CoreWeave raises $2.3 billion in debt collateralized by Nvidia chips
By Krystal Hu (Reuters) – Specialized cloud provider CoreWeave has raised $2.3 billion in a debt facility led by Magnetar…
August 3, 2023
Canadian wildfire emissions double previous record as flames rage on
OTTAWA (Reuters) – Forest fires in Canada this year have released 290 million tonnes of carbon, doubling a previous annual…
Bank of England warns rates to stay high as borrowing costs hit 15-year peak
By David Milliken, Andy Bruce and Suban Abdulla LONDON (Reuters) – The Bank of England raised its key interest rate…
South Africa’s recognition of sign language signals new hope for the deaf
By Thando Hlophe JOHANNESBURG (Reuters) – Bongumusa Manana, a 19-year-old deaf student who studies in a township in Johannesburg, sees…
Adidas turnaround gathers pace as Yeezy boosts margins
By Helen Reid LONDON (Reuters) – Adidas delivered further signs that its turnaround is gathering pace on Thursday as the…
US labor market resilient; productivity rebounds in second quarter
By Lucia Mutikani WASHINGTON (Reuters) – The number of Americans filing new claims for unemployment benefits rose slightly last week,…
Explainer-Ukraine: When do attacks on civilian installations amount to war crimes?
By Anthony Deutsch and Stephanie van den Berg THE HAGUE (Reuters) – Russian air strikes this week hit silos and…
Body found in river buoys at Mexico border amid criticism of policy
MEXICO CITY (Reuters) -A body was found stuck in a barrier of buoys installed by Texas authorities in the Rio…
Spirit AeroSystems resumes slide, sinks another 4%
By Valerie Insinna (Reuters) – Spirit AeroSystems shares continued their downward spiral on Thursday, dropping another 4% a day after…
NatWest cuts forecast peak for BoE rates to 5.5% from 6%
LONDON (Reuters) – NatWest Markets cut its forecast for the peak in Bank of England interest rates to 5.5% after…