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CXMT is reportedly preparing a NAND flash research and development production line in Beijing as the newly listed Chinese memory-chip company expands beyond DRAM. Representative image.

CXMT targets NAND flash as $8.6bn IPO gives China’s memory champion room to expand

Morgan Stanley’s North Haven Private Income Fund is working through another oversubscribed repurchase offer as private-credit liquidity demand remains elevated. Representative image.

Morgan Stanley private credit fund again gets withdrawal requests above its 5% limit

OpenAI reportedly expects hundreds of billions of dollars of negative free cash flow as it finances massive computing and data-centre expansion through 2030. Representative image.

OpenAI’s reported $278bn cash burn reveals the financing scale behind frontier AI

Taboola.com Ltd. has agreed to acquire finance-focused advertising technology company Dianomi plc for £19 million in guaranteed cash consideration and up to £27 million including contingent payments. Representative image.

Taboola offers up to £27m for Dianomi as AI reshapes digital advertising

Drax has lifted its 2026 earnings outlook after acquiring Bluefield Solar Income Fund and expanding its UK power portfolio to approximately 6.1GW under management. Representative image.

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Energy Industry News

Drax Group (LSE: DRX) lifts 2026 outlook as £561m Bluefield acquisition reshapes UK power portfolio

Drax expects 2026 adjusted EBITDA near the top of the £680 million to £711 million analyst range after strong summer generation and its acquisition of Bluefield Solar Income Fund, which has expanded capacity under management to approximately 6.1 gigawatts.

September 17, 2026

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