Dronemaker UForce In Talks For Around $5 Billion Value with Valor Equity-Led Financing

Sep 7, 2026 | Markets

Uforce, a London-based drone startup, is in discussions to raise new financing at a valuation of about $5 billion, according to people familiar with the matter. The company is seeking about $500 million led by Valor Equity Partners, the venture firm run...

Blue Owl Slashes Private Loan to Near-Zero Amid Bankruptcy Risk

Sep 5, 2026 | Markets, Private Credit

Inside Blue Owl Capital Inc.’s retail private credit fund, Loparex looked like most other investments at the end of last year. Its highest-priority loans were valued at 100 cents on the dollar, while its second-lien debt was marked a bit below 90. It only took a...

Trump Demands Fed Lower Rates, Reviving Pressure Campaign

Sep 4, 2026 | Markets

President Donald Trump intensified pressure on the Federal Reserve to lower interest rates, threatening to cut off trade with certain economies with which the US has a deficit if the central bank doesn’t act. Trump issued his demands Friday in a lengthy social media...

Radiant World Sent Lender Fake Glencore Deals, Lawsuit Says

Sep 3, 2026 | Markets

Iron ore trader Radiant World used Glencore invoices that had already been paid, supported by fake contracts, in order to raise $31.7 million, a lender alleged in a filing to Singapore’s High Court. The disclosure — in papers filed by Singapore-based Incomlend Pte.,...

Mark Walter’s Insurers Ramped Up Borrowing From Home Loan Bank to $6 Billion

Sep 2, 2026 | Markets, Private Credit

Insurers controlled by billionaire sports mogul Mark Walter, now under scrutiny for loaning more than $20 billion to other parts of his empire, have in recent years increasingly leaned on a source of low-interest financing set up to help US homebuyers. Walter’s two...