news

Wednesday, September 2

World

Energy price surge hits bond markets as European gas reaches three-year highFT · 5m
U.S. Says It’s Fed Up With China’s Overcapacity—and More Countries AgreeWSJ · 14m
Uber to cut 10% of its global workforceFT · 42m
Spain demands answers as police blame Morocco for migrant crisisFT · 55m
OpenAI Lawsuits Mount Over Canadian School ShootingWSJ · 57m
Japan’s borrowing costs hit 30-year high: what does it mean for global markets?FT · 1h
Germany blames Russia for Leipzig drone attackFT · 1h
UK Prime Minister Says Government Will Be ‘Grounded in Fiscal Responsibility’WSJ · 1h
Burnham and Macron to meet as Bayeux Tapestry unveiledFT · 1h
Growth is a life-and-death matter for EuropeFT · 1h
After 286 Days at Sea, 5,000 Sailors on the USS Abraham Lincoln Dock in ThailandWSJ · 1h
Ukraine tells airlines to stop using Russian airspaceFT · 1h
Indonesia’s lessons for the global energy transitionFT · 2h
Chevron pledges $7bn to double its Venezuela oil productionFT · 2h
Germany Blames Russia for Explosive Drones Sent to Leipzig AirportWSJ · 3h
FirstFT: US-Iran hostilities reignite surge in energy pricesFT · 3h
Ford aims for Nato defence deals as it bids to build UK’s new military vehicleFT · 3h
Treasury Yields Hit New Highs as World Leaders Squabble at Fractured G-20WSJ · 3h
How worried should Labour be about holding Keir Starmer’s seat?FT · 4h
Xi’s tour: China’s leader in rare travel flurry ahead of Trump summitFT · 4h
US launches further strikes on Iran as conflict flares upFT · 5h

The United States carried out additional airstrikes against targets in Iran as hostilities between the two nations intensified. The escalation has lifted crude‑oil prices and driven U.S. Treasury yields to their highest levels of the day, prompting market participants to voice concerns about a potential new wave of inflation. Analysts note that the renewed fighting raises the risk of a broader regional conflict, while investors watch the impact on energy markets and interest‑rate expectations.

France’s debt crisis-in-waitingFT · 7h
Germany loses its shine in the EU’s quest for green investmentFT · 8h
Ukraine considers relaxing curfew rules despite Russian attacksFT · 9h
ECB must be prepared to lift interest rates further, says top policymakerFT · 9h
The wheels are coming off the US world orderFT · 9h
Protecting Tower of London views would make skyscrapers unviable, City warnsFT · 9h
EU accelerates plans to break up diplomatic serviceFT · 9h
‘Plan 2’ graduates earning less than £45,000 are unlikely to clear debtsFT · 9h
How UK-Israel relations reached their worst point in decadesFT · 9h
Want to eat like a real Chicagoan? Go to these three neighbourhoodsFT · 9h
The Island Paradise That Is a Secret Hub for Russian Sanctions EvasionWSJ · 12h

The Maldives has emerged as a conduit for Western goods destined for Moscow, facilitating the movement of hundreds of millions of dollars in merchandise despite international sanctions on Russia. The island nation’s role as a secret hub highlights challenges in enforcing sanctions and monitoring trade routes used to bypass restrictions.

G-20 Squabbling Overshadows Summit as Global Bond Markets StrainWSJ · 12h
U.S. and Iran Trade Strikes in Latest Fight for Control of HormuzWSJ · 12h
U.S. and Iran Trade Strikes in Latest Fight for Control of HormuzWSJ · 12h
Apple Updates Maps to Show Lake America to U.S. UsersWSJ · 15h

Apple has revised its Maps application for iPhone users in the United States to label the body of water previously known as Lake Ontario as “Lake America.” The change mirrors a similar update made by Google to its own mapping service. Both adjustments follow an order issued by President Trump directing the renaming of Lake Ontario. Apple’s update reflects the company’s compliance with the presidential directive and aligns its map data with the new nomenclature for U.S. users. The rename appears in the app’s search results and map labels for locations surrounding the lake.

Opinion | Germany Calls Out Putin’s ‘Hybrid’ WarWSJ · 15h

Germany’s interior minister said the recent drone attack on an airport was carried out by Russia, describing it as part of President Vladimir Putin’s “hybrid” warfare strategy. The minister’s remarks linked the incident to broader Russian tactics that blend conventional and unconventional means. The comment reflects Germany’s stance on attributing hostile actions to Moscow. No further details were provided about the attack or any response. German officials said they will continue to monitor the situation and consider appropriate measures.

Opinion | The ‘Segal Issue’ and U.S.-Canada TradeWSJ · 16h
The Thai Town Hosting the USS Abraham Lincoln After a Grueling DeploymentWSJ · 18h
Opinion | Putin Is Testing NATO in a Roundabout WayWSJ · 20h
Opinion | Don’t Rename Lake OntarioWSJ · 21h
The Wartime ‘Coffin Money’ Transforming Russia’s Poorest RegionsWSJ · 21h
Best Car Insurance Companies of 2026WSJ · 22h
Two Tankers Attacked on Midnight Run Through HormuzWSJ · 22h

Business

Investors Still on Edge Over War, Debt and InflationNYT · 10m
FT Wealth: SeptemberFT · 13m
Saturday Evening Post Will Stop Printing After 205 YearsNYT · 15m
Bill Simmons’s Co-Hosts Are Tired of His A.I. AnticsNYT · 18m
Brown-Forman Quarterly Sales Slip on Tequila SlowdownWSJ · 20m
Uber to cut 10% of its global workforceFT · 42m
Chevron to Invest $7 Billion in Venezuela, Doubling ProductionWSJ · 1h
AIG’s Zaffino Stepping Down as Chairman, Joining PalantirWSJ · 1h
OpenAI’s Astra Model Can Hack With Minimal Human HelpWSJ · 1h
Energy & Utilities Roundup: Market TalkWSJ · 1h
Chevron Expansion in Venezuela Extends U.S. Influence Over Oil RichesNYT · 1h
Trucking Crackdown Accelerates in U.S.WSJ · 1h
Ukraine tells airlines to stop using Russian airspaceFT · 1h
The Morning Risk Report: The Island Paradise That Is a Secret Hub for Russian Sanctions EvasionWSJ · 2h
Indonesia’s lessons for the global energy transitionFT · 2h
How Brunswick Is Using AI and Marine Cruise Control to Raise Prices on BoatsWSJ · 2h
Chevron pledges $7bn to double its Venezuela oil productionFT · 2h
Auto & Transport Roundup: Market TalkWSJ · 2h
FirstFT: US-Iran hostilities reignite surge in energy pricesFT · 3h
Ford aims for Nato defence deals as it bids to build UK’s new military vehicleFT · 3h
The best, worst and strangest ways AI is really being used at workFT · 3h
Employer Health Costs Are Expected to Spike in 2027NYT · 3h
Treasury Yields Hit New Highs as World Leaders Squabble at Fractured G-20WSJ · 3h
Soccer Metaphors, Sunday Calls—How Voya’s CEO Guides Her TeamWSJ · 3h
Ryanair Cuts Traffic Target to Reduce Exposure to Unhedged Winter OilWSJ · 3h
Your Nonalcoholic Beer May Actually Have Some Alcohol in ItWSJ · 3h
Elon Musk Wants to Make Power-Turbine Components. It Won’t Be Easy.WSJ · 3h
Global Bond Rates Are Rising. What Should You Do Now?NYT · 4h
FiveThirtyEight’s Podcast Hosts Reunite for a New ShowNYT · 4h
Get to Know Your Phone’s Built-In Emergency KitNYT · 4h
Inside the Fight Against a Flesh-Eating Fly in MexicoNYT · 4h
The Conservative Radio Hosts Dominating the AirwavesWSJ · 4h
The Conservative Radio Hosts Dominating the AirwavesWSJ · 4h
Ryanair warns of higher fares as it cuts winter flightsFT · 4h
BP Names Replacement for Chairman Ousted Over Bullying ConcernsWSJ · 5h
EV batteries last longer than drivers fearedFT · 5h
Volvo Car Sales Slip on China, U.S. WeaknessWSJ · 5h
European Gas at Highest Level Since End of 2022 on U.S.-Iran HostilitiesWSJ · 5h
Bvlgari’s Laura Burdese: ‘We don’t have this anxiety to keep on launching things’FT · 6h
Italian Gaming Group Lottomatica to Merge With Spain’s CirsaWSJ · 6h
BP names new chair as it tries to move on from Albert ManifoldFT · 6h
TPG Files Confidential IPO Application for Malaysia Hospital Assets Valued at Around $8 BillionWSJ · 7h
Germany loses its shine in the EU’s quest for green investmentFT · 8h
Back to school: meet PE’s new headmastersFT · 9h
AI sounds the death knell for audit fee inflationFT · 9h
Maersk to install first wind sail on container shipFT · 9h
Mbappé-backed health start-up expands to west AfricaFT · 9h
German industry pushes to increase working week to 40 hoursFT · 9h
The race to stop AI from designing bioweaponsFT · 9h
Advisory firm Interpath looking for its own US dealFT · 9h
National data centre projects are consolidating America’s AI leadFT · 9h
1873: The year America ditched silver as money and all hell broke looseFT · 9h
Shein finally launched its cut-price IPO. Now comes the hard partFT · 9h
At G20 Meeting, Scott Bessent Accuses China of Flooding the World With Cheap ExportsNYT · 9h
Missouri Voters Appear to Recall City Councilman Over Data Center SupportNYT · 10h
Apple to Give New CEO $3 Million SalaryWSJ · 10h
Apple to Give New CEO $3 Million SalaryWSJ · 10h
Trump Wants Big Oil to Build More Refineries. That’s a Tough Sell.WSJ · 11h
Shein’s Lackluster Debut Shows a Fast-Fashion Model Left BehindNYT · 11h
Volkswagen Fights Chinese Competition—and Its Own Board—in Battle to SurviveWSJ · 12h
The Island Paradise That Is a Secret Hub for Russian Sanctions EvasionWSJ · 12h
Volkswagen Fights Chinese Competition—and Its Own Board—in Battle to SurviveWSJ · 12h
Bond Sell-Off Threatens to Squeeze Borrowers Around the WorldNYT · 12h
Can Evan Spiegel Sell the World on $2,195 Smart Glasses?WSJ · 13h
Alimentation Couche-Tard First-Quarter Profit Gains on Fuel Sales GrowthWSJ · 13h
Tim Cook handed $47mn pay deal as Apple’s executive chairFT · 13h

Apple announced that former chief executive Tim Cook will assume the newly created role of executive chair with a compensation package valued at $47 million. The move is seen as signaling a substantial role for Cook within the company’s leadership. At the same time, Apple’s newly appointed chief executive John Ternus is set to receive a compensation package worth $58 million. Both packages underscore the company’s emphasis on retaining top executives as it navigates its next phase of growth.

China’s real robot revolution is not about humanoidsFT · 14h

China is advancing a “real robot” revolution that emphasizes mass production and robust supply‑chain capabilities rather than the development of humanoid machines. By leveraging its capacity to scale manufacturing and coordinate extensive logistics networks, the country aims to reshape the global robotics industry. This strategy positions China to challenge established players worldwide, focusing on practical, high‑volume robot applications that can be rapidly deployed across various sectors.

A Half-Price Luxury E.V. Comes With a Big AsteriskNYT · 14h

Current incentives have reduced the effective price of the Polestar 4 by roughly fifty percent, prompting analysts to label the deal as a bargain relative to competing luxury EVs. The price cut stems from federal and state tax credits, dealer rebates and promotional financing, which together halve the sticker price. While the vehicle itself receives praise for its solid build and performance, the manufacturer, a Chinese‑owned brand, is confronting regulatory actions that are compelling it to withdraw from the United States market. Industry observers note that the discount may not offset the broader challenges the brand faces in securing a foothold amid heightened scrutiny of Chinese‑owned automotive firms.

Palo Alto Projects Double-Digit Growth as AI Drives Cybersecurity SpendingWSJ · 15h
Music Artists Sue AI Song Generator Suno Over Alleged CopycatsWSJ · 16h
Two More Oil Tankers Are Attacked in the Strait of HormuzNYT · 16h
Dell Technologies Boosts Fiscal Year Outlook by $25 Billion as Server Revenue SurgesWSJ · 16h
The Airline CEO Filling a Spirit-Sized Hole in the MarketWSJ · 18h
David Ellison Is Promising at Least 30 Movies a Year. Hollywood Is Skeptical.WSJ · 19h
What to Know About Venezuelan Energy Following Trump’s Oil DealNYT · 19h
Nestle Inks $1 Billion Deal to Sell Health-Supplements Brands to Private Equity FirmWSJ · 19h
Ozempic Maker Novo Nordisk’s Investors Are Nervously Looking Into the FutureNYT · 19h
How the Pentagon Is Getting Into the Venezuelan Oil Business Under TrumpNYT · 20h
James Dyson Sold Us on a $400 Hair Dryer. Now He’s Trying a $499 Toothbrush.WSJ · 21h
Satsuki Katayama, the Woman at the Center of Japan’s Currency FightNYT · 22h
Finding the Gap in Crowded CategoriesWSJ · 23h

Markets & Economy

Energy price surge hits bond markets as European gas reaches three-year highFT · 5m
Oil Hovers Close to $95 as Middle East Conflict Further Pressures BondsWSJ · 9m
Fed’s Williams Says Inflation Continuing to Trend DownBBG · 12m
India Raises Record $127 Billion in Forex Deposits From DiasporaBBG · 17m
Venezuelan Oil Replenishing US SPR a ‘Pure Fantasy,’ Says Stephen SchorkBBG · 18m
ADP Says US Companies Added 38,000 Jobs in AugustBBG · 20m
College M&A Tool Helps Schools Connect in Brutal Higher Ed EraBBG · 22m
Norwegian Hydro Stocks Hit Record Low, Raising Power Price RisksBBG · 33m
India’s Zerodha Gets Merchant Banking Permit as IPO Market BoomsBBG · 35m
Dutch Central Bank Shifts Gold From US on ‘Geopolitical Unrest’BBG · 44m
US-Iran Clashes Hit Stocks as Oil Rises | Bloomberg Brief 09/02/2026BBG · 49m
US Companies Added 38,000 Jobs in August, ADP Data ShowBBG · 51m
Markets Would React Poorly if Fed Holds Rates: SederBBG · 1h
Japan’s borrowing costs hit 30-year high: what does it mean for global markets?FT · 1h
Venezuela’s New Crop of Oil Barons Step Up the DealmakingBBG · 1h
Apollo’s Slok Sees Iran War, Tariffs Driving US Yields HigherBBG · 1h
Senegal To Rework Debt as It Reaches New IMF DealBBG · 1h
Wren House Is Said to Near Deal for GIC’s Data Center StakeBBG · 1h
Europe Joins Global Bond Selloff as Middle East Hostilities Lift Oil PricesWSJ · 1h
Nvidia Nears $14 Billion Deal to Buy Hugging Face | The Pulse 9/2/2026BBG · 1h
Chevron to Invest $7 Billion to Boost Venezuelan OutputBBG · 1h
Apollo’s Slok Says US Yields Set to Rise on Iran War, TariffsBBG · 1h
Financial Services Roundup: Market TalkWSJ · 1h
Trump Downplays Desire for Iran Deal, Global Bonds Slump | The Opening Trade 9/2/2026BBG · 1h
Energy & Utilities Roundup: Market TalkWSJ · 1h
Basic Materials Roundup: Market TalkWSJ · 2h
G20 Examines Debt Distress in Others, While Ignoring Own ChallengesBBG · 2h
Indonesia’s lessons for the global energy transitionFT · 2h
Logistics Costs and Inflation ConcernsBBG · 2h
Chevron pledges $7bn to double its Venezuela oil productionFT · 2h
SNB Bank Council Leadership Will Change With Ammann AppointedBBG · 2h
Brazil Election: Lula Adviser Shuns Austerity as Investors Seek Spending CutsBBG · 2h
Ghana Inflation Resumes Upswing, Supports Case for Rate HoldBBG · 2h
Broadcom’s AI Success Story Gets ComplicatedWSJ · 2h
South Africa Business Mood Stuck at Level Too Low for InvestmentBBG · 3h
Brazil’s Global Beef Dominance Collides With Tougher EU RuleBBG · 3h
European and UK Bond Selloff Continues as Gas Prices ClimbBBG · 3h
Elon Musk Wants to Make Power-Turbine Components. It Won’t Be Easy.WSJ · 3h
Bundesbank Chief Rejects French Far-Left Plan to Cancel DebtBBG · 3h
US Diesel Hits Highest Since April as Wars Strain SupplyBBG · 4h
Gold at Lowest in Three Weeks as Mideast Tensions Boost Rate-Hike BetsWSJ · 4h
Oil Rises as U.S.-Iran Strikes Dim Hopes for Hormuz ReopeningWSJ · 4h
Euro Falls, Deemed Vulnerable Due to High Energy PricesWSJ · 4h
Stock Market Today: Treasury Selloff Pauses While Global Bonds Still HammeredWSJ · 4h
Modi’s Developed Nation Goal Remains on Track, Top Official SaysBBG · 5h
European Gas at Highest Level Since End of 2022 on U.S.-Iran HostilitiesWSJ · 5h
European Equities Mixed in Muted TradeWSJ · 5h
Germany on Track to Grow by as Much as 1%, Nagel Tells Le MondeBBG · 5h
BP names new chair as it tries to move on from Albert ManifoldFT · 6h
Nagel Signals ECB Will Hike Next Week, Cautious Beyond ThatBBG · 7h
Nordea More Upbeat on Nordic Growth Over Efficiency, Tax BreaksBBG · 7h
France’s debt crisis-in-waitingFT · 7h
So how big *was* Bessent’s yentervention?FT · 8h
Corn Drops Most in Three Weeks as Profit-Taking Hits Grain RallyBBG · 8h
Back to school: meet PE’s new headmastersFT · 9h
Advisory firm Interpath looking for its own US dealFT · 9h
Russia secretly helping Iran develop supersonic missilesFT · 9h
BOJ Board Hawk Takata Keeps Door Open for Outsized Rate HikeBBG · 11h
Japan Vows to Keep Eye on Yen as Inflation Fears RiseWSJ · 11h
BOJ’s Ueda Hints at September Rate Hike as Bets on Move MountBBG · 12h
Bessent Says China Prevented G20 Communique Over Imbalance SpatBBG · 13h
A Guide to Owning Bonds When They Are Selling OffWSJ · 14h
Stocks Steady, Bonds Rise as Oil Halts Advance: Markets WrapBBG · 15h
Opinion | Hurray for the Bond MarketWSJ · 15h
5 of the Top Financial Advisor Companies for Retirees: Well-Known Fiduciary Firms to ConsiderWSJ · 15h
US diesel prices soar as Trump hauls in refinersFT · 15h
U.S. Stocks Fall as Oil, Bond Yields Spike, U.S.-Iran War Heats UpWSJ · 16h
Vanguard, BlackRock ETF Shuffle Lets Foreign Investors Duck US TaxBBG · 16h
Basic Materials Roundup: Market TalkWSJ · 16h
US defends Venezuela deal as Chevron prepares to expand operationsFT · 16h
Bond Yields Around the World Soar in Challenge to Government BorrowingWSJ · 16h
Middle East Conflict Sends Oil Up, Bonds DownWSJ · 17h
Warsh and peaceFT · 17h
Oil Prices Push Global Bond Market Closer to the EdgeWSJ · 17h
Natural Gas Futures Edge DownWSJ · 17h
U.S. Stocks Fall as Oil Surges After New Middle East StrikesWSJ · 18h
Governments should heed the bond market’s warningFT · 19h
IMF agrees $2.2bn bailout for SenegalFT · 19h
Global bond sell-off deepens amid inflation fearsFT · 20h
Politics keeps European stocks in America’s shadowFT · 20h
Opinion | The FHA Protects Taxpayers and HomeownersWSJ · 20h
These Banks Are Banding Together to Launch a StablecoinWSJ · 21h

Tech

Nvidia and CrowdStrike Develop New Cybersecurity AI ModelsWSJ · 21m
Uber to cut 10% of its global workforceFT · 42m
Germany blames Russia for Leipzig drone attackFT · 1h
Health Care Roundup: Market TalkWSJ · 2h
Broadcom’s AI Success Story Gets ComplicatedWSJ · 2h
The best, worst and strangest ways AI is really being used at workFT · 3h
AI sounds the death knell for audit fee inflationFT · 9h
The race to stop AI from designing bioweaponsFT · 9h
National data centre projects are consolidating America’s AI leadFT · 9h
Can Evan Spiegel Sell the World on $2,195 Smart Glasses?WSJ · 13h

Snap Inc. is pressing ahead with a $2,195 smart‑glasses offering even as the company grapples with profitability concerns. CEO Evan Spiegel is doubling down on the hardware initiative, a move that has prompted caution among some investors. The strategy reflects Snap’s broader effort to diversify beyond its core social‑media platform, though the high price tag and uncertain market reception have raised questions about the venture’s financial outlook.

Can Evan Spiegel Sell the World on $2,195 Smart Glasses?WSJ · 13h

Snap Inc. is pressing ahead with a $2,195 smart‑glasses offering even as the company grapples with profitability concerns. CEO Evan Spiegel is doubling down on the hardware initiative, a move that has prompted caution among some investors. The strategy reflects Snap’s broader effort to diversify beyond its core social‑media platform, though the high price tag and uncertain market reception have raised questions about the venture’s financial outlook.

Tim Cook handed $47mn pay deal as Apple’s executive chairFT · 13h

Apple announced that former chief executive Tim Cook will assume the newly created role of executive chair with a compensation package valued at $47 million. The move is seen as signaling a substantial role for Cook within the company’s leadership. At the same time, Apple’s newly appointed chief executive John Ternus is set to receive a compensation package worth $58 million. Both packages underscore the company’s emphasis on retaining top executives as it navigates its next phase of growth.

China’s real robot revolution is not about humanoidsFT · 14h

China is advancing a “real robot” revolution that emphasizes mass production and robust supply‑chain capabilities rather than the development of humanoid machines. By leveraging its capacity to scale manufacturing and coordinate extensive logistics networks, the country aims to reshape the global robotics industry. This strategy positions China to challenge established players worldwide, focusing on practical, high‑volume robot applications that can be rapidly deployed across various sectors.

Opinion | Young Americans and the Flock Camera ControversyWSJ · 14h
Apple Updates Maps to Show Lake America to U.S. UsersWSJ · 15h
Opinion | When AIs Say They’re SentientWSJ · 15h
New Google AI Model Said to Narrow Gap on Coding AbilityWSJ · 16h
New Google AI Model Said to Narrow Gap on Coding AbilityWSJ · 16h
Opinion | Protect the Earth—Build More Data CentersWSJ · 16h
Tech, Media & Telecom Roundup: Market TalkWSJ · 16h
OpenAI to Restrict Astra Model After Rating It ‘Critical’ Cyber RiskWSJ · 16h
Russia secretly helping Iran develop supersonic cruise missilesFT · 17h
The Apple Empire That John Ternus Inherits—by the NumbersWSJ · 17h
The Apple Empire That John Ternus Inherits—by the NumbersWSJ · 17h
AI hits college graduates in the heart of America’s data centre boomFT · 18h
GoPro: a totally normal, unremarkable piece of merger activityFT · 19h
Health Care Roundup: Market TalkWSJ · 20h
America can’t win the AI race if the rollout lacks public supportFT · 21h

The United States risks lagging behind China in the development of artificial intelligence if the technology is viewed by the public as something imposed on them rather than created with their participation. Analysts warn that without broad public support and engagement, the rollout of AI tools could encounter resistance, slowing adoption and innovation. This perception gap may give China an advantage in the global AI race, highlighting the need for more inclusive and transparent development processes.

Outrage Won’t Slow the AI Machine. Cold, Hard Cash Might.WSJ · 21h
Action camera maker GoPro to be acquired after decade-long declineFT · 21h
OpenAI Hits Back at Apple Lawsuit Claiming It Stole Trade SecretsWSJ · 21h
Novartis Pauses Autoimmune Cell Therapy Studies After DeathsWSJ · 22h
How Cloud Pioneer Box Is Evolving With AIWSJ · 23h

Deal Flow

M&A / Strategic

US oil company North American Blue Energy Partners will take over some Venezuela oilfields previously controlled by Chinese and Russian firms2h
Kroenke Sports & Entertainment will acquire MLB team Los Angeles Angels from the Moreno family at a $4B valuation2h
UK retailer Frasers Group plans to raise its stake in $3B-listed Hugo Boss from 48% to above 50% after its recent cash bid fell short of control2h
Veritas Capital will acquire UK industrial heat treatment specialist Bodycote for $2.2B after raising its bid above CVC's2h
HSBC joined a race against Brookfield, Warburg Pincus, EQT, CVC, Permira, Chrys Capital, and General Atlantic for a 54% stake in India's Nuvama Wealth and Investment from Asian PE firm PAG, which could fetch a $1.8B valuation2h
Azerbaijan's state-owned oil firm SOCAR will acquire stakes in Comstock Resources' Haynesville shale assets and related midstream business for $1.65B cash2h
PE firm Epiris agreed to buy UK's Gamma Communications for $1.4B following a months-long takeover saga2h
Yellow Wood Partners will acquire food giant Nestle's mainstream vitamins and supplements business for $1B2h
H.I.G. Capital is exploring a $1B sale of drug manufacturer Rising Pharmaceuticals2h
Yogurt maker Chobani will re-acquire a stake from Keurig Dr Pepper along with a manufacturing facility for $925M2h
$600M-listed Mexican telecoms provider Axtel will allow Flō Networks to compete in bidding against a group led by co-chairman Tomás Milmo Santos for 100% of the firm2h
Student housing operator The Scion Group and Ares bought four student housing communities in the South from Schenk+ for $435M2h
Norwegian oil firm DNO agreed to buy UK's Capricorn Energy for $395M after outbidding rival Genel Energy2h
Starman Optical will acquire GoPro for $285M cash at a 30% premium2h
Shell will take full ownership of Tennessee-based convenience store operator Tri Star Energy from majority owners The Parman Corporation and Kimbro Oil Company2h
UAE developer Binghatti is in talks with a major entity on partnerships worth billions of dollars after it suspended IPO plans2h
French lender SocGen will acquire telecom Altice's 50% stake in OXG, a German fiber JV with Vodafone2h
South African grocer Shoprite acquired the Vida e Caffè coffee chain and a majority stake in telecom vending machine firm R&A Cellular2h
Bombardier will acquire a Canadian factory from supplier Mitsubishi Heavy Industries2h

VC

AI coding startup Cognition is set to raise a $1B round at a $47B valuation2h
Cornerstone Robotics, a Hong Kong–based surgical robotics company, raised a $700M strategic investment from Medtronic2h
Israeli HR software firm HiBob raised a $166M round at an over $3.2B valuation led by Salesforce2h
Felix Pago, a stablecoin remittance company, raised a $200M Series B led by a16z2h
Physical Superintelligence, an AI-native physics lab and virtual physicist platform, raised a $58M seed round led by Breakthrough Energy Ventures2h
AIR, an AI security startup, raised $50M across two seed rounds led by Sequoia and Greenoaks respectively2h
Light, the power company enabling embedded electricity products for businesses, raised a $46M Series A led by Matrix2h
SciFin, a revenue-context startup for sales and RevOps, raised a $44M seed round co-led by Altimeter and Madrona2h
Empirik.ai, an autonomous infrastructure engineering startup, raised a $21M seed round from Sequoia, S32, Canapi Ventures, and Alumni Ventures2h
Stack Health, an alternative to group health insurance startup, raised a $21M seed round led by 8VC2h
Norbert Health, a physical AI control system for healthcare, raised a $14M Series A led by William A. Marino with Cardinal Group2h
Aranya, a company converting bare metal into production-ready GPU clusters, raised $11M across a $2M pre-seed led by Asylum Ventures and a $9M seed led by First Round Capital2h
Frontier Computing, a living brain-cell computing startup, raised a $10M pre-seed round led by General Catalyst2h
Visko, an AI research company pioneering Live Models, raised a $10M pre-seed round led by Llama Ventures2h
Entity, a gaming infrastructure startup, raised a $5.8M seed round from Delta Partners, Elkstone Partners, and others2h

IPOs / Listings / Issuances / Block Trades

Indian auto parts maker Victura Technologies is in talks to raise $300M in an India IPO2h
SoftBank-backed data center firm SB Energy filed for an IPO2h
Philippine fast-food giant Jollibee Foods will change its IPO location for its international unit from US to Hong Kong2h

Debt

South Korea plans to sell a near-record $162B of bonds in 2027 to fund fiscal agenda2h
Saudi Arabia sold $3.25B of dollar bonds2h
AI cloud firm Nscale raised a $3B DDTL led by JPMorgan and Goldman Sachs2h

Bankruptcy / Restructuring / Distressed

Senegal's eurobonds fell after it announced a debt restructuring under a G20 framework and agreed to a $2.2B bailout from IMF2h
A judge ruled FDIC isn't required to return $1.7B to creditors of failed Silicon Valley Bank2h
Global steel giant ArcelorMittal dropped its planned takeover of a JV with struggling Italian car part manufacturer CLN-Coils Lamiere Nastri after Italy imposed restrictions, paving way for a domestic rival to take control2h

Reforma

Cuando el hospital está lejos de casaPortada · 42m
Preocupa a expertos filtro militar a la IEDPortada · 2h
Pide Sheinbaum humildad, y en turismo puro lujoPortada · 2h
Exhibe apagón fragilidad de la CFE en la PenínsulaPortada · 2h
Más impuestos al alcohol, snacks, sopas, enlatados...Portada · 2h
Impiden tormenta en San LázaroPortada · 2h