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SoftBank Group Secures 21 Additional Banks for $40 Billion OpenAI Loan
SoftBank Group has secured commitments from 21 additional banks to support its $40 billion bridge loan for OpenAI, making it one of the biggest AI financing deals of 2026. The latest reports, published in late July 2026, suggest lenders remain willing to fund large artificial intelligence projects even as borrowing costs stay elevated. The financing…
Should You Apply for Xtranet Technologies IPO? Day 3 GMP and Subscription Analysis
Xtranet Technologies IPO closes today, July 27, 2026, its third and final subscription day. The issue has been subscribed 2.88 times as of Day 3 morning. That’s a sharp jump from 1.07 times on Day 1 and 1.49 times on Day 2. Grey market premium, however, has fallen to just ₹6 per share today. That…
Lohia Corp IPO Today: Issue 59% Subscribed as Grey Market Premium Remains Muted
Lohia Corp IPO subscription reached 0.59 times by the close of Day 2, July 24, 2026. The ₹1,101.28 crore issue saw bidding continue through the final day, July 27. Grey Market Premium stood at just ₹7 today, signaling a modest 1.65% listing gain estimate. Retail investors led demand throughout the bidding period for this mainboard…
Daniel Grollo Bankrupt After Grocon’s $104M Collapse: What Happens Next
Former Grocon CEO Daniel Grollo declared bankrupt after $104M corporate collapse. His Manhattan penthouse forfeited. Settlement with NSW reached in 2024 but insufficient to cover debts.
Japan’s Local Allocation Tax Rises 2.1% in Ibaraki; Three Towns Gain Full Independence
Ibaraki’s local allocation tax rises 2.1% to 176.354 billion yen in 2026, marking eight consecutive years of growth. Three Gunma municipalities achieve financial independence from national funding.
Shigeto Iguchi Named Japan Baseball Manager July 25: First MLB Veteran to Lead Samurai Japan
Shigeto Iguchi, former Lotte manager and MLB veteran, becomes first manager with major league experience to lead Japan’s national baseball team. Aims for 2028 LA Olympics gold medal.
Australia’s New CGT Rules Create $500,000 Tax Trap for Retirees July 25
Australia’s new capital gains tax rules remove the 50% discount and replace it with inflation indexation, creating a $500,000 tax trap for unwary retirees and investors. The change breaks tax parity with dividend income.
Generic Zyrtec Recalled Over Heartburn Drug Contamination July 24
Generic Zyrtec recalled nationwide due to contamination with heartburn drug ranitidine. Four lot numbers affected. No illnesses reported yet. Check your bottles.
S&P/NZX 50 Index Little Changed as Oil Rally Weighs on Market Sentiment
The S&P/NZX 50 Index traded down 0.4% on Friday, July 24, 2026, as surging oil prices pressured sentiment. Despite the pullback, the benchmark remains up 0.4% over the past five trading days. New Zealand’s index has gained 2.6% over the past month and 7.4% over the past year. Brent crude traded near $100.40 a barrel…