news

World

U.S. Failed to Give Assurances on Tariff Levels, Canada’s Carney SaysWSJ · 5m

Burnham raises concerns with Macron over ‘Made in Europe’ schemeFT · 17m

Revolut wins provisional US banking licenceFT · 21m

BOE’s Chief Economist Sees Need for Rate Rise as War’s Course Remains UncertainWSJ · 29m

Leon Black sues US Congress over Epstein probeFT · 1h

Milei dials up Argentina’s claim to FalklandsFT · 1h

Green Party leader Polanski to stand in seat vacated by StarmerFT · 1h

How state control of companies can drive innovationFT · 1h

The article argues that state control of companies can foster innovation, pointing to India and China as examples where such approaches have yielded positive results. It suggests that the United Kingdom’s proposed interventions in certain industries could deliver similar benefits, provided the measures are implemented correctly.

Blackstone stands firm with cap on private credit outflowsFT · 2h

Struggling Republicans urge Trump to open Maga Inc’s $400mn war chestFT · 2h

Vulnerable Republicans urge Trump to unleash Maga Inc’s $400mn cash pileFT · 3h

Oman FM: In an age of impunity, diplomats are more important than everFT · 3h

Yen surges as traders bet on Japan interest rate risesFT · 3h

Monetary Policy Radar preview: ECB’s September meetingFT · 3h

Fed’s Chris Waller ‘inclined’ to keep rates on holdFT · 3h

Nvidia to buy open-source AI platform Hugging Face for $13bnFT · 4h

Britain tests the unproven ‘politics of trying’FT · 4h

Entain exits the FTSE 100 in surprisingly good shapeFT · 4h

The Morning Risk Report: Trump’s ‘Economic D-Day’ Against Iran Faces an Uphill BattleWSJ · 5h

How US oil companies are expanding as Trump reshapes global energyFT · 5h

Trade World — despite Trump’s tariffs, global commerce just keeps on growingFT · 5h

Diesel premium in Europe jumps to record highFT · 5h

Zelenskyy rebukes spy agencies after Kyiv shootoutFT · 5h

Shein shares sink almost 9% on third day of tradingFT · 6h

How AI forces us to rethink the economyFT · 6h

‘People are going to get screwed’: Pennsylvania voters unite against data centresFT · 6h

Merz becomes a liability as AfD surgesFT · 6h

How free trade can shield us from El NiñoFT · 6h

Canada Doesn’t Want to Be the Next VenezuelaWSJ · 6h

Germany’s Ifo Institute Revises Up Growth EstimatesWSJ · 7h

Saudi Nuclear Agreement Could Open a Path to 20% EnrichmentWSJ · 12h

Chinese Warships Are Cruising Too Close for Comfort Off Japan’s ShoresWSJ · 15h

Hegseth Extends Mideast Deployments Into 2027, Escalating Strain on TroopsWSJ · 15h

Why Washington’s ‘Economic D-Day’ Against Iran Faces Steep OddsWSJ · 16h

OpenAI Hit With 30 Lawsuits Over Canadian School ShootingWSJ · 17h

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.

NPR · Yahoo Finance · Global News · mezha.net

Plane Carrying Homeland Security Chief Markwayne Mullin Makes Emergency LandingWSJ · 18h

Opinion | The Fight to Get the U.N. Out of LebanonWSJ · 18h

Opinion | Defunding the U.S. MilitaryWSJ · 18h

Opinion | What Is Canada, Other Than the Un-America?WSJ · 19h

Opinion | Iran Regime Change Returns—AgainWSJ · 19h

Winter Is Approaching and Europe Is Running Low on Natural GasWSJ · 21h

After 286 Days at Sea, 5,000 Sailors on the USS Abraham Lincoln Get a Break in ThailandWSJ · 21h

Russia Is Testing NATO’s Ability to Hold Back From a Hot WarWSJ · 22h

Gunfight in Kyiv Deepens Feud Between Ukraine’s Powerful Spy AgenciesWSJ · 22h

China’s Xi Bolsters Mideast Ties With Egypt Visit Ahead of Planned U.S. TripWSJ · 23h

Opinion | The Navy’s Overstretched Carrier FleetWSJ · 23h

Himalayan Disaster Tests China’s Clout as Regional LeaderWSJ · 23h

Business

Corporate America Is Axing the ‘Micro-Team’ BossWSJ · 9m

Leon Black Sues Congressional Panel Investigating EpsteinNYT · 10m

Nvidia Buys Hugging Face in $12.9 Billion DealNYT · 10m

The Athletic Says Dianna Russini’s Relationship With Mike Vrabel Violated Its StandardsNYT · 16m

Revolut wins provisional US banking licenceFT · 21m

VW risks downgrade to ‘junk’ without sweeping cuts, warns top investorFT · 29m

Oil Jumps for Fourth Straight Day and Diesel Nears Record HighNYT · 30m

U.S. Trade Gap Ballooned in JulyNYT · 33m

Hollywood’s New Shows Take Aim at Big TechWSJ · 45m

Trump Moves to Strip Tax Exemption From Schools That Aid Minority StudentsNYT · 57m

Why the Courts Are Hesitant to Punish Tech Giants Like Meta and GoogleNYT · 1h

Leon Black sues US Congress over Epstein probeFT · 1h

Campbell’s Cuts 13% of Workforce in Effort to Turn Around Struggling OperationsWSJ · 1h

Watch fairs mushroom in face of industry gloomFT · 1h

Tyson Foods Cuts Revenue Guidance, Citing Cattle PressureWSJ · 2h

Rate Rise in Play as Fed Officials Await Inflation DataNYT · 2h

Inside the Fight Against a Flesh-Eating Fly in MexicoNYT · 2h

Blackstone stands firm with cap on private credit outflowsFT · 2h

EVs Helped Make China Hormuz-Proof—and They Are Still Just Getting StartedWSJ · 2h

Retail Media Rivals Host an Upfront-Style Event to Court Ad BuyersWSJ · 2h

Victoria’s Secret Lifts Outlook Despite Cooling Sales GrowthWSJ · 3h

Volkswagen Shakes Up U.S. Leadership Again After Steep Sales DeclinesWSJ · 3h

Harvey Nichols sale set to cost luxury brands millionsFT · 4h

Nvidia to buy open-source AI platform Hugging Face for $13bnFT · 4h

Entain exits the FTSE 100 in surprisingly good shapeFT · 4h

Advice for Auditors in the AI EraWSJ · 4h

The Morning Risk Report: Trump’s ‘Economic D-Day’ Against Iran Faces an Uphill BattleWSJ · 5h

Crest Nicholson shares tumble as housebuilder warns of lossFT · 5h

How US oil companies are expanding as Trump reshapes global energyFT · 5h

Concerns Over China’s Overcapacity Go GlobalWSJ · 5h

Diesel premium in Europe jumps to record highFT · 5h

Auto & Transport Roundup: Market TalkWSJ · 5h

Energy & Utilities Roundup: Market TalkWSJ · 5h

Lloyd’s of London faces £1.4bn losses from US-Iran warFT · 5h

Hargreaves Lansdown offers crypto ETNs nearly a year after ban was liftedFT · 5h

Shein shares sink almost 9% on third day of tradingFT · 6h

Luxury gym Equinox in refinancing talks to shred debt and bulk up cashFT · 6h

‘People are going to get screwed’: Pennsylvania voters unite against data centresFT · 6h

How free trade can shield us from El NiñoFT · 6h

Soitec Shares Jump After Guidance Upgrade on Strong AI DemandWSJ · 6h

When AI Is Your Second TransformationWSJ · 6h

Longer Middle East Deployments Strain U.S. Forces as Iran Conflict Drags OnWSJ · 6h

Norway seizes Russian state-owned ship over Ukrainian lawsuitFT · 6h

Boeing’s $8.4 Billion Deal Is Bleeding Red InkWSJ · 6h

Missed flight connections double under EU smart border systemFT · 6h

Which Investors Will Get Rich From Anthropic’s IPO?NYT · 7h

Nobody likes data centres and chips, chips, chipsFT · 7h

Everton owners seek new investors less than two years after buying clubFT · 7h

Elliott builds stake in Deutsche Telekom and opposes T-Mobile US mergerFT · 8h

Impala Platinum Profit Surges on Higher Precious-Metal PricesWSJ · 10h

FirstFT: Yen surges as investors bet on interest rate risesFT · 11h

Accelerating BusinessFT · 12h

Trump Puts Tariffs of Up to 100% on Foreign-Made DronesNYT · 12h

The new rivalry on Wall StreetFT · 12h

Saudi Nuclear Agreement Could Open a Path to 20% EnrichmentWSJ · 12h

Why Trump’s Venezuela Oil Grab Is No Quick Fix for Gas PricesWSJ · 14h

The Hunt for AI-Proof Assets Is Leading Investors to Sports, Casinos and TravelWSJ · 14h

Uber, Wayve Bring Robotaxis to LondonWSJ · 16h

Judge Sharply Questions New York City Landlords on Rent-Freeze ChallengeWSJ · 16h

Five Below Raises Outlook as Sales Gain on Trendy ProductsWSJ · 17h

Uber and Wayve to Start Testing Robotaxis in LondonNYT · 17h

Ford’s $30,000 EV Truck Sets Ambitious Goal: 100,000 Sales in Year OneWSJ · 17h

Broadcom Third-Quarter Profit Soars on Growing Custom Chip DemandWSJ · 17h

Mac-and-Cheese Disruptor Goodles to Be Acquired by BarillaWSJ · 17h

PVH Second-Quarter Revenue Falls on Pressure From Iran WarWSJ · 18h

Plane Carrying Homeland Security Chief Markwayne Mullin Makes Emergency LandingWSJ · 18h

Energy & Utilities Roundup: Market TalkWSJ · 19h

Investors Still on Edge Over War, Debt and InflationNYT · 19h

Google Avoids Breakup of Dominant Ad BusinessWSJ · 19h

Southwest to Open Premium Airport Lounges Across the CountryNYT · 20h

Thoma Bravo-Owned Proofpoint in Advanced Talks to Buy VaronisWSJ · 20h

U.S. Government Backs OpenAI in Copyright Fight With PublishersWSJ · 21h

Trump’s Tactics to Lower Beef Prices and Appease Ranchers Fall ShortNYT · 21h

Chevron to Invest $7 Billion in Venezuela, Doubling ProductionWSJ · 21h

FiveThirtyEight’s Podcast Hosts Reunite for a New ShowNYT · 22h

Uber’s $15 Billion Takeover Bid Gets Delivery Hero Board BackingWSJ · 23h

Two More Oil Tankers Are Attacked in the Strait of HormuzNYT · 23h

Aurora Cannabis Rejects Curaleaf Offer as InadequateWSJ · 23h

Chevron Expansion in Venezuela Extends U.S. Influence Over Oil RichesNYT · 23h

Markets & Economy

NYC Transit Agency Prepares $785 Million Mansion Tax Bond SaleBBG · 14m

Carney Says He’s Open to US Pact if Auto, Steel Terms Are CompetitiveBBG · 18m

Revolut wins provisional US banking licenceFT · 21m

The Fed Fights Over the Right Sports AnalogyBBG · 35m

Not Getting Signs of Overheating from Any Labor Market Indicators, Says DardaBBG · 41m

Hearn Reveals Fury-Joshua Location BattleBBG · 54m

U.S. Natural Gas Inventories Increase As ExpectedWSJ · 56m

Treasury Yields Retreat on Fed Official’s Rate CommentsWSJ · 57m

Netherlands Moves Gold From New York to London, Citing Geopolitical UnrestWSJ · 1h

Japanese Yen Extends Gains Versus Weaker U.S. DollarWSJ · 1h

US Services Sector Expands as Price Gauge JumpsBBG · 1h

Odd Lots: What the Fed Needs to Do to Shrink Its Balance SheetBBG · 1h

Hungary Is Said to Pause Interest Rate Cuts and Lower Inflation Goal to 2.5%BBG · 1h

Your ETF of the Moment: Riding the Wild, War-Fueled Oil MarketBBG · 1h

US Services Pick Up, Price Gauge Jumps to Four-Year HighBBG · 2h

Oil Extends Rally With Iran Conflict Seen Dragging OnWSJ · 2h

Gold Extends Gains, Climbing Above $4,500 a Troy OunceWSJ · 2h

Why Nuveen’s Rodriguez Is ‘Fairly Neutral’ on DurationBBG · 2h

Blackstone stands firm with cap on private credit outflowsFT · 2h

Blackstone’s BCRED Limits Redemptions AgainBBG · 2h

Treasuries Rise After Fed’s Waller Notes Inflation ProgressBBG · 2h

Bonds Are 'Dazed and Confused,' Says Emily RolandBBG · 2h

Yen surges as traders bet on Japan interest rate risesFT · 3h

Iceland Data Center Costs Widen Current Account Gap to 2008 HighBBG · 3h

India RBI Faces About $11 Billion Bill on Foreign Deposits PlanBBG · 3h

S&P 500 Rises After Fed’s Waller Signals Patience on Rate HikesBBG · 3h

Campbell’s Shares Slump on Sales Drop, Dividend Cut, OutlookBBG · 3h

US Trade Gap Widens to Largest Since Early 2025 on AI PushBBG · 3h

US Share of Canada’s Exports Drops to 66%, Lowest Outside PandemicBBG · 3h

Fed’s Waller Leans Toward Holding Rates If Inflation ImprovingBBG · 3h

Blackstone Private Credit Fund Again Caps Redemptions at 5%BBG · 3h

Polish Rates Seen on Hold for Rest of 2026, MPC Member Duda SaysBBG · 4h

Entain exits the FTSE 100 in surprisingly good shapeFT · 4h

How US oil companies are expanding as Trump reshapes global energyFT · 5h

China and Brazil and US Race for Rare EarthsBBG · 5h

Even Rich Brits Are Shopping Second-Hand and Trading DownBBG · 5h

Looking to Diversify Your U.S.-Heavy Portfolio? Don’t Let the Fund Name Fool YouWSJ · 5h

Tech, Media & Telecom Roundup: Market TalkWSJ · 5h

Diesel premium in Europe jumps to record highFT · 5h

Auto & Transport Roundup: Market TalkWSJ · 5h

Energy & Utilities Roundup: Market TalkWSJ · 5h

Financial Services Roundup: Market TalkWSJ · 5h

Basic Materials Roundup: Market TalkWSJ · 5h

Health Care Roundup: Market TalkWSJ · 5h

Hargreaves Lansdown offers crypto ETNs nearly a year after ban was liftedFT · 5h

Why We’ll Have to Get Used to ‘Meh’ Job ReportsWSJ · 5h

Shein shares sink almost 9% on third day of tradingFT · 6h

Luxury gym Equinox in refinancing talks to shred debt and bulk up cashFT · 6h

How AI forces us to rethink the economyFT · 6h

US Jobs Report Could Offer Clues on Workforce Participation DropBBG · 6h

Boeing’s $8.4 Billion Deal Is Bleeding Red InkWSJ · 6h

BOJ Data Suggest No Intervention While Officials Vow to Fight OnBBG · 6h

Germany's Blessing on Economy, Banking Consolidation, Energy PricesBBG · 7h

Japanese Yen Strengthens Amid Intervention ChatterWSJ · 7h

Why does it even matter if SoftBank’s an investment holding company?FT · 8h

Stock Market Today: Treasury Yields Retreat on Fed Official’s Rate CommentsWSJ · 8h

BOJ Is Said to Favor Quarter-Point Hike, Flexible on Future PathBBG · 8h

European Indexes Little Moved in Early TradeWSJ · 8h

European Stocks Gain as Fed Rate-Hike Wagers Ease; Soitec JumpsBBG · 8h

Turkey Prices Cool Further in August, Raising Rate-Cut ProspectBBG · 9h

Swiss Inflation at Fastest in Almost Two Years After Growth JumpBBG · 9h

Russians Pile $25 Billion Into Cash as War Anxiety GrowsBBG · 9h

Tech

Corporate America Is Axing the ‘Micro-Team’ BossWSJ · 9m

Hollywood’s New Shows Take Aim at Big TechWSJ · 45m

Nvidia Agrees to Buy AI Platform Hugging Face for $13 BillionWSJ · 59m

AI Spending Is Up. So Is the Guesswork.WSJ · 2h

Nvidia to buy open-source AI platform Hugging Face for $13bnFT · 4h

China’s Moonshot AI Confidentially Filed Hong Kong IPOWSJ · 4h

Is AI affecting what people choose to study?FT · 4h

How AI forces us to rethink the economyFT · 6h

‘People are going to get screwed’: Pennsylvania voters unite against data centresFT · 6h

When AI Is Your Second TransformationWSJ · 6h

Nothing Makes Humans Happier Right Now Than Watching Robots FailWSJ · 6h

Nobody likes data centres and chips, chips, chipsFT · 7h

Accelerating BusinessFT · 12h

VodafoneThree to launch debut TV service in challenge to UK rivalsFT · 12h

How AI can put out its PR dumpster fireFT · 12h

‘It’s a total game-changer’: AI enters the householdFT · 12h

Uber and Big Taxi unite in battle against WaymoFT · 12h

Law firms seek bespoke differences in legal AIFT · 12h

The Hunt for AI-Proof Assets Is Leading Investors to Sports, Casinos and TravelWSJ · 14h

Tech CEOs, Trump Administration Ask G-20 to Adopt Pro-AI PoliciesWSJ · 18h

Microsoft to Change Reporting Structure to Reflect Effects of AIWSJ · 18h

Health Care Roundup: Market TalkWSJ · 19h

Google Avoids Breakup of Dominant Ad BusinessWSJ · 19h

Google spared break-up of online advertising monopolyFT · 20h

Thoma Bravo-Owned Proofpoint in Advanced Talks to Buy VaronisWSJ · 20h

Students and opposition activists targeted with spyware in SerbiaFT · 20h

U.S. Government Backs OpenAI in Copyright Fight With PublishersWSJ · 21h

Trump administration backs OpenAI in New York Times copyright battleFT · 21h

Time is running out for the leap secondFT · 22h

AI spots cyber gaps faster than financial firms can fix themFT · 23h

Deal Flow

M&A / Strategic

Thoma Bravo-backed cybersecurity software company Proofpoint is in talks to acquire $4.7B-listed peer Varonis Systems5h

Carlyle, Bain Capital, Oaktree, and Nextalia are preparing to bid for a 10%-20% stake in the international media rights of Italian soccer league Serie A, which could fetch a $4.6B valuation5h

Bain Capital and Lone Star Funds are considering second round bids for $4.5B-listed Japanese logistics group NIKKON5h

Italian betting firm Lottomatica agreed to buy Spanish rival Cirsa Enterprises in a $3.2B deal to create one of the world's largest gaming and sports betting operators5h

Data center infrastructure firm Vertiv Holdings will acquire micro grid and advanced power controls company Utility Innovation Group in an up to $2.6B deal5h

KKR agreed to buy A1 Garage Door Service for $2B5h

Thoma Bravo is exploring a $2B sale of construction software company Foundation Software5h

Canada's La Caisse will take a 24% stake in Brookfield-backed Indian telecom tower operator Altius Telecom Infrastructure Trust for $1.3B5h

Wren House, the direct infrastructure investment arm of Kuwait SWF KIA, is nearing a deal to buy 80% of Singapore SWF GIC's stake in a European data center JV for $810M5h

Oak Hill Capital acquired Guild Garage Group for over $800M earlier this year5h

Advent agreed to acquire a controlling stake in New Zealand Clinical Research from Waterman Capital at a $715M valuation5h

Aurora Cannabis urged shareholders to reject an unsolicited $272M hostile takeover bid from Curaleaf5h

Shell will acquire a 30% stake in the BP's Conifer exploration in the Gulf of America and a 50% stake in BP's Tupinamba exploration in Brazil5h

Bridgepoint-owned restructuring group Interpath is seeking to buy a US professional services firm5h

South Korea will merge Korea National Oil Corp. and Korea Gas Corp., five units of utility Korea Electric Power Corp., and four regional port authorities5h

VC

Healthy snack maker Medici Brands raised a $250M Series B at a $2.25B valuation co-led by Greenoaks and Valor Equity Partners5h

Capacity, an agentic support automation platform, raised a $54M Series E led by Kathy Ireland5h

Aitan, a defense technology company building robotic sovereignty capabilities, raised a $41M funding round co-led by Deep33 and Dell Technologies Capital5h

Aitan, a defense‑technology company that develops robotic sovereignty capabilities, announced it has secured $41 million in a new funding round. The round was co‑led by venture firms Deep33 and Dell Technologies Capital. No further details on the use of the capital were provided.

Lasso Security, an AI security company, raised a $30M funding round led by ClearSky5h

Aslan, a defense technology and cyber intelligence startup, raised a $20.8M seed round co-led by Khosla Ventures and XYZ Venture Capital5h

Pearler, a wealth management and investing platform, raised a $16M Series A backed by Charlie Gearside and Partners Horizon Fund5h

Aranya, an AI-native cluster management software company, raised $11M across seed and pre-seed rounds led by First Round Capital and Asylum Ventures5h

IPOs / Listings / Issuances / Block Trades

Activist Elliott built a stake in Deutsche Telekom and is opposing a $200B merger with T-Mobile US5h

TPG-backed Asia OneHealthcare confidentially filed for a $2.5B Malaysia IPO5h

African reinsurer Continental Reinsurance plans to raise $155M in Botswana's first IPO since 20175h

Canada's Barrick Mining is considering delaying IPO plans for its North American gold business until next year5h

SoftBank-backed Nigerian fintech Opay Digital Services is considering a secondary listing in Nigeria after a US IPO5h

Azzas 2154, one of Brazil's largest apparel exporters, will split into two: Arezzo&Co and an entity comprising Soma's fashion brands5h

SPAC / SPV

Self-driving firm PlusAI will merge with Yorkville-backed Texas Ventures Acquisition III Corp at an $800M pre-money equity valuation5h

Data security firm Data443 Risk Mitigation will merge with Four Leaf Acquisition Corporation5h

Debt

Waymo is in advanced talks for a debut $3B debt raise from PIMCO, Blackstone, and Sixth Street Partners5h

Bankers are lining up $1.2B of debt to back Apax Partners' $1.7B purchase of Primary Packaging Plastics and Centor US Holding from German packaging firm Gerresheimer5h

Vietnamese conglomerate Vingroup is in talks to raise $300M in a debut Korean won bond sale after shares hit a record5h

Bankruptcy / Distressed / Restructuring

Korea Coal Corp. which has closed all its mines, will be liquidated5h

Funds / Secondaries

Mutual health company Australian Unity will shut down its equities funds management business Platypus Asset Management5h

Reforma

Cárcel a funcionarios sobornados por casinos, advierte SegobNacional · 36m

Alista Gobierno cerco a evasión de IEPS en combustiblesNacional · 51m

Cada senador toma a conciencia su voto, dice CSP de InzunzaNacional · 1h

Asesinato en Zona Esmeralda, por disputa entre familias.-CSPNacional · 1h

Y sigue huachicol fiscal... 10 cada díaPortada · 5h

El fenómeno del huachicol fiscal de combustibles continúa generando preocupación en el gobierno, según indican fuentes oficiales. La Agencia Nacional de Aduanas y de Movilidad (ANAM) informó que está tomando acciones para impedir al menos diez casos diarios de este tipo de ilícito. Las autoridades describen el problema como un dolor de cabeza que afecta la recaudación y la seguridad del suministro de combustible, y señalaron que la detección y el bloqueo de los casos se realizan de forma constante. No se proporcionaron datos adicionales sobre la magnitud del problema ni sobre los resultados de las intervenciones de la ANAM.

'Empobrece' al entrar al GobiernoPortada · 5h

La secretaria de Turismo federal, quien ha llamado la atención en redes sociales al exhibir joyas de alto valor, ha sido objeto de comentarios que señalan un “empobrecimiento inexplicable” durante su paso por el Gobierno. Según la información disponible, la observación se centra en la aparente disminución de recursos o patrimonio de la funcionaria mientras ocupa su cargo, sin ofrecer detalles adicionales que expliquen la causa o el alcance de dicho fenómeno. Los reportes no especifican si el cambio se refiere a bienes personales, ingresos u otros indicadores financieros, limitándose a la descripción de una situación inesperada y sin aclaración oficial.