Microsoft plans to raise $25 billion in debt as it pursues AI buildout
Microsoft boasts a strong credit rating and has managed to maintain positive free cash flow, unlike Meta, Alphabet and Amazon.
Fresh headlines from around the world. Gaming, politics, technology and everything in between.
Microsoft boasts a strong credit rating and has managed to maintain positive free cash flow, unlike Meta, Alphabet and Amazon.
During the entire Legislative Council election, Lalan Singh did not even campaign in support of Neeraj, but rather gave moral support to Anant Singh, who was campaigning against Neeraj
Arson attacks in Waterford and Offaly resulted in criminal charges, but many victims too fearful to come forward
Payment of two instalments of Dearness Allowance from October salary to add to the burden
The ECB chief is set to wade back into French politics as her centrist rivals fail to stop the momentum of left- and right-wing populists.
Federal law requires the Education Department to erase the student loans of borrowers whose colleges close suddenly. A new lawsuit claims the department isn't fully following those rules.
Jagadish Krishnan faced media outside his Riverton electorate office, reading a statement and taking several questions before being whisked back into his office by a staff member as those questions became heated.
AIB highlights Ireland’s improving debt metrics but warns we cannot take our success for granted
Office transactions slide to lowest level since 2009 in third quarter
The Federal Government has paid N1.23tn out of the N3.3tn debt owed to electricity generation companies (GenCos), the Minister of Power has disclosed. Read More: https://punchng.com/fg-pays-n1-23tn-gencos-debt-says-minister/
Oracle issued a revenue forecast for fiscal year 2030 of $225 billion, and said it will limit additional fundraising over that stretch to $20 billion.
Knowing what can and can't happen during the debt collection process may help you avoid costly mistakes.
The Federal Government has paid N1.23tn out of the N3.3tn debt owed to Generation Companies, the Minister of Power, Joseph Tegbe, has disclosed. Read More: https://punchng.com/fg-pays-n1-23tn-of-n3-3tn-gencos-debt-minister/
Government of Andy Burnham rolls out some tax hikes and spending giveaways in what could be a prelude to an early election.
For borrowers struggling to make progress on their debt, the problem may extend well beyond their spending habits.
The clock may be ticking on America’s “exorbitant privilege”.
KUALA LUMPUR, Oct 28 — The government has yet to decide whether to provide financial support to financially distre...
Credit markets will be closely watching updates from Oracle and other hyperscalers later this week. What to expect.
Slowing margin-debt growth could signal growing risks for stocks.
President Bola Tinubu has asked the House of Representatives to approve the issuance of promissory notes worth N269.45bn to settle outstanding FG debts. Read More: https://punchng.com/tinubu-seeks-reps-approval-to-settle-n269-45bn-fg-debts/
Business analyst and certified financial planner Jill Schlesinger shares tips on avoiding debt during your holiday shopping season.
These debt relief companies could help you cut your debt, but there are some things to know before signing up.
Labour MPs are urging the Treasury to forgive billions of pounds of legacy debt owed by councils to support Andy Burnham's pledge for a post-war housebuilding boom.
A massive wall of commercial real estate debt is coming due now and over the next two years. For some, this presents an opportunity.
Business Today: The best news, analysis and comment from The Irish Times business desk
KUALA LUMPUR, Oct 27 — For some Malaysian men, keeping the romance alive could mean stretching their wallets &mdas...
SEOUL, Oct. 27 (Yonhap) -- Corporate direct financing rose in September due to a...
That the UK has run out of money for its needs must be the grim realisation that underpins the national budget this week. There are signs that the new Chancellor of the Exchequer, John Healey , is indeed ingesting this message – yet Mr Healey must go further to level with the country. The national debt hit £3 trillion ($4 trillion) last week. The budget is e
Kaiser Reef produced 6263oz of gold, lifting cash to $40m, clearing its Henty acquisition loan in Tasmania and advancing underground drilling at Maldon in Victoria.
An analysis of Nigeria’s rising public debt, its impact on development, and the challenges of debt servicing for federal and state governments. Read More: https://punchng.com/nigerias-debts-and-future-development/
Elon Musk said in an X post that SpaceX has closed $40 billion in debt financing to purchase GPUs.
Nigerian states spent N800.42bn servicing debt in the first half of 2026, a 39.5% increase from 2025, with Lagos accounting for nearly one-third. Read More: https://punchng.com/states-six-month-debt-servicing-bill-hits-n800bn/
I racked up over $11,000 in credit card debt traveling, shopping and dining out. Here's how I paid it all off in under two years.
The EU’s second-largest economy has emerged as the biggest victim of soaring global yields. Its troubles are like those of most other countries, only worse.
<p>Andrew Woosnam took millions from his recruitment firms before creditors, including HMRC, were left out of pocket</p><p><a href="https://www.theguardian.com/business/2026/oct/25/bust-companies-revived-in-phoenix-deals-more-likely-to-fail-again-study-finds">• Companies revived in ‘phoenix’ deals more likely to fail, study finds<br></a></p><p>For three deca
The vulnerability to potential hackers was found by using a model from OpenAI in one of the most high-profile demonstration of AI's cybercapabilities.
Over a single week, more than $US1 trillion ($1.43 trillion) was wiped from the stocks of 20 of the world’s biggest semiconductor and AI companies.
The next generation of family office leaders is likely to use more debt, invest in more alternatives and focus on different philanthropies, say new studies.
Veteran Nollywood actor Jide Kosoko says he is in debt after his film, Eleko: Oba Esugbayi, failed to recoup its production cost of over N300m in cinemas. Read More: https://punchng.com/jide-kosoko-laments-debt-following-n300m-movie-cinema-loss/
If inflation and debt rise and AI optimism falls, then the danger of reducing Treasury maturities grows
KUALA LUMPUR, Oct 23 — The remaining net financial burden borne by the government in relation to 1Malaysia Develop...
Much of the additional spending will go towards health pressures.
Among the G7, France and the US are heading into a wall, says Chris Giles for the Financial Times.
Elon Musk has invested $1 billion in the new Skydance, according to a report in Semafor, amid speculation by Wall Street, industry players and, yesterday, John Malone, that the world’s richest man and Tesla chief would step in to lend his friend Larry Ellison a hand. At a conference yesterday in New York, the former […]
Bond markets are signaling unease over AI financing costs and sovereign debt in parts of Europe. More stress tests are coming.
It's a grim week for developers and fans, with EA announcing that it is shutting down Mass Effect and Dragon Age studio BioWare. EA said that after deciding not to pursue development on a new Mass Effect, it would shut down the studio as part of company-wide restructuring plans that will result in roughly 400 employees being let go. But should EA sit on the
Your home's equity could offer a way out of expensive debt, but the potential savings come with serious trade-offs.
The Oyo State House of Assembly has approved a N100bn loan from UBA for infrastructure and a N300bn deal to refinance existing debt at a lower interest rat Read More: https://punchng.com/oyo-assembly-approves-n100bn-loan-n300bn-debt-refinancing-deal/
A private security firm contracted by the AFL to oversee Marvel Stadium has been place into liquidation, owing almost $2 million in tax and facing claims that hundreds of staff were underpaid.
Protests in Europe have highlighted debt squeeze, with France now paying more to borrow than Italy and Greece.
The Federal Government says it has settled over N100bn in longstanding gas debts to strengthen the gas-to-power value chain and boost electricity supply. Read More: https://punchng.com/fg-settles-n100bn-gas-debts-to-boost-power-supply/
Blackstone’s AI head on why the PE giant isn't panicked by market jitters.
Was John Malone just spit-balling — or does he have some inside info about some financial machinations brewing among the Ellisons, Skydance and Elon Musk’s SpaceX? Malone, the media mogul known as “The Cable Cowboy” for his investments across the cable and telecom sector over five decades, suggested there will be a sizable investment coming […]
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