Latest news with #Overnight
Yahoo
3 days ago
- Business
- Yahoo
Backblaze Secures Credit Line to Strengthen Financial Position
Backblaze, Inc. (NASDAQ:BLZE), a specialist in cloud storage solutions, has disclosed the $20 million senior secured revolving credit facility with Citizens Bank. With a market capitalization of $318.244 million and an impressive 22% revenue growth in the past year, the company's move is directed towards improving liquidity and strengthening growth initiatives. Completed as of March 31, 2025, the launched credit line enhances the company's financial flexibility, which matches the giant's liquidity position, standing at over $50 million in cash and marketable securities. The credit facility offers borrowing capacity at an interest rate that is either associated with the adjusted Secured Overnight Financing Rate (SOFR) and an additional 3.25% margin, or an alternate base rate with a 2.25% margin. While the initial term of the loan is two years, a one-year extension option is also on the table. A data center operator working on a rack of servers, emphasizing the company's cloud services. Management has expressed great optimism about this collaboration with the bank, highlighting that the terms support the company's financial footing while keeping costs relatively low. The deal includes typical terms like financial covenants, standard clauses, and usual fees. Backblaze, Inc. (NASDAQ:BLZE), headquartered in California and founded in 2007, is a storage cloud platform. The core offerings of the company include cloud services, Backblaze B2 Cloud Storage, and Internet of Things. From individuals to organizations, the cloud powerhouse serves a wide clientele. While we acknowledge the potential of BLZE as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: and . Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
The Irish Sun
4 days ago
- Politics
- The Irish Sun
From tactical nuke to 7,600mph missile & 50k-troop assault…6 ways Putin could respond to Ukraine blitz after Trump call
A SEETHING Vladimir Putin is looking to get his revenge on Ukraine after their daring drone blitz - here's how he could do it. The despot could retaliate with one of his terrifying tactical nukes, launch a deadly 7,600mph missile or even order a renewed 50,000 troop assault to 16 A seething Vladimir Putin is looking to get his revenge on Ukraine after their daring drone blitz on the weekend Credit: AP 16 Ukraine destroyed 41 Russian planes across four key airfields but now face Russia's revenge 16 Russia has already responded by killing five civilians in Pryluky, Chernihiv region in overnight strikes Credit: East2West 16 Putin has always shown during his barbaric full-scale invasion that he will go to unthinkable lengths for a victory and to avenge any personal humiliations. The Russian tyrant was dealt a hammer blow to much of his nuclear arsenal over the weekend in the intricately planned assaults codenamed Ukraine launched shock sleeper drones on Russia's bomber fleet stationed at four separate airfields. Putin's read more in Ukraine war Ukraine said the sneak attack was worth $7bn (£5.2bn) in damage to Russia . A fuming Vlad then told Donald Trump in the pair's Overnight, he launched his first retaliatory strikes on several residential regions in Ukraine. The worst saw a Most read in The US Sun Two others were also found dead in Chernihiv with another 17 seriously wounded in Kharkiv. But fears are now growing that the Kremlin leader won't view his deadly drone blitz as enough to push back Ukraine. Clearest vid yet of daring Op Spiderweb shows 35 Ukrainian bomb drones blowing up plane after multimillion dollar plane Sparking serious concerns that the Kremlin may now be planning a much wider and more severe response to Kyiv. The Kremlin gave a chilling response earlier today regarding how they may respond. A spokesperson said: "Russian Federation will respond to the attack on airfields when and in the way that the military deems appropriate." Here are five ways a maniacal Putin could seek revenge on Ukraine. Tactical nukes Ukraine's expertly orchestrated attack on Russia's airbases obliterated many of Putin's nuclear-capable strategic bombers. But due to the Kremlin's vast military capabilities, it only just dented its nuclear force. This means that Vlad still has access to George Beebe, the vice president of US think tank Center for the National Interest says the attack may spark a firm response. 16 Putin has tested out dozens of nuclear capable missiles since the war broke out Credit: AP 16 Satellite images show three new nuclear test facilities constructed at the Nenoksa naval facility in Russia Credit: Google Earth 16 He told "One of the things that they specifically said in there was that if there are attacks by an adversary on an important state or military infrastructure that would disrupt responses, potentially by Russia's nuclear forces. "And that is potentially a trigger for Russian nuclear use." In May, it was also revealed that Russia has New satellite images reveal construction work inside the strictly controlled military site of Nenoksa. Three new facilities - each the size of a football field - can be seen at the centre of the naval testing site. Russia is believed to have over 6,000 nuclear warheads in total spread across the country. These include the Kh-47M2 Dagger, the SSC-X-9 Skyfall and even the super heavy hypersonic missile known as the RS-28 Satan II. Oreshnik blitz One of the most terrifying weapons in the Kremlin's arsenal is their hypersonic Oreshnik missile. The intermediate-range ballistic missile (IRBM) travels at Mach 10 - or 7,600mph - and can strike targets up to 5,000km away. The weapon was used in Dnipro, Ukraine in November 2024, marking its battlefield debut. It was launched after Kyiv used US-made ATACMS missiles on Russian territory for the first time. Back in March, Putin was again urged to unleash the Oreshnik by a Kremlin mouthpiece after suffering a major setback in his invasion. 16 The Oreshnik has been used before in Ukraine with frightening results 16 Video purported to show the strikes above Dnipro in Ukraine Ukraine launched the biggest drone attack on Moscow since the start of Russia's war made up if 337 drones. In response, former Russian deputy defence minister Col-Gen Andrey Kartapolov said it would not be "unreasonable" to launch more than one of the devastating missiles. HUR Chief Kyrylo Budanov said if his officers feared such a powerful weapon was on the brink of being used then he would send out an urgent warning. Despite the concerns of an impending strike, a top intelligence official in Ukraine has said they do not expect a Oreshnik to be launched. Launch the 50,000-troop Kharkiv offensive Russia is summer offensive into Kharkiv, it was reported last week. In April, Ukraine's military claimed the Kremlin was amassing troops to prepare a renewed assault on Ukraine's second largest city. Andrii Pomahaibus, the chief of staff of Ukraine's 13th National Guard Khartiia Brigade, said in May: "The enemy is trying to pull its personnel closer to the line of combat contact and conduct at least some assault actions." Experts fear so he can pull off a major Russian offensive. 16 Kharkiv has been fiercely contested throughout the conflict Credit: Getty 16 Russian soldiers line up during a military parade Credit: Reuters 16 But if Vlad can throw another 50,000 fighters into battle and continue his meatgrinder tactics then it could overwhelm an already depleted Ukraine. Military analysts believe he is trying to gain as much stolen land as possible so he can go to the negotiating table with complete control. They also warn Putin only has a "four-month window" to get a breakthrough in Ukraine this year. And Ukraine's Spiderweb strikes could spark the beginning of a summer offensive targeting the border city of Kharkiv. The region has been fiercely contested throughout the conflict and is known as the "fortress" city after Ukraine put up the maximum resistance to keep hold of it. Increased airstrikes across Ukraine Russia has already launched dozens of airstrikes and drone attacks on Ukrainian towns and cities since he was humiliated on the weekend. He has made use of his impervious weapons throughout the gruelling war and has attempted to throw everything at his enemy. But with Ukraine dealing a major blow to Russia's aircraft in their attack it could cause the despot to unleash even more fury. Dozens of Ukrainian regions have faced countless airstrikes since February 2022 from the capital of Kyiv to the port city of Odesa. Almost every night Russian blasts have been reported by civilians. Mad Vlad may now decide it is the time to step up this already rampant aggression to put Ukraine to the sword. The The Kremlin is also investing in building new launch sites, a source in Ukraine's military intelligence (HUR) revealed. The record number of drones launched by Putin's men currently sits at 472. They also have around 70 strategic bombers at their disposal which could all be used to spread carnage across residential blocks. Ditch peace talks and rule out a future ceasefire The final way that Putin could respond to Ukraine is through a non-lethal yet crippling manner off the battlefield. Russia has a far greater number of weapons and troops meaning the longer the war goes on for the more likely they are to outlast Ukraine, experts believe. Despite Kyiv remaining strong across the past three and a half years, they have relied on international aid from the US, UK and Nato forces to keep them in the fight. These same global partners have also been 16 Previous talks between Russia and Ukraine on May 16 Credit: AFP 16 Despite peace talks constant fighting has carried on in Ukraine Credit: Reuters Led by Trump, Sir Keir Starmer and Emmanuel Macron, a surging amount of pressure is being applied on Putin to negotiate. So far, he has rejected all attempts to have a face-to-face meeting with Volodymyr Zelensky about halting the invasion. Instead, sending a But Putin may now decide to completely pull Russia out of any conversations aiming to end the war. He may use the spiderweb strike as a chance to pull out of negotiations and claim it shows Ukraine doesn't want or deserve peace. This would force Nato and Ukraine's allies to react. This could involve an increased military backing of Kyiv or tougher sanctions being imposed on Moscow. Spies step up sabotage strikes Putin is known to have a team full of shady spies littered across Europe. The latest group are the And warnings are starting to come out of Ukraine about Russia ramping up its recruitment process. Artem Dekhtyarenko, an SBU spokesman, said: "The enemy is trying to recruit Ukrainians by posing as the Security Service of Ukraine." In recent weeks the number of reported recruitment drives has skyrocketed, he added. The genuine SBU has reportedly been actively seeking out these Russian liars to prevent the spread of harmful misinformation. 16 Artem Dekhtyarenko, an SBU spokesman, has warned Russia is using a new spy tactic to infiltrate Ukraine Credit: Facebook 16
Spectator
21-05-2025
- Entertainment
- Spectator
The night has a thousand eyes
From a young age – ten perhaps – the author Dan Richards has had a strained relationship with night-time. Grappling with insomnia, he would take 'the homeopathic approach to [his] waking nightmares', rereading Moominland Midwinter despite its existential terrors. Even now, he writes, he finds it easier to sleep when he is not at home. This has, for better or worse, given him time to think – and lots to think about – while not much else was going on. In the avowed spirit of Auden/Britten's Night Mail, Richards now invites us to follow him across 'an usual threshold at an unusual hour', exploring nocturnal life on the streets of Westminster or on North Sea ferries, meeting wildlife preservationists carving out 'dark corridors' for bats, or investigating the damage done to our 'finely balanced circadian timepieces' by getting just a couple of hours of disturbed sleep. From poorly paid social workers to hand-picked search-and-rescue crews, to Michael Fassbender playing millionaire boy racer, Overnight – to crib from one Night Mail review – creates adventure from things that happen every night of our lives. In this book about 'love, care and service' (with unavoidable pandemic overtones, given its time of writing), some of Richards's subjects live for their work while others are more ambivalent. But all are doing jobs which aren't your normal nine-to-five, often unpaid and rarely – pace Fassbender – with much glamour to them. Richards writes: 'I am moved and comforted to know that people are watching over me during the hours of darkness', or simply doing 'things that need to be done before the rest of us awake'.
The Irish Sun
08-05-2025
- Entertainment
- The Irish Sun
Pep Guardiola and wife Cristina Serra ‘still estranged and will remain so' despite reports they were rekindling marriage
MANCHESTER CITY manager Pep Guardiola and his wife Cristina Serra 'are still estranged' and 'will remain so' unless anything dramatic occurs, reports in Spain say. It was claimed last month the couple were trying to 3 Pep Guardiola and his wife, Cristina Serra, remain estranged following their split Credit: Alamy 3 Things will remain the same unless something dramatic occurs Credit: Getty It was the second time since Barcelona-based newspaper El Nacional said after the second reunion they were prepared to 'give each another chance' and claimed 'all was not lost in their marriage.' But the journalists who broke the story of their shock split last night shot down the chances of a fresh start for Pep and Lorena Vasquez, one of a duo of well-respected Spanish showbiz reporters who call themselves the Mamarazzis, went on a Spanish TV show in February to say they had launched divorce proceedings which were 'amicable' because they were using the same lawyer. READ MORE IN FOOTBALL She also linked the split again to the Overnight, shooting down possibilities of a reunion, Lorena's colleague Laura Fa said on the Mamarrazis podcast: 'It's been speculated recently that there could exist a possibility of a reconciliation because Pep Guardiola had been seen at his house in Barcelona with the woman who is still his wife and their youngest daughter. 'We had already explained that despite separating they would continue to see each other as a family. 'That's why after separating Pep and Cristina went to the theatre with their daughter. Most read in Football CASINO SPECIAL - BEST CASINO BONUSES FROM £10 DEPOSITS 'As the talk of conciliation was so strong we have continued to investigate.' Lorena added: 'A lot of this has come about one of the visits Pep made to Barcelona when a photographer managed to get a photo of him. Pep Guardiola aims sly dig at rivals Man Utd hours after their heroic Europa League comeback 'We were able to confirm Pep Guardiola spent three days in the city and slept for at least two nights in the house in Barcelona he bought with Cristina where their daughter still lives. 'What we know is that the separation is continuing its course and there's no reconciliation and as far as Cristina is concerned there's no attempt at reconciliation. 'She was the one who sparked the split and gave Pep a sort of ultimatum and he could still be trying to come to terms with the situation.' Laura said: 'The house Pep spends time in when he is in Barcelona is still the family home and will be the place he comes to when he returns to the city to see his children or when there are family events here. 'Pep and Cristina continue to have a good relationship. 'We don't have many more details about the couple's intimacy but we can confirm that they are still separated and there is no reconciliation on the horizon. 'The thing is that when there's a good relationship between a couple who have split, it can sometimes cause confusion.' Lorena Vazquez claimed on Spanish TV 'Y Ahora Sonsoles' on Antena 3 channel in February: 'The divorce is being prepared conscientiously and they have left it in the hands of people they really trust. 'What surprises me the most is that both of them have the same lawyer who is arranging the whole thing. 'They want it to be amicable for the sake of their children.' She added: 'As you can imagine money is not going to be an issue and they are now agreeing on the initial terms to make sure this separation is the most cordial possible.' She went on to say, when asked why she thought Pep was still wearing his wedding ring: 'It's surprising he's still wearing his wedding ring and I wouldn't be able to tell you if it's a symbol he wants to carry on wearing as a homage to his marriage or as an open door to reconciliation, because what we're being told is that he would perhaps be more open to that than his wife. 'What I'm also being told is that Cristina is suffering with the fact her name has come to the fore. 3 Guardiola's split from his wife was announced earlier this year Credit: Getty 'She has been a person who has always been in the background who never wanted to be known or recognised as the partner of Pep Guardiola although she is very proud to be married to him. 'But seeing herself in glossy magazines and seeing herself as the object of the tabloid press is something she doesn't like at all. 'But we know they are very happy that the news has finally come out, or rather than happy I would say relieved. 'We had little information when we first came out with the news but we knew it was true, so much so that they themselves have now transmitted the news to all their close friends because initially they wanted to keep information back about the details of the separation. 'They are still keeping that information back but they are confirming to anyone that asks them that they are separated. 'Although they don't like being protagonists in anything, there is certain relief on their part that finally their split has come out, there are no third people involved, and that it's down to Pep's contract renovation with Manchester City that became very burdensome and was also a surprise for Cristina. Cristina insisted she was 'feeling great' in her first comments since news of their split emerged in January as she was She opted for silence when she was subsequently asked by a Spanish reporter about the cause of their break-up and has refused to comment whenever she has been approached since. The couple's eldest daughter Maria opened up on her parents' lessons about love after becoming the first family member to speak since the shock news of their split. The pretty influencer and fashionista said in a Spanish magazine interview published around the same time her dad's break-up with Cristina emerged: 'My parents have always advised me to find what I am passionate about. 'They encourage me to try new things, to accept failure and to keep searching until I find my calling, because when I do, full dedication will come naturally. 'They also remind me that the most important thing in life is to love and be loved.' The 24-year-old London-based beauty went on to tell Vanity Fair Spain: 'In the end it all comes down to feeling loved. 'Even in situations where we feel out of place, they tell me to listen carefully to others, there is always something valuable to learn from each person we meet.'
Zawya
25-03-2025
- Business
- Zawya
Turkey's Wealth Fund borrows $1.19bln without treasury guarantee
Turkey's Wealth Fund (TVF) has secured a syndicated loan totalling 1.1 billion euros ($1.19 billion), it said on Tuesday, borrowing for the first time without a guarantee from the country's treasury. In a statement, the wealth fund said 20 banks from 12 countries were involved in the two-year loan made up of two tranches, of 837 million euros and $285 million. The total cost of the syndicated loan was set at 2% over the equivalent Euribor rate per annum for the euro tranche and 2.25% over the Secured Overnight Financing rate (SOFR) for the U.S. dollar tranche. ($1 = 0.9260 euros) (Reporting by Ebru Tuncay; Editing by Kirsten Donovan)
