Are credit rating agencies getting fed up with hyperscalers?
Credit rating agencies appear to be changing their tone towards hyperscalers.
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Financial TimesOriginal★★☆☆☆2026-09-04 15:06
Are credit rating agencies getting fed up with hyperscalers?
AMC CEO urges Robinhood to stop issuing stock token
AMC CEO Adam Aron said synthetic AMC shares could divert demand from the real stock and deprive investors of shareholder rights, winning support from some tokenization executives.
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CoinDeskOriginal★★☆☆☆2026-09-04 14:56
AMC CEO urges Robinhood to stop issuing stock token
AMC stock jumps 21% overnight as CEO slams Robinhood over 'outrageous' tokenized sharesAMC shares rose 21% overnight after its CEO criticized Robinhood for offering what he called “outrageous” tokenized shares. OpenAI had previously made a similar complaint, saying it had not authorized the transfer of its shares.
AMC CEO blasts Robinhood over stock token, putting synthetic shares in spotlightAMC CEO Adam Aron said the company has no connection to Robinhood’s tokenized shares, reviving questions about how stocks are brought onto the blockchain.
EEF participants sign 328 deals worth nearly $78.5 billion, envoy’s office says
Participants at the 2026 Eastern Economic Forum signed 328 agreements, contracts, memoranda, action plans and roadmaps valued at more than 6.8 trillion rubles, or nearly $78.5 billion, according to the office of Yury Trutnev. The forum was held in Vladivostok from September 1 to 4.
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TASSOriginal★★★☆☆2026-09-04 14:51
EEF participants sign 328 deals worth nearly $78.5 billion, envoy’s office says
From warning to listing: UK’s largest retail investment platform opens access to crypto ETNs
Hargreaves Lansdown, the U.K.’s largest retail investment platform, has reversed course and opened access to crypto exchange-traded notes after the FCA lifted its ban on retail access to crypto exchange-traded products in October.
CCoinDeskOriginal★★☆☆☆2026-09-04 14:23
From warning to listing: UK’s largest retail investment platform opens access to crypto ETNs
Kazakhstan stabilizes oil output after CPC pipeline disruptions, minister says
Kazakh Energy Minister Yerlan Akkenzhenov said oil production has stabilized despite operational outages on the Caspian Pipeline Consortium network, gas intake limits at the Orenburg Gas Processing Plant and unscheduled maintenance at major fields. Output is expected to reach about 96 million tonnes in 2026, while the CPC pipeline has faced repeated Ukrainian drone strikes this year and last year.
TTASSOriginal★★★☆☆2026-09-04 14:18
Kazakhstan stabilizes oil output after CPC pipeline disruptions, minister says
Venezuela’s jumbo oil deal does little to appease its creditors
Ordinary bondholders want proof that Caracas can produce and sell enough oil in dollars to repay the debt that remains.
FFinancial TimesOriginal★★★☆☆2026-09-04 14:13
Venezuela’s jumbo oil deal does little to appease its creditors
Türkiye and AIIB sign multimillion-dollar environmental deal
Türkiye and the Asian Infrastructure Investment Bank have signed a multimillion-dollar environmental agreement. Environment Minister Murat Kurum said the aim is to provide significant support for cleaning up the Marmara Sea.
TTRT WorldOriginal★★★☆☆2026-09-04 14:06
Türkiye and AIIB sign multimillion-dollar environmental deal
‘Nothing But Headaches’: Vermont Businesses Decry Canada Tariffs
A ski-resort operator, cheesemaker, snow-grooming equipment seller and others urged an end to the trade war with Canada, saying the tariffs are hurting their businesses.
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Bloomberg NewsOriginal★★★☆☆2026-09-04 14:00
‘Nothing But Headaches’: Vermont Businesses Decry Canada Tariffs
Volkswagen board approves 50,000 more job cuts and production halt at 4 plants
Volkswagen’s board approved a major cost-cutting plan that will eliminate another 50,000 jobs and end production at four plants, as the company seeks to counter low-cost competition from China and U.S. tariffs.
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The Associated PressOriginal★★★☆☆2026-09-04 14:00
Volkswagen board approves 50,000 more job cuts and production halt at 4 plants
- European shares dip ahead of US jobs data; Volkswagen jumps
European shares edged lower on Friday ahead of closely watched U.S. jobs data, while Volkswagen stock rallied after the automaker announced a major transformation plan.
Volkswagen shares jump 6% on plans to cut 50,000 jobs amid tariffs and China competitionVolkswagen shares rose 6% on Friday after the company announced plans to eliminate another 50,000 jobs as part of its transformation plan, amid tariff pressures and competition from China.
Volkswagen to cut 50,000 more jobs worldwideVolkswagen plans to eliminate a further 50,000 jobs worldwide.
How Volkswagen's huge workforce became a costly burdenVolkswagen employs nearly 630,000 people and is preparing to cut 50,000 more jobs worldwide after previous reductions. Its oversized workforce reflects extensive in-house production, years of brand acquisitions and costly German operations, while a slow shift to electric vehicles has left the carmaker under pressure from Chinese competitors. The company also wants to close four German factories, though its supervisory board has not yet approved immediate implementation.
- Volkswagen to cut 100,000 jobs in biggest-ever industry shake-up
German carmaker Volkswagen says management and unions have agreed to eliminate another 50,000 jobs by the end of the decade, taking total job losses to 100,000 in the company’s biggest industry shake-up.
- Volkswagen approves plan to cut 50,000 more jobs in broad overhaul
Volkswagen’s supervisory board approved a sweeping overhaul involving 50,000 additional job cuts, fewer models and a smaller industrial footprint. The decision gives CEO Oliver Blume his clearest mandate yet to reshape Europe’s biggest automaker.
Volkswagen board approves plan to cut another 50,000 jobsVolkswagen’s board has approved another 50,000 job cuts under a broad turnaround plan, taking the group’s planned reductions by 2030 to 100,000. The carmaker blamed falling sales, weaker profits and intensifying competition, particularly from Chinese brands, and said it is reviewing capacity and possible alternative uses at several plants.
- Volkswagen plans to cut 50,000 jobs and halve its vehicle lineup
Volkswagen Group says it plans to eliminate 50,000 jobs and reduce its vehicle offerings by half. The German automaker is under pressure from intensifying Chinese competition in Europe and tariff costs on shipments to the United States.
Volkswagen to cut another 50,000 jobs to counter tariffs and Chinese competitionVolkswagen said Thursday it will eliminate another 50,000 jobs worldwide in the biggest restructuring in its 89-year history. The German automaker is under pressure from US tariffs, excess capacity and fierce Chinese competition, while the plan outlines the future of four German plants.
Volkswagen to cut 100,000 jobs by end of decadeVolkswagen says it will eliminate 100,000 jobs by the end of the decade, including 50,000 additional cuts on top of those already agreed. The reductions equal about 15% of its global workforce. The automaker also plans restructuring and major research investment, while warning that the futures of four German plants cannot be guaranteed.
- Volkswagen board approves turnaround plan with 50,000 more job cuts
Volkswagen’s supervisory board approved a transformation plan on Thursday that includes cutting another 50,000 jobs as the group seeks to counter painful tariffs, excess capacity and aggressive Chinese rivals.
- Main points of Volkswagen’s restructuring plan
Volkswagen AG’s supervisory board approved a comprehensive restructuring program called “Future Plan 2030.” The company said the plan is essential to restoring competitiveness and securing the group’s future.
- Volkswagen targets 9% operating margin by 2030
Volkswagen said on Thursday that it is targeting a 9% operating margin by 2030, up from 3.8% in the first half of 2026. The goal is part of a sweeping turnaround plan approved by the group’s supervisory board late Thursday.
Volkswagen confirms it will cut 100,000 jobs by 2030Volkswagen has approved plans to eliminate a further 50,000 jobs by 2030, bringing expected cuts to 100,000, or about 15% of its workforce. The German carmaker will halve its model range, while the future of four plants in Germany cannot be guaranteed into the 2030s, amid Chinese competition, weaker China sales and US tariffs.
Can African retailers compete with Shein and Temu? African markets are changing
Shein and Temu are rapidly expanding across Africa through very low prices, broad product ranges and aggressive social-media marketing. Businesses and unions warn that spending shifting to Asia could hurt local retailers, manufacturers and jobs. A South African study estimated that about 8,100 retail and manufacturing jobs failed to materialize in 2024, while the clothing workers’ union has called for tighter controls and even proposed banning the apps in South Africa.
DDWOriginal★★☆☆☆2026-09-04 13:49
Can African retailers compete with Shein and Temu? African markets are changing
Russia, Serbia will always find solution for payment systems — Srbijagas CEO
Aleksandar Vulin, leader of Serbia’s Movement of Socialists and chairman of Srbijagas’s supervisory board, said Moscow and Belgrade would always find a way to resolve payment-system issues. He said he had no new information on the possible launch of Russia’s Mir system in Serbia, but was relying on continued cooperation with the Russian government and companies.
TTASSOriginal★★★☆☆2026-09-04 13:39
Russia, Serbia will always find solution for payment systems — Srbijagas CEO
UK firms plan slightly smaller price rises, BoE survey shows
British businesses expect to raise their prices a little more slowly over the coming year, according to a Bank of England survey published on Friday.
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ReutersOriginal★★☆☆☆2026-09-04 13:35
UK firms plan slightly smaller price rises, BoE survey shows
Live Analysis of US Jobs Report for August
Live analysis focuses on the United States jobs report for August.
BBloomberg NewsOriginal★★★☆☆2026-09-04 13:30
Live Analysis of US Jobs Report for August
- US nonfarm payrolls surge in August; unemployment rate steady at 4.1%
U.S. job growth accelerated sharply in August while unemployment stayed at 4.1%, indicating a still stable labor market and leaving a Federal Reserve rate hike this month under consideration.
- US economy adds stronger-than-expected 162,000 jobs in August
The US economy added 162,000 jobs in August, exceeding expectations.
U.S. payrolls rose 162,000 in August, far more than expected; unemployment rate at 4.1%U.S. nonfarm payrolls increased by 162,000 in August, well above the 53,000 gain expected by the Dow Jones consensus. The unemployment rate remained at 4.1%.
U.S. adds stronger-than-expected 162,000 jobs in August as labor market reboundsThe U.S. added 162,000 jobs in August, exceeding expectations as the labor market bounced back. The report will be important as the Federal Reserve weighs whether to raise interest rates at its September policy meeting.
A public company sold Bitcoin and somehow gave each shareholder more BTC exposure
ProCap Financial sold about 50 BTC and bought back more than 2% of its common stock while shares traded roughly 40% below net asset value. Although its Bitcoin balance fell about 0.9%, the share count dropped around 2%, increasing Bitcoin exposure per share by about 1.1%.
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CryptoSlateOriginal★★☆☆☆2026-09-04 13:30
A public company sold Bitcoin and somehow gave each shareholder more BTC exposure
Pound steady ahead of US jobs data, unfazed by geopolitics
Sterling held steady on Friday as markets awaited monthly US employment figures that could play a key role in determining the dollar’s pace over the next several weeks.
RReutersOriginal★★☆☆☆2026-09-04 13:25
Pound steady ahead of US jobs data, unfazed by geopolitics
COP31 likely to boost Türkiye’s tourism season
COP31 is expected to give Türkiye’s tourism season a boost.
TTRT WorldOriginal★★☆☆☆2026-09-04 13:22
COP31 likely to boost Türkiye’s tourism season
EXCLUSIVE: Hedge fund giant Citadel seeks to buy US shale oil production assets, sources say
Citadel has discussed acquiring U.S. oil production assets, according to five people familiar with the matter. The hedge fund and commodities trader is considering expanding further into ownership of physical assets.
RReutersOriginal★★☆☆☆2026-09-04 13:05
EXCLUSIVE: Hedge fund giant Citadel seeks to buy US shale oil production assets, sources say
Canada lost 42,000 jobs in August, StatsCan says
Statistics Canada said Friday that Canada shed 42,000 jobs in August, while the unemployment rate remained unchanged at 6.4%.
CCBC NewsOriginal★★★☆☆2026-09-04 12:46
Canada lost 42,000 jobs in August, StatsCan says
Russia-China trade grows more than 50-fold in 30 years, surpassing $200 bln — Rosneft CEO
Rosneft CEO Igor Sechin said Russia-China trade has grown more than 50-fold over 30 years and now significantly exceeds $200 billion. China accounts for 34% of Russia’s total trade, while bilateral trade rose 26% year-on-year in the first seven months of 2026.
TTASSOriginal★★★☆☆2026-09-04 12:13
Russia-China trade grows more than 50-fold in 30 years, surpassing $200 bln — Rosneft CEO
Australia gives crypto firms until Sept. 30 to get licensed or risk enforcement
Australia’s securities regulator is giving crypto businesses that require financial-services authorization until Sept. 30 to enter a licensing or compliance pathway, notify ASIC of an application, or wind down. From Oct. 1, firms that have not met the relevant conditions will lose the temporary no-action protection and could face civil or criminal penalties.
CCryptoSlateOriginal★★★☆☆2026-09-04 12:10
Australia gives crypto firms until Sept. 30 to get licensed or risk enforcement
Foreign partners buying Russian gas will feel confident this winter — Gazprom CEO
Gazprom CEO Alexey Miller said foreign partners working with Russian gas would feel confident this winter. He highlighted expanding cooperation with China, where Power of Siberia supplies are reaching new daily records, and said a Far Eastern gas export pipeline is due to enter service in January 2027 on schedule.
TTASSOriginal★★☆☆☆2026-09-04 11:47
Foreign partners buying Russian gas will feel confident this winter — Gazprom CEO
- FACTBOX: Novak’s statements about Power of Baikal, Russia’s fuel situation
Russian Deputy Prime Minister Alexander Novak said Russia and China are discussing the Power of Baikal gas pipeline, previously called Power of Siberia 2, and have agreed to continue preparing a supply contract. He also said most independent Russian fuel stations are receiving supplies, while diesel exports remain suspended pending inventory levels and no changes to the damping mechanism are planned.
EXCLUSIVE: Trump's bid to shield chip supply chain could backfire in Tennessee
A Tennessee factory Washington hoped to protect to strengthen the U.S. semiconductor supply chain could close after new trade measures from the Trump administration drove away its last two customers, sources familiar with the situation said.
RReutersOriginal★★★☆☆2026-09-04 11:35
EXCLUSIVE: Trump's bid to shield chip supply chain could backfire in Tennessee
Crypto firms urge SEC to speed ETF reviews and allow confidential draft filings
Crypto companies are urging the SEC to accelerate ETF reviews and permit confidential draft filings. Jane Street and Charles Schwab, by contrast, raised concerns that rushed launches and confidential submissions could limit market scrutiny.
TThe BlockOriginal★★☆☆☆2026-09-04 11:21
Crypto firms urge SEC to speed ETF reviews and allow confidential draft filings
EQT strikes $2bn deal for insurance broker McGill
EQT has agreed to a $2bn acquisition of insurance broker McGill, the latest example of private equity investing in the insurance sector.
FFinancial TimesOriginal★★☆☆☆2026-09-04 11:05
EQT strikes $2bn deal for insurance broker McGill
From Bitcoin to oil, perpetual contracts enter US financial markets
The CFTC has asked a federal court to dismiss CME’s challenge to Kalshi’s Bitcoin perpetual contract. The dispute concerns whether a contract without a fixed expiration belongs under US futures rules, and could influence how perpetual-style products expand from crypto into oil and other regulated markets.
CCryptoSlateOriginal★★☆☆☆2026-09-04 11:00
From Bitcoin to oil, perpetual contracts enter US financial markets
Serbia seeks long-term extension of gas deal with Russia — Srbijagas
Serbia wants to extend its gas supply agreement with Russia for the long term, according to Aleksandar Vulin, chairman of Srbijagas’ supervisory board. He called the extension one of Serbia’s most important issues and said Russia had consistently been a reliable, predictable and stable supplier.
TTASSOriginal★★★☆☆2026-09-04 10:50
Serbia seeks long-term extension of gas deal with Russia — Srbijagas
South African rand treads water ahead of U.S. jobs data as markets assess Fed rate path
The South African rand was little changed in early Friday trading as investors awaited highly anticipated U.S. jobs data for indications about the Federal Reserve’s next interest-rate decision.
RReutersOriginal★★☆☆☆2026-09-04 10:45
South African rand treads water ahead of U.S. jobs data as markets assess Fed rate path
Russian underground gas storage facilities already 90% full — Gazprom CEO
Gazprom CEO Alexey Miller says Russia’s underground gas storage facilities are already 90% filled ahead of winter. Gazprom plans to raise operational reserves to 73.296 billion cubic meters this year, a record for Russia’s gas industry, while Russian and Belarusian consumers can feel confident about the coming winter.
TTASSOriginal★★★☆☆2026-09-04 10:42
Russian underground gas storage facilities already 90% full — Gazprom CEO
US triggered ‘copper race’ by imposing export duties — Rosneft CEO
Rosneft CEO Igor Sechin said the United States had sparked a global “copper race” by imposing export duties and accelerating efforts to build copper reserves, sending prices to record highs. He said Russia doubled copper and copper-concentrate supplies to China last year, while ore and concentrate shipments also doubled in the first seven months of this year.
TTASSOriginal★★★☆☆2026-09-04 10:16
US triggered ‘copper race’ by imposing export duties — Rosneft CEO
China has priority access to Northern Sea Route — Rosneft CEO
Rosneft CEO Igor Sechin said the Hormuz crisis exposed the importance of alternative logistics routes for the global energy system. He identified the Northern Sea Route as a critical corridor and said China could receive priority access because of the special relationship between Russia and China.
TTASSOriginal★★★☆☆2026-09-04 10:01
China has priority access to Northern Sea Route — Rosneft CEO
Bargain sale, collapsed deal reflect Hong Kong’s struggling retail property market
A foreclosure sale in Lan Kwai Fong and a cancelled shop transaction in North Point show how weak consumer spending is weighing on Hong Kong’s retail property market. Analysts expect pressure to persist through year-end. A Lan Kwai Fong property formerly occupied by Insomnia recently sold for 60 per cent less than its 2015 value.
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South China Morning PostOriginal★★☆☆☆2026-09-04 10:00
Bargain sale, collapsed deal reflect Hong Kong’s struggling retail property market
US to launch advanced training program to boost domestic manufacturing
The administration of US President Donald Trump says it will launch a national program to train workers in applying AI and other advanced technologies, with the aim of boosting domestic manufacturing.
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NHK WORLD-JAPANOriginal★★★☆☆2026-09-04 09:51
US to launch advanced training program to boost domestic manufacturing
UK car registrations rise for ninth straight month; focus turns to September sales
Industry data showed that new car sales in Britain climbed nearly 14% year on year in August, extending growth to a ninth consecutive month. Attention is now shifting to September, when new registrations are expected to lift sales further.
RReutersOriginal★★☆☆☆2026-09-04 09:50
UK car registrations rise for ninth straight month; focus turns to September sales
China weathered Hormuz supply crisis through proactive stockpiling, Rosneft CEO says
Rosneft CEO Igor Sechin said China overcame the oil supply crisis in the Strait of Hormuz through early reserve-building, large-scale electrification and its strategic partnership with Russia. He said the approach, centered on “security through self-sufficiency,” would continue under China’s 15th Five-Year Plan.
TTASSOriginal★★★★☆2026-09-04 09:49
China weathered Hormuz supply crisis through proactive stockpiling, Rosneft CEO says
China saved over $27 billion by sourcing oil from Russia, Rosneft CEO says
Rosneft CEO Igor Sechin said China has gained estimated cumulative economic savings of more than $27 billion since 2022 by purchasing Russian crude more cost-effectively than Middle Eastern alternatives. He said Russia and China’s positions in the global economy and energy sector provide a strong foundation for bilateral synergy.
TTASSOriginal★★★☆☆2026-09-04 09:41
China saved over $27 billion by sourcing oil from Russia, Rosneft CEO says
Groceries and alcohol make up a growing share of spending at Russian malls
According to business daily Kommersant, shoppers at large malls in European Russia are directing more of their spending toward groceries. Sampa, which manages Sberbank’s malls, found grocery spending rose from 22% to 24% over the past year, while non-food spending fell from 8% to 5%. Experts linked the shift to declining purchasing power and stronger focus on essentials.
MMeduzaOriginal★★★☆☆2026-09-04 09:37
Groceries and alcohol make up a growing share of spending at Russian malls
India Says US Trade Deal Hinges on Preferential Tariff Rate
India will conclude a trade agreement with the US only if Washington offers tariff terms that give Indian exporters an edge over competitors, Commerce Minister Piyush Goyal said. His remarks point to preferential tariff treatment as a central obstacle in the protracted negotiations.
BBloomberg NewsOriginal★★★☆☆2026-09-04 09:30
India Says US Trade Deal Hinges on Preferential Tariff Rate
Greek marine fisheries 2025: €166.6 million in production, anchovy dominates
Greek marine fisheries caught more than 42,000 tonnes of fishery products in 2025, worth €166.6 million. The Northern Aegean accounted for slightly more than two-thirds of production, with anchovy the dominant catch.
EeuronewsOriginal★★☆☆☆2026-09-04 09:04
Greek marine fisheries 2025: €166.6 million in production, anchovy dominates
Jobs report to show whether hiring bounced back from unexpected job loss
Friday’s jobs report is expected to offer a key reading on the U.S. economy as consumers cope with elevated inflation and central bankers consider a possible interest-rate increase.
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ABC NewsOriginal★★★☆☆2026-09-04 09:01
Jobs report to show whether hiring bounced back from unexpected job loss
August jobs report could show another weak month for hiring
The August jobs report is expected to indicate that weak hiring continued through the summer, following a contraction of 23,000 jobs in the labor market the previous month.
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NBC NewsOriginal★★★☆☆2026-09-04 09:00
August jobs report could show another weak month for hiring
‘Stayin’ in Canada’: Artists halt U.S. sales amid new 50% tariff on original art
Some Nova Scotia artists have stopped selling their work to U.S. customers after President Donald Trump introduced a 50 per cent tariff on nearly $28 billion worth of Canadian goods, including original art.
CCBC NewsOriginal★★☆☆☆2026-09-04 09:00
‘Stayin’ in Canada’: Artists halt U.S. sales amid new 50% tariff on original art
Abrupt CEO successions at Indian private banks test strategic focus
Sudden departures from several of India’s leading private banks in recent months have highlighted shortcomings in succession planning. Investors are questioning whether the lenders can remain committed to their long-term business strategies.
RReutersOriginal★★★☆☆2026-09-04 08:35
Abrupt CEO successions at Indian private banks test strategic focus
Bond yields are soaring to multi-decade highs. What does that mean for Canadian consumers?
A sharp global sell-off is sweeping through bond markets, sending ripples across consumers and investors. The report explains how changes in the bond market can affect people in Canada.
CCBC NewsOriginal★★★☆☆2026-09-04 08:00
Bond yields are soaring to multi-decade highs. What does that mean for Canadian consumers?
Jokowi’s Legacy of Debt May Curb Danantara’s Investment Ambition
Financial pressure on some of Indonesia’s largest state-owned construction companies, linked to former President Joko Widodo’s infrastructure drive, could force current leader Prabowo Subianto’s sovereign wealth fund Danantara to spend more restructuring them. That may leave less capacity for new investments.
BBloomberg NewsOriginal★★★☆☆2026-09-04 07:45
Jokowi’s Legacy of Debt May Curb Danantara’s Investment Ambition
China rare earth firms halt some US shipments over geopolitical worries, sources say
Some Chinese rare earth suppliers are refusing to ship to the United States because they fear repercussions from Beijing, according to three sources. The situation highlights continued U.S. concerns over access to the materials weeks before President Xi Jinping is due to visit Washington.
RReutersOriginal★★★★☆2026-09-04 07:25
China rare earth firms halt some US shipments over geopolitical worries, sources say
Japan household spending fell for 8th month in July
Japan’s household spending declined for an eighth consecutive month in July. Government officials attributed the continued decrease in part to consumers maintaining thrifty habits.
NNHK WORLD-JAPANOriginal★★★☆☆2026-09-04 07:08
Japan household spending fell for 8th month in July
Volkswagen shares jump after turnaround agreement
Volkswagen shares rose 7% in early Frankfurt trading after the supervisory board of Europe’s largest automaker reached a major turnaround agreement late Thursday.
RReutersOriginal★★☆☆☆2026-09-04 06:50
Volkswagen shares jump after turnaround agreement
Large-scale sales drive stronger German industrial orders
The July increase in Germany’s industrial orders outpaced expectations, as sales of ships, railway rolling stock and aircraft drove the gain.
RReutersOriginal★★★☆☆2026-09-04 06:45
Large-scale sales drive stronger German industrial orders
Chinese brands gain ground in Egypt
Chinese companies are becoming more prominent in Egypt across smartphones, electric vehicles and household appliances. As China and Egypt mark 70 years of diplomatic ties, the report examines how Made-in-China products have become indispensable in Egyptian households.
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CGTNOriginal★★☆☆☆2026-09-04 06:12
Chinese brands gain ground in Egypt
Chinese brands gain ground in Egypt
Chinese brands are increasingly visible in Egypt, spanning smartphones, electric vehicles and home appliances. As China and Egypt mark 70 years of diplomatic ties, the report examines how Made-in-China products have become an indispensable part of everyday life for Egyptian households.
CCGTNOriginal★★☆☆☆2026-09-04 06:12
Chinese brands gain ground in Egypt
New passenger car sales in Russia fall 6.5% in August to 114,300 — Autostat
Russia sold 114,300 new passenger cars in August, down 6.5% from a year earlier, according to Autostat. Lada, Haval, Tenet, Geely and Changan were the leading brands. Sales for the first eight months of 2026 reached 845,000, up 9.3% year on year.
TTASSOriginal★★☆☆☆2026-09-04 05:30
New passenger car sales in Russia fall 6.5% in August to 114,300 — Autostat
Morning Bid: Seems payrolls isn't the data you are looking for
Stella Qiu looks ahead to the next day in European and global markets, suggesting that payrolls may not be the data markets are seeking.
RReutersOriginal★★☆☆☆2026-09-04 05:25
Morning Bid: Seems payrolls isn't the data you are looking for
Germany warming to UniCredit-Commerzbank deal could pave way for European bank deals
Germany’s growing openness to a takeover of Commerzbank by UniCredit CEO Andrea Orcel, after years of efforts by Orcel, could encourage other European countries and banks to embrace further consolidation in the banking sector.
RReutersOriginal★★★☆☆2026-09-04 05:10
Germany warming to UniCredit-Commerzbank deal could pave way for European bank deals
Deals worth almost $81 billion concluded during EEF — presidential adviser
Presidential adviser and Eastern Economic Forum organizing committee executive secretary Anton Kobyakov said 318 agreements worth nearly 7 trillion rubles, or about $81 billion at current exchange rates, were signed during the forum. The total excludes agreements covered by commercial non-disclosure provisions.
TTASSOriginal★★★☆☆2026-09-04 04:34
Deals worth almost $81 billion concluded during EEF — presidential adviser
Smart Ring Maker Oura Files for US IPO as Revenue Surges
Health and fitness ring maker Oura Inc. has filed for an initial public offering in the US, reporting sharply higher revenue alongside growing losses.
BBloomberg NewsOriginal★★☆☆☆2026-09-04 04:30
Smart Ring Maker Oura Files for US IPO as Revenue Surges
- Smart ring maker Oura files for U.S. IPO
Oura, the company behind the Oura Ring smart wearable, filed paperwork on Thursday for an initial public offering in the United States.
US job growth expected to rebound in August; unemployment rate forecast steady at 4.1%
U.S. payroll growth was likely to recover in August as the earlier drag from local-government education reversed. The rebound could be constrained, however, by job losses tied to the termination of Temporary Protected Status for Haitian immigrants.
RReutersOriginal★★★☆☆2026-09-04 04:20
US job growth expected to rebound in August; unemployment rate forecast steady at 4.1%
Potential customers discuss purchases of Tu-214 aircraft, ministry says
Potential buyers beyond Red Wings and Yakutia Airlines are discussing purchases of Tu-214 aircraft, Deputy Industry and Trade Minister Gennady Abramenkov told TASS. The Russian twin-engine medium-range jet is designed for flights of up to 4,500 km.
TTASSOriginal★★☆☆☆2026-09-04 04:06
Potential customers discuss purchases of Tu-214 aircraft, ministry says
Chime wins as consumer finance takes a K-shaped turn
US fintech Chime offers a valuable lesson for newly listed companies: reliability is the key to winning in a K-shaped consumer finance market.
FFinancial TimesOriginal★★☆☆☆2026-09-04 04:00
Chime wins as consumer finance takes a K-shaped turn
Trump-linked companies race to secure deals for Venezuela’s oil
Companies linked to Donald Trump are competing for deals involving Venezuela’s oil as the US takes control of the country’s beleaguered energy sector. Those capitalising include appointees, a donor and a recent administration official.
FFinancial TimesOriginal★★★★☆2026-09-04 04:00
Trump-linked companies race to secure deals for Venezuela’s oil
- Venezuelans of all stripes denounce Trump’s ‘biggest oil deal ever’
An oil agreement between U.S. President Donald Trump and interim Venezuelan President Delcy Rodriguez is being rejected by Venezuela’s opposition and by some members of Rodriguez’s own party. Venezuelan Canadians with long careers in the oil industry call the deal illegitimate and say it will be repudiated.
Why are people calling Venezuela oil deal a new form of US colonialism?Critics describe the multi-billion-dollar US oil agreement in Venezuela as modern-day colonialism. The deal reportedly gives the United States control of 20 percent of Venezuela’s oil reserves for decades without approval from the country’s legislature.
EV sales outpace petrol cars in Australia for first time
More than 27,000 electric vehicles were sold in Australia in August, accounting for 24.9% of new-car sales and overtaking petrol vehicles for the first time. High fuel prices and a federal emissions standard helped drive the shift; plug-in vehicles together made up 36% of sales.
TThe GuardianOriginal★★★☆☆2026-09-04 03:26
EV sales outpace petrol cars in Australia for first time
Asian shares rise ahead of U.S. jobs data as Waller eases bond fears
Asian shares climbed on Friday as investors joined a global rally ahead of crucial U.S. jobs data. Federal Reserve official Christopher Waller eased concerns about rate hikes, giving bonds some relief and pushing the dollar lower.
RReutersOriginal★★☆☆☆2026-09-04 03:10
Asian shares rise ahead of U.S. jobs data as Waller eases bond fears
US says deal aims to stabilize Venezuela power grid in 6-12 months
U.S. Energy Secretary Chris Wright said an agreement between Venezuela and GE Vernova is intended to stabilize Venezuela’s troubled power grid within six months to a year, while expanding and improving it over the following years.
RReutersOriginal★★★☆☆2026-09-04 02:20
US says deal aims to stabilize Venezuela power grid in 6-12 months
Ministries working on initiatives to restore affected refining capacities — Manturov
Russian First Deputy Prime Minister Denis Manturov says relevant ministries are finalizing initiatives to restore damaged oil-refining capacity. He identifies the tight deadlines and the need to resume operations quickly as the main challenges.
TTASSOriginal★★★☆☆2026-09-04 02:11
Ministries working on initiatives to restore affected refining capacities — Manturov
- Russia’s fuel industry actively working to restore refining capacities — Manturov
Russia’s fuel and energy sector is actively working to restore affected refining capacity, First Deputy Prime Minister Denis Manturov said. He added that the government had created a cooperation network linking energy companies, engineering design institutes and equipment manufacturers to repair refinery infrastructure.
Embraer secures firm order from ANA for eight more E190-E2 jets
Brazilian planemaker Embraer said it has signed an agreement to deliver eight additional E190-E2 regional jets to Japan’s ANA Holdings. The deal expands ANA’s 2025 firm order to 23 aircraft.
RReutersOriginal★★☆☆☆2026-09-04 01:40
Embraer secures firm order from ANA for eight more E190-E2 jets
South Korea says U.S. companies to invest $2 billion in chip, energy sectors
South Korea’s Industry Ministry said on Friday that four U.S. companies have committed a combined $2 billion for investments in the country spanning semiconductors, advanced materials and energy.
RReutersOriginal★★★☆☆2026-09-04 00:30
South Korea says U.S. companies to invest $2 billion in chip, energy sectors
Over 300 US companies remain in Russia, EEF organizer says
More than 300 U.S. companies continue operating in Russia despite Washington’s ban or discouragement, and do not plan to leave, according to Anton Kobyakov, a presidential adviser and executive secretary of the Eastern Economic Forum’s organizing committee. He said the Russian government does not obstruct companies that stay, treating them equally with local firms as Russian economic operators.
TTASSOriginal★★★☆☆2026-09-04 00:19
Over 300 US companies remain in Russia, EEF organizer says