Business

Anthropic’s pre-IPO credit facility set to exceed $10 billion, Bloomberg News reports

Tuesday, August 18 by SRN News

Aug 18 (Reuters) - Anthropic's revolving credit facility is expected to exceed its roughly $10 billion target, Bloomberg News reported on Tuesday, as the AI lab prepares for what could be one of the biggest public listings on record. Banks are jockeying for a piece... Read More.

Analysis-Canada’s pipeline ambitions hinge on uncertain output expansion

Tuesday, August 18 by SRN News

By Amanda Stephenson and Arathy Somasekhar CALGARY, Aug 18 (Reuters) - Canadian pipeline firms are proposing billions of dollars in new projects despite oil sands companies being reluctant to commit to significant production expansions amid ongoing uncertainty around climate policies and long-term global demand. At... Read More.

Trump is threatening to bomb Oman, but why?

Tuesday, August 18 by SRN News

The world knows that U.S. President Donald Trump is angry with Iran. But he's not happy with the small country lying across the Strait of Hormuz from the Islamic Republic, either: Oman. Oman has played a relatively low-profile role since the Iran war began, including... Read More.

US yields rise amid Iran worries, broader selloff

Tuesday, August 18 by SRN News

WASHINGTON, Aug 18 (Reuters) - U.S. yields headed higher for a third straight session on Tuesday, as anxiety over the U.S.-Iran conflict and inflation converged with a global bond selloff that saw long-term borrowing costs edge toward their highest levels in decades. The U.S. 30-year... Read More.

Kalshi files for stock index perpetuals in challenge to traditional exchanges

Tuesday, August 18 by SRN News

(Corrects headline to say the filing is for perpetual futures related to a stock index, not the S&P 500; removes reference to S&P 500 from paragraph 1) Aug 18 (Reuters) - Prediction market startup Kalshi filed with the U.S. Commodity Futures Trading Commission (CFTC) on... Read More.

Carney and Trump speak ahead of 50% US tariff deadline

Tuesday, August 18 by SRN News

By Promit Mukherjee and Maria Cheng OTTAWA, Aug 18 (Reuters) - Prime Minister Mark Carney spoke with U.S. President Donald Trump on Monday, Carney's office said, as Canada tries to hash out a last-minute deal to avert new 50% tariffs from taking effect at midnight... Read More.

ABC sues FCC over challenge to its broadcast licenses, saying actions present ‘existential threat’

Tuesday, August 18 by SRN News

Further escalating its battle with the Trump administration, ABC on Tuesday took the rare step of suing the Federal Communications Commission on First Amendment grounds, saying the agency's demand for early review of broadcast licenses posed an "existential threat" to its operations. In the lawsuit,... Read More.

Airbus targets A350F maiden flight in September, sources say

Tuesday, August 18 by SRN News

By Tim Hepher PARIS, Aug 18 (Reuters) - Airbus has tentatively set the first flight of its delayed A350F freighter for late September as it tries to loosen Boeing's grip on airborne trade, industry sources said on Tuesday. The schedule, which could slip into early October,... Read More.

KKR makes $9 billion takeover bid for energy distributor UGI, WSJ reports

Tuesday, August 18 by SRN News

Aug 18 (Reuters) - Private equity firm KKR has offered to buy U.S. natural gas and electricity distributor UGI Corp for $9 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The offer values UGI at $42.50 per share, the... Read More.

Apple changes fees for alternative app stores in EU

Tuesday, August 18 by SRN News

By Supantha Mukherjee STOCKHOLM, Aug 18 (Reuters) - Apple said on Tuesday it will charge a 5% commission on digital transactions in apps distributed outside its App Store, replacing a more complex system as it seeks to comply with the European Union's Digital Markets Act.... Read More.

Current Weather

Anthropic’s pre-IPO credit facility set to exceed $10 billion, Bloomberg News reports

Analysis-Canada’s pipeline ambitions hinge on uncertain output expansion

Trump is threatening to bomb Oman, but why?

US yields rise amid Iran worries, broader selloff

Kalshi files for stock index perpetuals in challenge to traditional exchanges

Carney and Trump speak ahead of 50% US tariff deadline

ABC sues FCC over challenge to its broadcast licenses, saying actions present ‘existential threat’

Airbus targets A350F maiden flight in September, sources say

KKR makes $9 billion takeover bid for energy distributor UGI, WSJ reports

Apple changes fees for alternative app stores in EU

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