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By Saeed Azhar and Matt Tracy NEW YORK, May 4 (Reuters) – Signs of turmoil in private credit are pushing some borrowers to the syndicated loans market, which is proving to be significantly cheaper even as banks press highly leveraged companies to cut debt.  Risky loans are about 200 basis points cheaper in the syndicated market – where banks lead deals – compared to the direct lending market, where non-bank players […]

May 4 (Reuters) – A Russian missile attack on the town of Merefa, in Ukraine’s northeastern Kharkiv region, killed five people and wounded several others, Ukrainian officials said on Monday. Regional governor Oleh Syniehubov said that at least 10 houses, an administrative building, four shops, a car repair workshop and a food establishment were damaged in the attack. “Today during the day, the occupiers attacked civilian infrastructure of a town […]

By Streisand Neto LONDON, May 4 (Reuters) – Artificial Intelligence’s integration into Liberty Media-owned Formula One and its 11 teams has been noticeable on- and off-track in the already highly tech-powered sport. Eight new AI partnerships were signed in the past six months alone, according to research firm Ampere Analysis. Among them, nine-time F1 constructors’ champion Williams are partnering with AI company Anthropic for its Claude model to support team […]

Boston Celtics star Jaylen Brown on Sunday criticized officiating in the team’s first-round loss to Philadelphia and also pointed at 76ers center Joel Embiid for flopping. Brown spoke on the streaming platform Twitch on Sunday, a day after the second-seeded Celtics lost Game 7 at home to the seventh-seeded 76ers in the Eastern Conference playoffs. Boston played without injured star forward Jayson Tatum, but Brown found other reasons for the […]

SEOUL, South Korea (AP) — A North Korean women’s soccer team is scheduled to play at a regional tournament in South Korea later this month, in a rare sports exchange between the war-divided rivals. The South’s Unification Ministry, which handles inter-Korean affairs, said in a statement Monday that the Pyongyang-based Naegohyang Women’s FC is expected to face Suwon FC Women on May 20 in the semifinals of the Asian Football […]

YEREVAN, Armenia (AP) — European leaders on Monday said that U.S. President Donald Trump’s snap decision to pull thousands of U.S. troops out of Germany came as a surprise but is a fresh sign that Europe must take care of its own security. The Pentagon announced last week that it would pull some 5,000 troops out of Germany, but Trump told reporters on Saturday that “we’re going to cut way […]

DUBAI, United Arab Emirates (AP) — The United States on Monday kicked off an effort to “guide” stranded ships from the Iran-gripped Strait of Hormuz, as it tries to counter economic disruptions that outlasted the peak of fighting with no peace deal in sight. A day after U.S. President Donald Trump announced what he called “Project Freedom,” the Joint Maritime Information Center said Monday that the U.S. had set up […]

May 4 (Reuters) – AI chipmaker Cerebras Systems, a rival to Nvidia , is scheduled to kick off its IPO roadshow on Monday, with shares expected to be priced between $115 and $125, a source familiar with the matter told Reuters.  This marks Cerebras’ second attempt to go public after withdrawing a previous IPO filing last October. Cerebras did not immediately respond to Reuters request for a comment. The company […]

By Kane Wu and Yantoultra Ngui HONG KONG/SINGAPORE, May 4 (Reuters) – Chaozhou Three-Circle Group, a Chinese maker of small ceramic components used in phones, cars, data centres and telecom equipment, aims to raise up to $1 billion in a Hong Kong listing, two sources with knowledge of the matter said. The Shenzhen-listed company is awaiting approval from the China Securities Regulatory Commission, with the sources expecting the deal to […]