news

Monday, September 7

World

The Trillion-Dollar Bright Spot in China’s Economy: TourismWSJ · 54m
See How Drones Are Infiltrating NATO Territory in EuropeWSJ · 54m
Yen surges to six-month high as traders stay alert for signs of interventionFT · 1h
India’s National Stock Exchange to list after finally clearing IPO hurdlesFT · 1h
Korea’s AI property boom puts pressure on presidentFT · 2h
British voters oppose welfare cuts for disabled people, survey findsFT · 3h
UK competition watchdog seeks to work with MoD to curb bid-riggingFT · 3h
Greenland Seeks to Turn Peril Into Profit After Trump’s Threats to Take It OverWSJ · 3h
Trump calls for US boycott of Canada’s Bombardier jetsFT · 4h
UK set to announce trade ban on Israeli settlements in the West BankFT · 4h
FirstFT: Oil prices near $100 as renewed supply crunch loomsFT · 5h
Opinion | Mamdani Denounces an Indian NonprofitWSJ · 5h
Opinion | What Trump Could Learn From BushWSJ · 5h
Opinion | Europe Hits the Snooze ButtonWSJ · 5h
What next for one of India’s biggest banks after top two leaders quit?FT · 5h
Merz in ‘shock’ as far-right AfD celebrates ‘dream result’FT · 7h
UK ministers to be encouraged to take more legal risks to push through policiesFT · 8h
John Healey seeks to reassure bond markets as fiscal problems growFT · 9h
Germany’s Merz is running out of timeFT · 9h
Iran’s Oil Dollars Are Drying Up—and Plunging It Deeper Into CrisisWSJ · 9h
Pricey oil is laying the groundwork for its own declineFT · 9h
After Far-Right Triumph, Merz Faces Narrow Path to Save His GovernmentWSJ · 9h
Belgium’s Arrest of Alleged Chinese Chip-Tech Thief Fuels European Fear of BeijingWSJ · 9h
Billionaire trader Rokos to leave UK for GreeceFT · 9h
What to do about the UK’s mental health crisisFT · 10h
Primetime — Robert Pattinson is silkily vampiric as a TV paedophile-hunterFT · 10h
Belgian-Chinese researcher arrested over suspected theft of chip secretsFT · 10h
Oil closes in on $100 as renewed supply crunch loomsFT · 11h
What next for Alternative for Germany after its victory in Saxony-Anhalt?FT · 11h
Republicans fear Trump has turned toxic on the campaign trailFT · 11h
Opinion | Iran’s Approach to Warfare Mirrors the Fabian StrategyWSJ · 12h
Law schools tell students to put AI awayFT · 12h
Top Serbian officials attend funeral of war criminal Ratko MladićFT · 12h
Submit your questions: is Trump losing his touch?FT · 12h
Chinese Company Draws Fire for Laying Off 100 Grads a Month After Hiring ThemWSJ · 13h
‘Chimerica’ is now a chimera — and global stability is the victimFT · 13h
North Korea Says Toppled Warship That Embarrassed Kim Is DeployedWSJ · 14h
Eurozone Economy Surged as War Ignited Energy PricesWSJ · 17h
There’s a Legal Fight Brewing at OktoberfestWSJ · 17h
China’s Foreign Exchange Reserves Continue to ClimbWSJ · 17h
After Far-Right Election Breakthrough, Germany’s Merz Faces Painful DilemmaWSJ · 19h
German Industrial Production Contracts on Auto Sector SlowdownWSJ · 19h

Business

The Trillion-Dollar Bright Spot in China’s Economy: TourismWSJ · 54m
Rivian R2 Review: A Tidier (in Size and Price) SUV Is Ready for the SuburbsNYT · 57m
How a Blacklisted Chinese Tech Giant Kept Buying America’s Best A.I. ChipsNYT · 59m
Korea’s AI property boom puts pressure on presidentFT · 2h
‘Jeopardy!’ Just Hired a New Clue Writer. Could You Do the Job? Take Our Quiz.WSJ · 2h
UK competition watchdog seeks to work with MoD to curb bid-riggingFT · 3h
Amazon Plane Crash Probe Examines Aircraft Speed, Runway SafeguardsWSJ · 4h
What next for one of India’s biggest banks after top two leaders quit?FT · 5h
EverBank to Combine With WaFd to Create $75 Billion BankWSJ · 6h
Opinion | Pablo Torre 1, Mark Cuban 0WSJ · 6h
Robinhood Wins a New Role in the Oura IPO: UnderwriterWSJ · 6h
The Heart Drug Pelacarsen Fails, Shocking Novartis and CardiologistsNYT · 7h
Pricey oil is laying the groundwork for its own declineFT · 9h
Oil Prices Rise After U.S. and Iran Trade StrikesNYT · 9h
Billionaire trader Rokos to leave UK for GreeceFT · 9h
Africa’s richest man seeks to raise $1.6bn in continent’s biggest IPOFT · 10h
WYouth, New Magazine for Teens, Debuts With Justin and Hailey Bieber CoverNYT · 10h
The World Can’t Get Enough of These Japanese SneakersWSJ · 10h
The World Can’t Get Enough of These Japanese SneakersWSJ · 10h
Belgian-Chinese researcher arrested over suspected theft of chip secretsFT · 10h
Oil closes in on $100 as renewed supply crunch loomsFT · 11h
U.S. Gasoline Prices Hit Labor Day RecordWSJ · 11h
Cargo Plane Crashes at Miami Airport, Striking VehiclesNYT · 11h
CCRCs Are Expanding Retirement Home Care to Seniors’ Own HomesNYT · 11h
The Panama Canal’s New Boss Inherits a Drought and a Bidding War for Transit SlotsWSJ · 11h
Opinion | Data Centers: National Necessity or Nuisance?WSJ · 12h
Law schools tell students to put AI awayFT · 12h
‘Go Get Your Kicks’: The Europeans Obsessed With a U.S. HighwayNYT · 13h
Chinese Company Draws Fire for Laying Off 100 Grads a Month After Hiring ThemWSJ · 13h
VW agrees deal to shift plant from cars to air defenceFT · 14h
Volkswagen Factory to Become Defense Plant in Deal With Israel’s AureliusWSJ · 14h
Next wins ‘landmark’ judgment in UK retail’s multibillion equal pay battleFT · 14h
Amazon Cargo Plane Overshoots Runway in Miami, Killing Five PeopleWSJ · 14h
Range Rover Maker to Cut 4,000 Jobs as Trump’s Tariffs BiteWSJ · 14h
Range Rover Maker to Cut 4,000 Jobs as Trump’s Tariffs BiteWSJ · 14h
Deutsche Bank settles €152mn lawsuit with former executiveFT · 14h
US shale pioneer takes fracking to Australia’s remote gas frontierFT · 14h
Energy & Utilities Roundup: Market TalkWSJ · 15h
Tech, Media & Telecom Roundup: Market TalkWSJ · 15h
Shipping through Panama Canal faces new cuts as water dries upFT · 15h
Saudi Aramco oil facilities hit in new strikesFT · 16h
FirstFT: Germany’s far-right AfD surges to first place in state electionsFT · 16h
US voters reel as fuel prices hit Labor Day record highFT · 16h
AI computing demand may never be sated, says CEO of Nvidia partner IrenFT · 16h
How carrots became the answer to Gatorade’s RFK Jr problemFT · 16h
China pumps $54bn into banks and insurersFT · 16h
There’s a Legal Fight Brewing at OktoberfestWSJ · 17h
Hermès Has Big Watchmaking Ambitions. The Cult of the Birkin Is Getting in the Way.WSJ · 17h
Social Media in China Is Getting Really DarkNYT · 17h
Iran to raise petrol prices as US war triggers shortagesFT · 18h
European Gas Climbs on LNG Supply Concerns Ahead of WinterWSJ · 18h
Indonesia shuts airports as volcano eruptsFT · 18h
Guggenheim unit warned over internal controlsFT · 21h
Modi fails to dull gold’s lustre in IndiaFT · 22h
EssilorLuxottica overhauls management after rift with founder’s sonFT · 22h

Markets & Economy

Nifty 50 Stays Muted as Asia’s Tech Rally Powers AheadBBG · 8m
China Export Growth Rebounds as AI Boom Offsets Extreme WeatherBBG · 15m
Wheat Jumps as Russia Focused on Ukraine War Despite US TalksBBG · 24m
Asian Stock Markets Mixed as Investors Look to U.S. CPI DataWSJ · 29m
Philippines Central Bank Sees High Interest Rates But No Shortage of LoansBBG · 31m
Global Markets’ Summer Lull to End as Volatility, Risks MountBBG · 57m
Japan’s Katayama Says Will Aim to Maintain Orderly FX MarketBBG · 1h
In Gold, the Bulls Are EverywhereWSJ · 1h
Yen surges to six-month high as traders stay alert for signs of interventionFT · 1h
The Stock Market’s Breezy Summer Is Over. Investors Beware.WSJ · 1h
Yen Strengthens Further; Sentiment Toward Currency Has ‘Materially’ ShiftedWSJ · 2h
Australia’s Consumer Confidence Slumps on Rates, Fuel CostsBBG · 2h
Oil Rises Amid Fears of More Supply Disruptions in Middle EastWSJ · 2h
Yen’s Rally Through Key Level Puts Currency’s 2026 High in ReachBBG · 2h
Samsung Buyback Highlights Korea’s 45% Preferred Stock DiscountBBG · 2h
Nikkei Falls 0.6%, Dragged by Electronics, Machinery StocksWSJ · 2h
Japan’s Faster GDP, Wage Growth Support BOJ Interest-Rate HikeBBG · 2h
Oil Extends Gain, Iran Says Deal With Oman Is CloseBBG · 3h
Yen Gains Past 154 as Rally ExtendsBBG · 3h
Japan’s Wages Grow Most Since 1997, Keeping BOJ on Rate Hike PathBBG · 3h
Gold Edges Higher as Softer Dollar Offsets Tensions in HormuzBBG · 3h
Colombia Inflation Jumps More Than Forecast to Hit Two-Year HighBBG · 3h
Hunter Biden (and His Laptop) Enter the Cryptosphere With New Meme CoinWSJ · 3h
CapitaLand Targets $500 Million for Third Asian Credit FundBBG · 3h
Latest Oil Market News and Analysis for Sept. 8BBG · 4h
Yen Climbs to Six-Month High, Chip Stocks Advance: Markets WrapBBG · 4h
FirstFT: Oil prices near $100 as renewed supply crunch loomsFT · 5h
Sapporo Breweries CSO on Tariffs, Iran WarBBG · 5h
EverBank to Combine With WaFd to Create $75 Billion BankWSJ · 6h
Robinhood Wins a New Role in the Oura IPO: UnderwriterWSJ · 6h
Why Are Japan’s Bond Yields Rising? What’s Driving the SurgeBBG · 6h
Australia Housing Firm Bathla Collapse: What Happens to Buyers, Their Deposits?BBG · 6h
Pricey oil is laying the groundwork for its own declineFT · 9h
Africa’s richest man seeks to raise $1.6bn in continent’s biggest IPOFT · 10h
High Expectations Leave Stocks Vulnerable: NoviskisBBG · 10h
LME Copper Prices Hit Record on Supply Issues, U.S. Tariff ConcernsWSJ · 10h
France Champagne Output Set to Halve on Heat Waves and DroughtBBG · 10h
Portugal Gets €1.5 Billion EIB Loan to Ease Its Housing CrunchBBG · 10h
Oil closes in on $100 as renewed supply crunch loomsFT · 11h
Mélenchon Fumes at ECB Rate Hikes After Calling for Debt WipeoutBBG · 11h
Oil Extends Gains on Middle East Attacks; U.S. Gas Prices at Record High for Labor DayWSJ · 11h
Copper Hits All-Time High Amid Tariff Turmoil, Mine StrugglesBBG · 11h
Canada Set to Hit Back at Trump Tariffs, Risking Wider Trade WarBBG · 12h
Gold Under Pressure With This Week’s Inflation Data in FocusWSJ · 12h
Chile Copper Shipments Sink to One-Year Low Despite Price RallyBBG · 12h
South Africa’s Economy Seen Ending Longest Growth Run in DecadeBBG · 12h
Iceland Finance Chief Spars With Central Bank Over Price DriversBBG · 12h
Stock Funds Are Up 12.6% for Year So FarWSJ · 12h
Institutional Investors Move Markets. Here’s How to Read Their Signs.WSJ · 12h
Oil Higher on Hormuz Escalation, Weighing on SentimentWSJ · 13h
Jio Platforms Said to Start Marketing India IPO Next WeekBBG · 14h
Health Care Roundup: Market TalkWSJ · 14h
US shale pioneer takes fracking to Australia’s remote gas frontierFT · 14h
Financial Services Roundup: Market TalkWSJ · 14h
Tech, Media & Telecom Roundup: Market TalkWSJ · 15h
China Central Bank Adds Most Gold Since 2023 Even as Prices JumpBBG · 15h
Sterling Edges Higher After U.K. Treasury Chief SpeechWSJ · 15h
Rise in German Bund Yields Almost Entirely Due to ECB Rate-Hike ProspectsWSJ · 15h
Fed Latest: Warsh’s speech contrasts with New York Fed president’s takeBBG · 15h
Saudi Aramco oil facilities hit in new strikesFT · 16h
Yen Climbs to Six-Month High as Rate Outlooks ShiftWSJ · 16h
Global Reserves Shift From Dollar Overstated, NY Fed Study SaysBBG · 16h
US voters reel as fuel prices hit Labor Day record highFT · 16h
Hermès Has Big Watchmaking Ambitions. The Cult of the Birkin Is Getting in the Way.WSJ · 17h
Young People Are Obsessed With This Simple Retirement-Savings FormulaWSJ · 17h
China’s Foreign Exchange Reserves Continue to ClimbWSJ · 17h
UK Chancellor Healey Vows Fiscal Rigor in First Big SpeechBBG · 17h
Euro-Zone Growth Upgraded After Bumper Quarter for IrelandBBG · 17h
European Chip Stocks Rise, Buoyed By Asian PeersWSJ · 18h
Iran to raise petrol prices as US war triggers shortagesFT · 18h
South Africa Quarterly Farm Exports Surge, US Shipments RiseBBG · 19h
Everything is awesomeFT · 21h
Oil Rises as Escalating U.S.-Iran Conflict Stokes Supply Disruption FearsWSJ · 21h
Could the DMO take the BoE’s long gilts off their hands?FT · 21h
Modi fails to dull gold’s lustre in IndiaFT · 22h
Venezuela-US oil deal risks violating local lawFT · 22h
Why America’s debt binge is starting to matterFT · 22h
Bonds have become bonds againFT · 22h
Tax losses have become a hot property in sports M&AFT · 22h
FNZ: the Credit Suisse spinout haemorrhaging cashFT · 22h
Big US university endowments outperform S&P 500 indexFT · 22h
Russia’s uranium push raises concern over nuclear fuel supplyFT · 22h
ArcelorMittal faces green steel price test at flagship low-carbon plantFT · 22h
EM Stocks Jump to Highest Since June as Tech Offsets Higher OilBBG · 23h

Tech

Belgium’s Arrest of Alleged Chinese Chip-Tech Thief Fuels European Fear of BeijingWSJ · 9h
Belgian-Chinese researcher arrested over suspected theft of chip secretsFT · 10h
Law schools tell students to put AI awayFT · 12h
CXMT Highlights Smartphone, AI Advances as Market Share ClimbsWSJ · 16h
CXMT Highlights Smartphone, AI Advances as Market Share ClimbsWSJ · 16h
AI computing demand may never be sated, says CEO of Nvidia partner IrenFT · 16h
Insilico’s Co-CEO Has Big Hopes That Fibrosis Drug Can Reverse Aging TooWSJ · 17h
Why America’s debt binge is starting to matterFT · 22h
John Ternus’s first test at Apple: selling a $2,000 foldable iPhoneFT · 22h

Deal Flow

M&A / Strategic

Contract manufacturer Flex will acquire power conversion systems maker EPC Power in a $4.4B deal4d
Diversified Energy agreed to acquire Elliott-backed O&G company Birch Resources in a $1.8B deal4d
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 Partners4d
Shell and Chevron signed non-binding agreements for the acquisition of production rights over Ghana's South Deepwater Tano Cape Three Points block4d
TSG Consumer made a strategic investment in iconic NYC taco chain Los Tacos No. 14d
US family holding company Friedkin Group is exploring a stake sale in UK soccer club Everton FC just two years after acquiring the club4d
Thai state-owned O&G firm PTT is considering bringing in strategic partners for for its Taiwan-listed Lotus Pharmaceutical4d

VC

Robotics startup Figure raised an undisclosed investment from AI cloud firm Nscale as part of a $3.5B compute deal4d
Enterprise AI platform Wonderful raised a $550M Series C at a $5B valuation led by Insight Partners4d
Thyme Care, an oncology navigation startup, raised a $125M Series E at a $2B+ valuation led by Morgan Health4d
Immediate, an earned wage access and financial wellness platform, raised a $13M Series B led by BankTech Ventures4d

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 valuation4d
UK AI cloud firm Nscale has $103B of total contracted revenue ahead of its $3B US IPO4d
Swedish smart ring maker Oura Health filed for a US IPO to raise $3B at a $16B valuation4d
Pet food platform Golden Pet Brands hired banks for an IPO that could fetch a $1B valuation4d
Chinese chipmaker Longsys priced its $780M Hong Kong listing below the top end of the marketed range at a 44% discount to its China trading4d
Olympus-backed data center infrastructure firm Accelevation filed for an IPO4d
Crypto exchange Kraken delayed its IPO until Q2 next year4d

Debt

Anthropic is set to expand its revolving credit facility to $15B ahead of its IPO4d
Pakistan raised a record $3B in international high-yield bond markets after securing credit rating upgrades4d
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 Power4d
Public Storage is looking to raise $360M in a debut Canadian bond sale4d
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 expansion4d

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 pile4d
Air India is close to securing $1.1B in financial aid from owners Tata Sons and Singapore Airlines4d

Funds / Secondaries

CVC raised $10B for its sixth and largest PE secondaries fund4d
Swish Ventures, the VC firm of Israel's first NBA player Omri Casspi, raised $250M for its third fund4d

Reforma

Implementan México y EU operativo antidrones en fronteraNacional · 1h
Advierten fuga de 1.4 billones de pesos por facturerasNacional · 2h
Quita Morena a Inzunza de Comisión de Estudios LegislativosNacional · 2h
Presume Johnson intercambio de información entre paísesPortada · 3h
Hallan en bodega de Farías armas y documentos clasificadosPortada · 5h
Detienen a Alcalde y su hermano por extorsión en PueblaPortada · 9h
Alertan de credibilidad en presupuesto 2027Negocios · 15h
Cuesta extorsión $91,800 millonesPortada · 15h
Condona Infonavit, pero sube morosidadPortada · 15h