Telegram weighs US$2 billion bond sale to refinance 2021 debt

Telegram weighs US billion bond sale to refinance 2021 debt

Published Thu, May 1, 2025 · 01:45 PM [DUBAI/LONDON] Telegram is holding investor meetings about a bond sale worth about US$2 billion as the social media app seeks to refinance its debut debt offering from 2021, according to sources familiar with the situation. The messaging service’s managers are holding discussions on offering the new notes…

Read More

Dave Portnoy again attacks Bill Belichick over CBS interview — questions head coach’s rebuttal statement

Dave Portnoy again attacks Bill Belichick over CBS interview — questions head coach’s rebuttal statement

Dave Portnoy continued his onslaught against Bill Belichick’s bizarre CBS interview featuring girlfriend Jordon Hudson — this time questioning the new University of North Carolina head coach’s rebuttal statement over the much-maligned segment. “The fact that this statement is on the official website of North Carolina is bonkers,” the Barstool Sports founder posted on X…

Read More

Indonesia plans 10 GW nuclear power in major renewable energy push

Indonesia plans 10 GW nuclear power in major renewable energy push

[JAKARTA] Indonesia plans a major expansion in renewable energy by 2040, including the introduction of 10 gigawatts (GW) of nuclear power, and expects contracts to be given in the next five years, a senior aide of President Prabowo Subianto said. That would more than double the current capacity as Indonesia, one of the world’s biggest…

Read More

Bank of Japan keeps rates steady, cuts growth forecasts

Bank of Japan keeps rates steady, cuts growth forecasts

[TOKYO]The Bank of Japan (BOJ) kept interest rates steady and cut its growth forecasts on Thursday (May 1), as uncertainty surrounding US tariffs clouds the outlook for the world’s fourth-largest economy. But the central bank projected inflation would stay roughly on course to hit its 2 per cent target in coming years, a sign that…

Read More

Robinhood tops quarterly profit estimates as volatility fuels trading volumes surge

Robinhood tops quarterly profit estimates as volatility fuels trading volumes surge

[BENGALURU] Retail trading platform Robinhood’s first-quarter profit more than doubled and beat analysts’ estimates on Wednesday (Apr 30), driven by a surge in trading volumes from clients looking to hedge their positions amid choppy markets. The company’s transaction-based revenue, or income generated from fees for facilitating trading in options, cryptocurrency and equities, jumped 77 per…

Read More

Uber Mideast unit delivers gold coins to doorsteps in Dubai

Uber Mideast unit delivers gold coins to doorsteps in Dubai

[DUBAI] Dubai residents can now have 24-carat gold coins delivered to their homes in less than an hour as super app Careem targets millions of Indians in the United Arab Emirates. Dubai-based Careem Technologies, a spin-out from Uber Technologies’ Middle Eastern subsidiary, has launched a campaign that allows users to buy up to 10,000 dirhams…

Read More

Gold retreats on firm dollar, US payrolls data on tap

Gold retreats on firm dollar, US payrolls data on tap

Gold was subdued on Thursday (May 1) on the US dollar’s strength, while investors awaited more clarity on trade policy between the US and its trading partners, and looked forward to the US non-farm payrolls report due this week. Spot gold fell 0.7 per cent to US$3,265.45 an ounce, as at 0022 GMT. US gold…

Read More

Democratic Rep. Hank Johnson suggests Trump is targeting ‘Latinos outside of the Home Depots’ in bizarre riff on Holocaust-era poem 

Democratic Rep. Hank Johnson suggests Trump is targeting ‘Latinos outside of the Home Depots’ in bizarre riff on Holocaust-era poem 

A Democratic House lawmaker, known for his jaw-dropping remarks, repurposed a Holocaust-era poem on Wednesday to argue that the Trump administration is targeting “Latinos outside of the Home Depots.”  Rep. Hank Johnson (D-Ga.), who once worried Guam could sink from overpopulation, subjected lawmakers to his bizarre variation of German theologian Martin Niemöller’s famous “First They…

Read More