SoftBank Group has raised $11.1 billion through dollar- and euro-denominated bonds, marking the largest high-yield corporate bond sale globally. The fundraising comes as the Japanese investment group seeks to finance its major investments in OpenAI and other artificial intelligence ventures, adding to a broader increase in corporate borrowing linked to AI. The company
France is introducing a bonus scheme to encourage consumers to repair their clothes and shoes rather than discarding them. Starting in October, customers will receive discounts ranging from €6 to €25 per repair. Bérangère Couillard, the junior ecology minister, expressed concerns about the 700,000 tonnes of clothing that end up in French landfills annually. The […]

