news

Monday, September 7

World

Opinion | Mamdani Denounces an Indian NonprofitWSJ · 24m
Opinion | What Trump Could Learn From BushWSJ · 31m
Opinion | Europe Hits the Snooze ButtonWSJ · 31m
Trump calls for US boycott of Canada’s Bombardier jetsFT · 1h
Merz in ‘shock’ as far-right AfD celebrates ‘dream result’FT · 2h
UK ministers to be encouraged to take more legal risks to push through policiesFT · 3h
John Healey seeks to reassure bond markets as fiscal problems growFT · 4h
Germany’s Merz is running out of timeFT · 4h
Iran’s Oil Dollars Are Drying Up—and Plunging It Deeper Into CrisisWSJ · 4h
Pricey oil is laying the groundwork for its own declineFT · 4h
After Far-Right Triumph, Merz Faces Narrow Path to Save His GovernmentWSJ · 4h
Belgium’s Arrest of Alleged Chinese Chip-Tech Thief Fuels European Fear of BeijingWSJ · 4h
Billionaire trader Rokos to leave UK for GreeceFT · 5h
What to do about the UK’s mental health crisisFT · 5h
Primetime — Robert Pattinson is silkily vampiric as a TV paedophile-hunterFT · 5h
Belgian-Chinese researcher arrested over suspected theft of chip secretsFT · 6h
Oil closes in on $100 as renewed supply crunch loomsFT · 6h
Yen surges to 6-month high as traders stay alert for signs of interventionFT · 6h
What next for Alternative for Germany after its victory in Saxony-Anhalt?FT · 6h
Republicans fear Trump has turned toxic on the campaign trailFT · 6h
Opinion | Iran’s Approach to Warfare Mirrors the Fabian StrategyWSJ · 7h
Law schools tell students to put AI awayFT · 7h
Top Serbian officials attend funeral of war criminal Ratko MladićFT · 7h
Submit your questions: is Trump losing his touch?FT · 7h
Chinese Company Draws Fire for Laying Off 100 Grads a Month After Hiring ThemWSJ · 8h
‘Chimerica’ is now a chimera — and global stability is the victimFT · 8h
North Korea Says Toppled Warship That Embarrassed Kim Is DeployedWSJ · 9h
Vox rides high in Spain over Ceuta migrant crisisFT · 9h
Next wins ‘landmark’ judgment in UK retail’s multibillion equal pay battleFT · 9h
A German election result heard around the worldFT · 9h
Canada is fated to try to do deals with TrumpFT · 10h
China’s Global Strategy Under Xi Jinping — the plan to shift power from the westFT · 10h
Shipping through Panama Canal faces new cuts as water dries upFT · 10h
Saudi Aramco oil facilities hit in new strikesFT · 11h
Eurozone Economy Surged as War Ignited Energy PricesWSJ · 12h
There’s a Legal Fight Brewing at OktoberfestWSJ · 12h
China’s Foreign Exchange Reserves Continue to ClimbWSJ · 12h
After Far-Right Election Breakthrough, Germany’s Merz Faces Painful DilemmaWSJ · 14h
German Industrial Production Contracts on Auto Sector SlowdownWSJ · 15h
Beijing to Inject More Than $50 Billion Into Banks, Insurers to Boost GrowthWSJ · 19h
How Ukrainian Drone Strikes Are Pounding Russia’s EconomyWSJ · 20h
Opinion | The AfD Rises on the German RightWSJ · 23h
Opinion | Democrats Want John Fetterman ‘on a Pike’WSJ · 23h

Business

Amazon Plane Crash Probe Examines Aircraft Speed, Runway SafeguardsWSJ · 5m
EverBank to Combine With WaFd to Create $75 Billion BankWSJ · 1h
Opinion | Pablo Torre 1, Mark Cuban 0WSJ · 1h
Robinhood Wins a New Role in the Oura IPO: UnderwriterWSJ · 1h
The Heart Drug Pelacarsen Fails, Shocking Novartis and CardiologistsNYT · 3h
Pricey oil is laying the groundwork for its own declineFT · 4h
Oil Prices Rise After U.S. and Iran Trade StrikesNYT · 4h
Billionaire trader Rokos to leave UK for GreeceFT · 5h
Africa’s richest man seeks to raise $1.6bn in continent’s biggest IPOFT · 5h
WYouth, New Magazine for Teens, Debuts With Justin and Hailey Bieber CoverNYT · 5h
The World Can’t Get Enough of These Japanese SneakersWSJ · 5h
The World Can’t Get Enough of These Japanese SneakersWSJ · 5h
Belgian-Chinese researcher arrested over suspected theft of chip secretsFT · 6h
Oil closes in on $100 as renewed supply crunch loomsFT · 6h
U.S. Gasoline Prices Hit Labor Day RecordWSJ · 6h
Cargo Plane Crashes at Miami Airport, Striking VehiclesNYT · 6h
CCRCs Are Expanding Retirement Home Care to Seniors’ Own HomesNYT · 6h
The Panama Canal’s New Boss Inherits a Drought and a Bidding War for Transit SlotsWSJ · 6h
Opinion | Data Centers: National Necessity or Nuisance?WSJ · 7h
Law schools tell students to put AI awayFT · 7h
‘Go Get Your Kicks’: The Europeans Obsessed With a U.S. HighwayNYT · 8h
Chinese Company Draws Fire for Laying Off 100 Grads a Month After Hiring ThemWSJ · 8h
VW agrees deal to shift plant from cars to air defenceFT · 9h
Volkswagen Factory to Become Defense Plant in Deal With Israel’s AureliusWSJ · 9h
Next wins ‘landmark’ judgment in UK retail’s multibillion equal pay battleFT · 9h
Amazon Cargo Plane Overshoots Runway in Miami, Killing Five PeopleWSJ · 9h
Range Rover Maker to Cut 4,000 Jobs as Trump’s Tariffs BiteWSJ · 9h
Range Rover Maker to Cut 4,000 Jobs as Trump’s Tariffs BiteWSJ · 9h
Deutsche Bank settles €152mn lawsuit with former executiveFT · 9h
US shale pioneer takes fracking to Australia’s remote gas frontierFT · 9h
Energy & Utilities Roundup: Market TalkWSJ · 10h
Tech, Media & Telecom Roundup: Market TalkWSJ · 10h
Shipping through Panama Canal faces new cuts as water dries upFT · 10h
Saudi Aramco oil facilities hit in new strikesFT · 11h
FirstFT: Germany’s far-right AfD surges to first place in state electionsFT · 11h
US voters reel as fuel prices hit Labor Day record highFT · 11h
AI computing demand may never be sated, says CEO of Nvidia partner IrenFT · 11h
How carrots became the answer to Gatorade’s RFK Jr problemFT · 11h
China pumps $54bn into banks and insurersFT · 11h
There’s a Legal Fight Brewing at OktoberfestWSJ · 12h
Hermès Has Big Watchmaking Ambitions. The Cult of the Birkin Is Getting in the Way.WSJ · 12h
Social Media in China Is Getting Really DarkNYT · 12h
Rivian R2 Review: A Tidier (in Size and Price) SUV Is Ready for the SuburbsNYT · 12h
Iran to raise petrol prices as US war triggers shortagesFT · 13h
European Gas Climbs on LNG Supply Concerns Ahead of WinterWSJ · 13h
Indonesia shuts airports as volcano eruptsFT · 13h
Guggenheim unit warned over internal controlsFT · 16h
Modi fails to dull gold’s lustre in IndiaFT · 17h
EssilorLuxottica overhauls management after rift with founder’s sonFT · 17h
Venezuela-US oil deal risks violating local lawFT · 17h
Why America’s debt binge is starting to matterFT · 17h
How Canadian companies are navigating Trump’s tariffsFT · 17h
Upset About Data Centers? Big Tech and Trump Think You’re a Socialist DupeWSJ · 21h
Opinion | The Teamsters Return to Ugly TypeWSJ · 23h

Markets & Economy

Sapporo Breweries CSO on Tariffs, Iran WarBBG · 57m
EverBank to Combine With WaFd to Create $75 Billion BankWSJ · 1h
Robinhood Wins a New Role in the Oura IPO: UnderwriterWSJ · 1h
Bathla Group Collapse: What Happens to Homebuyers and Their Deposits?BBG · 1h
Why Are Japan’s Bond Yields Rising? What’s Driving the SurgeBBG · 1h
Pricey oil is laying the groundwork for its own declineFT · 4h
Africa’s richest man seeks to raise $1.6bn in continent’s biggest IPOFT · 5h
High Expectations Leave Stocks Vulnerable: NoviskisBBG · 5h
LME Copper Prices Hit Record on Supply Issues, U.S. Tariff ConcernsWSJ · 5h
France Champagne Output Set to Halve on Heat Waves and DroughtBBG · 5h
Portugal Gets €1.5 Billion EIB Loan to Ease Its Housing CrunchBBG · 5h
Dangote Courts Retail Investors With $4 Entry to Record IPOBBG · 5h
Oil closes in on $100 as renewed supply crunch loomsFT · 6h
Yen surges to 6-month high as traders stay alert for signs of interventionFT · 6h
Mélenchon Fumes at ECB Rate Hikes After Calling for Debt WipeoutBBG · 6h
Cerba Bank Debt for Sale as $5.8 Billion Restructuring ProgressesBBG · 6h
Oil Extends Gains on Middle East Attacks; U.S. Gas Prices at Record High for Labor DayWSJ · 6h
Copper Hits All-Time High Amid Tariff Turmoil, Mine StrugglesBBG · 6h
Hunter Biden (and His Laptop) Enter the Cryptosphere With New Meme CoinWSJ · 7h
Canada Set to Hit at Trump Tariffs, Risking Wider Trade WarBBG · 7h
Gold Under Pressure With This Week’s Inflation Data in FocusWSJ · 7h
Chile Copper Shipments Sink to One-Year Low Despite Price RallyBBG · 7h
South Africa’s Economy Seen Ending Longest Growth Run in DecadeBBG · 7h
Iceland Finance Chief Spars With Central Bank Over Price DriversBBG · 7h
Deutsche Bank’s Allen Says Traders Are Wrong on Rates or PricesBBG · 7h
Stock Funds Are Up 12.6% for Year So FarWSJ · 7h
Institutional Investors Move Markets. Here’s How to Read Their Signs.WSJ · 7h
Mercuria and Gunvor Profits More Than Double on War VolatilityBBG · 8h
South Africa Seeks Advisers for Eskom Transmission Unit Spin-OffBBG · 8h
Oil Higher on Hormuz Escalation, Weighing on SentimentWSJ · 8h
Spider-Man, Odyssey Help Power Box Office ComebackBBG · 8h
Jio Platforms Said to Start Marketing Record India IPO Next WeekBBG · 9h
Jefferies Fund Seeks Radiant World Asset Freeze in SingaporeBBG · 9h
Polish Stocks Beat US and European Peers as Foreigners Pile InBBG · 9h
Health Care Roundup: Market TalkWSJ · 9h
Basic Materials Roundup: Market TalkWSJ · 9h
US shale pioneer takes fracking to Australia’s remote gas frontierFT · 9h
Financial Services Roundup: Market TalkWSJ · 10h
Tech, Media & Telecom Roundup: Market TalkWSJ · 10h
China Central Bank Adds Most Gold Since 2023 Even as Prices JumpBBG · 10h
Sterling Edges Higher After U.K. Treasury Chief SpeechWSJ · 10h
Rise in German Bund Yields Almost Entirely Due to ECB Rate-Hike ProspectsWSJ · 10h
Fed Latest: Warsh’s speech contrasts with New York Fed president’s takeBBG · 10h
Saudi Aramco oil facilities hit in new strikesFT · 11h
Yen Climbs to Six-Month High as Rate Outlooks ShiftWSJ · 11h
Global Reserves Shift From Dollar Overstated, NY Fed Study SaysBBG · 11h
US voters reel as fuel prices hit Labor Day record highFT · 11h
Hermès Has Big Watchmaking Ambitions. The Cult of the Birkin Is Getting in the Way.WSJ · 12h
Young People Are Obsessed With This Simple Retirement-Savings FormulaWSJ · 12h
China’s Foreign Exchange Reserves Continue to ClimbWSJ · 12h
UK Chancellor Healey Vows Fiscal Rigor in First Big SpeechBBG · 12h
Euro-Zone Growth Upgraded After Bumper Quarter for IrelandBBG · 12h
European Chip Stocks Rise, Buoyed By Asian PeersWSJ · 13h
Iran to raise petrol prices as US war triggers shortagesFT · 13h
European Gas Climbs on LNG Supply Concerns Ahead of WinterWSJ · 13h
South Africa Quarterly Farm Exports Surge, US Shipments RiseBBG · 14h
European Stocks Muted as Oil Prices Climb and Novartis FallsBBG · 14h
France’s Lescure Says Vast Effort Needed to Contain Budget GapBBG · 14h
German Industry Output Unexpectedly Drops Most in Almost a YearBBG · 15h
Everything is awesomeFT · 16h
Oil Rises as Escalating U.S.-Iran Conflict Stokes Supply Disruption FearsWSJ · 16h
Could the DMO take the BoE’s long gilts off their hands?FT · 16h
Modi fails to dull gold’s lustre in IndiaFT · 17h
Venezuela-US oil deal risks violating local lawFT · 17h
Why America’s debt binge is starting to matterFT · 17h
Bonds have become bonds againFT · 17h
Tax losses have become a hot property in sports M&AFT · 17h
FNZ: the Credit Suisse spinout haemorrhaging cashFT · 17h
Big US university endowments outperform S&P 500 indexFT · 17h
Russia’s uranium push raises concern over nuclear fuel supplyFT · 17h
ArcelorMittal faces green steel price test at flagship low-carbon plantFT · 17h
Thai Inflation Accelerates More Than Expected to 2.53%BBG · 18h
EM Stocks Jump to Highest Since June as Tech Offsets Higher OilBBG · 18h
Gold Edges Lower as Traders Focus on Oil Price Swings and DollarBBG · 22h
UK Hiring Accelerates for the First Time in Four YearsBBG · 22h
Healey to Pitch UK Regional Growth Plus Fiscal DisciplineBBG · 22h
Manchester to Keep Booming Without Burnham as Mayor, Study SaysBBG · 22h
US Stocks Slip as Oil Gains Keep Traders Cautious: Markets WrapBBG · 23h
Latest Oil Market News and Analysis for September 7BBG · 23h

Tech

Belgium’s Arrest of Alleged Chinese Chip-Tech Thief Fuels European Fear of BeijingWSJ · 4h
Belgian-Chinese researcher arrested over suspected theft of chip secretsFT · 6h
Law schools tell students to put AI awayFT · 7h
CXMT Highlights Smartphone, AI Advances as Market Share ClimbsWSJ · 11h
AI computing demand may never be sated, says CEO of Nvidia partner IrenFT · 11h
Insilico’s Co-CEO Has Big Hopes That Fibrosis Drug Can Reverse Aging TooWSJ · 12h
Why America’s debt binge is starting to matterFT · 17h
John Ternus’s first test at Apple: selling a $2,000 foldable iPhoneFT · 17h
Upset About Data Centers? Big Tech and Trump Think You’re a Socialist DupeWSJ · 21h

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

Hallan en bodega de Farías armas y documentos clasificadosNacional · 34m
Sube crudo Brent 1.1%, a 97.31 dólaresNegocios · 1h
México no es colonia de nadie, responde CSP a mapa de TrumpNacional · 2h
Arremete Aguilar contra anterior Corte; defiende autonomíaPortada · 3h
Detienen a Alcalde y su hermano por extorsión en PueblaPortada · 4h
Pone Trump, ahora, a México y Canadá como parte de EUPortada · 4h
Condona Infonavit, pero sube morosidadPortada · 10h
Alertan de credibilidad en presupuesto 2027Negocios · 10h
Cuesta extorsión $91,800 millonesPortada · 10h
Salvan alianza aérea... pero falta EUPortada · 10h