German Drone Startup May See $18b Valuation in Fundraising: FT

May 9, 2026 | Markets

German drone startup Helsing GmbH may see its valuation jump to about $18 billion in a new financing round, up from about $14 billion implied in a fundraising last year, the Financial Times reported on Saturday. Plans for a $1.2 billion funding round are at an...

OPTrust Goes to Court to Recoup $80 Million From Westbank Tower

May 8, 2026 | Markets

Ontario Public Service Employees’ Union Pension Plan put a new residential tower in Vancouver in receivership to recoup C$109 million ($80 million) from developer Westbank Holdings Ltd. It’s a fresh sign of distress in the once-effervescent Canadian real estate...

Goldman Sachs Private Credit Fund’s Share of Bad Loans Rises

May 8, 2026 | Markets, Private Credit

A publicly-traded private credit fund managed by Goldman Sachs Group Inc. put two additional companies on non-accrual status in the first quarter, as the industry grapples with mounting concerns over exposure to businesses vulnerable to AI-driven disruption....

US Consumer Sentiment Falls to Record Low on Inflation Angst

May 8, 2026 | Markets

US consumer sentiment fell in recent weeks to a fresh record low on concerns about the impact of inflation on personal finances and buying conditions. The preliminary May sentiment index decreased to 48.2 from 49.8 in April, according to the University of Michigan....

BlackRock South Korea ETF Sees Record Exodus as AI Stocks Soar

May 7, 2026 | Markets

Investors pulled cash out of a BlackRock exchange-traded fund tracking South Korean equities at the fastest pace on record on Wednesday amid a broad-based rally that has taken the nation’s stock index to all-time highs. The $23 billion iShares MSCI South Korea ETF,...