Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Microsoft-backed Builder.ai collapsed after an internal investigation found evidence of potentially bogus sales and the company revised down revenues to […]
Microsoft-backed Builder.ai collapsed after finding potentially bogus sales Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Telegram leapt to a $540mn profit last year, as the messaging app achieved rapid growth despite the ongoing threat to
Telegram jumps to $540mn profit despite founder facing legal peril Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. CoreWeave borrowed $2bn through the US junk bond market on Wednesday, injecting fresh capital into the artificial intelligence data centre
CoreWeave raises $2bn in junk bond offering Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Builder.ai, one of the UK’s best-funded technology start-ups, is entering insolvency proceedings, weeks after restating its revenues and admitting “problems”
Microsoft-backed UK tech unicorn Builder.ai collapses into insolvency Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. The Bank of London is under scrutiny on two fronts from regulators as its auditor warned that there were “material
Bank of London probed by PRA as EY flags uncertainty over future Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. CoreWeave is preparing to raise about $1.5bn in debt that could be used to refinance part of its massive liabilities
CoreWeave seeks new $1.5bn debt deal after downsized IPO Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sanjeev Gupta is set to call in administrators to place his main commodities trading business into insolvency, marking the final
Sanjeev Gupta’s commodities trading firm to appoint administrators Read More »
CoreWeave is facing nearly $7.5bn in debt repayments by the end of next year, requiring investors in its blockbuster public listing to take a leap of faith in the cloud computing group’s ability to grow fast enough to settle the
CoreWeave tests investor risk appetite with $7.5bn in looming debt repayments Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thames Water has received preliminary equity bids from parties that include one of the US’s biggest infrastructure investors and a
Thames Water’s 6 bidders include Stonepeak and distressed specialist FitzWalter Read More »
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Thames Water has received court approval for a controversial £3bn loan from creditors including the hedge fund Elliott Management, which
Thames Water wins approval for controversial £3bn creditor loan Read More »
