news

Monday, September 7

World

Russia-Ukraine peace talks could begin next year, ex-MI6 chief saysFT · 4m
Eurozone Economy Surged as War Ignited Energy PricesWSJ · 11m
There’s a Legal Fight Brewing at OktoberfestWSJ · 16m
China pumps $54bn into banks and insurersFT · 19m
China’s Foreign Exchange Reserves Continue to ClimbWSJ · 28m
South-east Asia choked as Indonesian wildfires and volcanic ash spreadFT · 31m
Iran to raise petrol prices as US war triggers shortagesFT · 1h
Port protests prompt questionsFT · 1h
Indonesia shuts airports as volcano eruptsFT · 1h
UK police face questions over anti-migrant protests by masked demonstratorsFT · 1h
After Far-Right Election Breakthrough, Germany’s Merz Faces Painful DilemmaWSJ · 2h
Healey to urge state-owned bodies to boost investmentFT · 2h
German Industrial Production Contracts on Auto Sector SlowdownWSJ · 2h
Far-right AfD surges to victory in German state electionFT · 3h
Everything is awesomeFT · 4h
EU to table ‘Buy European’ public procurement rules to push out ChinaFT · 4h
Few signs of persistent price pressures in UK and EurozoneFT · 4h
FirstFT: Germany’s far-right AfD surges to first place in state electionsFT · 5h
Modi fails to dull gold’s lustre in IndiaFT · 5h
Venezuela-US oil deal risks violating local lawFT · 5h
Why America’s debt binge is starting to matterFT · 5h
How Canadian companies are navigating Trump’s tariffsFT · 5h
Concerns raised over ‘tick-box’ staff training as employers choose short online coursesFT · 5h
Trump is putting European security in perilFT · 5h
John Ternus’s first test at Apple: selling a $2,000 foldable iPhoneFT · 5h
Why Chicago’s theatre scene deserves top billingFT · 5h
The citizen scientists tracking England’s polluted waterwaysFT · 5h
Big US university endowments outperform S&P 500 indexFT · 5h
Russia’s uranium push raises concern over nuclear fuel supplyFT · 5h
Kirsty Godso, Hailey Bieber’s trainer, talks pain, positivity and perfect absFT · 5h
Beijing to Inject More Than $50 Billion Into Banks, Insurers to Boost GrowthWSJ · 7h
How Ukrainian Drone Strikes Are Pounding Russia’s EconomyWSJ · 8h
Opinion | The AfD Rises on the German RightWSJ · 11h
Opinion | Democrats Want Fetterman ‘on a Pike’WSJ · 11h
Trump Envoys Visit Ukraine in New Push for Peace TalksWSJ · 14h

Business

There’s a Legal Fight Brewing at OktoberfestWSJ · 16m
Hermès Has Big Watchmaking Ambitions. The Cult of the Birkin Is Getting in the Way.WSJ · 16m
China pumps $54bn into banks and insurersFT · 19m
Social Media in China Is Getting Really DarkNYT · 42m
Rivian R2 Review: A Tidier (in Size and Price) SUV Is Ready for the SuburbsNYT · 42m
Iran to raise petrol prices as US war triggers shortagesFT · 1h
European Gas Climbs on LNG Supply Concerns Ahead of WinterWSJ · 1h
Indonesia shuts airports as volcano eruptsFT · 1h
Tata Motors-Owned JLR Plans Redundancy Program as It Targets Over $2B in SavingsWSJ · 2h
Guggenheim unit warned over internal controlsFT · 4h
FirstFT: Germany’s far-right AfD surges to first place in state electionsFT · 5h
Modi fails to dull gold’s lustre in IndiaFT · 5h
EssilorLuxottica overhauls management after rift with founder’s sonFT · 5h
Venezuela-US oil deal risks violating local law, say expertsFT · 5h
Why America’s debt binge is starting to matterFT · 5h
How Canadian companies are navigating Trump’s tariffsFT · 5h
Concerns raised over ‘tick-box’ staff training as employers choose short online coursesFT · 5h
John Ternus’s first test at Apple: selling a $2,000 foldable iPhoneFT · 5h
Tax losses have become a hot property in sports M&AFT · 5h
FNZ: the Credit Suisse spinout haemorrhaging cashFT · 5h
The citizen scientists tracking England’s polluted waterwaysFT · 5h
Big US university endowments outperform S&P 500 indexFT · 5h
Russia’s uranium push raises concern over nuclear fuel supplyFT · 5h
ArcelorMittal faces green steel price test at flagship low-carbon plantFT · 5h
Thermo Fisher CEO: ‘Society broadly embraces the breakthroughs’FT · 6h
Upset About Data Centers? Big Tech and Trump Think You’re a Socialist DupeWSJ · 9h
Cargo Plane Crashes at Miami Airport, Striking VehiclesNYT · 10h
Five killed as Amazon cargo plane overshoots runway in MiamiFT · 10h
UK hiring picks up in latest hint of improving economic confidenceFT · 10h
Oil Prices Rise Slightly After U.S. and Iran Trade StrikesNYT · 10h
Amazon Cargo Plane Overshoots Runway in Miami, Killing Five PeopleWSJ · 11h
Opinion | The Teamsters Return to Ugly TypeWSJ · 11h
OPEC Plus Holds Oil Production Steady as U.S.-Iran Strikes ResumeNYT · 16h
Starting gun fired on autumn election campaign seasonFT · 16h
In Trump’s Second Term, the MAGA Merchandise Boom Is Going BustWSJ · 18h
Iran’s Attacks Keep the Strait of Hormuz in a Lethal StalemateNYT · 20h
Was Huawei’s rise built on crime? A US jury will decideFT · 21h
OPEC, Allies Agree to Keep Oil Output Steady in OctoberWSJ · 22h
European SpaceX rival launches rocket into orbitFT · 22h
How Victoria’s Secret Is Reviving Its Pink BrandNYT · 22h
CCRCs Are Expanding Retirement Home Care to Seniors’ Own HomesNYT · 22h
‘Go Get Your Kicks’: The Europeans Obsessed With a U.S. HighwayNYT · 22h
How a Blacklisted Chinese Tech Giant Kept Buying America’s Best A.I. ChipsNYT · 23h
JLR plans up to 4,000 job cuts as Chinese rivals pile on pressureFT · 23h

Markets & Economy

Thai Sugar Output to Drop at Least 17%, Worsening Global SqueezeBBG · 12m
Hermès Has Big Watchmaking Ambitions. The Cult of the Birkin Is Getting in the Way.WSJ · 16m
Yields at 5.5% Would Spell Trouble for Stocks, SocGen WarnsBBG · 25m
What We Know About the Amazon Cargo Plane CrashBBG · 27m
China’s Foreign Exchange Reserves Continue to ClimbWSJ · 28m
Shein’s Value Down $5 Billion, Among HK’s Worst Post-IPO WeeksBBG · 30m
UK Chancellor Healey Vows Fiscal Discipline in First Big SpeechBBG · 42m
Euro-Zone Growth Upgraded After Bumper Quarter for IrelandBBG · 44m
Saudi Arabia, UAE Push Ahead With Data Center PlansBBG · 48m
JPMorgan’s Matejka Says Buy the Dip in Stocks on Earnings BoostBBG · 54m
European Chip Stocks Rise, Buoyed By Asian PeersWSJ · 56m
Oil Higher on Hormuz Escalation Amid Quiet Markets Due to Labor DayWSJ · 1h
Iran to raise petrol prices as US war triggers shortagesFT · 1h
European Gas Climbs on LNG Supply Concerns Ahead of WinterWSJ · 1h
Copper Rises on Supply Concerns Despite Rate-Hike BetsWSJ · 1h
Yen Tops Intervention Rally to Reach Highest Since FebruaryBBG · 1h
Why Money Launderers Love $100 BillsBBG · 1h
How Large Denomination Bills Help Money LaunderersBBG · 1h
Odd Lots: Why Money Launderers Love $100 Bills (Podcast)BBG · 1h
MTN Meets Eurobond Investors a Decade After Its Last SaleBBG · 1h
Brent Tops $97 as U.S.-Iran Exchange AttacksWSJ · 2h
South Africa’s Quarterly Farm Exports Surge, US Shipments RiseBBG · 2h
Eurozone Bond Yields Open Higher, Thursday’s ECB Decision in FocusWSJ · 2h
Dollar Declines, Shrugs Off Higher Oil PricesWSJ · 2h
This Week Is All About US CPI: 3-Minute MLIVBBG · 2h
German Industry Output Unexpectedly Drops Most in Almost a YearBBG · 3h
Everything is awesomeFT · 4h
Oil Rises as Escalating U.S.-Iran Conflict Stokes Supply Disruption FearsWSJ · 4h
Could the DMO take the BoE’s long gilts off their hands?FT · 4h
Modi fails to dull gold’s lustre in IndiaFT · 5h
Venezuela-US oil deal risks violating local lawFT · 5h
Why America’s debt binge is starting to matterFT · 5h
Bonds have become bonds againFT · 5h
Tax losses have become a hot property in sports M&AFT · 5h
FNZ: the Credit Suisse spinout haemorrhaging cashFT · 5h
Big US university endowments outperform S&P 500 indexFT · 5h
Russia’s uranium push raises concern over nuclear fuel supplyFT · 5h
ArcelorMittal faces green steel price test at flagship low-carbon plantFT · 5h
Bond Market: Gilts, BTPs, OATs Hit by Fears of Energy Shock, Political RiskBBG · 5h
Thai Inflation Accelerates More Than Expected to 2.53%BBG · 5h
War-Tested Oil Traders Descend on Singapore as $100 BeckonsBBG · 8h
Bathla Group Faces Funding Talks as $2.5 Billion Debt Crisis DeepensBBG · 9h
Japan Likely Sold Treasuries to Fund Record Yen InterventionBBG · 9h
China Injects Billions of Capital Into Banks, InsurersBBG · 10h
Healey to Pitch UK Regional Growth Plus Fiscal DisciplineBBG · 10h
UK Hiring Accelerates for the First Time in Four Years, REC SaysBBG · 10h
Manchester to Keep Booming Without Burnham as Mayor, Study SaysBBG · 10h
Stocks Drift as Choppy Oil Counters AI Optimism: Markets WrapBBG · 11h
Latest Oil Market News and Analysis for September 7BBG · 11h
BlackRock, JPMorgan Bet on EM as Turmoil Seizes Global BondsBBG · 21h

Tech

Insilico’s Co-CEO Has Big Hopes That Fibrosis Drug Can Reverse Aging TooWSJ · 38m
Why America’s debt binge is starting to matterFT · 5h
John Ternus’s first test at Apple: selling a $2,000 foldable iPhoneFT · 5h
Upset About Data Centers? Big Tech and Trump Think You’re a Socialist DupeWSJ · 9h
Who’s Boring Now?WSJ · 18h
Was Huawei’s rise built on crime? A US jury will decideFT · 21h
America’s Own Banks Are a Weak Link in the Campaign to Cut Off IranWSJ · 22h
Which Sleep Data to Trust From Oura and Other WearablesWSJ · 22h

Deal Flow

M&A / Strategic

Contract manufacturer Flex will acquire power conversion systems maker EPC Power in a $4.4B deal3d
Diversified Energy agreed to acquire Elliott-backed O&G company Birch Resources in a $1.8B deal3d
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 Partners3d
Shell and Chevron signed non-binding agreements for the acquisition of production rights over Ghana's South Deepwater Tano Cape Three Points block3d
TSG Consumer made a strategic investment in iconic NYC taco chain Los Tacos No. 13d
US family holding company Friedkin Group is exploring a stake sale in UK soccer club Everton FC just two years after acquiring the club3d
Thai state-owned O&G firm PTT is considering bringing in strategic partners for for its Taiwan-listed Lotus Pharmaceutical3d

VC

Robotics startup Figure raised an undisclosed investment from AI cloud firm Nscale as part of a $3.5B compute deal3d
Enterprise AI platform Wonderful raised a $550M Series C at a $5B valuation led by Insight Partners3d
Thyme Care, an oncology navigation startup, raised a $125M Series E at a $2B+ valuation led by Morgan Health3d
Immediate, an earned wage access and financial wellness platform, raised a $13M Series B led by BankTech Ventures3d

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 valuation3d
UK AI cloud firm Nscale has $103B of total contracted revenue ahead of its $3B US IPO3d
Swedish smart ring maker Oura Health filed for a US IPO to raise $3B at a $16B valuation3d
Pet food platform Golden Pet Brands hired banks for an IPO that could fetch a $1B valuation3d
Chinese chipmaker Longsys priced its $780M Hong Kong listing below the top end of the marketed range at a 44% discount to its China trading3d
Olympus-backed data center infrastructure firm Accelevation filed for an IPO3d
Crypto exchange Kraken delayed its IPO until Q2 next year3d

Debt

Anthropic is set to expand its revolving credit facility to $15B ahead of its IPO3d
Pakistan raised a record $3B in international high-yield bond markets after securing credit rating upgrades3d
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 Power3d
Public Storage is looking to raise $360M in a debut Canadian bond sale3d
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 expansion3d

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 pile3d
Air India is close to securing $1.1B in financial aid from owners Tata Sons and Singapore Airlines3d

Funds / Secondaries

CVC raised $10B for its sixth and largest PE secondaries fund3d
Swish Ventures, the VC firm of Israel's first NBA player Omri Casspi, raised $250M for its third fund3d

Reforma

Pide Coparmex reorientar gasto para crecerNegocios · 7h
Amaga Catem con ir por curules en 2027, sin importar partidoNacional · 8h
Revisará Ssa comidas en hospitales de IMSS, Pemex...Nacional · 8h
Pide Cuéllar considerar extorsión como amenaza económicaNacional · 10h
Arranca elección entre dudas y divisiónPortada · 22h
Indagan en Acapulco desfalco de 282 mdpPortada · 22h
Que responda el novio, dice SecretariaPortada · 22h
Advierten: nueva Corte ya no es un contrapesoPortada · 22h