9-29
Anthropic eyes IPO within weeks, with investors targeting a $2trillion valuation
AI company Anthropic is expected to pursue what investors see as the world’s largest listing within weeks, targeting a $2trillion valuation. The company plans to raise $100billion, surpassing SpaceX’s earlier IPO valuation of $1.77trillion. Second-quarter revenue more than doubled to $11.6billion, a 14-fold jump from the same quarter a year earlier. Nasdaq Private Market estimates its shares at about $80.61 per share.
9-29
9-14
UK pump prices climb to three-year high as Iran conflict pushes petrol to 169.68p and diesel to 191.68p
UK retail petrol and diesel prices rose to a three-year high on Monday as the conflict in Iran continued, with petrol at 169.68p a litre and diesel at 191.68p. Filling a 55litre family car now costs more than £93 for unleaded and over £105 for diesel. The RAC said the latest prices have overtaken Sunday’s war-related peaks, while oil remains above $100 a barrel. It warned diesel could move toward the 199.05p record set in June 2022.
9-14
6-19
Video shows Russian air-defense missile hit Kapotnya oil depot near Moscow, blasting tank roof off
Ukraine launched a large-scale drone attack that heavily damaged the Kapotnya oil depot near Moscow, with on-site video showing a Russian air-defense missile striking a storage tank and triggering an explosion that sent the lid airborne in a huge fireball and black smoke. The depot supplies 40% of Moscow’s fuel and 70% of the surrounding region’s fuel. The incident sparked multiple fires across the capital area, prompted mass flight cancellations and led to heightened security around Red Square. The strike directly damaged key refining infrastructure and disrupted regional supplies of refined products, creating a short-term supply shock for the crude market.
6-19