Air France-KLM has signed a €1 billion multi-purpose credit facility with 12 international banks, maturing in June 2028 with a possible one-year extension. This facility aims to refinance existing financial instruments, including those related to potential M&A activities in the latter half of 2026, enhancing the group's financial flexibility. The credit terms reflect strong confidence from banking partners and will not affect the group's debt ratios, which remain aligned with its target leverage of 1.5x to 2.0x. The group plans to continue diversifying funding through bond issuances to manage debt and simplify its balance sheet.
Bitcoin miners are experiencing declining revenue as the network's hash rate and mining difficulty fall, reflecting a shift of miners into AI infrastructure. Despite this stress, miners are accumulating Bitcoin, with reserves increasing by 1%, signal...
Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...
Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...
NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...
Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...
