High-level Syrian and Israeli delegations held U.S.-mediated talks in Jordan, SANA reported. The sides discussed halting what a Syrian source called Israeli aggression, returning to negotiations, the future of the Golan Heights and efforts to bridge Israeli-Turkish differences. Several de-escalation rounds since July 2025 have produced no agreement.

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Syria says it and Israel held US-mediated talks in Jordan on Sunday focused on easing a crisis sparked by a strike that Israel said sought to prevent a Turkish military deployment. Damascus says it wants to avoid becoming involved in tensions between Israel and Turkey.

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Asian share markets were little changed on Monday and oil prices slipped as investors awaited details of threatened U.S. sanctions on Iran expected later in the day. The Canadian dollar also weakened as the prospect of a trade war with its southern neighbour loomed.

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After nearly six months of war with Iran, the United States appears to be changing course. Donald Trump says Washington will launch a “crushing economic operation” and is urging other countries to join what it calls the greatest coordinated economic isolation in history. Iran says participants will be treated as enemies.

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Bloomberg News Now presents a comprehensive audio roundup of the day’s leading stories, including Canada’s expectation of a prolonged trade war with the United States and economic pressure on Iran, alongside other global business news.

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Bloomberg News Now presents a brief, continuously updated audio roundup of the day’s leading stories, including the US-Canada tariff dispute, tougher US sanctions expected for Iran and other global business news.

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Fast-fashion giant Shein plans to raise up to HK$13.86bn by offering nearly 280 million shares when trading begins in Hong Kong on 1 September. The implied valuation of almost $27bn is far below its $100bn private-market valuation in 2022. Previous US and London listing attempts failed amid regulatory scrutiny.

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Fast-fashion retailer Shein Global Holdings plans to raise as much as HK$13.85 billion (US$1.76 billion) through a Hong Kong initial public offering. It will offer 279 million shares at HK$47.60 to HK$49.50 each, with investor orders opening Monday and trading expected to begin on September 1.

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U.S. authorities are reviewing Shein Global Holdings Ltd.’s proposed purchase of American clothing retailer Everlane after the company sought approval, according to people familiar with the matter. The review adds to the growing regulatory hurdles facing the China-founded fast-fashion giant in one of its most important markets.

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Officials said the Hawk Fire spread rapidly toward Reno, injuring at least six people and prompting evacuation orders for 42,000 residents. The blaze had expanded beyond 53 square kilometers and remained completely uncontained, with several structures destroyed, 45,000 people under evacuation warnings and about 10,000 Washoe County customers without power. Governor Joe Lombardo declared a state of emergency.

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The Hawk wildfire that began near Reno, Nevada, on August 22 has spread across 53 square kilometers and destroyed several structures, the Associated Press reported. Three emergency responders and three civilians were injured. Investigators believe human activity may have caused the blaze. Authorities ordered 90,000 people to evacuate, including 42,000 residents told to leave immediately.

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A rapidly spreading wildfire northwest of Reno, Nevada, has injured at least six people and led authorities to order tens of thousands of residents to evacuate.

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A wildfire reached the outskirts of Reno, Nevada, prompting tens of thousands to evacuate over the weekend while many more were ordered to leave on Sunday.

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Officials say the fast-spreading Hawk Fire near Reno, Nevada, was started by humans. It expanded to 13,000 acres by Sunday and remained 0% contained, prompting thousands of evacuations.

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Phoenix’s police chief said two officers were fired and arrested over an unreported traffic stop during which they assaulted a man and a woman and shocked both with a Taser.

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Norway's royal household said Sunday that the health of 89-year-old King Harald deteriorated over the weekend while he was in hospital.

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