The complicated implications of the spectacular ‘Apollo premium’FT · 6h
DWS embraces Deutsche Bank name eight years after distancing itselfFT · 6h
Taiwan Inflation Just Above Alert Level Before Rate DecisionBBG · 6h
European Indexes Edge Lower as Inflation Concerns LoomWSJ · 6h
Bessent’s Yen Bet Is Paying Off—for NowWSJ · 6h
UK Pays Most Since 1998 to Borrow After Gilt SelloffBBG · 6h
German Exports Unexpectedly Decline for First Time Since JanuaryBBG · 8h
The strangely disappointing EM inflowsFT · 9h
Asian Stock Markets Mixed, Investors Await U.S. CPI DataWSJ · 9h
Offshore borrowing in renminbi hits record high of nearly $150bnFT · 10h
RBA Stands Ready to Raise Rates Again if Needed, Hauser SaysBBG · 10h
The cost of being ApolloFT · 10h
Why Japan Inc can brush off interest-rate hikes — and America can’tFT · 10h
‘Apollo premium’ drives up debt costs for group’s portfolio companiesFT · 10h
The $2tn monsterFT · 10h
Anthropic and OpenAI bankers push for top-tier credit ratings post-IPOFT · 10h
The world’s approach to sovereign debt needs to changeFT · 10h
Is the global maritime order breaking down?FT · 10h
Argentina will file criminal case against Falklands oil drillerFT · 11h
China’s Exports Lifted by AI as Trade Surplus Nears $806 BillionBBG · 12h
Yen surges to six-month high as traders stay alert for signs of interventionFT · 13h
The Stock Market’s Breezy Summer Is Over. Investors Beware.WSJ · 13h
Gold Wavers as Traders Weigh Mideast Tensions and Dollar MovesBBG · 15h
Hunter Biden (and His Laptop) Enter the Cryptosphere With New Meme CoinWSJ · 15h
Stocks Fall as Oil Gain Stokes Inflation Worries: Markets WrapBBG · 16h
EverBank to Combine With WaFd to Create $75 Billion BankWSJ · 18h
Robinhood Wins a New Role in the Oura IPO: UnderwriterWSJ · 18h
Pricey oil is laying the groundwork for its own declineFT · 21h
Africa’s richest man seeks to raise $1.6bn in continent’s biggest IPOFT · 21h
Oil closes in on $100 as renewed supply crunch loomsFT · 22h
Tech
Think Your Anonymous Account Is Safe? AI Might Figure Out Who You AreWSJ · 32m
AI Infrastructure Will Cost Trillions MoreWSJ · 1h
Google Cloud, Accenture Launch Unit to Put AI Engineers On-Site With CustomersWSJ · 2h
Innovation is the answer to Britain’s elusive growth problemFT · 3h
Europe plays catch-up in spaceFT · 4h
AI Is Disrupting Software Companies—but Not as Fast as Many FearedWSJ · 5h
Will data centres avoid the curse of the mega-project?FT · 5h
Reading scores plummet as ‘digital distraction’ harms studentsFT · 6h
Terra Drone Bets Supply Chains Key to Drone WarfareWSJ · 7h
Australia proposes opt-out law for social media algorithmsFT · 8h
Mistral AI Exceeds $24 Billion Valuation After Samsung-Led Investment RoundWSJ · 9h
Mistral raises record €3bn as Europe strains to keep pace in AI raceFT · 9h
AI is ushering in an era of mass toe-treading at workFT · 10h
Britain’s grid operator gave Palantir contract without inviting rival bidsFT · 10h
Anthropic and OpenAI bankers push for top-tier credit ratings post-IPOFT · 10h
Can Huawei build China’s answer to ASML?FT · 11h
Belgium’s Arrest of Alleged Chinese Chip-Tech Thief Fuels European Fear of BeijingWSJ · 21h
Belgian-Chinese researcher arrested over suspected theft of chip secretsFT · 22h
Deal Flow
M&A / Strategic
Ken Griffin's Citadel is seeking to buy US shale oil production assets3h
PE-backed Florida-based EverBank Financial will merge with PWN-based WaFd to create a lender with $75B in assets3h
Blackstone is looking to buy the 15.2% stake in $3B-listed Indian shadow lender IIFL Finance from Canada's Fairfax Financial Holdings3h
EQT agreed to acquire a majority stake in UK insurance broker McGill and Partners from Warburg Pincus for $2B3h
Dutch PE firm Waterland plans to make a higher offer for UK telecoms firm Gamma Communications than the $1.4B bid from UK PE firm Epiris3h
Australian developer Ingenia Communities rejected a $1.4B takeover bid from Warburg Pincus despite a 30% premium3h
Hedge fund Toscafund will take-private UK's biggest private hospital operator Spire for over $1.4B3h
Sweden will buy Lockheed Martin's Himars artillery rocket system in a $730M deal3h
LVMH-linked PE firm L Catterton is close to buying a controlling stake in fitness competition brand Hyrox from Switzerland-based Infront Sports & Media at a $700M valuation3h
Angola plans to raise $230M from a 34% stake sale in Standard Bank de Angola previously held by a convicted insurance tycoon3h
Abu Dhabi AI firm G42 is exploring selling a majority stake to American firms to safeguard access to US chips3h
Abu Dhabi's ADNOC is in talks with Thai refiner PTT and African conglomerate Dangote for stakes in their refineries3h
Spanish banking group BCC-Grupo Cooperativo Cajamar ended talks over a potential acquisition of Portuguese bank Banco CTT from CTT - Correios de Portugal3h
Australian energy firm Santos acquired an additional 3.3% stake in the Papua LNG project from France's TotalEnergies for $190M to raise its stake to 21% after TotalEnergies transferred operatorship to ExxonMobil and cut its stake to 20% to focus on other JVs3h
P*rn tycoon David Sullivan raised his stake in UK soccer club West Ham United to 40% despite sex abuse allegations while Czech billionaire Daniel Kretinsky became the biggest shareholder with a 46% stake after acquiring shares from Vanessa Gold3h
Polish anti-drone company Advanced Protection Systems is exploring a sale3h
South Africa's Industrial Development Corp. plans to sell its 10.5% stake in Namibia's Rossing Uranium to cut ties with Iranian and Russian entities3h
Portugal asked Air France-KLM and Lufthansa to submit improved offers for a 49.9% stake in the privatization of flag carrier TAP3h
VC
Google-backed Indian space tech startup Pixxel raised a $100M Series C led by SWF Temasek and Seraphim3h
Nua, a women's wellness brand, raised a $50M Series C led by Peak XV Partners and Filter Capital3h
Gimlet Labs, an applied AI research and product company, raised a $300M Series B at a $3B valuation led by a16z3h
IPOs / Listings / Issuances / Block Trades
Anthropic will launch its $100B IPO in mid-October with Morgan Stanley and Goldman Sachs set to lead the offering3h
China's Moonshot AI is considering raising $5B in a Hong Kong IPO this year3h
Jio Platforms, the telecoms unit of Indian conglomerate Reliance Industries, is set to market its record $4B India IPO this week; the listing could fetch a $150B valuation3h
Nigeria's Dangote Petroleum Refinery and Petrochemicals is seeking to raise $1.6B at a $49B valuation in Africa's biggest IPO ever3h
SHEIN shares are down 19% from their IPO price to become Hong Kong's worst IPO in years after raising $1.75B at a $26.5B valuation3h
KKR-backed South Korean fashion retailer Musinsa plans to IPO at a $7.5B valuation in Korea's biggest IPO in years3h
Blue Owl Capital is seeking to launch a $6.5B-listed data center REIT3h
Swedish smart ring maker Oura Health named Robinhood as an underwriter in its first ever IPO mandate3h
RNA-focused Adarx Pharmaceuticals filed for an IPO3h
Indonesian miner Merdeka Battery Materials is considering a Hong Kong share sale3h
South Africa is seeking to spinoff Eskom Transmission into a fully independent transmission system operator3h
Japanese unicorn chip startup Preferred Networks plans to IPO this decade3h
Debt
China's ByteDance secured a $29.6B loan from 30 banks for its AI push3h
UK AI cloud firm Nscale is seeking to sell $1.5B of convertibles and secure $2B in financing from Nvidia ahead of its $3B US IPO3h
Africa's largest mobile network operator MTN Group is exploring its first international bond sale in a decade to fund its $2.2B buyout of the remaining 30% shares of IHS Towers3h
Chinese University of Hong Kong is seeking a $510M bank loan to refinance a facility supporting its private hospital3h
Blue Owl Technology Finance Corp., the software-focused private credit fund of Blue Owl, raised $150M in a private placement its its third financing since June3h
Bankruptcy / Restructuring / Distressed
A slice of EQT-backed French medical diagnostics firm Cerba Healthcare's revolving credit facility is up for sale as the firm moves toward a court-supervised restructuring to tackle $5.8B in debt3h
Struggling Ukrainian iron ore miner Ferrexpo raised $100M from investors to stave off insolvency3h
Funds / Secondaries
Millennium AUM is nearing $100B amid a $22B fundraising haul3h
Saudi's leading AI firm HUMAIN plans to launch a large $10B VC fund3h
UK venture debt firm Claret Capital raised $670M for its fourth European growth debt fund to back 'less sexy' startups3h
A group of Nordic companies and investors are seeking to create an investment fund to close a funding gap for firms who seek capital outside the region3h
Reforma
Baja 53% homicidio; agosto marca mínimo en 12 añosNacional · 29m
Exhibe PISA fracaso educativo en MéxicoNacional · 3h
Acaparan pensiones 67% de los apoyos socialesPortada · 3h