A consortium of around 20 banks is providing a project finance loan of about $18 billion to support the construction of a data center campus linked to Oracle in New Mexico, Bloomberg News reported on ... ...

Federal Reserve Governor Stephen Miran on Friday said that if stablecoins end up enjoying widespread adoption it could mean the central bank needs to keep short-term interest rates lower than they would otherwise be. ...

Core Viewpoint - Euronext is reducing the acceptance threshold for its bid to acquire control of the Athens stock exchange from 67% to 50% plus one share of the voting rights [1] Group 1 - The decision to lower the acceptance threshold aims to facilitate the acquisition process and increase the likelihood of securing control over the Athens stock exchange [1] - This strategic move reflects Euronext's commitment to expanding its operations and influence in the European financial market [1]

Internet domain registrar GoDaddy owes a patent owner $170 million for violating its rights in website-building technology, a Delaware federal jury said in a verdict made public on Friday. ...

Volkswagen , Europe's biggest carmaker, has received its first deliveries of chips from Chinese-owned semiconductor manufacturer Nexperia following a supply outage, its China chief was cited as saying... ...

Core Insights - U.S. energy firms have increased the number of oil and natural gas rigs for the third time in four weeks, according to Baker Hughes' report [1] Industry Summary - The addition of rigs indicates a potential uptick in energy production activity within the U.S. energy sector [1]

Boeing has begun work on the expansion of its North Charleston, South Carolina site to boost production of its 787 twin-aisle jet, the planemaker said on Friday, about a year after it first announced ... ...

KKR executives signaled optimism for investment returns and dealmaking on Friday and sought to allay concerns about slower private equity fundraising, deal volume and credit defaults saying there was ... ...

Disney said on Friday that it is continuing negotiations with Google's YouTube TV to bring back ABC and ESPN after the entertainment giant's networks went dark on the pay-TV service. ...

Core Insights - Meta Platforms announced a significant investment of $600 billion in U.S. infrastructure and jobs over the next three years, focusing on artificial intelligence data centers as part of its growth strategy [1] Investment Plans - The investment will primarily target the development of artificial intelligence data centers, which are crucial for enhancing the company's technological capabilities and operational efficiency [1] - This initiative reflects Meta's commitment to expanding its infrastructure and creating job opportunities within the U.S. economy [1] Strategic Importance - The move is seen as a strategic response to the increasing demand for AI technologies and the need for robust data infrastructure to support these advancements [1] - By investing heavily in infrastructure, Meta aims to solidify its position as a leader in the tech industry and leverage AI for future growth [1]