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5 stories found

Film FestivalsDEVELOPING

Indigenous Filmmakers at TIFF: Eight Films Backed by ISO and Federal Funding

Eight First Nations films financed with help from the Indigenous Film Office (ISO) and federal and industry backers are premiering at the Toronto International Film Festival. ISO and government representatives cite larger budgets and increased U.S.–Canada collaboration as factors in growing Indigenous visibility at TIFF.

  • Eight First Nations films at TIFF received financing from ISO and federal/industry backers.
  • Named films include Cody Lightning’s Smudge The Blades, Marie Clements’ How We Stand, Turtle Island RAP and In the Heart of the South.
1 sources88% confidence
The Hollywood Reporter Movies
Bond marketsDEVELOPING

Global bond sell-off resumes as oil tops $107 a barrel and yields spike

Investors resumed dumping government bonds after oil rose above $107 a barrel amid concerns over advances by Houthi rebels along the Red Sea. Yields jumped: 10-year UK gilts topped 5.37% and 10-year US Treasuries reached 4.92%.

  • Brent rose above $107 a barrel after reports of Houthi advances along the Red Sea.
  • 10‑year UK gilts topped 5.37%, the highest since 2007.
1 sources91% confidence
The Guardian Business
Infrastructure & SafetyDEVELOPING

Fire at Lake Mariner data center site: alarms absent and hydrants dry during blaze

In early June a fire occurred in an unfinished building at the Lake Mariner data campus in Somerset, New York, during which firefighters found no working alarm, no suppression system and three dry hydrants. TeraWulf says it is responsible for operational safety and has implemented measures after an after-action review.

  • In early June firefighters found no working alarm, no suppression system and three dry hydrants at the unfinished Lake Mariner building.
  • TeraWulf says it is responsible for operational safety and, after an after-action review, installed Knox boxes, additional hydrants and safety-data-sheet go-bags.
1 sources88% confidence
Ars Technica
Public financesDEVELOPING

Chancellor John Healey to portray UK economy as 'turning a corner' and unveil £150m northern fund

Chancellor John Healey will present an upbeat account of the UK economy as 'turning a corner' in a Monday speech and announce a £150m fund for firms in the north of England. The fund, drawn from British Business Bank allocations, will invest between £5m and £15m; Healey's Budget is set for 28 October.

  • Chancellor John Healey will portray the economy as 'turning a corner' and unveil a £150m fund for the north of England.
  • The fund will come from money already allocated to the British Business Bank and invest between £5m and £15m in firms.
1 sources93% confidence
BBC Business
financeDEVELOPING

Bond-market instability: US 10-year yield at 4.8% and global knock-on effects

Over the past fortnight government bond markets in major economies have been volatile, with the US 10-year Treasury yield rising to 4.8%. The move coincides with US government debt topping $40tn, inflation worries after renewed Middle East hostilities, and large borrowing by major AI hyperscalers.

  • US 10-year Treasury yield hit 4.8% on Friday; 30-year yields reached highs not seen since 2008.
  • Total US government debt has passed $40tn, with deficits forecast around 6% of GDP.
1 sources91% confidence
The Guardian Business