USBC Partners with Uphold and Vast Bank to Launch the First Retail Tokenized Deposits, Designed to Provide Worldwide Access to U.S. Dollar Deposit Accounts - USBC (AMEX:USBC)

ICICI Bank Ltd. is arranging an offshore syndicated dollar loan of about $1.45 billion, according to people familiar with the matter. It initially signed a roughly $1 billion agreement with Bank of America, then plans to include Mizuho, Mashreqbank and UOB. The four-year loan carries a margin of 110 bps over SOFR, amid RBI swap-facility demand.

General Motors said in an 8-K that it set up a three-year purchasing facility with Procura Auto Parts as purchasing agent and supplier for critical parts. The credit line is $4.5 billion. Procura will pay suppliers, hold inventory, and manage supply-chain risk, while GM reimburses on a schedule. The article cites ongoing chip and materials shortages.

Cargojet reported quarterly revenue of $275.8M and declared a 38.5c per share cash dividend. RBC and BMO agreed to sell Moneris to Francisco Partners for about $2B, expected by end of FY2027 Q1. Barrick reported Q2 profit of $1.22B, revenue $5.29B, and amended Nevada Gold Mines with Newmont. Air Canada will sell 25% of Aeroplan for $2.5B.

NexGen Energy Ltd. began construction on its first uranium mine, the Rook I project, in northern Saskatchewan. The $2.2 billion mine is expected to ramp up over four years to 30 million pounds of uranium annually. NexGen completed a 3,000-foot airstrip and camp, plans to expand the airstrip, and expects a mine shaft in 2027. Construction approval came from Canada’s CNSC on March 5.

Pony AI Inc. (NASDAQ: PONY, HKEX: 2026) and Uber Technologies (NYSE: UBER) said they will expand their partnership to deploy more than 2,000 Pony.ai robotaxis across Europe. The rollout builds on Zagreb and will add four more European cities, with phased details and plans for the Middle East.

The White House said President Trump signed a national security memorandum directing the U.S. Navy to replace electromagnetic aircraft launch systems with steam catapults on Gerald R. Ford-class carriers. The change could require major ship modifications and cost billions, according to the White House. Huntington Ingalls Industries is the primary Ford-class contractor.