Meta Taps Major Banks for US$13 Billion El Paso Data Centre Financing
El Paso, 5 May 2026 – Meta Platforms is moving to arrange a financing package of about US$13 billion for its data centre project in El Paso, Texas,…
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Dell Grants COO Jeff Clarke Performance Options Worth US$132 Million as AI Server Boom Accelerates
Round Rock, 5 May 2026 – Dell Technologies has awarded Chief Operating Officer and Vice Chairman Jeff Clarke a major performance-based stock option package valued at about US$132.4…
Apollo-Owned Tenneco Eyes IPO as Auto Supplier Prepares Public Market Return
New York, 5 May 2026 – Apollo Global Management-backed Tenneco Inc. is preparing for a potential return to the public market, in what could become one of the…
Trump Says He Looks Forward to Xi Summit as US-China Tensions Mount
Washington, 4 May 2026 – United States President Donald Trump said he is looking forward to meeting Chinese President Xi Jinping later this month, signalling that a high-stakes…
Blackstone Data Centre REIT Seeks US$1.75 Billion IPO as AI Infrastructure Race Accelerates
New York, 4 May 2026 – Blackstone Digital Infrastructure Trust Inc. is seeking to raise as much as US$1.75 billion through a United States initial public offering, giving…
Energy Prices Set for Sharpest Surge Since 2022 as Middle East Conflict Strains Global Markets
Washington, 4 May 2026 – Global energy prices are projected to rise by 24% in 2026, marking their highest level since Russia’s invasion of Ukraine in 2022, as…
ASX Warns Listed Firms Against Using AI Hype to Inflate Share Prices
Sydney, 4 May 2026 – The Australian Securities Exchange has warned listed companies against exaggerating artificial intelligence-related opportunities to boost market interest, as regulators grow more alert to…
Cerebras Targets Up to US$4 Billion IPO as AI Chip Demand Tests Public Market Appetite
Sunnyvale, 2 May 2026 – Cerebras Systems is reportedly seeking to raise as much as US$4 billion in its initial public offering, setting up one of the most…
Coinbase Says Deal on Crypto Bill Provision Could Revive US Digital-Asset Regulation
Washington, 2 May 2026 – Coinbase said an agreement has been reached on a key provision in a major United States cryptocurrency bill, potentially clearing one of the…
SoftBank-Backed OPay Eyes US IPO as African Fintech Growth Draws Global Capital
Lagos, 1 May 2026 – SoftBank-backed OPay is preparing for a potential initial public offering in the United States, in a move that could place one of Africa’s…