Moore Threads Stock Slides After Risk Warning Despite 600% Surge Since IPO 
Gulf Sovereign Funds Unite in Paramount–Skydance Bid for Warner Bros Discovery 
Nvidia Develops New Location-Verification Technology for AI Chips 
Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
Westpac Director Peter Nash Avoids Major Investor Backlash Amid ASX Scrutiny 
Rio Tinto Signs Interim Agreement With Yinhawangka Aboriginal Group Over Pilbara Mining Operations 
Azul Airlines Wins Court Approval for $2 Billion Debt Restructuring and New Capital Raise 
Trello Outage Disrupts Users as Access Issues Hit Atlassian’s Work Management Platform 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters 
China Adds Domestic AI Chips to Government Procurement List as U.S. Considers Easing Nvidia Export Curbs 
United Airlines Flight to Tokyo Returns to Dulles After Engine Failure During Takeoff 
Air Transat Reaches Tentative Agreement With Pilots, Avoids Strike and Restores Normal Operations 
Microsoft Unveils Massive Global AI Investments, Prioritizing India’s Rapidly Growing Digital Market 
EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute 
Trump’s Approval of AI Chip Sales to China Triggers Bipartisan National Security Concerns 
Virgin Group Seeks £700M to Challenge Eurostar with Cross-Channel Rail Service
Virgin Group, led by British billionaire Richard Branson, is aiming to raise £700 million ($900 million) to launch a high-speed rail service connecting London with Paris and Brussels, with future expansion to Amsterdam. The move positions Virgin as the first direct competitor to Eurostar in over 30 years, with a potential launch as early as 2029.
The company plans to secure £300 million in equity and £400 million in debt to fund the project, confirming a report by the Financial Times. Virgin will also act as a cornerstone investor while seeking additional partners to support the initiative.
A spokesperson for Virgin stated that the cross-Channel route is "ripe for change" and would benefit from increased competition. However, the company has not yet fully committed to launching the service, pending further investment.
Eurostar welcomed the development, emphasizing the growing demand for high-speed rail travel in Europe.
If successful, Virgin’s high-frequency service could reshape the European rail market, offering travelers more choices and potentially driving down ticket prices.
