news

Wednesday, September 2

World

Saudi Nuclear Agreement Could Open a Path to 20% EnrichmentWSJ · 38m
Chinese Warships Are Cruising Too Close for Comfort Off Japan’s ShoresWSJ · 3h
Hegseth Extends Mideast Deployments Into 2027, Escalating Strain on TroopsWSJ · 3h
Why Washington’s ‘Economic D-Day’ Against Iran Faces Steep OddsWSJ · 4h
Steve Ballmer banned by NBA over improper payment to basketball starFT · 5h
OpenAI Hit With 30 Lawsuits Over Canadian School ShootingWSJ · 5h

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 · 6h
FirstFT: Xi Jinping visits Egypt in rare foreign travel tourFT · 6h
Struggling Republicans urge Trump to open Maga Inc’s $400mn war chestFT · 6h
Opinion | The Fight to Get the U.N. Out of LebanonWSJ · 6h
Opinion | Defunding the U.S. MilitaryWSJ · 6h
Opinion | What Is Canada, Other Than the Un-America?WSJ · 7h
Opinion | Iran Regime Change Returns—AgainWSJ · 7h
Chevron to double Venezuela oil production with $7bn pledgeFT · 7h
Pentagon chaos deepens after Driscoll quits in clash with HegsethFT · 7h
JPMorgan curbed lending to Jane Street as trading firm muscled into bondsFT · 7h
Burnham and Macron meet as Bayeux Tapestry unveiledFT · 7h
Burnham seeks to protect UK farming and steel in EU reset talksFT · 8h
Google spared break-up of online advertising monopolyFT · 8h
Zelenskyy rebukes spy agencies after Kyiv shootoutFT · 8h
Students and opposition activists targeted with spyware in SerbiaFT · 9h
Trump administration backs OpenAI in New York Times copyright battleFT · 9h
Winter Is Approaching and Europe Is Running Low on Natural GasWSJ · 9h
After 286 Days at Sea, 5,000 Sailors on the USS Abraham Lincoln Get a Break in ThailandWSJ · 9h
Badenoch sharpens her attack on Burnham by calling him the ‘people pleaser’FT · 10h
Russia Is Testing NATO’s Ability to Hold Back From a Hot WarWSJ · 10h
Gunfight in Kyiv Deepens Feud Between Ukraine’s Powerful Spy AgenciesWSJ · 10h
EU accelerates plans to break up diplomatic serviceFT · 10h
The wrong way to revive Venezuela’s economyFT · 10h
China’s Xi Bolsters Mideast Ties With Egypt Visit Ahead of Planned U.S. TripWSJ · 11h
How refugee camps become mini-economiesFT · 11h
Energy price surge hits bond markets as European gas reaches three-year highFT · 11h
California opines on who profits from wildfires but not on who paysFT · 11h
Opinion | The Navy’s Overstretched Carrier FleetWSJ · 11h
The Restore Britain backer who once gave money to the Lib DemsFT · 11h
Himalayan Disaster Tests China’s Clout as Regional LeaderWSJ · 11h
Morocco in spotlight as Spanish police report sparks Ceuta blame gameFT · 12h

Spain’s interior minister has pressed the police chief for clarification after a police probe allegedly implicated Moroccan security forces in organizing the recent surge of migrants reaching the country. The minister’s request for answers follows reports that the investigation points to Morocco’s role in the influx, a claim that has heightened diplomatic sensitivities. In parallel, other media outlets have noted that Spanish intelligence has also suggested a Moroccan connection, while separate statements have linked the situation to Israel, according to i24NEWS. The developments have intensified calls for transparency from both the police and the government regarding the origins of the migrant flow.

Uber to axe 10% of its workforce in biggest cuts since pandemicFT · 12h

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.

UK mortgage borrowers urged to lock in deals before rates riseFT · 12h
Tory attempts to repeal the UK Climate Act are tin-earedFT · 12h
Burnham tries to calm bond markets as public spending fears mountFT · 13h
In Daylight Raid Backed by Drones, Israel Seizes Senior Hamas MilitantWSJ · 13h
Dubai’s international schools reopen in test of confidenceFT · 13h
Opinion | Trump’s Policy on Venezuela Could Entrench an OligarchyWSJ · 13h
Best High-Yield Savings Accounts for September 2026: Up to 4.50%WSJ · 14h
U.S. Says It’s Fed Up With China’s Overcapacity—and More Countries AgreeWSJ · 15h

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 · 16h
Germany Blames Russia for Explosive Drones Sent to Leipzig AirportWSJ · 18h
Treasury Yields Hit New Highs as World Leaders Squabble at Fractured G-20WSJ · 18h

Business

Accelerating BusinessFT · 8m
Trump Puts Tariffs of Up to 100% on Foreign-Made DronesNYT · 10m
The new rivalry on Wall StreetFT · 10m
VodafoneThree to launch debut TV service in challenge to UK rivalsFT · 10m
Fixing the AI industry’s PR problemFT · 10m
KPMG warned Guggenheim unit over deficiencies in internal controlsFT · 10m
For sweltering Britons, rising energy prices could spark a shutter boomFT · 10m
Fantasy M&A: the recipe for a European championFT · 11m
The mysterious billionaire and Cuba’s cigar industryFT · 11m
VW, Amazon and others name blacklisted groups among potential suppliersFT · 11m
The port that built Dubai: war exposes a dangerous dependenceFT · 11m
‘It’s a total game-changer’: AI enters the householdFT · 11m
Uber allies with driver unions in bid to slow robotaxi rolloutFT · 11m
Saudi Nuclear Agreement Could Open a Path to 20% EnrichmentWSJ · 38m
Law firms seek bespoke differences in legal AIFT · 41m
Why Trump’s Venezuela Oil Grab Is No Quick Fix for Gas PricesWSJ · 2h
The Hunt for AI-Proof Assets Is Leading Investors to Sports, Casinos and TravelWSJ · 2h
Ryanair warns of higher fares as it cuts winter flightsFT · 2h
Inside the Fight Against a Flesh-Eating Fly in MexicoNYT · 2h
Judge Sharply Questions New York City Landlords on Rent-Freeze ChallengeWSJ · 4h
Elliott builds stake in Deutsche Telekom and opposes T-Mobile US mergerFT · 5h
Five Below Raises Outlook as Sales Gain on Trendy ProductsWSJ · 5h
Uber and Wayve to Start Testing Robotaxis in LondonNYT · 5h
Ford’s $30,000 EV Truck Sets Ambitious Goal: 100,000 Sales in Year OneWSJ · 5h
Broadcom Third-Quarter Profit Soars on Growing Custom Chip DemandWSJ · 5h
Steve Ballmer banned by NBA over improper payment to basketball starFT · 5h
Mac-and-Cheese Disruptor Goodles to Be Acquired by BarillaWSJ · 5h
PVH Second-Quarter Revenue Falls on Pressure From Iran WarWSJ · 6h
Plane Carrying Homeland Security Chief Markwayne Mullin Makes Emergency LandingWSJ · 6h
Energy & Utilities Roundup: Market TalkWSJ · 7h
Chevron to double Venezuela oil production with $7bn pledgeFT · 7h
JPMorgan curbed lending to Jane Street as trading firm muscled into bondsFT · 7h
HPE Boosts Outlook as AI Demand Drives Surge in Third-Quarter ProfitWSJ · 7h
Investors Still on Edge Over War, Debt and InflationNYT · 7h
Google Avoids Breakup of Dominant Ad BusinessWSJ · 7h
Southwest to Open Premium Airport Lounges Across the CountryNYT · 8h
Google spared break-up of online advertising monopolyFT · 8h
Thoma Bravo-Owned Proofpoint in Advanced Talks to Buy VaronisWSJ · 8h
U.S. Government Backs OpenAI in Copyright Fight With PublishersWSJ · 9h
Trump administration backs OpenAI in New York Times copyright battleFT · 9h
Trump’s Tactics to Lower Beef Prices and Appease Ranchers Fall ShortNYT · 9h
Chevron to Invest $7 Billion in Venezuela, Doubling ProductionWSJ · 9h
FiveThirtyEight’s Podcast Hosts Reunite for a New ShowNYT · 10h
The wrong way to revive Venezuela’s economyFT · 10h
Uber’s $15 Billion Takeover Bid Gets Delivery Hero Board BackingWSJ · 11h
BP gets the chair it wants rather than the one it neededFT · 11h
Two More Oil Tankers Are Attacked in the Strait of HormuzNYT · 11h
California opines on who profits from wildfires but not on who paysFT · 11h
Aurora Cannabis Rejects Curaleaf Offer as InadequateWSJ · 11h
AI spots cyber gaps faster than financial firms can fix themFT · 11h
Chevron Expansion in Venezuela Extends U.S. Influence Over Oil RichesNYT · 11h
Uber to axe 10% of its workforce in biggest cuts since pandemicFT · 12h

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.

Employer Health Costs Are Expected to Spike in 2027NYT · 12h
U.S. Crude Oil Stockpiles See Larger-Than-Expected DropWSJ · 12h
Global Bond Rates Are Rising. What Should You Do Now?NYT · 12h
Japan Activation Capital Pushing Companies to Take Risks, From WithinWSJ · 13h
Opinion | Aluminum Tariffs Harm U.S. ManufacturersWSJ · 13h
Opinion | Trump’s Policy on Venezuela Could Entrench an OligarchyWSJ · 13h
Advent International Looking for More Australia, New Zealand Healthcare OpportunitiesWSJ · 14h
Southwest Airlines Jumps Into the Airport Lounge CompetitionWSJ · 14h
Southwest Airlines Jumps Into the Airport Lounge CompetitionWSJ · 14h
How to Spend Six Years Inventing a $499 Toothbrush With ‘No Idea’ of the MarketWSJ · 14h
Brown-Forman Quarterly Sales Slip on Tequila SlowdownWSJ · 14h
Saturday Evening Post Will Stop Printing After 205 YearsNYT · 15h
Bill Simmons’s Co-Hosts Are Tired of His A.I. AnticsNYT · 15h
AIG’s Zaffino Stepping Down as Chairman, Joining PalantirWSJ · 16h
OpenAI’s Astra Model Can Hack With Minimal Human HelpWSJ · 16h
Trucking Crackdown Accelerates in U.S.WSJ · 17h
The Morning Risk Report: The Island Paradise That Is a Secret Hub for Russian Sanctions EvasionWSJ · 17h
How Brunswick Is Using AI and Marine Cruise Control to Raise Prices on BoatsWSJ · 17h
AI Startup Wonderful Hits $5 Billion Valuation, Plans 1,000-Strong TeamWSJ · 17h
Blackstone Backs Cybersecurity Startup Huskeys to Fight Unwanted AI TrafficWSJ · 17h
Treasury Yields Hit New Highs as World Leaders Squabble at Fractured G-20WSJ · 18h
Soccer Metaphors, Sunday Calls—How Voya’s CEO Guides Her TeamWSJ · 18h
Ryanair Cuts Traffic Target to Reduce Exposure to Unhedged Winter OilWSJ · 18h
Your Nonalcoholic Beer May Actually Have Some Alcohol in ItWSJ · 18h
Elon Musk Wants to Make Power-Turbine Components. It Won’t Be Easy.WSJ · 18h
Your Nonalcoholic Beer May Actually Have Some Alcohol in ItWSJ · 18h
Get to Know Your Phone’s Built-In Emergency KitNYT · 19h
The Conservative Radio Hosts Dominating the AirwavesWSJ · 19h
The Conservative Radio Hosts Dominating the AirwavesWSJ · 19h
BP Names Replacement for Chairman Ousted Over Bullying ConcernsWSJ · 20h
Volvo Car Sales Slip on China, U.S. WeaknessWSJ · 20h
Italian Gaming Group Lottomatica to Merge With Spain’s CirsaWSJ · 21h
TPG Files Confidential IPO Application for Malaysia Hospital Assets Valued at Around $8 BillionWSJ · 22h

Markets & Economy

Danske Sees Highest Danish GDP Growth Since 2021 on Novo BoostBBG · 11m
Thailand Must Double Per-Capita Growth to Reach Rich Goal, World Bank SaysBBG · 11m
IFM Investors Targets Asia Expansion in Private Credit FundBBG · 20m
Japan’s 30-Year Bond Sale Demand Stronger Than 12-Month AverageBBG · 30m
India’s Rupee Gains as RBI Measures Bring in Bumper $136 BillionBBG · 38m
HDFC Bank Is at Risk of Losing Its Top Nifty Spot to Rival ICICIBBG · 1h
Yen Strengthens on Prospects of More Aggressive Tightening by BOJWSJ · 1h
Base Metals Gain Ground as Trump Says Iran Attacks Will Be BriefBBG · 1h
Yen Traders Brace for Holiday Intervention Risk Around BOJBBG · 1h
HDFC Bank’s Nifty Crown Under Threat From ICICI Bank After CEO ExitBBG · 1h
Singapore Ruling on Bankrupt Indonesian Firm May Open Recovery Path for OthersBBG · 1h
Comex Gold Futures May Rise Toward $4,600, Technical Analysis ShowsWSJ · 1h
Vietnam Trade Gap Narrows to $113 Million; Inflation FasterBBG · 1h
Fitch Sees Thai Risks Easing Ahead of Rating Review, Citing Political StabilityBBG · 2h
The Hunt for AI-Proof Assets Is Leading Investors to Sports, Casinos and TravelWSJ · 2h
China’s Services Gauge Tops Forecasts With Surprise ReboundBBG · 2h
Japan Trading House Stocks Gain as Berkshire Signals SupportBBG · 2h
Hongkong Land Eyes Billion-Dollar Property Deals to Enter JapanBBG · 2h
Korean FX Reserves Swell by Record $14.3 Billion in AugustBBG · 2h
Diversified Energy Buys Elliott-Backed Birch for $1.8 BillionBBG · 2h
There Are Four Forces Pressuring Bonds: War Is No. 1WSJ · 3h
Nikkei Rises 0.1%, Led by Trading Houses, Financial StocksWSJ · 3h
Gold Rises Above $4,400 as Trump Comments Ease Inflation ConcernBBG · 4h
Oil Futures Fall on Likely Technical CorrectionWSJ · 4h
Japan’s 30-Year Bond Auction Risks Adding Fuel to Debt SelloffBBG · 5h
Asian Stocks Rise as Oil Rally Eases, Yen Gains: Markets WrapBBG · 6h
Latest Oil Market News and Analysis for Sept. 3BBG · 6h
The WSJ Dollar Index Falls 0.21% to 95.70WSJ · 6h
Basic Materials Roundup: Market TalkWSJ · 7h
Auto & Transport Roundup: Market TalkWSJ · 7h
Financial Services Roundup: Market TalkWSJ · 7h
Energy & Utilities Roundup: Market TalkWSJ · 7h
Chevron to double Venezuela oil production with $7bn pledgeFT · 7h
U.S. Stocks Rise as Oil Gains on Iran EscalationWSJ · 7h
JPMorgan curbed lending to Jane Street as trading firm muscled into bondsFT · 7h
Founder of Private-Company Investment Firm Charged With Defrauding InvestorsWSJ · 7h
Stocks Rise As Middle East Tensions FrayWSJ · 8h
Canada Blew Up Trade Deal at Last Minute, Lutnick SaysBBG · 8h
Thoma Bravo-Owned Proofpoint in Advanced Talks to Buy VaronisWSJ · 8h
U.S. Natural Gas Futures Rise Ahead of Storage DataWSJ · 8h
Fed Beige Book Shows Modest Growth, Mixed SentimentBBG · 9h
Winter Is Approaching and Europe Is Running Low on Natural GasWSJ · 9h
Fed’s Beige Book Shows Economic Activity Up ModestlyBBG · 9h
Highlights From the Messy Divorce Trial of a Hedge-Fund TitanWSJ · 10h
Dutch central bank moves gold bars out of New York over ‘geopolitical unrest’FT · 10h
The wrong way to revive Venezuela’s economyFT · 10h
Energy price surge hits bond markets as European gas reaches three-year highFT · 11h
BP gets the chair it wants rather than the one it neededFT · 11h
Fed Watchdog Flags Questions Around Confidential InformationBBG · 11h
AI spots cyber gaps faster than financial firms can fix themFT · 11h
US Lawmakers Pass Africa Trade Preference Extension to 2028BBG · 12h
Energy Prices Surge, Reviving Inflation Fears as Winter NearsBBG · 12h
In Surprise Twist, California Lawmakers Fail to Pass Watered-Down Wildfire BillWSJ · 12h
Borrowing Isn’t the Bond Market’s Only Concern—Growth Is TooWSJ · 12h
Danish Central Bank Intervenes Again to Defend Currency PegBBG · 12h
Burnham tries to calm bond markets as public spending fears mountFT · 13h
A vital tenet of US equity markets is under threatFT · 13h
Bessent Leaves BOJ in No-Win Situation Over Japan Rate HikesBBG · 13h
Investor David Booth on Life, Stocks and (Not) Trying to Beat the MarketWSJ · 14h
Yen’s Spike Leaves Traders Guessing About InterventionBBG · 14h
Bank of Canada Holds Rates and Flags Inflation Risks; Bonds DropBBG · 14h
Spain’s Push on Undocumented Migrants Distorts Labor StatisticsBBG · 14h
Fed’s Warsh Lays Out Data Dashboard to Read US EconomyBBG · 14h
Fed’s Williams Says Inflation Continuing to Trend DownBBG · 15h
ADP Says US Companies Added 38,000 Jobs in AugustBBG · 15h
Dutch Shift Gold to London From US on Geopolitical UnrestBBG · 15h
US Companies Added 38,000 Jobs in August, ADP Data ShowBBG · 15h
What Japan’s bond sell-off means for global marketsFT · 16h
Indonesia’s lessons for the global energy transitionFT · 17h
Broadcom’s AI Success Story Gets ComplicatedWSJ · 17h
Elon Musk Wants to Make Power-Turbine Components. It Won’t Be Easy.WSJ · 18h
TPG’s Asia OneHealthcare Is Said to Confidentially File for $2.5 Billion IPOBBG · 19h
Stock Market News, Sept. 2, 2026: Treasury Selloff Pauses While Stocks RiseWSJ · 19h
European Equities Mixed in Muted TradeWSJ · 20h
BP names new chair as it tries to move on from Albert ManifoldFT · 21h
France’s debt crisis-in-waitingFT · 22h
So how big *was* Bessent’s yentervention?FT · 23h

Tech

Accelerating BusinessFT · 8m
VodafoneThree to launch debut TV service in challenge to UK rivalsFT · 10m
Fixing the AI industry’s PR problemFT · 10m
‘It’s a total game-changer’: AI enters the householdFT · 11m
Uber allies with driver unions in bid to slow robotaxi rolloutFT · 11m
Law firms seek bespoke differences in legal AIFT · 41m
The Hunt for AI-Proof Assets Is Leading Investors to Sports, Casinos and TravelWSJ · 2h
Tech CEOs, Trump Administration Ask G-20 to Adopt Pro-AI PoliciesWSJ · 6h
Microsoft to Change Reporting Structure to Reflect Effects of AIWSJ · 6h
Health Care Roundup: Market TalkWSJ · 7h
Google Avoids Breakup of Dominant Ad BusinessWSJ · 7h
Google spared break-up of online advertising monopolyFT · 8h
Thoma Bravo-Owned Proofpoint in Advanced Talks to Buy VaronisWSJ · 8h
Students and opposition activists targeted with spyware in SerbiaFT · 9h
U.S. Government Backs OpenAI in Copyright Fight With PublishersWSJ · 9h
Trump administration backs OpenAI in New York Times copyright battleFT · 9h
Time is running out for the leap secondFT · 10h
New York City Temporarily Bans AI in Classrooms Through Middle SchoolWSJ · 10h
AI spots cyber gaps faster than financial firms can fix themFT · 11h
Uber to axe 10% of its workforce in biggest cuts since pandemicFT · 12h

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 · 14h

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 · 15h
Germany blames Russia for Leipzig drone attackFT · 16h
AI Startup Wonderful Hits $5 Billion Valuation, Plans 1,000-Strong TeamWSJ · 17h
Broadcom’s AI Success Story Gets ComplicatedWSJ · 17h
The best, worst and strangest ways AI is really being used at workFT · 18h

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 firms17h
Kroenke Sports & Entertainment will acquire MLB team Los Angeles Angels from the Moreno family at a $4B valuation17h
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 control17h
Veritas Capital will acquire UK industrial heat treatment specialist Bodycote for $2.2B after raising its bid above CVC's17h
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 valuation17h
Azerbaijan's state-owned oil firm SOCAR will acquire stakes in Comstock Resources' Haynesville shale assets and related midstream business for $1.65B cash17h
PE firm Epiris agreed to buy UK's Gamma Communications for $1.4B following a months-long takeover saga17h
Yellow Wood Partners will acquire food giant Nestle's mainstream vitamins and supplements business for $1B17h
H.I.G. Capital is exploring a $1B sale of drug manufacturer Rising Pharmaceuticals17h
Yogurt maker Chobani will re-acquire a stake from Keurig Dr Pepper along with a manufacturing facility for $925M17h
$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 firm17h
Student housing operator The Scion Group and Ares bought four student housing communities in the South from Schenk+ for $435M17h
Norwegian oil firm DNO agreed to buy UK's Capricorn Energy for $395M after outbidding rival Genel Energy17h
Starman Optical will acquire GoPro for $285M cash at a 30% premium17h
Shell will take full ownership of Tennessee-based convenience store operator Tri Star Energy from majority owners The Parman Corporation and Kimbro Oil Company17h
UAE developer Binghatti is in talks with a major entity on partnerships worth billions of dollars after it suspended IPO plans17h
French lender SocGen will acquire telecom Altice's 50% stake in OXG, a German fiber JV with Vodafone17h
South African grocer Shoprite acquired the Vida e Caffè coffee chain and a majority stake in telecom vending machine firm R&A Cellular17h
Bombardier will acquire a Canadian factory from supplier Mitsubishi Heavy Industries17h

VC

AI coding startup Cognition is set to raise a $1B round at a $47B valuation17h
Cornerstone Robotics, a Hong Kong–based surgical robotics company, raised a $700M strategic investment from Medtronic17h
Israeli HR software firm HiBob raised a $166M round at an over $3.2B valuation led by Salesforce17h
Felix Pago, a stablecoin remittance company, raised a $200M Series B led by a16z17h
Physical Superintelligence, an AI-native physics lab and virtual physicist platform, raised a $58M seed round led by Breakthrough Energy Ventures17h
AIR, an AI security startup, raised $50M across two seed rounds led by Sequoia and Greenoaks respectively17h
Light, the power company enabling embedded electricity products for businesses, raised a $46M Series A led by Matrix17h
SciFin, a revenue-context startup for sales and RevOps, raised a $44M seed round co-led by Altimeter and Madrona17h
Empirik.ai, an autonomous infrastructure engineering startup, raised a $21M seed round from Sequoia, S32, Canapi Ventures, and Alumni Ventures17h
Stack Health, an alternative to group health insurance startup, raised a $21M seed round led by 8VC17h
Norbert Health, a physical AI control system for healthcare, raised a $14M Series A led by William A. Marino with Cardinal Group17h
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 Capital17h
Frontier Computing, a living brain-cell computing startup, raised a $10M pre-seed round led by General Catalyst17h
Visko, an AI research company pioneering Live Models, raised a $10M pre-seed round led by Llama Ventures17h
Entity, a gaming infrastructure startup, raised a $5.8M seed round from Delta Partners, Elkstone Partners, and others17h

IPOs / Listings / Issuances / Block Trades

Indian auto parts maker Victura Technologies is in talks to raise $300M in an India IPO17h
SoftBank-backed data center firm SB Energy filed for an IPO17h
Philippine fast-food giant Jollibee Foods will change its IPO location for its international unit from US to Hong Kong17h

Debt

South Korea plans to sell a near-record $162B of bonds in 2027 to fund fiscal agenda17h
Saudi Arabia sold $3.25B of dollar bonds17h
AI cloud firm Nscale raised a $3B DDTL led by JPMorgan and Goldman Sachs17h

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 IMF17h
A judge ruled FDIC isn't required to return $1.7B to creditors of failed Silicon Valley Bank17h
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 control17h

Reforma

Va MC contra Durazo ante el INE por crítica a ColosioNacional · 58m
Señala CCE que filtro de 4T a IED se alinea con EUNegocios · 3h
Frena SAT facturación a 2 mil 205 empresas por huachicolPortada · 3h
Turnan al Senado filtro militar a inversión extranjeraPortada · 4h
Frenan eventual juicio contra Ruffo por huachicol fiscalPortada · 4h
Preocupa a expertos filtro militar a la IEDPortada · 17h
Pide Sheinbaum humildad, y en turismo puro lujoPortada · 17h
Exhibe apagón fragilidad de la CFE en la PenínsulaPortada · 17h
Más impuestos al alcohol, snacks, sopas, enlatados...Portada · 17h