news

Tuesday, September 8

World

Three Numbers That Show Just How Big China’s Export Boom IsWSJ · 9m
UK pays highest borrowing cost since 1998 at gilt saleFT · 21m
John Healey faces MPs as pressure on UK public finances mountsFT · 31m
Europe battles to catch US and China in space raceFT · 33m
Yemen’s Houthi Militants Attack Saudi Energy InfrastructureWSJ · 41m
Sales of ‘Made in EU’ counterfeit cigarettes surgeFT · 55m
FirstFT: Top credit rating sought for Anthropic and OpenAIFT · 1h
Russia launches missile strikes against Kyiv as pause in raids endsFT · 1h
Oil Nears $100 a Barrel as Fresh Attacks on Saudi Energy Operations Raise Supply ConcernsWSJ · 1h
Saudi energy facilities hit by wave of Houthi strikesFT · 2h
The political challenge of Britain’s mounting debt costsFT · 2h
UK set to announce trade ban on Israeli settlements in West BankFT · 2h
The complicated implications of the spectacular ‘Apollo premium’FT · 2h
July wage data bolsters case for BoJ tightening this monthFT · 2h
Terra Drone Bets Supply Chains Key to Drone WarfareWSJ · 3h
Singapore gives world’s highest-paid PM a $1mn pay riseFT · 3h
Australia proposes opt-out law for social media algorithmsFT · 4h
The strangely disappointing EM inflowsFT · 5h
China’s Trade Surplus Widens as Export Growth AcceleratesWSJ · 5h
China’s export surge sets stage for record annual surplusFT · 5h
Antitrust not the enemy of industrial policy, says EU competition enforcerFT · 5h
Offshore borrowing in renminbi hits record high of nearly $150bnFT · 6h
Trump calls for Bombardier boycott as Canada hits US with tariffsFT · 6h
Labour’s muddled migration policy won’t stop thuggeryFT · 6h
Global shipping rules are collapsing, say maritime nationsFT · 6h
The cost of being ApolloFT · 6h
Why Japan Inc can brush off interest-rate hikes — and America can’tFT · 6h
The crisis for Merz and the CDUFT · 6h
‘Apollo premium’ drives up debt costs for group’s portfolio companiesFT · 6h
EU opens door to bigger corporate mergersFT · 6h
The Trillion-Dollar Bright Spot in China’s Economy: TourismWSJ · 8h
See How Drones Are Infiltrating NATO Territory in EuropeWSJ · 8h
Greenland Seeks to Turn Peril Into Profit After Trump’s Threats to Take It OverWSJ · 11h
Opinion | Mamdani Denounces an Indian NonprofitWSJ · 13h
Opinion | What Trump Could Learn From BushWSJ · 13h
Opinion | Europe Hits the Snooze ButtonWSJ · 13h
Iran’s Oil Dollars Are Drying Up—and Plunging It Deeper Into CrisisWSJ · 17h
After Far-Right Triumph, Merz Faces Narrow Path to Save His GovernmentWSJ · 17h
Belgium’s Arrest of Alleged Chinese Chip-Tech Thief Fuels European Fear of BeijingWSJ · 17h
Opinion | Iran’s Approach to Warfare Mirrors the Fabian StrategyWSJ · 20h
Chinese Company Draws Fire for Laying Off 100 Grads a Month After Hiring ThemWSJ · 21h
North Korea Says Toppled Warship That Embarrassed Kim Is DeployedWSJ · 22h

Business

Novartis shares sink on latest trial setbackFT · 16m
China’s Surging Exports Loom Over Trump’s Talks With XiNYT · 20m
U.S. Small Business Confidence Edged Lower Last MonthWSJ · 24m
Europe battles to catch US and China in space raceFT · 33m
Sales of ‘Made in EU’ counterfeit cigarettes surgeFT · 55m
Liberty Global agrees €670mn towers sale ahead of Ziggo spinoffFT · 1h
FirstFT: Top credit rating sought for Anthropic and OpenAIFT · 1h
How Almar Latour Steers Dow Jones Through DisruptionWSJ · 1h
French A.I. Start-Up Mistral Raises $3.5 Billion as Part of Strategy ShiftNYT · 1h
Will data centres avoid the curse of the mega-project?FT · 1h
No Luxury Spared: New High-End Cruise Ships Set SailNYT · 1h
Why Stocks Are Defying Gravity and What Could Bring Them DownNYT · 1h
Seaweed Is Their Way of Life. A Company’s Sweeping Plan Threatens It.NYT · 1h
The complicated implications of the spectacular ‘Apollo premium’FT · 2h
DWS embraces Deutsche Bank name eight years after distancing itselfFT · 2h
Canada Imposes New Tariffs on U.S. Goods, as Trade War IntensifiesNYT · 3h
Australia proposes opt-out law for social media algorithmsFT · 4h
Mistral AI Exceeds $24 Billion Valuation After Samsung-Led Investment RoundWSJ · 5h
Antitrust not the enemy of industrial policy, says EU competition enforcerFT · 5h
Mistral raises record €3bn as Europe strains to keep pace in AI raceFT · 5h
Offshore borrowing in renminbi hits record high of nearly $150bnFT · 6h
Global shipping rules are collapsing, say maritime nationsFT · 6h
The cost of being ApolloFT · 6h
‘Apollo premium’ drives up debt costs for group’s portfolio companiesFT · 6h
Hedge fund Millennium seeks tax deal to boost Geneva presenceFT · 6h
EU opens door to bigger corporate mergersFT · 6h
Britain’s grid operator gave Palantir contract without inviting rival bidsFT · 6h
Anthropic and OpenAI bankers push for top-tier credit ratings post-IPOFT · 6h
How cement can be made greenerFT · 6h
Who is Britain’s best CEO? You decideFT · 6h
Europe warned wealth ‘won’t last’ without car industryFT · 6h
How Grenfell spawned a £1.2bn legal blame gameFT · 6h
The next frontier in renewables: floating wind turbinesFT · 6h
The ‘water batteries’ that could be a crucial complement to renewablesFT · 6h
The Trillion-Dollar Bright Spot in China’s Economy: TourismWSJ · 8h
Rivian R2 Review: A Tidier (in Size and Price) SUV Is Ready for the SuburbsNYT · 8h
How a Blacklisted Chinese Tech Giant Kept Buying America’s Best A.I. ChipsNYT · 9h
‘Jeopardy!’ Just Hired a New Clue Writer. Could You Do the Job? Take Our Quiz.WSJ · 10h
Amazon Plane Crash Probe Examines Aircraft Speed, Runway SafeguardsWSJ · 12h
EverBank to Combine With WaFd to Create $75 Billion BankWSJ · 14h
Opinion | Pablo Torre 1, Mark Cuban 0WSJ · 14h
Robinhood Wins a New Role in the Oura IPO: UnderwriterWSJ · 14h
The Heart Drug Pelacarsen Fails, Shocking Novartis and CardiologistsNYT · 15h
Oil Prices Rise After U.S. and Iran Trade StrikesNYT · 17h
WYouth, New Magazine for Teens, Debuts With Justin and Hailey Bieber CoverNYT · 18h
The World Can’t Get Enough of These Japanese SneakersWSJ · 18h
The World Can’t Get Enough of These Japanese SneakersWSJ · 18h
U.S. Gasoline Prices Hit Labor Day RecordWSJ · 19h
Cargo Plane Crashes at Miami Airport, Striking VehiclesNYT · 19h
CCRCs Are Expanding Retirement Home Care to Seniors’ Own HomesNYT · 19h
The Panama Canal’s New Boss Inherits a Drought and a Bidding War for Transit SlotsWSJ · 19h
Opinion | Data Centers: National Necessity or Nuisance?WSJ · 20h
‘Go Get Your Kicks’: The Europeans Obsessed With a U.S. HighwayNYT · 21h
Chinese Company Draws Fire for Laying Off 100 Grads a Month After Hiring ThemWSJ · 21h
Volkswagen Factory to Become Defense Plant in Deal With Israel’s AureliusWSJ · 22h
Amazon Cargo Plane Overshoots Runway in Miami, Killing Five PeopleWSJ · 22h
Range Rover Maker to Cut 4,000 Jobs as Trump’s Tariffs BiteWSJ · 22h
Range Rover Maker to Cut 4,000 Jobs as Trump’s Tariffs BiteWSJ · 22h
Energy & Utilities Roundup: Market TalkWSJ · 23h
Tech, Media & Telecom Roundup: Market TalkWSJ · 23h

Markets & Economy

Stock Resiliency Depends on Moves by the Fed, Says Principal’s ShahBBG · 13m
U.S. Treasury Yields Rise, Dollar Falls in European TradeWSJ · 14m
U.S. Treasury Yields Rise, Dollar Falls in European TradeWSJ · 21m
UK pays highest borrowing cost since 1998 at gilt saleFT · 21m
US Earnings Upgrades Are on Their Longest Run in Five YearsBBG · 24m
Chile Set to Hold Rates as Fed Risk Overshadows Slumping EconomyBBG · 25m
Oil Nears $100 After Attacks Hit Saudi Energy Facilities | The Pulse 9/8/2026BBG · 26m
Thailand Seeks 10,000 Sri Lankan Workers After Cambodia ExodusBBG · 29m
The Market’s Summer Lull Is Giving Way to Increased VolatilityBBG · 33m
Novartis Sees Avidity Drug Suffer Third Clinical-Trial SetbackBBG · 41m
Does Your Portfolio Need an Inflation Tax Break?WSJ · 44m
Cowan: South Africa Has Yet to Turn Growth CornerBBG · 45m
Franklin Templeton to Acquire Real Assets Firm StoneshieldBBG · 48m
UniCredit Buys Stake in German Fintech in Digital Markets PushBBG · 49m
Brazil Funds Rare-Earth Project in Effort to Tap Vast ReservesBBG · 55m
New York City’s Office Market Recovery Spills Over to DowntownBBG · 55m
Elliott Launches New Legal Action Against LME Over Nickel TradesBBG · 1h
Investors Brace for a Choppier Fall as the Fed, Inflation Return to Center StageWSJ · 1h
BlackRock Sees Continued 'Positive Pricing' for CopperBBG · 1h
Lagarde to Release Memoir in January as ECB Exit Talk SwirlsBBG · 1h
Copper Reaches New Highs on U.S. Tariff Fears, Supply ChallengesWSJ · 1h
AI Is Disrupting Software Companies—but Not as Fast as Many FearedWSJ · 1h
Tamarack Valley to Buy Headwater Exploration for $7 BillionBBG · 1h
Oil’s Risk Premium Seems Exceptionally BloatedWSJ · 1h
South African GDP Snaps Growth Streak as Iran War Takes TollBBG · 1h
Saudi energy facilities hit by wave of Houthi strikesFT · 2h
Stock Market Today: Oil Nears $100, Dow Futures DipWSJ · 2h
Gold Falls as Investors Await U.S. Inflation DataWSJ · 2h
U.S Stock Futures, Treasurys Weaken as Brent Nears $100WSJ · 2h
Senegal Debt Revamp Risks Inflicting 60% Losses on BondholdersBBG · 2h
The complicated implications of the spectacular ‘Apollo premium’FT · 2h
DWS embraces Deutsche Bank name eight years after distancing itselfFT · 2h
Taiwan Inflation Just Above Alert Level Before Rate DecisionBBG · 2h
European Indexes Edge Lower as Inflation Concerns LoomWSJ · 2h
Bessent’s Yen Bet Is Paying Off—for NowWSJ · 3h
UK Set to Pay Most Since 1998 to Borrow After Gilt SelloffBBG · 3h
German Exports Unexpectedly Decline for First Time Since JanuaryBBG · 4h
Global Bond Rush Kicks Off Ahead of US Return from Labor DayBBG · 4h
Stressed Philippine Builder Vista Land Mulls How to Pay BondBBG · 4h
Quant Trader AlphaGrep Turns to Bonds After India Bank CurbBBG · 4h
Singapore Air Defended by Government on Air India, ExpansionBBG · 5h
The strangely disappointing EM inflowsFT · 5h
Old Mutual Wants South Africa’s Newest Bank Profitable by 2028BBG · 5h
Asian Stock Markets Mixed, Investors Await U.S. CPI DataWSJ · 5h
Offshore borrowing in renminbi hits record high of nearly $150bnFT · 6h
RBA Stands Ready to Raise Rates Again if Needed, Hauser SaysBBG · 6h
Meloni’s Pre-Election Italian Budget Is Getting a Growth BoostBBG · 6h
The cost of being ApolloFT · 6h
Why Japan Inc can brush off interest-rate hikes — and America can’tFT · 6h
‘Apollo premium’ drives up debt costs for group’s portfolio companiesFT · 6h
The $2tn monsterFT · 6h
Anthropic and OpenAI bankers push for top-tier credit ratings post-IPOFT · 6h
The world’s approach to sovereign debt needs to changeFT · 6h
Is the global maritime order breaking down?FT · 6h
Copper Ascends to New Heights on Tight Supply and Tariff FearsBBG · 7h
Argentina will file criminal case against Falklands oil drillerFT · 8h
Philippine Jobless Rate Surges to Four-Year High as Growth SlowsBBG · 8h
China’s Exports Lifted by AI as Trade Surplus Nears $806 BillionBBG · 8h
Philippines Central Bank Sees High Interest Rates But No Shortage of LoansBBG · 8h
Japan’s Katayama Says Will Aim to Maintain Orderly FX MarketBBG · 9h
Yen surges to six-month high as traders stay alert for signs of interventionFT · 9h
The Stock Market’s Breezy Summer Is Over. Investors Beware.WSJ · 9h
Australia’s Consumer Confidence Slumps on Rates, Fuel CostsBBG · 10h
Japan’s Faster GDP, Wage Growth Support BOJ Interest-Rate HikeBBG · 10h
Japan’s Wages Grow Most Since 1997, Keeping BOJ on Rate Hike PathBBG · 11h
Gold Wavers as Traders Weigh Mideast Tensions and Dollar MovesBBG · 11h
Hunter Biden (and His Laptop) Enter the Cryptosphere With New Meme CoinWSJ · 11h
Stocks Slip as Oil Rally Fuels Inflation Worries: Markets WrapBBG · 12h
EverBank to Combine With WaFd to Create $75 Billion BankWSJ · 14h
Robinhood Wins a New Role in the Oura IPO: UnderwriterWSJ · 14h
Pricey oil is laying the groundwork for its own declineFT · 17h
Africa’s richest man seeks to raise $1.6bn in continent’s biggest IPOFT · 18h
LME Copper Prices Hit Record on Supply Issues, U.S. Tariff ConcernsWSJ · 18h
Oil closes in on $100 as renewed supply crunch loomsFT · 19h
Oil Extends Gains on Middle East Attacks; U.S. Gas Prices at Record High for Labor DayWSJ · 19h
Canada Imposes Tariffs Up to 50% on US, Risking Wider Trade WarBBG · 20h
South Africa Set to End Longest Growth Run in Decade on IranBBG · 20h
Stock Funds Are Up 12.6% for Year So FarWSJ · 20h
Institutional Investors Move Markets. Here’s How to Read Their Signs.WSJ · 20h
Oil Higher on Hormuz Escalation, Weighing on SentimentWSJ · 21h
Health Care Roundup: Market TalkWSJ · 22h
US shale pioneer takes fracking to Australia’s remote gas frontierFT · 22h
Tech, Media & Telecom Roundup: Market TalkWSJ · 23h
Sterling Edges Higher After U.K. Treasury Chief SpeechWSJ · 23h

Tech

Europe battles to catch US and China in space raceFT · 33m
AI Is Disrupting Software Companies—but Not as Fast as Many FearedWSJ · 1h
Will data centres avoid the curse of the mega-project?FT · 1h
Reading scores plummet as ‘digital distraction’ harms studentsFT · 2h
Australia proposes opt-out law for social media algorithmsFT · 4h
Mistral AI Exceeds $24 Billion Valuation After Samsung-Led Investment RoundWSJ · 5h
Mistral raises record €3bn as Europe strains to keep pace in AI raceFT · 5h
AI is ushering in an era of mass toe-treading at workFT · 6h
Britain’s grid operator gave Palantir contract without inviting rival bidsFT · 6h
Anthropic and OpenAI bankers push for top-tier credit ratings post-IPOFT · 6h
Can Huawei build China’s answer to ASML?FT · 7h
Belgium’s Arrest of Alleged Chinese Chip-Tech Thief Fuels European Fear of BeijingWSJ · 17h
Belgian-Chinese researcher arrested over suspected theft of chip secretsFT · 19h
Law schools tell students to put AI awayFT · 20h

Deal Flow

M&A / Strategic

Ken Griffin's Citadel is seeking to buy US shale oil production assets10m
PE-backed Florida-based EverBank Financial will merge with PWN-based WaFd to create a lender with $75B in assets10m
Blackstone is looking to buy the 15.2% stake in $3B-listed Indian shadow lender IIFL Finance from Canada's Fairfax Financial Holdings10m
EQT agreed to acquire a majority stake in UK insurance broker McGill and Partners from Warburg Pincus for $2B10m
Dutch PE firm Waterland plans to make a higher offer for UK telecoms firm Gamma Communications than the $1.4B bid from UK PE firm Epiris10m
Australian developer Ingenia Communities rejected a $1.4B takeover bid from Warburg Pincus despite a 30% premium10m
Hedge fund Toscafund will take-private UK's biggest private hospital operator Spire for over $1.4B10m
Sweden will buy Lockheed Martin's Himars artillery rocket system in a $730M deal10m
LVMH-linked PE firm L Catterton is close to buying a controlling stake in fitness competition brand Hyrox from Switzerland-based Infront Sports & Media at a $700M valuation10m
Angola plans to raise $230M from a 34% stake sale in Standard Bank de Angola previously held by a convicted insurance tycoon10m
Abu Dhabi AI firm G42 is exploring selling a majority stake to American firms to safeguard access to US chips10m
Abu Dhabi's ADNOC is in talks with Thai refiner PTT and African conglomerate Dangote for stakes in their refineries10m
Spanish banking group BCC-Grupo Cooperativo Cajamar ended talks over a potential acquisition of Portuguese bank Banco CTT from CTT - Correios de Portugal10m
Australian energy firm Santos acquired an additional 3.3% stake in the Papua LNG project from France's TotalEnergies for $190M to raise its stake to 21% after TotalEnergies transferred operatorship to ExxonMobil and cut its stake to 20% to focus on other JVs10m
P*rn tycoon David Sullivan raised his stake in UK soccer club West Ham United to 40% despite sex abuse allegations while Czech billionaire Daniel Kretinsky became the biggest shareholder with a 46% stake after acquiring shares from Vanessa Gold10m
Polish anti-drone company Advanced Protection Systems is exploring a sale10m
South Africa's Industrial Development Corp. plans to sell its 10.5% stake in Namibia's Rossing Uranium to cut ties with Iranian and Russian entities10m
Portugal asked Air France-KLM and Lufthansa to submit improved offers for a 49.9% stake in the privatization of flag carrier TAP10m

VC

Google-backed Indian space tech startup Pixxel raised a $100M Series C led by SWF Temasek and Seraphim10m
Nua, a women's wellness brand, raised a $50M Series C led by Peak XV Partners and Filter Capital10m
Gimlet Labs, an applied AI research and product company, raised a $300M Series B at a $3B valuation led by a16z10m

IPOs / Listings / Issuances / Block Trades

Anthropic will launch its $100B IPO in mid-October with Morgan Stanley and Goldman Sachs set to lead the offering10m
China's Moonshot AI is considering raising $5B in a Hong Kong IPO this year10m
Jio Platforms, the telecoms unit of Indian conglomerate Reliance Industries, is set to market its record $4B India IPO this week; the listing could fetch a $150B valuation10m
Nigeria's Dangote Petroleum Refinery and Petrochemicals is seeking to raise $1.6B at a $49B valuation in Africa's biggest IPO ever10m
SHEIN shares are down 19% from their IPO price to become Hong Kong's worst IPO in years after raising $1.75B at a $26.5B valuation10m
KKR-backed South Korean fashion retailer Musinsa plans to IPO at a $7.5B valuation in Korea's biggest IPO in years10m
Blue Owl Capital is seeking to launch a $6.5B-listed data center REIT10m
Swedish smart ring maker Oura Health named Robinhood as an underwriter in its first ever IPO mandate10m
RNA-focused Adarx Pharmaceuticals filed for an IPO10m
Indonesian miner Merdeka Battery Materials is considering a Hong Kong share sale10m
South Africa is seeking to spinoff Eskom Transmission into a fully independent transmission system operator10m
Japanese unicorn chip startup Preferred Networks plans to IPO this decade10m

Debt

China's ByteDance secured a $29.6B loan from 30 banks for its AI push10m
UK AI cloud firm Nscale is seeking to sell $1.5B of convertibles and secure $2B in financing from Nvidia ahead of its $3B US IPO10m
Africa's largest mobile network operator MTN Group is exploring its first international bond sale in a decade to fund its $2.2B buyout of the remaining 30% shares of IHS Towers10m
Chinese University of Hong Kong is seeking a $510M bank loan to refinance a facility supporting its private hospital10m
Blue Owl Technology Finance Corp., the software-focused private credit fund of Blue Owl, raised $150M in a private placement its its third financing since June10m

Bankruptcy / Restructuring / Distressed

A slice of EQT-backed French medical diagnostics firm Cerba Healthcare's revolving credit facility is up for sale as the firm moves toward a court-supervised restructuring to tackle $5.8B in debt10m
Struggling Ukrainian iron ore miner Ferrexpo raised $100M from investors to stave off insolvency10m

Funds / Secondaries

Millennium AUM is nearing $100B amid a $22B fundraising haul10m
Saudi's leading AI firm HUMAIN plans to launch a large $10B VC fund10m
UK venture debt firm Claret Capital raised $670M for its fourth European growth debt fund to back 'less sexy' startups10m
A group of Nordic companies and investors are seeking to create an investment fund to close a funding gap for firms who seek capital outside the region10m

Reforma

Implementan México y EU operativo antidrones en fronteraNacional · 9h
Advierten fuga de 1.4 billones de pesos por facturerasPortada · 10h
Quita Morena a Inzunza de Comisión de Estudios LegislativosPortada · 10h
Presume Johnson intercambio de información entre paísesPortada · 11h
Hallan en bodega de Farías armas y documentos clasificadosPortada · 13h
Detienen a Alcalde y su hermano por extorsión en PueblaPortada · 17h
Alertan de credibilidad en presupuesto 2027Negocios · 23h
Cuesta extorsión $91,800 millonesPortada · 23h
Condona Infonavit, pero sube morosidadPortada · 23h