news

Wednesday, September 2

World

Chinese Warships Are Cruising Too Close for Comfort Off Japan’s ShoresWSJ · 4m
Hegseth Extends Mideast Deployments Into 2027, Escalating Strain on TroopsWSJ · 4m
Why Washington’s ‘Economic D-Day’ Against Iran Faces Steep OddsWSJ · 1h
Steve Ballmer banned by NBA over improper payment to basketball starFT · 2h
OpenAI Hit With 30 Lawsuits Over Canadian School ShootingWSJ · 2h

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 · 3h
Saudi Nuclear Agreement Could Open a Path to 20% EnrichmentWSJ · 3h
FirstFT: Xi Jinping visits Egypt in rare foreign travel tourFT · 3h
Struggling Republicans urge Trump to open Maga Inc’s $400mn war chestFT · 3h
Opinion | The Fight to Get the U.N. Out of LebanonWSJ · 3h
Opinion | Defunding the U.S. MilitaryWSJ · 3h
Opinion | What Is Canada, Other Than the Un-America?WSJ · 3h
Opinion | Iran Regime Change Returns—AgainWSJ · 3h
Chevron to double Venezuela oil production with $7bn pledgeFT · 4h
Pentagon chaos deepens after Driscoll quits in clash with HegsethFT · 4h
JPMorgan curbed lending to Jane Street as trading firm muscled into bondsFT · 4h
Burnham and Macron meet as Bayeux Tapestry unveiledFT · 4h
Burnham seeks to protect UK farming and steel in EU reset talksFT · 5h
Google spared break-up of online advertising monopolyFT · 5h
Zelenskyy rebukes spy agencies after Kyiv shootoutFT · 5h
Students and opposition activists targeted with spyware in SerbiaFT · 5h
Trump administration backs OpenAI in New York Times copyright battleFT · 6h
Winter Is Approaching and Europe Is Running Low on Natural GasWSJ · 6h
After 286 Days at Sea, 5,000 Sailors on the USS Abraham Lincoln Get a Break in ThailandWSJ · 6h
Badenoch sharpens her attack on Burnham by calling him the ‘people pleaser’FT · 6h
Russia Is Testing NATO’s Ability to Hold Back From a Hot WarWSJ · 7h
Gunfight in Kyiv Deepens Feud Between Ukraine’s Powerful Spy AgenciesWSJ · 7h
EU accelerates plans to break up diplomatic serviceFT · 7h
The wrong way to revive Venezuela’s economyFT · 7h
China’s Xi Bolsters Mideast Ties With Egypt Visit Ahead of Planned U.S. TripWSJ · 7h
How refugee camps become mini-economiesFT · 8h
Energy price surge hits bond markets as European gas reaches three-year highFT · 8h
California opines on who profits from wildfires but not on who paysFT · 8h
Opinion | The Navy’s Overstretched Carrier FleetWSJ · 8h
The Restore Britain backer who once gave money to the Lib DemsFT · 8h
Himalayan Disaster Tests China’s Clout as Regional LeaderWSJ · 8h
Morocco in spotlight as Spanish police report sparks Ceuta blame gameFT · 8h

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 · 8h

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 · 9h
Tory attempts to repeal the UK Climate Act are tin-earedFT · 9h
Burnham tries to calm bond markets as public spending fears mountFT · 9h
In Daylight Raid Backed by Drones, Israel Seizes Senior Hamas MilitantWSJ · 10h
Dubai’s international schools reopen in test of confidenceFT · 10h
Opinion | Trump’s Policy on Venezuela Could Entrench an OligarchyWSJ · 10h
Best High-Yield Savings Accounts for September 2026: Up to 4.50%WSJ · 11h
U.S. Says It’s Fed Up With China’s Overcapacity—and More Countries AgreeWSJ · 12h

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 · 13h
Germany Blames Russia for Explosive Drones Sent to Leipzig AirportWSJ · 14h
Treasury Yields Hit New Highs as World Leaders Squabble at Fractured G-20WSJ · 15h

Business

Judge Sharply Questions New York City Landlords on Rent-Freeze ChallengeWSJ · 1h
Elliott builds stake in Deutsche Telekom and opposes T-Mobile US mergerFT · 1h
Five Below Raises Outlook as Sales Gain on Trendy ProductsWSJ · 2h
Uber and Wayve to Start Testing Robotaxis in LondonNYT · 2h
Ford’s $30,000 EV Truck Sets Ambitious Goal: 100,000 Sales in Year OneWSJ · 2h
Broadcom Third-Quarter Profit Soars on Growing Custom Chip DemandWSJ · 2h
Steve Ballmer banned by NBA over improper payment to basketball starFT · 2h
Mac-and-Cheese Disruptor Goodles to Be Acquired by BarillaWSJ · 2h
PVH Second-Quarter Revenue Falls on Pressure From Iran WarWSJ · 2h
Plane Carrying Homeland Security Chief Markwayne Mullin Makes Emergency LandingWSJ · 3h
Energy & Utilities Roundup: Market TalkWSJ · 4h
Chevron to double Venezuela oil production with $7bn pledgeFT · 4h
JPMorgan curbed lending to Jane Street as trading firm muscled into bondsFT · 4h
HPE Boosts Outlook as AI Demand Drives Surge in Third-Quarter ProfitWSJ · 4h
Investors Still on Edge Over War, Debt and InflationNYT · 4h
Google Avoids Breakup of Dominant Ad BusinessWSJ · 4h
Southwest to Open Premium Airport Lounges Across the CountryNYT · 5h
Google spared break-up of online advertising monopolyFT · 5h
Thoma Bravo-Owned Proofpoint in Advanced Talks to Buy VaronisWSJ · 5h
U.S. Government Backs OpenAI in Copyright Fight With PublishersWSJ · 6h
Trump administration backs OpenAI in New York Times copyright battleFT · 6h
Trump’s Tactics to Lower Beef Prices and Appease Ranchers Fall ShortNYT · 6h
Chevron to Invest $7 Billion in Venezuela, Doubling ProductionWSJ · 6h
FiveThirtyEight’s Podcast Hosts Reunite for a New ShowNYT · 7h
The wrong way to revive Venezuela’s economyFT · 7h
Uber’s $15 Billion Takeover Bid Gets Delivery Hero Board BackingWSJ · 8h
BP gets the chair it wants rather than the one it neededFT · 8h
Two More Oil Tankers Are Attacked in the Strait of HormuzNYT · 8h
California opines on who profits from wildfires but not on who paysFT · 8h
Aurora Cannabis Rejects Curaleaf Offer as InadequateWSJ · 8h
AI spots cyber gaps faster than financial firms can fix themFT · 8h
Chevron Expansion in Venezuela Extends U.S. Influence Over Oil RichesNYT · 8h
Uber to axe 10% of its workforce in biggest cuts since pandemicFT · 8h

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 · 9h
U.S. Crude Oil Stockpiles See Larger-Than-Expected DropWSJ · 9h
Global Bond Rates Are Rising. What Should You Do Now?NYT · 9h
UK mortgage borrowers urged to lock in deals before rates riseFT · 9h
ENRC settles with UK prosecutors and former lawyers over abandoned probeFT · 9h
A vital tenet of US equity markets is under threatFT · 10h
Japan Activation Capital Pushing Companies to Take Risks, From WithinWSJ · 10h
Opinion | Aluminum Tariffs Harm U.S. ManufacturersWSJ · 10h
Opinion | Trump’s Policy on Venezuela Could Entrench an OligarchyWSJ · 10h
Advent International Looking for More Australia, New Zealand Healthcare OpportunitiesWSJ · 10h
Southwest Airlines Jumps Into the Airport Lounge CompetitionWSJ · 11h
Southwest Airlines Jumps Into the Airport Lounge CompetitionWSJ · 11h
Ukraine tells airlines to stop using Russian airspaceFT · 11h

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.

How to Spend Six Years Inventing a $499 Toothbrush With ‘No Idea’ of the MarketWSJ · 11h
Brown-Forman Quarterly Sales Slip on Tequila SlowdownWSJ · 11h
FT Wealth: SeptemberFT · 12h
Saturday Evening Post Will Stop Printing After 205 YearsNYT · 12h
Bill Simmons’s Co-Hosts Are Tired of His A.I. AnticsNYT · 12h
AIG’s Zaffino Stepping Down as Chairman, Joining PalantirWSJ · 13h
OpenAI’s Astra Model Can Hack With Minimal Human HelpWSJ · 13h
Trucking Crackdown Accelerates in U.S.WSJ · 13h
The Morning Risk Report: The Island Paradise That Is a Secret Hub for Russian Sanctions EvasionWSJ · 14h
Indonesia’s lessons for the global energy transitionFT · 14h
How Brunswick Is Using AI and Marine Cruise Control to Raise Prices on BoatsWSJ · 14h
AI Startup Wonderful Hits $5 Billion Valuation, Plans 1,000-Strong TeamWSJ · 14h
Blackstone Backs Cybersecurity Startup Huskeys to Fight Unwanted AI TrafficWSJ · 14h
FirstFT: US-Iran hostilities reignite surge in energy pricesFT · 14h
Ford aims for Nato defence deals as it bids to build UK’s new military vehicleFT · 15h
The best, worst and strangest ways AI is really being used at workFT · 15h
Treasury Yields Hit New Highs as World Leaders Squabble at Fractured G-20WSJ · 15h
Soccer Metaphors, Sunday Calls—How Voya’s CEO Guides Her TeamWSJ · 15h
Ryanair Cuts Traffic Target to Reduce Exposure to Unhedged Winter OilWSJ · 15h
Your Nonalcoholic Beer May Actually Have Some Alcohol in ItWSJ · 15h
Elon Musk Wants to Make Power-Turbine Components. It Won’t Be Easy.WSJ · 15h
Your Nonalcoholic Beer May Actually Have Some Alcohol in ItWSJ · 15h
Get to Know Your Phone’s Built-In Emergency KitNYT · 16h
Inside the Fight Against a Flesh-Eating Fly in MexicoNYT · 16h
The Conservative Radio Hosts Dominating the AirwavesWSJ · 16h
The Conservative Radio Hosts Dominating the AirwavesWSJ · 16h
Ryanair warns of higher fares as it cuts winter flightsFT · 16h
BP Names Replacement for Chairman Ousted Over Bullying ConcernsWSJ · 17h
EV batteries last longer than drivers fearedFT · 17h
Volvo Car Sales Slip on China, U.S. WeaknessWSJ · 17h
Bvlgari’s Laura Burdese: ‘We don’t have this anxiety to keep on launching things’FT · 18h
Italian Gaming Group Lottomatica to Merge With Spain’s CirsaWSJ · 18h
BP names new chair as it tries to move on from Albert ManifoldFT · 18h
TPG Files Confidential IPO Application for Malaysia Hospital Assets Valued at Around $8 BillionWSJ · 19h
Germany loses its shine in the EU’s quest for green investmentFT · 20h
At G20 Meeting, Scott Bessent Accuses China of Flooding the World With Cheap ExportsNYT · 21h
Missouri Voters Appear to Recall City Councilman Over Data Center SupportNYT · 22h
Apple to Give New CEO $3 Million SalaryWSJ · 22h
Apple to Give New CEO $3 Million SalaryWSJ · 22h
Trump Wants Big Oil to Build More Refineries. That’s a Tough Sell.WSJ · 23h
Shein’s Lackluster Debut Shows a Fast-Fashion Model Left BehindNYT · 23h

Markets & Economy

There Are Four Forces Pressuring Bonds: War Is No. 1WSJ · 4m
Yen Consolidates; May Be Supported by Lingering Risks of FX InterventionWSJ · 23m
Nikkei Rises 0.1%, Led by Trading Houses, Financial StocksWSJ · 29m
Yen Surge Puts Traders on High Alert for InterventionBBG · 33m
Congo Ebola Outbreak: Health Worker ‘Ghost’ Pay Disputes Hamper ResponseBBG · 41m
Natixis Raises Japan Stocks Allocation, Cuts US Equity ExposureBBG · 44m
Dollar Debasement Is Favoring Singapore’s Currency, Analysts SayBBG · 1h
World’s Unusually High Dollar Exposure Risks Fueling SelloffBBG · 1h
Gold Holds Gain as Trump’s War Comments Ease Inflation JittersBBG · 1h
Oil Futures Fall on Likely Technical CorrectionWSJ · 1h
Meituan’s 500% Estimate Surge May Revive China Delivery StocksBBG · 1h
ING Told to Add Capital by Australia Watchdog After FailingsBBG · 1h
Japan’s 30-Year Bond Auction Risks Adding Fuel to Debt SelloffBBG · 1h
Malaysia Johor Regent TMJ’s Plan to Sell Singapore Land Clouded by Huge Tax BillBBG · 2h
Five Below Lifts Outlook, Aims to Ramp Up Appeal to Gen AlphaBBG · 2h
Petco Services, Auto-Ship Sales Grow as Turnaround ContinuesBBG · 2h
Asian Stocks Advance as Oil Slips, Yen in Focus: Markets WrapBBG · 2h
Latest Oil Market News and Analysis for Sept. 3BBG · 3h
The WSJ Dollar Index Falls 0.21% to 95.70WSJ · 3h
NBA Suspends Clippers Owner Ballmer After Leonard Salary ProbeBBG · 3h
Basic Materials Roundup: Market TalkWSJ · 4h
Shaquille O’Neal Kicks off College Tour on CreditBBG · 4h
Deadly Flooding in Nepal Highlights Asia’s Climate VulnerabilityBBG · 4h
Auto & Transport Roundup: Market TalkWSJ · 4h
Australian Earnings Beat Estimates for First Time in Four YearsBBG · 4h
Financial Services Roundup: Market TalkWSJ · 4h
Energy & Utilities Roundup: Market TalkWSJ · 4h
Chevron to double Venezuela oil production with $7bn pledgeFT · 4h
U.S. Stocks Rise as Oil Gains on Iran EscalationWSJ · 4h
JPMorgan curbed lending to Jane Street as trading firm muscled into bondsFT · 4h
Founder of Private-Company Investment Firm Charged With Defrauding InvestorsWSJ · 4h
Stocks Rise As Middle East Tensions FrayWSJ · 4h
Canada Blew Up Trade Deal at Last Minute, Lutnick SaysBBG · 5h
Thoma Bravo-Owned Proofpoint in Advanced Talks to Buy VaronisWSJ · 5h
U.S. Natural Gas Futures Rise Ahead of Storage DataWSJ · 5h
Oil Futures Extend Gains on Renewed U.S.-Iran StrikesWSJ · 5h
Fed Beige Book Shows Modest Growth, Mixed SentimentBBG · 5h
U.S. Stocks Climb as Bond Yields Stay in SpotlightWSJ · 6h
Winter Is Approaching and Europe Is Running Low on Natural GasWSJ · 6h
Fed’s Beige Book Shows Economic Activity Up ModestlyBBG · 6h
Highlights From the Messy Divorce Trial of a Hedge-Fund TitanWSJ · 7h
Dutch central bank moves gold bars out of New York over ‘geopolitical unrest’FT · 7h
The wrong way to revive Venezuela’s economyFT · 7h
Energy price surge hits bond markets as European gas reaches three-year highFT · 8h
BP gets the chair it wants rather than the one it neededFT · 8h
Fed Watchdog Flags Questions Around Confidential InformationBBG · 8h
AI spots cyber gaps faster than financial firms can fix themFT · 8h
US Lawmakers Pass Africa Trade Preference Extension to 2028BBG · 8h
Energy Prices Surge, Reviving Inflation Fears as Winter NearsBBG · 9h
In Surprise Twist, California Lawmakers Fail to Pass Watered-Down Wildfire BillWSJ · 9h
Borrowing Isn’t the Bond Market’s Only Concern—Growth Is TooWSJ · 9h
Danish Central Bank Intervenes Again to Defend Currency PegBBG · 9h
Burnham tries to calm bond markets as public spending fears mountFT · 9h
A vital tenet of US equity markets is under threatFT · 10h
Bessent Leaves BOJ in No-Win Situation Over Japan Rate HikesBBG · 10h
Investor David Booth on Life, Stocks and (Not) Trying to Beat the MarketWSJ · 11h
Yen’s Spike Leaves Traders Guessing About InterventionBBG · 11h
Bank of Canada Holds Rates and Flags Inflation Risks; Bonds DropBBG · 11h
Spain’s Push on Undocumented Migrants Distorts Labor StatisticsBBG · 11h
Fed’s Warsh Lays Out Data Dashboard to Read US EconomyBBG · 11h
Fed’s Williams Says Inflation Continuing to Trend DownBBG · 12h
ADP Says US Companies Added 38,000 Jobs in AugustBBG · 12h
Dutch Shift Gold to London From US on Geopolitical UnrestBBG · 12h
US Companies Added 38,000 Jobs in August, ADP Data ShowBBG · 12h
What Japan’s bond sell-off means for global marketsFT · 13h
Apollo’s Slok Says US Yields Set to Rise on Iran War, TariffsBBG · 13h
G20 Examines Debt Distress in Others, While Ignoring Own ChallengesBBG · 14h
Indonesia’s lessons for the global energy transitionFT · 14h
Ghana Inflation Resumes Upswing, Supports Case for Rate HoldBBG · 14h
Broadcom’s AI Success Story Gets ComplicatedWSJ · 14h
Elon Musk Wants to Make Power-Turbine Components. It Won’t Be Easy.WSJ · 15h
Stock Market News, Sept. 2, 2026: Treasury Selloff Pauses While Stocks RiseWSJ · 16h
European Equities Mixed in Muted TradeWSJ · 17h
BP names new chair as it tries to move on from Albert ManifoldFT · 18h
France’s debt crisis-in-waitingFT · 19h
So how big *was* Bessent’s yentervention?FT · 20h
Back to school: meet PE’s new headmastersFT · 21h
Advisory firm Interpath looking for its own US dealFT · 21h
Russia secretly helping Iran develop supersonic missilesFT · 21h
Shein finally launched its cut-price IPO. Now comes the hard partFT · 21h
Japan Vows to Keep Eye on Yen as Inflation Fears RiseWSJ · 23h

Tech

Tech CEOs, Trump Administration Ask G-20 to Adopt Pro-AI PoliciesWSJ · 3h
Microsoft to Change Reporting Structure to Reflect Effects of AIWSJ · 3h
Health Care Roundup: Market TalkWSJ · 4h
Google Avoids Breakup of Dominant Ad BusinessWSJ · 4h
Google spared break-up of online advertising monopolyFT · 5h
Students and opposition activists targeted with spyware in SerbiaFT · 5h
U.S. Government Backs OpenAI in Copyright Fight With PublishersWSJ · 6h
Trump administration backs OpenAI in New York Times copyright battleFT · 6h
Time is running out for the leap secondFT · 7h
New York City Temporarily Bans AI in Classrooms Through Middle SchoolWSJ · 7h
AI spots cyber gaps faster than financial firms can fix themFT · 8h
Uber to axe 10% of its workforce in biggest cuts since pandemicFT · 8h

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 · 11h

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 · 12h
Germany blames Russia for Leipzig drone attackFT · 13h
AI Startup Wonderful Hits $5 Billion Valuation, Plans 1,000-Strong TeamWSJ · 14h
Broadcom’s AI Success Story Gets ComplicatedWSJ · 14h
The best, worst and strangest ways AI is really being used at workFT · 15h
AI sounds the death knell for audit fee inflationFT · 21h
The race to stop AI from designing bioweaponsFT · 21h
National data centre projects are consolidating America’s AI leadFT · 21h

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 firms14h
Kroenke Sports & Entertainment will acquire MLB team Los Angeles Angels from the Moreno family at a $4B valuation14h
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 control14h
Veritas Capital will acquire UK industrial heat treatment specialist Bodycote for $2.2B after raising its bid above CVC's14h
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 valuation14h
Azerbaijan's state-owned oil firm SOCAR will acquire stakes in Comstock Resources' Haynesville shale assets and related midstream business for $1.65B cash14h
PE firm Epiris agreed to buy UK's Gamma Communications for $1.4B following a months-long takeover saga14h
Yellow Wood Partners will acquire food giant Nestle's mainstream vitamins and supplements business for $1B14h
H.I.G. Capital is exploring a $1B sale of drug manufacturer Rising Pharmaceuticals14h
Yogurt maker Chobani will re-acquire a stake from Keurig Dr Pepper along with a manufacturing facility for $925M14h
$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 firm14h
Student housing operator The Scion Group and Ares bought four student housing communities in the South from Schenk+ for $435M14h
Norwegian oil firm DNO agreed to buy UK's Capricorn Energy for $395M after outbidding rival Genel Energy14h
Starman Optical will acquire GoPro for $285M cash at a 30% premium14h
Shell will take full ownership of Tennessee-based convenience store operator Tri Star Energy from majority owners The Parman Corporation and Kimbro Oil Company14h
UAE developer Binghatti is in talks with a major entity on partnerships worth billions of dollars after it suspended IPO plans14h
French lender SocGen will acquire telecom Altice's 50% stake in OXG, a German fiber JV with Vodafone14h
South African grocer Shoprite acquired the Vida e Caffè coffee chain and a majority stake in telecom vending machine firm R&A Cellular14h
Bombardier will acquire a Canadian factory from supplier Mitsubishi Heavy Industries14h

VC

AI coding startup Cognition is set to raise a $1B round at a $47B valuation14h
Cornerstone Robotics, a Hong Kong–based surgical robotics company, raised a $700M strategic investment from Medtronic14h
Israeli HR software firm HiBob raised a $166M round at an over $3.2B valuation led by Salesforce14h
Felix Pago, a stablecoin remittance company, raised a $200M Series B led by a16z14h
Physical Superintelligence, an AI-native physics lab and virtual physicist platform, raised a $58M seed round led by Breakthrough Energy Ventures14h
AIR, an AI security startup, raised $50M across two seed rounds led by Sequoia and Greenoaks respectively14h
Light, the power company enabling embedded electricity products for businesses, raised a $46M Series A led by Matrix14h
SciFin, a revenue-context startup for sales and RevOps, raised a $44M seed round co-led by Altimeter and Madrona14h
Empirik.ai, an autonomous infrastructure engineering startup, raised a $21M seed round from Sequoia, S32, Canapi Ventures, and Alumni Ventures14h
Stack Health, an alternative to group health insurance startup, raised a $21M seed round led by 8VC14h
Norbert Health, a physical AI control system for healthcare, raised a $14M Series A led by William A. Marino with Cardinal Group14h
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 Capital14h
Frontier Computing, a living brain-cell computing startup, raised a $10M pre-seed round led by General Catalyst14h
Visko, an AI research company pioneering Live Models, raised a $10M pre-seed round led by Llama Ventures14h
Entity, a gaming infrastructure startup, raised a $5.8M seed round from Delta Partners, Elkstone Partners, and others14h

IPOs / Listings / Issuances / Block Trades

Indian auto parts maker Victura Technologies is in talks to raise $300M in an India IPO14h
SoftBank-backed data center firm SB Energy filed for an IPO14h
Philippine fast-food giant Jollibee Foods will change its IPO location for its international unit from US to Hong Kong14h

Debt

South Korea plans to sell a near-record $162B of bonds in 2027 to fund fiscal agenda14h
Saudi Arabia sold $3.25B of dollar bonds14h
AI cloud firm Nscale raised a $3B DDTL led by JPMorgan and Goldman Sachs14h

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 IMF14h
A judge ruled FDIC isn't required to return $1.7B to creditors of failed Silicon Valley Bank14h
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 control14h

Reforma

Turnan al Senado filtro militar a inversión extranjeraNacional · 1h
Frenan eventual juicio contra Ruffo por huachicol fiscalNacional · 1h
Hablan Ebrard y CEO de Nvidia sobre la IANegocios · 2h
Adquirí lujos por 'patrimonio familiar', dice SecretariaPortada · 4h
Proponen diputados aumentar impuesto a cervezaPortada · 4h
Preocupa a expertos filtro militar a la IEDPortada · 14h
Pide Sheinbaum humildad, y en turismo puro lujoPortada · 14h
Exhibe apagón fragilidad de la CFE en la PenínsulaPortada · 14h
Más impuestos al alcohol, snacks, sopas, enlatados...Portada · 14h