damage to the power plants operating at the time of the failure
War has overshadowed Trump's other priorities, especially with Iran's move to block the Strait of Hormuz sending the price of oil above $100 a barrel