Bloomberg

Jio Platforms Plans $3 Billion Debt Reduction from IPO Proceeds

**Jio Platforms will use roughly $3 billion from its upcoming IPO to repay its telecom unit's external commercial borrowings, a major deleveraging move.** The draft IPO document, filed Friday, reveals...

Ashutosh Joshi 1 reads

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14 articles
Bloomberg 1 reads

Jio Platforms Plans $3 Billion Debt Reduction from IPO Proceeds

**Jio Platforms will use roughly $3 billion from its upcoming IPO to repay its telecom unit's external commercial borrowings, a major deleveraging move.** The draft IPO document, f...

Jio Platforms will use nearly $3 billion in IPO proceed The debt repayment targets three ECB facilities from ma
Bloomberg 2 reads

Millions in Brazil Get Fake Government Mobile Alert After Hack

**A hacker breached Brazil's civil defense alert system, sending fake 'Extreme Alerts' to millions of phones and forcing the platform offline.** The intrusion, which occurred early...

A hacker sent fake 'Extreme Alerts' to millions of Braz The attack exploited a system designed for life-threate
Bloomberg 2 reads

Iran War Gives Pakistan Its Biggest Diplomatic Boost in Decades

**Pakistan has emerged from the Iran war with its biggest diplomatic boost in decades, positioning itself as a key mediator between the US and Iran.** Prime Minister Shehbaz Sharif...

Pakistan’s mediation in the Iran war has given it unpre The truce, brokered with Qatar’s last-minute help, has
Bloomberg 2 reads

How the US Could ‘Win AI’ But Lose the Tech Race

**The US risks winning the AI race but losing the broader technology competition with China if it focuses solely on artificial intelligence.** Washington’s current strategy—massive...

The US leads China in only 7 of 64 frontier technologie China dominates drone manufacturing at 70-80% of global
Bloomberg 2 reads

Trump’s Fears About Economy Undercut US Leverage in Iran Talks

**President Donald Trump’s admission that he signed an interim peace deal with Iran to avert a global economic collapse has severely undercut US leverage ahead of critical nuclear ...

Trump’s public fear of economic collapse has handed Ira The interim deal grants Iran immediate sanctions relief
Bloomberg 2 reads

Iran Floats ‘Insurance Fees’ and Asserts Control Over Hormuz

**Iran is asserting control over the Strait of Hormuz by demanding ships obtain its permission and mandatory insurance, raising fears of future tolls on the world's most critical e...

Iran is demanding ships obtain its permission and manda The US and Western navies are promoting an alternative
Bloomberg 2 reads

Europe’s Making Fewer Cars and Lots of Them Are Actually Chinese

**Europe’s auto industry is in a deepening crisis, with Chinese manufacturers taking over production on European soil as local giants like Volkswagen, BMW, and Stellantis struggle ...

Chinese automakers are now manufacturing inside Europe, Europe’s auto giants—Volkswagen, BMW, Mercedes, Stellan
Bloomberg 2 reads

Gen-Z Traders Go for Broke in Pursuit of a New American Dream

**A growing cohort of Gen Z traders is embracing high-risk speculation—options, meme stocks, and crypto—as a rational, if desperate, response to soaring living costs, stagnant wage...

Gen Z traders view high-risk speculation as a rational Nearly two-thirds of investors under 35 say they must t
Bloomberg 6 reads

Iran Says Hormuz Closed Again as Talks With US Set to Open

**Iran has re-closed the Strait of Hormuz to shipping, citing Israeli ceasefire violations in Lebanon, even as US-Iran peace talks are set to open in Switzerland.** The move threat...

Iran re-closed the Strait of Hormuz to shipping, citing The closure may be more rhetorical than operational, wi
Bloomberg 6 reads

Ukraine Targets Oil Refinery 2,000 Kilometers Inside Russia

**Ukraine struck an oil refinery 2,000 kilometers inside Russia, marking a dramatic escalation in its campaign to cripple Moscow's energy infrastructure and bring the war home to r...

Ukraine's strike on the Tyumen refinery, 2,000 km insid Russia's crude-processing rates have fallen to their lo
Bloomberg 4 reads

SpaceX IPO Shows There’s No Passive Investing

**The SpaceX IPO shatters the myth of passive investing, proving every index choice is an active decision.** Shares surged 37% from their offering price, but valuation remains spec...

SpaceX's IPO proves all investing is active: index incl Elon Musk's 84% voting control didn't deter record dema
Bloomberg 7 reads

The Airport That Changed Greenland

From the air, the first sign of Greenland is the appearance of a constellation of white swirls and smudges far below, as open sea gives way to Arctic ice. Inside our 76-seat Icelan...

When I track him down, Brandt describes how he refused “He was holding on to that as an opportunity to make so
Bloomberg 6 reads

US-Iran Nuclear Talks Stall as Israel-Hezbollah Clashes Rage On

Fighting between Israel and Hezbollah continued unabated in southern Lebanon, casting fresh uncertainty over planned talks between the US and Iran to permanently end the war in the...

Iran postponed negotiations that were meant to begin in Although Israel and Hezbollah agreed to a ceasefire aft
The Jakarta Post 9 reads

Indonesia strongly condemns mosque attacks in West Bank

Indonesia joined a coalition of Muslim countries on Friday in condemning recent Israeli attacks on mosques in the occupied West Bank, warning that escalating violence in the Palest...

According to multiple reports, settlers entered Jiljily In a joint statement signed by the foreign ministers of