SpaceX Eyes $25B IPO, Reports Say
SpaceX is reportedly pursuing an IPO in 2026, targeting proceeds of more than $25 billion and a valuation above $1 trillion, according to a source cited by Reuters. The same source said SpaceX has started discussions with banks and the listing could land around June or July 2026. Use-of-proceeds is unusually specific for an IPO […]
Microsoft Announces $19 Billion Investment in Canadian AI Infrastructure
Microsoft Corp. (Nasdaq: MSFT) announced Tuesday it will invest $19 billion in Canada between 2023 and 2027 to expand artificial intelligence and cloud computing infrastructure, marking the tech giant’s largest commitment in the country’s history. The company plans to deploy more than $7.5 billion over the next two years, with new datacenter capacity scheduled to […]
US Beats EU to Brazilian Rare Earth Deal With $465 Million Commitment
The United States secured production rights from a Brazilian rare earth mine, swooping in just days before European Union officials were planning to negotiate for the same supply, the EU’s industry chief said in an interview published Thursday. Stéphane Séjourné, the European Commission’s executive vice president for prosperity and industrial strategy, told Dutch newspaper NRC […]
Seabridge Gold Drills 0.60 g/t Gold Over 719 Metres At Snip North
Seabridge Gold (TSX: SEA) has released further assay results from the 2025 exploration program conducted at their Snip North Deposit, which is part of the Iskut project. Wide intervals of consistent gold and copper mineralization were intersected under the program, further expanding the area defined by mineralization. The strike length at the deposit has now […]
Canacol Energy Secures US$45 Million Under Debtor-In-Possession Financing
Canacol Energy (TSX: CNE) has managed to secure debtor-in-possession financing, following the company making a filing under the Companies Creditors Arrangement Act in late November. The financing comes from an ad hoc group of holders of the firms 5.75% senior secured notes due 2028. The lenders have agreed to provide a US$45 million delayed-draw new-money […]
Congress Unveils $901 Billion Defense Bill Targeting Supply Chain Risks From China
Congress released a defense policy bill Sunday that authorizes roughly $901 billion in national security spending for fiscal 2026, the largest such authorization in US history. The measure addresses growing concerns about US reliance on foreign adversaries for critical military technology, particularly electronic display systems sourced from China and other “covered nations.” The legislation prohibits the […]
Benin Foils Coup Bid as Nigeria and ECOWAS Step In
Security forces loyal to President Patrice Talon suppressed a coup attempt on Sunday, after mutinous soldiers briefly seized the state television station and announced the dissolution of the government, officials said. The rebel faction identified itself as the “Military Committee for Refoundation,” led by Lt. Col. Pascal Tigri. At the government’s request, Nigeria dispatched fighter […]
Congress May Withhold Pentagon Travel Funds Until Boat‑Strike Video Is Released
Congress is considering a measure in the fiscal 2026 National Defense Authorization Act (NDAA) that would withhold a portion of Pentagon travel funds until unedited video of a September 2 boat‑strike operation is turned over to lawmakers. Under the proposal, roughly 25% of the travel budget for Defense Secretary Pete Hegseth’s office would remain frozen […]
Ottawa Plans to Fund Worker Buyouts With Their Own Pension Money
The Canadian government plans to use public servants’ own pension money to fund early retirement buyouts for 68,000 workers, a decision unions are calling “borderline theft.” The $1.5 billion program, announced in letters distributed last week, would allow eligible federal employees to retire early without penalties as Ottawa pursues 40,000 job cuts from a peak […]
Trump Unveils $12B Farmer Aid Funded By Tariffs
President Donald Trump’s $12 billion farm aid package is said to be a “bridge” designed to keep producers liquid through the next season while export demand, especially to China, remains uneven. Trump announced the program at a White House roundtable alongside Agriculture Secretary Brooke Rollins and farm-state lawmakers, with the White House framing the money […]