news

Monday, September 7

World

British voters oppose welfare cuts for disabled people, survey findsFT · 1h
UK competition watchdog seeks to work with MoD to curb bid-riggingFT · 1h
Greenland Seeks to Turn Peril Into Profit After Trump’s Threats to Take It OverWSJ · 1h
Trump calls for US boycott of Canada’s Bombardier jetsFT · 1h
UK set to announce trade ban on Israeli settlements in the West BankFT · 1h
FirstFT: Oil prices near $100 as renewed supply crunch loomsFT · 2h
Opinion | Mamdani Denounces an Indian NonprofitWSJ · 2h
Opinion | What Trump Could Learn From BushWSJ · 2h
Opinion | Europe Hits the Snooze ButtonWSJ · 2h
India’s biggest private sector bank grapples with leadership vacuumFT · 3h
Merz in ‘shock’ as far-right AfD celebrates ‘dream result’FT · 4h
UK ministers to be encouraged to take more legal risks to push through policiesFT · 5h
John Healey seeks to reassure bond markets as fiscal problems growFT · 6h
Germany’s Merz is running out of timeFT · 6h
Iran’s Oil Dollars Are Drying Up—and Plunging It Deeper Into CrisisWSJ · 6h
Pricey oil is laying the groundwork for its own declineFT · 6h
After Far-Right Triumph, Merz Faces Narrow Path to Save His GovernmentWSJ · 6h
Belgium’s Arrest of Alleged Chinese Chip-Tech Thief Fuels European Fear of BeijingWSJ · 7h
Billionaire trader Rokos to leave UK for GreeceFT · 7h
What to do about the UK’s mental health crisisFT · 7h
Primetime — Robert Pattinson is silkily vampiric as a TV paedophile-hunterFT · 8h
Belgian-Chinese researcher arrested over suspected theft of chip secretsFT · 8h
Oil closes in on $100 as renewed supply crunch loomsFT · 8h
Yen surges to six-month high as traders stay alert for signs of interventionFT · 8h
What next for Alternative for Germany after its victory in Saxony-Anhalt?FT · 8h
Republicans fear Trump has turned toxic on the campaign trailFT · 8h
Opinion | Iran’s Approach to Warfare Mirrors the Fabian StrategyWSJ · 9h
Law schools tell students to put AI awayFT · 9h
Top Serbian officials attend funeral of war criminal Ratko MladićFT · 10h
Submit your questions: is Trump losing his touch?FT · 10h
Chinese Company Draws Fire for Laying Off 100 Grads a Month After Hiring ThemWSJ · 10h
‘Chimerica’ is now a chimera — and global stability is the victimFT · 11h
North Korea Says Toppled Warship That Embarrassed Kim Is DeployedWSJ · 11h
Vox rides high in Spain over Ceuta migrant crisisFT · 11h
Next wins ‘landmark’ judgment in UK retail’s multibillion equal pay battleFT · 11h
Eurozone Economy Surged as War Ignited Energy PricesWSJ · 14h
There’s a Legal Fight Brewing at OktoberfestWSJ · 14h
China’s Foreign Exchange Reserves Continue to ClimbWSJ · 14h
After Far-Right Election Breakthrough, Germany’s Merz Faces Painful DilemmaWSJ · 16h
German Industrial Production Contracts on Auto Sector SlowdownWSJ · 17h
Beijing to Inject More Than $50 Billion Into Banks, Insurers to Boost GrowthWSJ · 21h
How Ukrainian Drone Strikes Are Pounding Russia’s EconomyWSJ · 23h

Business

‘Jeopardy!’ Just Hired a New Clue Writer. Could You Do the Job? Take Our Quiz.WSJ · 9m
UK competition watchdog seeks to work with MoD to curb bid-riggingFT · 1h
Amazon Plane Crash Probe Examines Aircraft Speed, Runway SafeguardsWSJ · 1h
India’s biggest private sector bank grapples with leadership vacuumFT · 3h
EverBank to Combine With WaFd to Create $75 Billion BankWSJ · 3h
Opinion | Pablo Torre 1, Mark Cuban 0WSJ · 3h
Robinhood Wins a New Role in the Oura IPO: UnderwriterWSJ · 4h
The Heart Drug Pelacarsen Fails, Shocking Novartis and CardiologistsNYT · 5h
Pricey oil is laying the groundwork for its own declineFT · 6h
Oil Prices Rise After U.S. and Iran Trade StrikesNYT · 6h
Billionaire trader Rokos to leave UK for GreeceFT · 7h
Africa’s richest man seeks to raise $1.6bn in continent’s biggest IPOFT · 7h
WYouth, New Magazine for Teens, Debuts With Justin and Hailey Bieber CoverNYT · 7h
The World Can’t Get Enough of These Japanese SneakersWSJ · 8h
The World Can’t Get Enough of These Japanese SneakersWSJ · 8h
Belgian-Chinese researcher arrested over suspected theft of chip secretsFT · 8h
Oil closes in on $100 as renewed supply crunch loomsFT · 8h
U.S. Gasoline Prices Hit Labor Day RecordWSJ · 8h
Cargo Plane Crashes at Miami Airport, Striking VehiclesNYT · 8h
CCRCs Are Expanding Retirement Home Care to Seniors’ Own HomesNYT · 8h
The Panama Canal’s New Boss Inherits a Drought and a Bidding War for Transit SlotsWSJ · 9h
Opinion | Data Centers: National Necessity or Nuisance?WSJ · 9h
Law schools tell students to put AI awayFT · 9h
‘Go Get Your Kicks’: The Europeans Obsessed With a U.S. HighwayNYT · 10h
Chinese Company Draws Fire for Laying Off 100 Grads a Month After Hiring ThemWSJ · 10h
VW agrees deal to shift plant from cars to air defenceFT · 11h
Volkswagen Factory to Become Defense Plant in Deal With Israel’s AureliusWSJ · 11h
Next wins ‘landmark’ judgment in UK retail’s multibillion equal pay battleFT · 11h
Amazon Cargo Plane Overshoots Runway in Miami, Killing Five PeopleWSJ · 12h
Range Rover Maker to Cut 4,000 Jobs as Trump’s Tariffs BiteWSJ · 12h
Range Rover Maker to Cut 4,000 Jobs as Trump’s Tariffs BiteWSJ · 12h
Deutsche Bank settles €152mn lawsuit with former executiveFT · 12h
US shale pioneer takes fracking to Australia’s remote gas frontierFT · 12h
Energy & Utilities Roundup: Market TalkWSJ · 12h
Tech, Media & Telecom Roundup: Market TalkWSJ · 12h
Shipping through Panama Canal faces new cuts as water dries upFT · 13h
Saudi Aramco oil facilities hit in new strikesFT · 13h
FirstFT: Germany’s far-right AfD surges to first place in state electionsFT · 14h
US voters reel as fuel prices hit Labor Day record highFT · 14h
AI computing demand may never be sated, says CEO of Nvidia partner IrenFT · 14h
How carrots became the answer to Gatorade’s RFK Jr problemFT · 14h
China pumps $54bn into banks and insurersFT · 14h
There’s a Legal Fight Brewing at OktoberfestWSJ · 14h
Hermès Has Big Watchmaking Ambitions. The Cult of the Birkin Is Getting in the Way.WSJ · 14h
Social Media in China Is Getting Really DarkNYT · 15h
Rivian R2 Review: A Tidier (in Size and Price) SUV Is Ready for the SuburbsNYT · 15h
Iran to raise petrol prices as US war triggers shortagesFT · 15h
European Gas Climbs on LNG Supply Concerns Ahead of WinterWSJ · 15h
Indonesia shuts airports as volcano eruptsFT · 15h
Guggenheim unit warned over internal controlsFT · 19h
Modi fails to dull gold’s lustre in IndiaFT · 20h
EssilorLuxottica overhauls management after rift with founder’s sonFT · 20h
Venezuela-US oil deal risks violating local lawFT · 20h

Markets & Economy

Japan’s GDP Growth Revised Higher, Backing BOJ Rate Hike CaseBBG · 12m
Oil Extends Gain, Iran Says Deal With Oman Is CloseBBG · 28m
Yen Gains Past 154 as Rally ExtendsBBG · 32m
Japan’s Wages Grow Most Since 1997, Keeping BOJ on Rate Hike PathBBG · 38m
Gold Steadies as Traders Weigh Mideast Tensions and Dollar MovesBBG · 50m
Colombia Inflation Jumps More Than Forecast to Hit Two-Year HighBBG · 55m
Hunter Biden (and His Laptop) Enter the Cryptosphere With New Meme CoinWSJ · 56m
CapitaLand Targets $500 Million for Third Asian Credit FundBBG · 1h
Latest Oil Market News and Analysis for Sept. 8BBG · 2h
Stocks in Asia Poised to Edge Down, Yen in Focus: Markets WrapBBG · 2h
FirstFT: Oil prices near $100 as renewed supply crunch loomsFT · 2h
Sapporo Breweries CSO on Tariffs, Iran WarBBG · 3h
EverBank to Combine With WaFd to Create $75 Billion BankWSJ · 3h
Robinhood Wins a New Role in the Oura IPO: UnderwriterWSJ · 4h
Why Are Japan’s Bond Yields Rising? What’s Driving the SurgeBBG · 4h
Australia Housing Firm Bathla Collapse: What Happens to Buyers, Their Deposits?BBG · 4h
Pricey oil is laying the groundwork for its own declineFT · 6h
Africa’s richest man seeks to raise $1.6bn in continent’s biggest IPOFT · 7h
High Expectations Leave Stocks Vulnerable: NoviskisBBG · 7h
LME Copper Prices Hit Record on Supply Issues, U.S. Tariff ConcernsWSJ · 7h
France Champagne Output Set to Halve on Heat Waves and DroughtBBG · 7h
Portugal Gets €1.5 Billion EIB Loan to Ease Its Housing CrunchBBG · 8h
Dangote Courts Retail Investors With $4 Entry to Record IPOBBG · 8h
Reliance Plans $1.3 Billion Bond Sale, India’s Biggest This YearBBG · 8h
Oil closes in on $100 as renewed supply crunch loomsFT · 8h
Yen surges to six-month high as traders stay alert for signs of interventionFT · 8h
Mélenchon Fumes at ECB Rate Hikes After Calling for Debt WipeoutBBG · 8h
Cerba Bank Debt for Sale as $5.8 Billion Restructuring ProgressesBBG · 8h
Oil Extends Gains on Middle East Attacks; U.S. Gas Prices at Record High for Labor DayWSJ · 8h
Copper Hits All-Time High Amid Tariff Turmoil, Mine StrugglesBBG · 9h
Canada Set to Hit at Trump Tariffs, Risking Wider Trade WarBBG · 9h
Gold Under Pressure With This Week’s Inflation Data in FocusWSJ · 9h
Chile Copper Shipments Sink to One-Year Low Despite Price RallyBBG · 9h
South Africa’s Economy Seen Ending Longest Growth Run in DecadeBBG · 10h
Iceland Finance Chief Spars With Central Bank Over Price DriversBBG · 10h
Stock Funds Are Up 12.6% for Year So FarWSJ · 10h
Institutional Investors Move Markets. Here’s How to Read Their Signs.WSJ · 10h
Oil Higher on Hormuz Escalation, Weighing on SentimentWSJ · 11h
Health Care Roundup: Market TalkWSJ · 11h
Basic Materials Roundup: Market TalkWSJ · 12h
US shale pioneer takes fracking to Australia’s remote gas frontierFT · 12h
Financial Services Roundup: Market TalkWSJ · 12h
Tech, Media & Telecom Roundup: Market TalkWSJ · 12h
China Central Bank Adds Most Gold Since 2023 Even as Prices JumpBBG · 12h
Sterling Edges Higher After U.K. Treasury Chief SpeechWSJ · 12h
Rise in German Bund Yields Almost Entirely Due to ECB Rate-Hike ProspectsWSJ · 12h
Fed Latest: Warsh’s speech contrasts with New York Fed president’s takeBBG · 13h
Saudi Aramco oil facilities hit in new strikesFT · 13h
Yen Climbs to Six-Month High as Rate Outlooks ShiftWSJ · 13h
Global Reserves Shift From Dollar Overstated, NY Fed Study SaysBBG · 13h
US voters reel as fuel prices hit Labor Day record highFT · 14h
Hermès Has Big Watchmaking Ambitions. The Cult of the Birkin Is Getting in the Way.WSJ · 14h
Young People Are Obsessed With This Simple Retirement-Savings FormulaWSJ · 14h
China’s Foreign Exchange Reserves Continue to ClimbWSJ · 14h
UK Chancellor Healey Vows Fiscal Rigor in First Big SpeechBBG · 15h
Euro-Zone Growth Upgraded After Bumper Quarter for IrelandBBG · 15h
European Chip Stocks Rise, Buoyed By Asian PeersWSJ · 15h
Iran to raise petrol prices as US war triggers shortagesFT · 15h
European Gas Climbs on LNG Supply Concerns Ahead of WinterWSJ · 15h
South Africa Quarterly Farm Exports Surge, US Shipments RiseBBG · 16h
European Stocks Muted as Oil Prices Climb and Novartis FallsBBG · 16h
France’s Lescure Says Vast Effort Needed to Contain Budget GapBBG · 17h
German Industry Output Unexpectedly Drops Most in Almost a YearBBG · 17h
Everything is awesomeFT · 18h
Oil Rises as Escalating U.S.-Iran Conflict Stokes Supply Disruption FearsWSJ · 18h
Could the DMO take the BoE’s long gilts off their hands?FT · 19h
Modi fails to dull gold’s lustre in IndiaFT · 20h
Venezuela-US oil deal risks violating local lawFT · 20h
Why America’s debt binge is starting to matterFT · 20h
Bonds have become bonds againFT · 20h
Tax losses have become a hot property in sports M&AFT · 20h
FNZ: the Credit Suisse spinout haemorrhaging cashFT · 20h
Big US university endowments outperform S&P 500 indexFT · 20h
Russia’s uranium push raises concern over nuclear fuel supplyFT · 20h
ArcelorMittal faces green steel price test at flagship low-carbon plantFT · 20h
Thai Inflation Accelerates More Than Expected to 2.53%BBG · 20h
EM Stocks Jump to Highest Since June as Tech Offsets Higher OilBBG · 20h

Tech

Belgium’s Arrest of Alleged Chinese Chip-Tech Thief Fuels European Fear of BeijingWSJ · 7h
Belgian-Chinese researcher arrested over suspected theft of chip secretsFT · 8h
Law schools tell students to put AI awayFT · 9h
CXMT Highlights Smartphone, AI Advances as Market Share ClimbsWSJ · 14h
AI computing demand may never be sated, says CEO of Nvidia partner IrenFT · 14h
Insilico’s Co-CEO Has Big Hopes That Fibrosis Drug Can Reverse Aging TooWSJ · 15h
Why America’s debt binge is starting to matterFT · 20h
John Ternus’s first test at Apple: selling a $2,000 foldable iPhoneFT · 20h

Deal Flow

M&A / Strategic

Contract manufacturer Flex will acquire power conversion systems maker EPC Power in a $4.4B deal4d
Diversified Energy agreed to acquire Elliott-backed O&G company Birch Resources in a $1.8B deal4d
Samsung Fire and Marine Insurance and Samsung Life ⁠Insurance will acquire 90% of UK reinsurance company Canopius by buying an additional 50% stake for $1.5B from Centerbridge Partners4d
Shell and Chevron signed non-binding agreements for the acquisition of production rights over Ghana's South Deepwater Tano Cape Three Points block4d
TSG Consumer made a strategic investment in iconic NYC taco chain Los Tacos No. 14d
US family holding company Friedkin Group is exploring a stake sale in UK soccer club Everton FC just two years after acquiring the club4d
Thai state-owned O&G firm PTT is considering bringing in strategic partners for for its Taiwan-listed Lotus Pharmaceutical4d

VC

Robotics startup Figure raised an undisclosed investment from AI cloud firm Nscale as part of a $3.5B compute deal4d
Enterprise AI platform Wonderful raised a $550M Series C at a $5B valuation led by Insight Partners4d
Thyme Care, an oncology navigation startup, raised a $125M Series E at a $2B+ valuation led by Morgan Health4d
Immediate, an earned wage access and financial wellness platform, raised a $13M Series B led by BankTech Ventures4d

IPOs / Listings / Issuances / Block Trades

Vietnam's EV taxi firm Green & Smart Mobility is weighing expanding in US ahead of a planned Hong Kong IPO which could fetch a $20B valuation4d
UK AI cloud firm Nscale has $103B of total contracted revenue ahead of its $3B US IPO4d
Swedish smart ring maker Oura Health filed for a US IPO to raise $3B at a $16B valuation4d
Pet food platform Golden Pet Brands hired banks for an IPO that could fetch a $1B valuation4d
Chinese chipmaker Longsys priced its $780M Hong Kong listing below the top end of the marketed range at a 44% discount to its China trading4d
Olympus-backed data center infrastructure firm Accelevation filed for an IPO4d
Crypto exchange Kraken delayed its IPO until Q2 next year4d

Debt

Anthropic is set to expand its revolving credit facility to $15B ahead of its IPO4d
Pakistan raised a record $3B in international high-yield bond markets after securing credit rating upgrades4d
A unit of Indian conglomerate Aditya Birla Group raised $2.5B in commitments from four banks to finance its acquisition of Shell's Indian renewable energy unit Solenergi Power4d
Public Storage is looking to raise $360M in a debut Canadian bond sale4d
Silver Lake and Related Companies-backed luxury gym chain Equinox is in advanced talks with for a cash infusion and refinancing to reduce debt and fund expansion4d

Bankruptcy / Restructuring / Distressed

EQT-backed French medical diagnostics firm Cerba Healthcare filed for a court-supervised restructuring in France to tackle its $5.8B debt pile4d
Air India is close to securing $1.1B in financial aid from owners Tata Sons and Singapore Airlines4d

Funds / Secondaries

CVC raised $10B for its sixth and largest PE secondaries fund4d
Swish Ventures, the VC firm of Israel's first NBA player Omri Casspi, raised $250M for its third fund4d

Reforma

Presume Johnson intercambio de información entre paísesNacional · 34m
Hallan en bodega de Farías armas y documentos clasificadosNacional · 2h
Sube crudo Brent 1.1%, a 97.31 dólaresNegocios · 3h
México no es colonia de nadie, responde CSP a mapa de TrumpPortada · 4h
Detienen a Alcalde y su hermano por extorsión en PueblaPortada · 6h
Pone Trump, ahora, a México y Canadá como parte de EUPortada · 7h
Condona Infonavit, pero sube morosidadPortada · 13h
Alertan de credibilidad en presupuesto 2027Negocios · 13h
Cuesta extorsión $91,800 millonesPortada · 13h
Salvan alianza aérea... pero falta EUPortada · 13h