U.S. buyers are increasingly sourcing copper from the Democratic Republic of Congo, driving record imports from the African producer. Industrial consumers are taking advantage of discounts compared with COMEX-approved brands.
R
ReutersOriginal★★☆☆☆2026-09-07 16:50
Aliko Dangote is targeting 10 million shareholders as he prepares to float his $49bn refinery business on the Nigerian stock exchange, seeking to raise $1.6bn in what would be Africa’s largest IPO.
F
Financial TimesOriginal★★★☆☆2026-09-07 16:45
Saudi Arabia’s Public Investment Fund said on Monday it had launched a real estate company to develop tourism and residential projects along the Al-Khafji coastline on the Gulf, as the sovereign wealth fund commits billions of dollars to infrastructure projects.
RReutersOriginal★★★☆☆2026-09-07 16:30
German shipping group Hapag-Lloyd said on Monday it is working with the Israeli government to improve its proposed $4.2 billion all-cash purchase of ZIM Integrated Shipping Services.
RReutersOriginal★★★☆☆2026-09-07 16:10
Analysts at the British Center for Strategic Advantage say Russia could directly or indirectly control one-third of global uranium production within 15 years. Including Uranium One’s overseas mines, Russia accounted for nearly a quarter of global mining capacity in 2024, a share the group projects could reach 36% by 2040. Industry representatives are seeking government guarantees before investing in new production.
MMeduzaOriginal★★★★☆2026-09-07 15:49
After 13 years, Belt and Road cooperation is shifting from trade connectivity toward technology partnerships, industrial upgrading and digital links. Examples include Chinese solar systems in Pakistan, a gas turbine project in Kazakhstan, AI and robotics in Malaysia, and training and operations on Indonesia’s Jakarta-Bandung high-speed railway.
C
CGTNOriginal★★★☆☆2026-09-07 14:31
UBS expects the Federal Reserve to raise rates by 25 basis points in both September and December 2026, after a stronger-than-expected U.S. jobs report reinforced expectations of a resilient labor market.
RReutersOriginal★★★☆☆2026-09-07 14:30
Intesa Sanpaolo said it expects to realise 60% of the 2.9 billion euros ($3.4 billion) in gross financial benefits projected from its proposed takeover of rival Monte dei Paschi di Siena by 2028.
RReutersOriginal★★☆☆☆2026-09-07 14:15
Industry leaders are debating whether digital dollar wallets could dismantle traditional bank accounts or merely modernize the infrastructure beneath them.
C
CoinDeskOriginal★★☆☆☆2026-09-07 14:12
Russia’s online retail sector grew by about 20% in the first half of the year, Deputy Industry and Trade Minister Roman Chekushov said. He expects full-year growth of 18%-20%.
T
TASSOriginal★★★☆☆2026-09-07 13:51
Rosoboronexport CEO Alexander Mikheyev says the Russian arms exporter’s order book includes contracts for fifth-generation Su-57E fighter jets and upgraded Yak-130M combat trainers. He says air force equipment and air defense systems account for the largest share of contracts signed in 2026.
TTASSOriginal★★☆☆☆2026-09-07 13:41
Aeroflot CEO Sergey Aleksandrovsky says foreign airlines’ share of Russia’s market has risen by about 15.7% from last year, with their passenger traffic projected to reach 26–27.5 million people in 2026, up from 23.8 million in 2025. Foreign carriers now account for nearly half of international air travel in Russia.
TTASSOriginal★★☆☆☆2026-09-07 13:02
Saudi artificial intelligence firm Humain plans to seek outside investors. An IPO for the company would mark another step in Saudi Arabia’s effort to attract more external capital.
B
Bloomberg NewsOriginal★★☆☆☆2026-09-07 13:00
China will require importers of dichlorosilane (DCS) from Japan to place cash deposits of 80.8% to 99.2% with customs from September 8, after a preliminary finding of dumping and material injury to China’s domestic industry. The Commerce Ministry said the investigation would continue and DCS is an important material in chip manufacturing.
CCGTNOriginal★★★★☆2026-09-07 12:59
Nvidia supplier Wistron Corp has launched an offering of 25 million global depositary shares worth up to $1.48 billion. The proceeds will fund purchases of raw materials in foreign currencies, according to a term sheet seen by Reuters.
RReutersOriginal★★☆☆☆2026-09-07 12:40
Volkswagen reached a preliminary agreement on Monday to convert one of its German sites to defence production. The move is the automaker’s first such step in restructuring plants struggling to compete with lower-cost Chinese rivals.
RReutersOriginal★★★☆☆2026-09-07 12:00
British luxury carmaker Jaguar Land Rover said on Monday that it plans to eliminate about 4,000 jobs worldwide over the next two years. The cuts form part of a broader effort to lower costs and strengthen the company’s competitiveness.
RReutersOriginal★★★☆☆2026-09-07 11:00
Jaguar Land Rover plans to eliminate thousands of jobs as part of an overhaul aimed at saving £1.7 billion ($2.3 billion). The luxury carmaker is contending with Chinese competition, a cyberattack and U.S. tariffs.
Hong Kong landlords and property industry figures say banks are worsening the city’s shop-market slump by retreating from commercial mortgages. They say more prospective buyers are being rejected for financing despite sharply lower property values, even as banks compete for residential mortgage borrowers amid a recovering housing market.
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South China Morning PostOriginal★★☆☆☆2026-09-07 11:00
Alexander Mikheyev, CEO of Russia’s arms exporter Rosoboronexport and deputy chairman of Soyuzmash, said the Pantsir air defense family has destroyed tens of thousands of aerial targets during its operational deployment, including Storm Shadow cruise missiles, ATACMS ballistic missiles and various drones. The El Alamein International Airshow runs from September 8 to 10 in Egypt.
TTASSOriginal★★☆☆☆2026-09-07 10:26
More than 90% of the armament samples contracted by Russia’s Rosoboronexport in 2026 have been used in combat against modern weapons and equipment from Western manufacturers, CEO Alexander Mikheyev said. He said their battlefield performance significantly influenced customers’ final decisions to sign contracts.
Rosoboronexport CEO Alexander Mikheyev says the Russian arms exporter signed more than $13 billion in export contracts during the first half of 2026, matching the value signed across all of 2025. The El Alamein International Airshow in Egypt is scheduled for September 8–10.
Military product exports have not affected fulfillment of Russia’s state defense procurement plan, Rosoboronexport CEO said ahead of the 2026 El Alamein International Airshow in Egypt. The event is scheduled for September 8–10 at El Alamein International Airport.
Rosoboronexport CEO Alexander Mikheyev says the company supplied Russian military products to more than 20 countries friendly to Russia during the first half of 2026. The recipients span the Middle East, Africa, Asia-Pacific, Southeast Asia, Latin America, Europe and the CIS. The statement came ahead of the El Alamein International Airshow in Egypt, scheduled for September 8–10.
Tesla China is cutting 5,000 yuan from inventory Model 3 cars and offering 10,000 yuan off each Model Y through the end of September. The discounts are the company’s first on Shanghai-made vehicles since late 2024, as deliveries decline in the world’s largest EV market.
SSouth China Morning PostOriginal★★☆☆☆2026-09-07 10:21
Router Protocol will end all remaining operations by Sept. 30 after failing to establish a sustainable cross-chain bridge business. It blamed falling bridge fees and largely fixed always-on infrastructure costs. Token holders face exchange-specific deadlines, while dependent developers must migrate. The project plans to open-source selected components and burn 303.3 million ROUTE tokens.
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CryptoSlateOriginal★★☆☆☆2026-09-07 10:00
Goldman Sachs analysts said an escalation in attacks on vessels in Middle Eastern waters could drive oil prices to $120 per barrel. Prices could fall to $80 if regional oil exports return to normal. The report also reviewed US-Iran military actions surrounding the Strait of Hormuz and their impact on energy transit.
TTASSOriginal★★★★☆2026-09-07 09:33
US consumers have paid an extra $100bn for petrol and diesel in the six months since the US-Israel war on Iran began, according to a Brown University tracker. That amounts to about $763 per household. Petrol prices rose 39% and diesel more than 60%, adding costs throughout the food supply chain.
Bitcoin fell nearly 1% as escalating U.S.-Iran hostilities pushed oil prices higher.
Oil prices rose further on Monday after tit-for-tat attacks by the United States and Iran on vessels in the Strait of Hormuz and elsewhere heightened fears that Middle East supply disruptions could persist.
Analysts say Beijing’s planned 360 billion yuan (US$54 billion) injection into eight state-owned financial institutions is a step in the right direction, but additional fiscal support is needed to revive credit demand and make better use of the new capital. The move extends a recapitalisation drive begun in 2025, broadening it from banks to insurers and other financial institutions.
SSouth China Morning PostOriginal★★★★☆2026-09-07 09:30
China’s finance ministry is leading a coordinated 360 billion yuan (€46.1 billion) capital injection into eight state-owned banks and insurers. The move aims to strengthen balance sheets strained by weak lending, low interest rates and government instructions to support the stock market.
China plans to inject about 360 billion yuan (US$54 billion) into eight of its largest state-owned banks and insurers as authorities seek to reinforce the financial system and support economic growth. Three state banks said they would receive 290 billion yuan combined, with ABC and ICBC raising 160 billion and 100 billion yuan through private A-share placements.
China’s finance ministry is leading a 360bn-yuan injection into eight state-owned banks and insurers to shore up the financial system and support growth. The move is intended to strengthen their operations, resilience and lending to the real economy as Beijing faces weak domestic demand, a property slump, trade and technology tensions, and an ageing population.
The 2026 China International Fair for Trade in Services will be held at Beijing’s Shougang Park from September 9 to 13, with final preparations underway. The former steel production base has retained its blast furnaces and industrial structures alongside new exhibition venues, and now serves as CIFTIS’s permanent venue and an international convention center for cross-border services-trade matchmaking.
CCGTNOriginal★★☆☆☆2026-09-07 09:26
Bitcoin fell and Treasury yields climbed on Friday, but the market’s hawkish reaction appears excessive relative to the largely unchanged odds of a Federal Reserve rate hike.
CCoinDeskOriginal★★☆☆☆2026-09-07 08:38
Heilongjiang is using its fertile black soil and cold-region resources to develop specialty industries including beef cattle and geese. Provincial foreign trade reached 171.24 billion yuan in the first half of 2026, up 7.2% year on year, while rice, soybeans and goose-related products are reaching markets abroad.
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China News ServiceOriginal★★★☆☆2026-09-07 07:53
The Indian rupee edged higher on Monday despite oil prices remaining near their highest level in more than a month. The Reserve Bank of India continued selling dollars to support the currency, limiting the impact of oil-market pressure.
RReutersOriginal★★★☆☆2026-09-07 07:25
China’s Ministry of Finance said Monday that it will soon issue 300 billion yuan, or about $44.25 billion, in special treasury bonds to help eight centrally administered state-owned financial enterprises replenish their core Tier 1 capital.
CChina News ServiceOriginal★★★★☆2026-09-07 07:20
Seven major Chinese EV battery manufacturers, including CATL, reported combined net profits of more than 50 billion yuan in the first half of the year, a 49 per cent year-on-year increase. Their profits were nearly twice those of major carmakers as domestic EV demand weakened, widening the industry’s profitability gap.
SSouth China Morning PostOriginal★★☆☆☆2026-09-07 07:11
Rosoboronexport CEO Alexander Mikheyev says the Russian arms exporter’s accumulated order portfolio is significantly above $60 billion. The El Alamein International Airshow 2026 is scheduled for September 8–10 at El Alamein International Airport in Egypt.
TTASSOriginal★★☆☆☆2026-09-07 07:06
Chinese financial outlet Cailianshe reported Saturday that China had put approvals for new energy-storage battery plants on hold. It described China as the world’s largest producer of such batteries.
RReutersOriginal★★☆☆☆2026-09-07 05:05
Europe is expanding its timber industry as a possible route to more affordable housing, but growth that is not sustainable could have disastrous consequences.
EeuronewsOriginal★★☆☆☆2026-09-07 05:00
Experts say a contentious oil agreement between Venezuela and the United States could conflict with Venezuela’s constitution. The concern was raised by a leading opposition politician and analysts.
FFinancial TimesOriginal★★★☆☆2026-09-07 04:00
ArcelorMittal says it has “no real visibility” on whether buyers will accept the additional costs of its new electric-arc furnace, putting the pricing of green steel to the test at its flagship low-carbon plant.
FFinancial TimesOriginal★★☆☆☆2026-09-07 04:00
Asian shares rallied on Monday after a strong U.S. jobs report was viewed as supportive of global growth, though it reduced the chances of an interest-rate increase. Oil prices edged higher after the United States and Iran attacked ships in the Gulf.
RReutersOriginal★★★☆☆2026-09-07 02:30
The third China-Germany E-commerce Summit and China Brand Night at IFA 2026 brought more than 100 Chinese and European business representatives, industry executives and experts to Berlin. Discussions covered European sales channels, sustainable branding, after-sales service, robotics and embodied intelligence. The event also launched TechXFluencer, a tech-creator platform designed to support Chinese brands’ global expansion.
CChina News ServiceOriginal★★☆☆☆2026-09-07 02:06
EssilorLuxottica, the Franco-Italian eyewear group, needs a new strategy after losing more than half its market value in recent months, the son of its late founder said on Sunday.
RReutersOriginal★★☆☆☆2026-09-06 20:30
A year ago, shoppers visiting Louis Vuitton’s vast ocean-liner-shaped Shanghai emporium, The Louis, were buying expensive luggage in large quantities, fueling hopes that China’s luxury market was finally recovering.
BBloomberg NewsOriginal★★☆☆☆2026-09-06 20:00
Eurometal warns that EU manufacturing could lose 300,000 jobs during the rest of 2026 unless Brussels halts what it calls the “colonisation” of industry by Chinese component makers. The group will protest in Brussels with 10 symbolic coffins, while the EU and China pursue a three-month effort to avert a trade war.
TThe GuardianOriginal★★★★☆2026-09-06 17:00
There is little for US white-collar workers to celebrate this Labor Day as pay and promotion opportunities fade, AI disruption approaches and quitting is not a realistic option.
BBloomberg NewsOriginal★★☆☆☆2026-09-06 14:27
OPEC says Saudi Arabia, Russia, Iraq, Kuwait, Kazakhstan, Algeria and Oman will keep their required October production at September levels. Russia’s quota is set at 9.949 million barrels per day, while the seven countries’ combined quota, excluding compensation, will be 31.01 million barrels per day.
TTASSOriginal★★★☆☆2026-09-06 13:17
Business minister Jonathan Reynolds says he will meet Jaguar Land Rover’s CEO this week to discuss job cuts at Britain’s biggest carmaker. The company is reportedly considering shedding 4,000 roles.
RReutersOriginal★★★☆☆2026-09-06 13:05
OPEC+ is expected to leave its October oil output policy unchanged at Sunday’s meeting, according to two people familiar with the discussions. The producer group must first agree new quotas before deciding on its next production steps.
RReutersOriginal★★★☆☆2026-09-06 09:15
With Evergrande founder Hui Ka-yan receiving a life sentence and mainland developers still under financial strain, analysts say troubled operators continue to struggle to escape the vicious cycle of a sluggish property market. Although risk resolution is largely complete in some cases, better-capitalised state-owned enterprises are expected to prove more resilient and gain market share.
SSouth China Morning PostOriginal★★★☆☆2026-09-06 01:00
UBS, Jane Street and other firms held a combined $75 million in Hyperliquid ETFs, Bloomberg reported. Brazil’s Wealth High Governance Asset Management was the largest holder of the 21Shares HYPE fund, with about $24 million as of the end of June.
TThe BlockOriginal★★☆☆☆2026-09-05 20:02
Chancellor Friedrich Merz says Germany is losing large numbers of industrial jobs and must reverse the trend to remain an industrial country. Allianz Trade found that more than 30 German companies with annual revenues of at least €50 million filed for insolvency in the first half of the year, a 10% increase from the same period in 2025.
TTASSOriginal★★★☆☆2026-09-05 17:11
Equity grants were once largely reserved for C-suite executives, early startup employees and software engineers. They are now reaching a broader range of workers.
BBloomberg NewsOriginal★★☆☆☆2026-09-05 14:00
The latest Eurostat figures point to a gradual year-on-year decline in beer production across the EU. Germany ranked first in 2025, with Spain close behind.
EeuronewsOriginal★★☆☆☆2026-09-05 13:51
General Motors and Ford are pursuing new avenues for growth, including military contracts and energy-storage businesses, extending their century-old rivalry beyond traditional auto manufacturing.
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CNBCOriginal★★☆☆☆2026-09-05 12:00
Robinhood refused AMC Entertainment CEO Adam Aron’s demand to stop trading an AMC-linked Stock Token. The company says the product is debt issued by a Robinhood affiliate that tracks AMC’s economic performance, while holders receive no voting, dividend or other ownership rights in AMC. Aron said he would seek SEC scrutiny; Robinhood said it stands behind the product.
CCryptoSlateOriginal★★☆☆☆2026-09-05 10:00
A jobs report is fueling expectations of higher interest rates, while Donald Trump is calling for rate cuts.
BBloomberg NewsOriginal★★☆☆☆2026-09-05 10:00
Taiwanese contract electronics maker Foxconn expects its third-quarter performance to exceed market expectations, citing strong demand linked to artificial intelligence. It cautioned, however, that global politics remain volatile.
RReutersOriginal★★☆☆☆2026-09-05 09:40
About 400 business leaders and UN officials gathered in Singapore for the second Global Business Summit on Belt and Road infrastructure investment to accelerate the SDGs. The meeting launched 12 sustainability outcomes, including green mining and responsible AI, while asking how expanding Chinese companies can support a just transition in the countries where they invest.
CCGTNOriginal★★☆☆☆2026-09-05 09:29
STIHL chief Nikolas Stihl writes that Germany’s economy has been in crisis for years. He argues that better business conditions are essential to break the stagnation and secure prosperity and the welfare state.
EeuronewsOriginal★★★☆☆2026-09-05 07:48
President Donald Trump has boasted that his sweeping oil agreement with Venezuela may be “the best deal ever signed.” In practice, the arrangement gives the United States control over much of the country’s oil wealth, unsettling US oil executives.
BBloomberg NewsOriginal★★★★☆2026-09-05 07:30
President Donald Trump has hailed a sweeping oil accord with Venezuela as possibly “the greatest deal ever made,” saying it effectively gives the US control over much of the country’s crude wealth. The agreement has caught the US oil industry off guard.
U.S. and Venezuelan officials have approved a deal giving the United States access to tens of billions of dollars’ worth of Venezuela’s oil reserves. Critics fear the arrangement will benefit only the U.S. while further weakening Venezuela’s autonomy.
The United States has reached an agreement with Venezuela giving it access to some of the country’s oil reserves. At the same time, Venezuelan nationals in the U.S. are being told to leave or face possible removal.
Southeast Asia’s blockchain investment in 2026 has been driven by crypto financial services, but funding remains heavily concentrated in Singapore and a small number of companies.
CCoinDeskOriginal★★☆☆☆2026-09-05 05:00
As China’s advanced manufacturing expands worldwide, debate is growing over its cost advantage. At the Asia-Pacific Media Forum, CGTN asks international delegates whether it reflects unfair competition, economies of scale, or years of supply-chain development and innovation.
CCGTNOriginal★★☆☆☆2026-09-05 04:01
A stronger-than-expected August jobs report reduced the Federal Reserve’s room to justify holding rates steady on labor-market weakness alone. Bitcoin fell to an intraday low of $78,660 before recovering near $80,000, while Treasury yields and the dollar rose. The next major test is the August CPI report due Sept. 11.
CCryptoSlateOriginal★★☆☆☆2026-09-05 04:00
Businesses near the US-Canada border are joining forces to demand an end to the trade war. The item also highlights Canada’s backlash over data centers.
BBloomberg NewsOriginal★★☆☆☆2026-09-05 04:00
After Beijing shut Japanese seafood out, companies rebuilt their supply chains. Their experience highlights both the potential and the pitfalls of breaking dependence on China.
BBloomberg NewsOriginal★★☆☆☆2026-09-05 03:00
The harrowing incident underscores the scale of Air India’s challenges. The airline has reported a record annual loss after being battered by a deadly Boeing crash in June last year.
BBloomberg NewsOriginal★★★☆☆2026-09-05 00:00
A stronger-than-expected rise in US hiring last month has increased the case for the Federal Reserve to raise rates at its meeting later this month, though a hike remains uncertain. Inflation will still weigh heavily on the decision.
BBloomberg NewsOriginal★★★☆☆2026-09-05 00:00
U.S. job growth accelerated sharply in August while unemployment remained at 4.1%, signaling a stable labor market and keeping a Federal Reserve interest-rate hike this month under consideration.
A strong Friday jobs report strengthens the case for U.S. rate hikes, while Donald Trump has threatened to halt trade with some countries unless the Federal Reserve cuts rates. Fed Chair Kevin Warsh must weigh the political backlash from tightening against the credibility risk of skipping a hike after his recent hawkish comments.
Anthropic is expected to start marketing its initial public offering no earlier than mid-October and finish the listing a few days before the U.S. midterm elections in November, people familiar with the matter said Friday.
RReutersOriginal★★★☆☆2026-09-04 22:45
Airbus and Spain’s Industry Minister Jordi Hereu said the planemaker had reached a preliminary agreement with four unions. The potential breakthrough follows a dispute that prompted weeks of strikes at Airbus plants in Spain.
RReutersOriginal★★☆☆☆2026-09-04 20:05
A Michigan judge has issued a preliminary injunction barring Kalshi from offering or facilitating covered sports-betting contracts in the state. The exchange must use a regulator-approved geolocation provider, with a potential $500,000 daily penalty for failing to meet that requirement. The order lasts until a final ruling but does not resolve the broader federal-versus-state jurisdiction dispute.
CCryptoSlateOriginal★★☆☆☆2026-09-04 17:55
Tesla shares fell after the company’s long-awaited Cybercab update failed to impress investors.
CCNBCOriginal★★☆☆☆2026-09-04 17:33
Macy’s Labor Day sale features some of the year’s strongest deals, with discounts of up to 75% on appliances, bedding, apparel and other products from brands including Dyson, Ninja and The North Face.
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NBC NewsOriginal★☆☆☆☆2026-09-04 17:25
The US added 162,000 jobs in August while unemployment stayed unchanged, led by local-government education and food services. The stronger-than-expected report lifted expectations of a Federal Reserve rate increase, while Donald Trump called for cuts and threatened trade action against countries running deficits with the US. Canada lost 41,700 jobs, with unemployment steady at 6.4%.
AAl JazeeraOriginal★★★★☆2026-09-04 16:31
Bitcoin briefly fell about 2% below $80,000 after US nonfarm payrolls rose by 162,000 in August, far exceeding expectations. Markets raised the implied probability of a quarter-point September Fed hike to 59%, while the dollar and Treasury yields moved higher.
Wall Street stocks declined and Treasury yields were mostly higher after an unexpectedly strong jobs report appeared to raise the chances that the U.S. central bank will increase interest rates later this month.
Chinese products are becoming increasingly common in Egypt, especially smartphones, electric cars and household appliances. Chinese automakers now account for more than 40% of the country’s passenger-car market, while demand for new smartphones is rising. The shift comes as Egypt and China mark 70 years of diplomatic relations.
CCGTNOriginal★★★☆☆2026-09-04 16:19
Canada’s economy shed 41,700 jobs in August, marking a sharp slowdown from unusually strong summer hiring, while the unemployment rate remained at 6.4%, according to data released Friday.
RReutersOriginal★★★☆☆2026-09-04 15:45
Canadian employment declined by 41,700 in August, reversing some of the labor-market momentum built in recent months. Manufacturing was the only sector to record a significant increase.
Ukrainian mining company Ferrexpo has raised $100 million, including a $50 million investment from Kernel owner Andrii Verevskyi. The company is set to resume trading on the London Stock Exchange on Sept. 7, allowing it to restart exports and postponed spending, while potentially raising production as conditions in Ukraine improve.
TThe Kyiv IndependentOriginal★★★☆☆2026-09-04 15:18
Portugal has asked Air France-KLM and Lufthansa to submit improved offers for a minority stake in flag carrier TAP. The government began a final negotiation round after finding their initial bids too close to choose between them, Cabinet Minister Antonio Leitao Amaro said.
RReutersOriginal★★★☆☆2026-09-04 15:15
Portugal has opened talks with Air France-KLM and Lufthansa over the privatisation of TAP. The deal could be completed soon and would involve selling up to 49.9% of the airline’s share capital, with 5% reserved for employees.
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