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AI Debt Issuance Falls 80% as Oracle Loans Trade Below Par

Global AI-related debt issuance fell from $113 billion in June to $23 billion in September, according to Morgan Stanley data reported by Financial Times. The decline coincided with Oracle's approximately $18 billion in Project Jupiter data center loans trading at 89–91 cents on the dollar in Septemb
ORCL4.75%
GateMacroTradfiHub·1h ago
AI Debt Issuance Falls 80% as Oracle Loans Trade Below Par

Russian businesses are switching to the digital ruble with a 0.3% fee

Russian companies are increasingly considering the digital ruble as a way to reduce payment acceptance costs: the commission for such transactions remains around 0.3%, while processing card payments costs businesses 1–3%. Andrey Kokhan, Vice President of PSB, spoke about the advantages of the new form of the national currency at the VIII International Baltic Business Forum “The Universe of Business. Time to Create” in Svetlogorsk on October 9–10. The Digital Ruble as the Third Form of the Nation
GateRussiaCrypto·2h ago
Russian businesses are switching to the digital ruble with a 0.3% fee