news

Thursday, September 3

World

Shein shares sink almost 9% on third day of tradingFT · 8m
How AI forces us to rethink the economyFT · 13m
America’s data centre backlash hits battleground PennsylvaniaFT · 13m
Friedrich Merz sidelined as party fights far-right in regional pollFT · 13m
How free trade can shield us from El NiñoFT · 13m
Where does Charlotte Rampling get her jackets? AutistaFT · 13m
Group linked to Chelsea FC co-owner Todd Boehly donated to Reform UKFT · 14m
Greens leader Zack Polanski to stand in seat vacated by StarmerFT · 31m
Norway seizes Russian state-owned ship over Ukrainian lawsuitFT · 38m
Canada Doesn’t Want to Be the Next VenezuelaWSJ · 43m
Missed flight connections double under EU smart border systemFT · 49m
Germany’s Ifo Institute Revises Up Growth EstimatesWSJ · 1h
PMQs cannot change Burnham’s political realityFT · 1h
Yen jumps as traders bet on Japan interest rate risesFT · 1h
Elliott builds stake in Deutsche Telekom and opposes T-Mobile US mergerFT · 2h
Ireland strives for EU budget breakthrough as December deadline loomsFT · 5h
FirstFT: KPMG warned Guggenheim unit over weak controlsFT · 5h
US sailors roll into Thai resort after nine months at seaFT · 6h
The new rivalry on Wall StreetFT · 6h
Netanyahu pushes to unite far-right vote before Israel electionFT · 6h
‘Exit tax’ on UK entrepreneurs ruled out by business departmentFT · 6h
VodafoneThree to launch debut TV service in challenge to UK rivalsFT · 6h
When is an economist not an economist?FT · 6h
KPMG warned Guggenheim unit over deficiencies in internal controlsFT · 6h
Tehran artists respond to catastrophe — and refuse to surrender to itFT · 6h
The Newer World — Sebastian Barry’s novel of the Black American slave experienceFT · 6h
Cities on screen: 10 takes on ChicagoFT · 6h
Saudi Nuclear Agreement Could Open a Path to 20% EnrichmentWSJ · 6h
Chinese Warships Are Cruising Too Close for Comfort Off Japan’s ShoresWSJ · 9h
Hegseth Extends Mideast Deployments Into 2027, Escalating Strain on TroopsWSJ · 9h
Why Washington’s ‘Economic D-Day’ Against Iran Faces Steep OddsWSJ · 10h
OpenAI Hit With 30 Lawsuits Over Canadian School ShootingWSJ · 11h

New lawsuits have been filed against OpenAI, bringing the total number of cases that question the safety of its products to at least 30. The latest filings are linked to the Tumbler Ridge school shooting in British Columbia, Canada, and were filed by a law firm on behalf of survivors and other plaintiffs. The suits allege that OpenAI executives prioritized the company’s image over safety concerns related to the incident. The litigation adds to earlier claims that the chatbot maker’s technology may have contributed to the mass‑shooting.

Plane Carrying Homeland Security Chief Markwayne Mullin Makes Emergency LandingWSJ · 12h
Opinion | The Fight to Get the U.N. Out of LebanonWSJ · 12h
Opinion | Defunding the U.S. MilitaryWSJ · 12h
Opinion | What Is Canada, Other Than the Un-America?WSJ · 13h
Opinion | Iran Regime Change Returns—AgainWSJ · 13h
Winter Is Approaching and Europe Is Running Low on Natural GasWSJ · 15h
After 286 Days at Sea, 5,000 Sailors on the USS Abraham Lincoln Get a Break in ThailandWSJ · 15h
After 286 Days at Sea, 5,000 Sailors on the USS Abraham Lincoln Get a Break in ThailandWSJ · 15h
Russia Is Testing NATO’s Ability to Hold Back From a Hot WarWSJ · 16h
Gunfight in Kyiv Deepens Feud Between Ukraine’s Powerful Spy AgenciesWSJ · 16h
China’s Xi Bolsters Mideast Ties With Egypt Visit Ahead of Planned U.S. TripWSJ · 17h
Opinion | The Navy’s Overstretched Carrier FleetWSJ · 17h
Himalayan Disaster Tests China’s Clout as Regional LeaderWSJ · 17h
In Daylight Raid Backed by Drones, Israel Seizes Senior Hamas MilitantWSJ · 19h
Opinion | Trump’s Policy on Venezuela Could Entrench an OligarchyWSJ · 19h
Best High-Yield Savings Accounts for September 2026: Up to 4.50%WSJ · 20h
U.S. Says It’s Fed Up With China’s Overcapacity—and More Countries AgreeWSJ · 21h

The United States said it is “fed up” with China’s overcapacity, and a G‑20 statement echoed that criticism by implicitly targeting Beijing’s reliance on exports for growth. The wording, which signals broader international concern, marks a new stage of pressure on China from multiple countries. The statement reflects a growing consensus among major economies that Chinese export‑driven expansion is unsustainable and warrants coordinated scrutiny. No further details on specific actions or agreements were provided.

UK Prime Minister Says Government Will Be ‘Grounded in Fiscal Responsibility’WSJ · 22h

Business

Shein shares sink almost 9% on third day of tradingFT · 8m
Luxury gym Equinox in refinancing talks to shred debt and bulk up cashFT · 13m
America’s data centre backlash hits battleground PennsylvaniaFT · 13m
How free trade can shield us from El NiñoFT · 13m
Soitec Shares Jump After Guidance Upgrade on Strong AI DemandWSJ · 19m
Longer Middle East Deployments Strain U.S. Forces as Iran Conflict Drags OnWSJ · 31m
Norway seizes Russian state-owned ship over Ukrainian lawsuitFT · 38m
Boeing’s $8.4 Billion Deal Is Bleeding Red InkWSJ · 43m
Missed flight connections double under EU smart border systemFT · 49m
Which Investors Will Get Rich From Anthropic’s IPO?NYT · 1h
Why the Courts Struggle to Tame Big TechNYT · 1h
Nobody likes data centres and chips, chips, chipsFT · 1h
Everton owners seek new investors less than two years after buying clubFT · 1h
Elliott builds stake in Deutsche Telekom and opposes T-Mobile US mergerFT · 2h
Crest Nicholson shares tumble as homebuilder warns of lossFT · 2h
Impala Platinum Profit Surges on Higher Precious-Metal PricesWSJ · 4h
FirstFT: KPMG warned Guggenheim unit over weak controlsFT · 5h
Accelerating BusinessFT · 6h
Trump Puts Tariffs of Up to 100% on Foreign-Made DronesNYT · 6h
The new rivalry on Wall StreetFT · 6h
VodafoneThree to launch debut TV service in challenge to UK rivalsFT · 6h
How AI can put out its PR dumpster fireFT · 6h
KPMG warned Guggenheim unit over deficiencies in internal controlsFT · 6h
For sweltering Britons, rising energy prices could spark a shutter boomFT · 6h
Europe’s seven fantasy M&A dealsFT · 6h
The mysterious billionaire and Cuba’s cigar industryFT · 6h
VW, Amazon and others name blacklisted groups among potential suppliersFT · 6h
The port that built Dubai: war exposes a dangerous dependenceFT · 6h
‘It’s a total game-changer’: AI enters the householdFT · 6h
Uber aligns with driver unions in push to slow robotaxi rolloutFT · 6h
Saudi Nuclear Agreement Could Open a Path to 20% EnrichmentWSJ · 6h
Law firms seek bespoke differences in legal AIFT · 6h
Why Trump’s Venezuela Oil Grab Is No Quick Fix for Gas PricesWSJ · 8h
The Hunt for AI-Proof Assets Is Leading Investors to Sports, Casinos and TravelWSJ · 8h
Ryanair warns of higher fares as it cuts winter flightsFT · 8h
Inside the Fight Against a Flesh-Eating Fly in MexicoNYT · 8h
Uber, Wayve Bring Robotaxis to LondonWSJ · 10h
Judge Sharply Questions New York City Landlords on Rent-Freeze ChallengeWSJ · 10h
Five Below Raises Outlook as Sales Gain on Trendy ProductsWSJ · 11h
Uber and Wayve to Start Testing Robotaxis in LondonNYT · 11h
Ford’s $30,000 EV Truck Sets Ambitious Goal: 100,000 Sales in Year OneWSJ · 11h
Ford’s $30,000 EV Truck Sets Ambitious Goal: 100,000 Sales in Year OneWSJ · 11h
Broadcom Third-Quarter Profit Soars on Growing Custom Chip DemandWSJ · 11h
Mac-and-Cheese Disruptor Goodles to Be Acquired by BarillaWSJ · 11h
PVH Second-Quarter Revenue Falls on Pressure From Iran WarWSJ · 12h
Plane Carrying Homeland Security Chief Markwayne Mullin Makes Emergency LandingWSJ · 12h
Energy & Utilities Roundup: Market TalkWSJ · 13h
HPE Boosts Outlook as AI Demand Drives Surge in Third-Quarter ProfitWSJ · 13h
Investors Still on Edge Over War, Debt and InflationNYT · 13h
Google Avoids Breakup of Dominant Ad BusinessWSJ · 13h
Southwest to Open Premium Airport Lounges Across the CountryNYT · 14h
Thoma Bravo-Owned Proofpoint in Advanced Talks to Buy VaronisWSJ · 14h
U.S. Government Backs OpenAI in Copyright Fight With PublishersWSJ · 15h
Trump’s Tactics to Lower Beef Prices and Appease Ranchers Fall ShortNYT · 15h
Chevron to Invest $7 Billion in Venezuela, Doubling ProductionWSJ · 15h
FiveThirtyEight’s Podcast Hosts Reunite for a New ShowNYT · 16h
Uber’s $15 Billion Takeover Bid Gets Delivery Hero Board BackingWSJ · 17h
Two More Oil Tankers Are Attacked in the Strait of HormuzNYT · 17h
Aurora Cannabis Rejects Curaleaf Offer as InadequateWSJ · 17h
Chevron Expansion in Venezuela Extends U.S. Influence Over Oil RichesNYT · 17h
Employer Health Costs Are Expected to Spike in 2027NYT · 18h
U.S. Crude Oil Stockpiles See Larger-Than-Expected DropWSJ · 18h
Global Bond Rates Are Rising. What Should You Do Now?NYT · 18h
Japan Activation Capital Pushing Companies to Take Risks, From WithinWSJ · 19h
Opinion | Aluminum Tariffs Harm U.S. ManufacturersWSJ · 19h
Opinion | Trump’s Policy on Venezuela Could Entrench an OligarchyWSJ · 19h
Advent International Looking for More Australia, New Zealand Healthcare OpportunitiesWSJ · 20h
Southwest Airlines Jumps Into the Airport Lounge CompetitionWSJ · 20h
Southwest Airlines Jumps Into the Airport Lounge CompetitionWSJ · 20h
How to Spend Six Years Inventing a $499 Toothbrush With ‘No Idea’ of the MarketWSJ · 20h
Brown-Forman Quarterly Sales Slip on Tequila SlowdownWSJ · 20h
Saturday Evening Post Will Stop Printing After 205 YearsNYT · 21h
Bill Simmons’s Co-Hosts Are Tired of His A.I. AnticsNYT · 21h
AIG’s Zaffino Stepping Down as Chairman, Joining PalantirWSJ · 22h
OpenAI’s Astra Model Can Hack With Minimal Human HelpWSJ · 22h
Trucking Crackdown Accelerates in U.S.WSJ · 23h
The Morning Risk Report: The Island Paradise That Is a Secret Hub for Russian Sanctions EvasionWSJ · 23h
How Brunswick Is Using AI and Marine Cruise Control to Raise Prices on BoatsWSJ · 23h
AI Startup Wonderful Hits $5 Billion Valuation, Plans 1,000-Strong TeamWSJ · 23h
Blackstone Backs Cybersecurity Startup Huskeys to Fight Unwanted AI TrafficWSJ · 23h

Markets & Economy

Shein shares sink almost 9% on third day of tradingFT · 8m
Luxury gym Equinox in refinancing talks to shred debt and bulk up cashFT · 13m
How AI forces us to rethink the economyFT · 13m
US Jobs Report Could Offer Clues on Workforce Participation DropBBG · 13m
Boeing’s $8.4 Billion Deal Is Bleeding Red InkWSJ · 43m
BOJ Accounts Suggest No Major Yen Intervention on WednesdayBBG · 47m
Barclays’ Cau Sees Case for Reducing Risk as September UnfoldsBBG · 49m
Dollar’s Drop Helped by Sharp Yen GainsWSJ · 1h
Germany's Blessing on Economy, Banking Consolidation, Energy PricesBBG · 1h
Pakistan Taps Global Markets to Cut Reliance on Bilateral LoansBBG · 1h
Yen jumps as traders bet on Japan interest rate risesFT · 1h
Investors Skeptical on Bessent Put, Morgan Stanley's Sheets SaysBBG · 1h
Bond Selloff Pauses, Stocks Tread Water as Traders Watch for Yen InterventionWSJ · 1h
Swiss Inflation Jumps on Higher Energy PricesWSJ · 1h
Global Bond Retreat Slows as High Yields Tempt InvestorsBBG · 1h
Global Bond Markets Take a BreatherWSJ · 1h
Japanese Yen Strengthens Amid Intervention ChatterWSJ · 1h
BOJ Is Said to Be Leaning Toward a Quarter-Point HikeBBG · 1h
What's Behind the Big Surge in US Government Bond YieldsBBG · 2h
Hungary Central Bank Files Police Report on Overpriced PropertyBBG · 2h
Two Key Reasons Yen Is Suddenly Surging: 3-Minutes MLIVBBG · 2h
Why Bond Yields Surging Around the World (UST)BBG · 2h
Odd Lots: Darrell Duffie on the Surge in Bond Yields (Podcast)BBG · 2h
Why does it even matter if SoftBank’s an investment holding company?FT · 2h
Schroders Buys 10-Year Treasuries Citing Attractive YieldsBBG · 2h
Stock Market Today: Treasury Yields Steady, Yen JumpsWSJ · 2h
BOJ Is Said to Favor Quarter-Point Hike, Flexible on Future PathBBG · 2h
Oil Prices Slip Despite Rising Risks From Prolonged U.S.-Iran WarWSJ · 2h
Gold Prices Could Decline; Focus on U.S. Jobs DataWSJ · 2h
European Indexes Little Moved in Early TradeWSJ · 2h
European Stocks Advance as Elliott Stake Lifts Deutsche TelekomBBG · 2h
Turkey Prices Cool Further in August, Raising Rate-Cut ProspectBBG · 3h
Malaysia Holds Key Rate and Signals Hawkish Pivot; Swaps ClimbBBG · 3h
Swiss Inflation Rate Jumps to the Highest Level in Two YearsBBG · 3h
Russians See New Allure in Cash as War Hits Closer to HomeBBG · 3h
Merz to Meet ECB Officials Before Berlin Rate Meeting Next WeekBBG · 4h
More on the 60/40 portfolioFT · 4h
A $5 Billion Bond Revamp Starts Clock on Senegal DefaultBBG · 5h
The new rivalry on Wall StreetFT · 6h
Gold’s run isn’t yet doneFT · 6h
KPMG warned Guggenheim unit over deficiencies in internal controlsFT · 6h
VW, Amazon and others name blacklisted groups among potential suppliersFT · 6h
Danske Sees Highest Danish GDP Growth Since 2021 on Novo BoostBBG · 6h
Thailand Must Double Per-Capita Growth to Reach Rich Goal, World Bank SaysBBG · 6h
One in Three Firms Backed by UK Covid Fund Are Now InsolventBBG · 6h
Dry Bulk Shipping Rates Surge on Tight Capesize Vessel SupplyBBG · 6h
Yen Rallies as Intervention Risk Weighs on Minds of Wary TradersBBG · 7h
Vietnam Trade Gap Narrows to $113 Million; Inflation FasterBBG · 8h
Fitch Sees Thai Risks Easing Ahead of Rating Review, Citing Political StabilityBBG · 8h
The Hunt for AI-Proof Assets Is Leading Investors to Sports, Casinos and TravelWSJ · 8h
China’s Services Gauge Tops Forecasts With Surprise ReboundBBG · 8h
Pakistan Sells Record $3 Billion of Bonds After UpgradesBBG · 9h
There Are Four Forces Pressuring Bonds: War Is No. 1WSJ · 9h
Gold Rises as Traders Weigh Yen Intervention Risk, Iran ConflictBBG · 10h
Stocks Steady as Bond Yields Stabilize; Yen Gains: Markets WrapBBG · 12h
Latest Oil Market News and Analysis for Sept. 3BBG · 12h
The WSJ Dollar Index Falls 0.21% to 95.70WSJ · 12h
Basic Materials Roundup: Market TalkWSJ · 13h
Auto & Transport Roundup: Market TalkWSJ · 13h
Energy & Utilities Roundup: Market TalkWSJ · 13h
Chevron to double Venezuela oil production with $7bn pledgeFT · 13h
U.S. Stocks Rise as Oil Gains on Iran EscalationWSJ · 13h
JPMorgan curbed lending to Jane Street as trading firm muscled into bondsFT · 13h
Founder of Private-Company Investment Firm Charged With Defrauding InvestorsWSJ · 13h
Stocks Rise As Middle East Tensions FrayWSJ · 14h
Canada Blew Up Trade Deal at Last Minute, Lutnick SaysBBG · 14h
Elliott Builds Deutsche Telekom Stake, Opposes T-Mobile DealBBG · 14h
U.S. Natural Gas Futures Rise Ahead of Storage DataWSJ · 14h
Fed Beige Book Shows Modest Growth, Mixed SentimentBBG · 15h
Winter Is Approaching and Europe Is Running Low on Natural GasWSJ · 15h
Fed’s Beige Book Shows Economic Activity Up ModestlyBBG · 15h
Highlights From the Messy Divorce Trial of a Hedge-Fund TitanWSJ · 16h
Dutch central bank moves gold bars out of New York over ‘geopolitical unrest’FT · 16h
The wrong way to revive Venezuela’s economyFT · 16h
Energy price surge hits bond markets as European gas reaches three-year highFT · 17h
BP gets the chair it wants rather than the one it neededFT · 17h
AI spots cyber gaps faster than financial firms can fix themFT · 17h
In Surprise Twist, California Lawmakers Fail to Pass Watered-Down Wildfire BillWSJ · 18h
Healey Bind Deepens as Markets Chip Away at UK Fiscal BufferBBG · 18h
Borrowing Isn’t the Bond Market’s Only Concern—Growth Is TooWSJ · 18h
Burnham tries to calm bond markets as public spending fears mountFT · 19h
A vital tenet of US equity markets is under threatFT · 19h
Investor David Booth on Life, Stocks and (Not) Trying to Beat the MarketWSJ · 20h
What Japan’s bond sell-off means for global marketsFT · 22h
Indonesia’s lessons for the global energy transitionFT · 23h
Broadcom’s AI Success Story Gets ComplicatedWSJ · 23h

Tech

How AI forces us to rethink the economyFT · 13m
America’s data centre backlash hits battleground PennsylvaniaFT · 13m
When AI Is Your Second TransformationWSJ · 22m
Nothing Makes Humans Happier Right Now Than Watching Robots FailWSJ · 43m
Nobody likes data centres and chips, chips, chipsFT · 1h
Accelerating BusinessFT · 6h
VodafoneThree to launch debut TV service in challenge to UK rivalsFT · 6h
How AI can put out its PR dumpster fireFT · 6h
‘It’s a total game-changer’: AI enters the householdFT · 6h
Uber aligns with driver unions in push to slow robotaxi rolloutFT · 6h
Law firms seek bespoke differences in legal AIFT · 6h
The Hunt for AI-Proof Assets Is Leading Investors to Sports, Casinos and TravelWSJ · 8h
Tech CEOs, Trump Administration Ask G-20 to Adopt Pro-AI PoliciesWSJ · 12h
Microsoft to Change Reporting Structure to Reflect Effects of AIWSJ · 12h
Health Care Roundup: Market TalkWSJ · 13h
Google Avoids Breakup of Dominant Ad BusinessWSJ · 13h
Google spared break-up of online advertising monopolyFT · 14h
Thoma Bravo-Owned Proofpoint in Advanced Talks to Buy VaronisWSJ · 14h
Students and opposition activists targeted with spyware in SerbiaFT · 15h
U.S. Government Backs OpenAI in Copyright Fight With PublishersWSJ · 15h
Trump administration backs OpenAI in New York Times copyright battleFT · 15h
Time is running out for the leap secondFT · 16h
New York City Temporarily Bans AI in Classrooms Through Middle SchoolWSJ · 16h
AI spots cyber gaps faster than financial firms can fix themFT · 17h
Uber to axe 10% of its workforce in biggest cuts since pandemicFT · 18h

Uber announced plans to reduce its global workforce by roughly 10%, eliminating about 3,300 positions. The company said the cuts are part of a major restructuring aimed at flattening management layers as competition intensifies in the food‑delivery market and the emerging robotaxi sector. Uber’s move follows similar actions by other tech firms seeking to streamline operations amid heightened rivalry and evolving transportation technologies. The layoffs will affect employees worldwide, though specific timelines and departmental impacts were not detailed.

Ukraine tells airlines to stop using Russian airspaceFT · 20h

Ukrainian President Volodymyr Zelenskyy warned that “safe days in Russia’s skies are over” and urged airlines to stop using Russian airspace. He said the move reflects an intensification of Ukrainian drone operations against Russia and signalled the possibility of additional drone strikes. Zelenskyy also told the International Civil Aviation Organization that Russian airspace is unsafe for civil aviation, calling on carriers to avoid it. The statements were reported by multiple outlets, including the BBC, CNBC, Al Jazeera and others.

Nvidia and CrowdStrike Develop New Cybersecurity AI ModelsWSJ · 21h
Germany blames Russia for Leipzig drone attackFT · 22h
AI Startup Wonderful Hits $5 Billion Valuation, Plans 1,000-Strong TeamWSJ · 23h
Broadcom’s AI Success Story Gets ComplicatedWSJ · 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 firms23h
Kroenke Sports & Entertainment will acquire MLB team Los Angeles Angels from the Moreno family at a $4B valuation23h
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 control23h
Veritas Capital will acquire UK industrial heat treatment specialist Bodycote for $2.2B after raising its bid above CVC's23h
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 valuation23h
Azerbaijan's state-owned oil firm SOCAR will acquire stakes in Comstock Resources' Haynesville shale assets and related midstream business for $1.65B cash23h
PE firm Epiris agreed to buy UK's Gamma Communications for $1.4B following a months-long takeover saga23h
Yellow Wood Partners will acquire food giant Nestle's mainstream vitamins and supplements business for $1B23h
H.I.G. Capital is exploring a $1B sale of drug manufacturer Rising Pharmaceuticals23h
Yogurt maker Chobani will re-acquire a stake from Keurig Dr Pepper along with a manufacturing facility for $925M23h
$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 firm23h
Student housing operator The Scion Group and Ares bought four student housing communities in the South from Schenk+ for $435M23h
Norwegian oil firm DNO agreed to buy UK's Capricorn Energy for $395M after outbidding rival Genel Energy23h
Starman Optical will acquire GoPro for $285M cash at a 30% premium23h
Shell will take full ownership of Tennessee-based convenience store operator Tri Star Energy from majority owners The Parman Corporation and Kimbro Oil Company23h
UAE developer Binghatti is in talks with a major entity on partnerships worth billions of dollars after it suspended IPO plans23h
French lender SocGen will acquire telecom Altice's 50% stake in OXG, a German fiber JV with Vodafone23h
South African grocer Shoprite acquired the Vida e Caffè coffee chain and a majority stake in telecom vending machine firm R&A Cellular23h
Bombardier will acquire a Canadian factory from supplier Mitsubishi Heavy Industries23h

VC

AI coding startup Cognition is set to raise a $1B round at a $47B valuation23h
Cornerstone Robotics, a Hong Kong–based surgical robotics company, raised a $700M strategic investment from Medtronic23h
Israeli HR software firm HiBob raised a $166M round at an over $3.2B valuation led by Salesforce23h
Felix Pago, a stablecoin remittance company, raised a $200M Series B led by a16z23h
Physical Superintelligence, an AI-native physics lab and virtual physicist platform, raised a $58M seed round led by Breakthrough Energy Ventures23h
AIR, an AI security startup, raised $50M across two seed rounds led by Sequoia and Greenoaks respectively23h
Light, the power company enabling embedded electricity products for businesses, raised a $46M Series A led by Matrix23h
SciFin, a revenue-context startup for sales and RevOps, raised a $44M seed round co-led by Altimeter and Madrona23h
Empirik.ai, an autonomous infrastructure engineering startup, raised a $21M seed round from Sequoia, S32, Canapi Ventures, and Alumni Ventures23h
Stack Health, an alternative to group health insurance startup, raised a $21M seed round led by 8VC23h
Norbert Health, a physical AI control system for healthcare, raised a $14M Series A led by William A. Marino with Cardinal Group23h
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 Capital23h
Frontier Computing, a living brain-cell computing startup, raised a $10M pre-seed round led by General Catalyst23h
Visko, an AI research company pioneering Live Models, raised a $10M pre-seed round led by Llama Ventures23h
Entity, a gaming infrastructure startup, raised a $5.8M seed round from Delta Partners, Elkstone Partners, and others23h

IPOs / Listings / Issuances / Block Trades

Indian auto parts maker Victura Technologies is in talks to raise $300M in an India IPO23h
SoftBank-backed data center firm SB Energy filed for an IPO23h
Philippine fast-food giant Jollibee Foods will change its IPO location for its international unit from US to Hong Kong23h

Debt

South Korea plans to sell a near-record $162B of bonds in 2027 to fund fiscal agenda23h
Saudi Arabia sold $3.25B of dollar bonds23h
AI cloud firm Nscale raised a $3B DDTL led by JPMorgan and Goldman Sachs23h

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 IMF23h
A judge ruled FDIC isn't required to return $1.7B to creditors of failed Silicon Valley Bank23h
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 control23h

Reforma

Fallece Raymundo Gómez FloresPortada · 4h
Va MC contra Durazo ante el INE por crítica a ColosioNacional · 7h
Señala CCE que filtro de 4T a IED se alinea con EUNegocios · 9h
Frena SAT facturación a 2 mil 205 empresas por huachicolPortada · 9h
Preocupa a expertos filtro militar a la IEDPortada · 23h
Pide Sheinbaum humildad, y en turismo puro lujoPortada · 23h
Exhibe apagón fragilidad de la CFE en la PenínsulaPortada · 23h
Más impuestos al alcohol, snacks, sopas, enlatados...Portada · 23h