Starbucks CEO Brian Niccol says the company is entering the second year of its turnaround, with the next phase centered on renovating cafes and improving the customer experience.
C
CNBCOriginal★★☆☆☆2026-09-10 13:50
Citadel Securities is urging the Securities and Exchange Commission to oversee equity-linked event contracts, challenging the Commodity Futures Trading Commission’s self-certification process.
TThe BlockOriginal★★☆☆☆2026-09-10 13:43
Slightly fewer Americans filed for unemployment benefits last week, with jobless claims staying at historically low levels as layoffs remained rare.
T
The Associated PressOriginal★★★☆☆2026-09-10 13:00
Slightly fewer Americans filed for unemployment benefits last week, with jobless claims still near historically low levels and layoffs remaining rare.
The number of Americans filing for unemployment benefits declined last week, indicating that layoffs remained limited and continued to support the labor market.
Nasdaq Ventures agreed to invest $100 million in Payward, the parent company of Kraken, as the firms expand their partnership on tokenized equity infrastructure.
TThe BlockOriginal★★☆☆☆2026-09-10 12:53
Nasdaq is investing $100 million in Payward, the parent company of Kraken, at a $21 billion valuation. The deal expands a strategic partnership aimed at bringing tokenized equities with voting rights to crypto exchange users.
Geely, the owner of the Lynk & Co brand, said on Thursday that Volvo Cars will become the exclusive distributor for Lynk & Co vehicles in Europe from January 2027.
R
ReutersOriginal★★☆☆☆2026-09-10 12:30
Russia's Aurus Cashmere, India's Bansal Spinning Mills and Sberbank signed a memorandum to develop joint textile production. Russian wool, including from Kalmykia, is expected to be made into Aurus Cashmere fabrics in India for later supply to Russia and EAEU markets.
T
TASSOriginal★★☆☆☆2026-09-10 12:27
Sun Hung Kai Properties, Hong Kong’s largest developer by market capitalisation, said underlying profit for the year to June rose 4.6% to HK$22.85 billion. Reported profit reached HK$21.43 billion, supported by a HK$1.38 billion net investment-property revaluation gain, compared with a HK$742 million loss a year earlier.
S
South China Morning PostOriginal★★☆☆☆2026-09-10 12:26
Saudi Arabia has cut oil production to its lowest level this year after the Houthis announced a “maritime embargo” on the kingdom’s exports in July, pressuring the world’s biggest exporter to reduce output.
F
Financial TimesOriginal★★★★☆2026-09-10 12:06
Africa’s imports of electric motorcycles from China rose by nearly 60% in the first half of 2026, led by Morocco, Egypt and Algeria.
TThe Associated PressOriginal★★☆☆☆2026-09-10 12:00
Beijing-based AI startup Moonshot is considering listing in both Hong Kong and Shanghai to raise more funds and increase its exposure, the South China Morning Post reported on Thursday, citing two people familiar with the matter.
RReutersOriginal★★☆☆☆2026-09-10 11:15
The 2026 APEC CEO Summit will take place in Shenzhen on November 17-18, the China Council for the Promotion of International Trade said. Hosted under the theme “promoting prosperity together for a win-win future,” it will bring about 1,000 political and business representatives together to discuss regional trade, connectivity, artificial intelligence and sustainable development.
C
CGTNOriginal★★★☆☆2026-09-10 11:12
India’s potential demand for Russian helicopters could reach about 5,000 aircraft, Tatarstan Industry and Trade Minister Oleg Korobchenko told TASS. Tatarstan plans to explore with India the localization of production, maintenance services and technology transfers, though the potential investment has not yet been determined.
TTASSOriginal★★★☆☆2026-09-10 11:10
China’s National Development and Reform Commission held a roundtable with senior executives from more than 60 US companies operating in China. The technology, industrial and consumer-goods companies discussed the business environment, policy support and prospects for future investment.
CCGTNOriginal★★★☆☆2026-09-10 10:55
United Aircraft Corporation has signed agreements with Indian airlines to supply 105 Il-114-300 regional aircraft, Russia’s Industry and Trade Ministry said. Letters of intent cover 50 aircraft for Pinnacle Air and up to 20 for Air Kerala. UAC also signed an MoU with Sleek Aviation for 35 aircraft and a training center with a full-flight simulator.
TTASSOriginal★★☆☆☆2026-09-10 10:43
United Aircraft Corporation plans to establish a joint engineering center in India, CEO Vadim Badekha said. The company’s immediate priority is organizing the production and delivery of existing aircraft, including their production in India, while science and education cooperation is expected to follow.
United Aircraft Corporation plans to deliver its first aircraft directly from Russia to Indian companies once Russian certificates are validated in India. The company has agreements covering 85 Il-114-300 aircraft and plans to establish a training center, while certification procedures for the SJ-100 and Il-114-300 are discussed.
India is estimated to need about 100 SJ-100s and more than 100 Il-114-300 aircraft over the next ten years, UAC CEO Vadim Badekha said. At Innoprom India, UAC signed agreements covering 85 Il-114-300 deliveries: 50 for Pinnacle Air and 35 for Sleek Aviation, which will also establish a training center with a full-flight simulator.
United Aircraft Corporation CEO Vadim Badekha says UAC expects to sign a firm licensing agreement with India’s Hindustan Aeronautics Limited on the SJ-100 in the near future, potentially by the end of the year. He says preparations for the deal are at an advanced stage.
United Aircraft Corporation CEO Vadim Badekha said agreements signed with India could be converted into firm contracts in the near future. He said determining the localization program is the immediate priority. Agreements cover 85 Il-114-300 regional turboprop aircraft, including 50 for Pinnacle Air and 35 for Sleek Aviation, plus a training center.
Coinbase CEO Brian Armstrong expects bitcoin to trend higher over the next two years, saying the current cycle may have reached its bottom.
TThe BlockOriginal★★☆☆☆2026-09-10 10:31
Trade between Russia and China surpassed $185 billion in the first eight months of 2026, rising 28% from the same period in 2025, Russian presidential special representative Boris Titov said. He said the figure shows Russia’s economy has definitively pivoted toward China in its economic relations.
TTASSOriginal★★★☆☆2026-09-10 10:30
Russia’s trade with Asia-Pacific countries increased 24.5% year-on-year to $157.5 billion in the first half of 2026, Deputy Industry and Trade Minister Roman Chekushov told TASS. Exports grew 35%, while imports rose 15.3%.
The White House has yet to decide whether to impose tariffs on refined copper, two people familiar with the matter said. Officials are weighing fears that higher copper prices could increase manufacturing costs against the possible benefit of encouraging more domestic mining.
RReutersOriginal★★★☆☆2026-09-10 10:15
Volkswagen has kept several options open for Seat beyond 2030, but says no decision has yet been made about the brand’s future. The government remains confident that Seat will continue.
EeuronewsOriginal★★★☆☆2026-09-10 10:13
Volkswagen has kept several options open for Seat beyond 2030, but has not made a decision on the brand’s future. The government says it remains confident that Seat will continue.
Hong Kong’s Securities and Futures Commission has ordered the stock exchange to halt trading in US biotech firm Cloudbreak Pharma while it investigates the company’s US$78 million IPO last year. The regulator said it has serious concerns that the offering may have been rigged to create an artificial appearance of demand for the shares.
SSouth China Morning PostOriginal★★☆☆☆2026-09-10 10:08
China’s electric-vehicle penetration is expected to keep rising, though growth is likely to slow toward the end of the decade, reaching 75% to 80% by 2030, a Sinopec researcher said.
RReutersOriginal★★☆☆☆2026-09-10 09:50
Ryanair’s CEO warned that airfares could rise significantly as surging jet-fuel costs continue to put pressure on the airline industry.
CCNBCOriginal★★☆☆☆2026-09-10 09:35
Fishing associations warn that the independence and profitability of Atlantic inshore fishing are at risk because of the sources fishermen are turning to for the money needed to keep operating.
CCBC NewsOriginal★★☆☆☆2026-09-10 09:00
Hefei embodies two contrasting economies: a high-tech manufacturing boom that has made it one of China's fastest-growing cities, alongside consumers cutting back on spending.
RReutersOriginal★★★☆☆2026-09-10 08:25
UBS plans to shut its fund-distribution business on one of its mainland China wealth-management platforms. UBS Fund Distribution (Shenzhen) will stop fund sales, including subscriptions and switches, at the end of September, while the bank says it remains committed to China and will continue investing.
SSouth China Morning PostOriginal★★☆☆☆2026-09-10 08:12
A Toronto Metropolitan University study says 98 per cent of financial-sector workers are highly exposed to AI technologies. Yet at least one Canadian bank expects its human headcount to grow.
CCBC NewsOriginal★★☆☆☆2026-09-10 08:00
The 2026 China International Fair for Trade in Services opened in Beijing on Wednesday, highlighting services that support companies expanding overseas and technological upgrades in services trade.
CCGTNOriginal★★☆☆☆2026-09-10 07:57
China placed second in the 2026 Trade in Services 100 ranking, with 21 brands worth a combined $876.77 billion, or 19.08% of the total, a report released at CIFTIS said. The United States led with 46 brands valued at $2.854 trillion, while Microsoft topped the individual rankings.
The 2026 China International Fair for Trade in Services in Beijing has attracted exhibitors from 90 countries, regions and international organizations, as well as more than 1,800 offline companies. China’s services trade totaled nearly 3.8 trillion yuan in the first half of the year, up 8.3 percent, while knowledge-intensive services accounted for 44 percent, signaling an upgrade toward higher-value segments.
The American Chamber of Commerce Shanghai’s 2026 China Business Report says business confidence has rebounded sharply, supported by stronger financial results, improved geopolitics and regulatory progress. Profitability reached 78% in 2025, its highest level since 2019, while 58% are optimistic about China’s five-year outlook. Domestic competition has overtaken US-China tensions as the top challenge.
CCGTNOriginal★★★☆☆2026-09-10 07:54
Russia collected 321 billion rubles ($3.77 billion) from migration-related processes over the past year and a half, First Deputy Interior Minister Andrey Kikot said. The amount rose 30%; more than 60 billion rubles went to the federal budget and over 250–260 billion rubles to regional budgets, mainly from work permits.
TTASSOriginal★★★☆☆2026-09-10 07:13
Primark will introduce home delivery in Britain after acquiring an automated fulfilment facility in Sheffield. The retailer said its digital growth and successful click-and-collect service created an opportunity for profitable delivery operations, as it prepares to demerge from Associated British Foods. Trading in continental Europe remains challenging, although customers have responded positively to its price-cutting campaign.
TThe GuardianOriginal★★☆☆☆2026-09-10 07:13
Cumulative global investment in clean hydrogen projects has surpassed $130 billion, the Hydrogen Council said on Thursday. Governments are increasingly viewing the fuel as a way to strengthen energy security and industrial growth while pursuing decarbonisation.
RReutersOriginal★★★★☆2026-09-10 06:40
Most gold jewellery shops that once lined Biyang’s main commercial street in Henan have shut as prices remain high and volatile and fewer marriages weaken demand. A local kindergarten teacher said the small county once had more than 20 gold shops, but she estimates over two-thirds have closed.
SSouth China Morning PostOriginal★★☆☆☆2026-09-10 05:44
The outlook for European and global markets puts Lagarde in focus while oil remains above $100 a barrel.
RReutersOriginal★★☆☆☆2026-09-10 04:50
U.S. holiday retail sales are expected to grow by as much as 4.8% this year, Deloitte said, supported by rising disposable incomes. Spending is forecast to hold up during the key shopping season even as consumers continue to focus on value.
RReutersOriginal★★★☆☆2026-09-10 04:20
European private equity firms have overhauled their leadership in recent years.
FFinancial TimesOriginal★★☆☆☆2026-09-10 04:00
Traditionally conservative trustees are turning away wealthy cryptocurrency holders, saying they are uncomfortable with digital assets because of their volatility, opacity and lack of regulation.
FFinancial TimesOriginal★★☆☆☆2026-09-10 04:00
Glassnode says Bitcoin’s seven-day Sell-Side Risk Ratio has dropped to 7 basis points per day from 16 at August’s peak. Long-term holders’ share of realized profit fell from 88% to 47%, while roughly 1.07 million BTC bought between $83,000 and $86,000 remained largely unchanged over 30 days. Exchange spot selling still outweighed buying.
C
CryptoSlateOriginal★★☆☆☆2026-09-10 03:50
UBS CEO Sergio Ermotti warns that financial markets have become complacent even as geopolitical and economic risks continue to mount.
CCNBCOriginal★★☆☆☆2026-09-10 02:46
Long-running tensions between Ford and the Trump administration over the automaker’s ties to Chinese companies erupted this week in a contradictory wave of Republican criticism and praise for the company.
RReutersOriginal★★☆☆☆2026-09-10 01:30
Millennium Management is preparing to open its first office in Athens, strengthening the city’s profile as an emerging hedge fund hub after reports that Chris Rokos is leaving the UK for Greece.
B
Bloomberg NewsOriginal★★☆☆☆2026-09-10 01:30
Palmer Square Capital Management, a $37 billion credit firm run by a husband-and-wife team, is exploring a sale of the business.
BBloomberg NewsOriginal★★☆☆☆2026-09-10 01:00
China’s EV adoption rate has reached a record high as the Iran war encourages motorists to move away from petrol cars despite a sluggish auto market. China Passenger Car Association data showed that 65.2% of the 1.54 million cars sold in mainland China last month were pure electric or plug-in hybrid vehicles, narrowly surpassing the previous record of 65.1%.
SSouth China Morning PostOriginal★★★☆☆2026-09-10 01:00
The Port of Los Angeles set a new three-month volume record from June through August, its executive director said, after retailers rushed goods into the country to avoid new tariffs and higher fuel costs.
RReutersOriginal★★★☆☆2026-09-10 00:40
U.S. companies operating in China are more optimistic about their business prospects as profits recover, a survey released Thursday found. Confidence had fallen to a record low last year amid political tensions, fierce domestic competition and slowing economic growth.
RReutersOriginal★★☆☆☆2026-09-10 00:30
Private equity firm TPG is considering a sale of Lyric, a healthcare payments software company that could be valued at about $5 billion, according to people familiar with the discussions.
RReutersOriginal★★☆☆☆2026-09-09 21:15
EssilorLuxottica said its board unanimously reaffirmed full confidence in CEO Francesco Milleri, his management team and the group’s strategy after a member of the family behind its largest shareholder criticized them.
RReutersOriginal★★☆☆☆2026-09-09 21:05
Italian unions called on Wednesday for a one-day strike at Electrolux facilities in the country on September 15, saying talks with the appliance maker had made no progress over a restructuring plan involving job cuts and the closure of a plant.
RReutersOriginal★★☆☆☆2026-09-09 19:25
Russia’s Zarubezhneft and Vietnam’s Ministry of Industry and Trade signed a production-sharing agreement covering blocks on Vietnam’s continental shelf. Zarubezhneft and PetroVietnam also exchanged agreements on a strategic oil reserve project and investment cooperation, while the two countries signed a memorandum to strengthen investment ties.
TTASSOriginal★★★☆☆2026-09-09 19:02
Solana treasury firm SkyAI is facing a board challenge from would-be acquirer Forward Industries and a shareholder group. SkyAI’s proposed equity plan would authorize 5.145 million shares for stock-based compensation, amounting to roughly 7.2% additional dilution.
TThe BlockOriginal★★☆☆☆2026-09-09 17:56
WW International has appointed Stephen Bye as its chief executive officer, with the change set to take effect this fall.
RReutersOriginal★★☆☆☆2026-09-09 17:40
Canadian aircraft maker Bombardier says it is recruiting 500 workers in the United States, including for a new service centre in Fort Wayne, Indiana. Donald Trump has threatened restrictions and possible sales limits, arguing the company lacks a substantial US footprint, while Republican lawmakers defend its jobs and economic contribution.
AAl JazeeraOriginal★★★☆☆2026-09-09 17:37
Robinhood CEO Vlad Tenev pushed back at AMC’s CEO in an intensifying dispute over stock tokens. Speaking to CNBC’s “Squawk Box” on Wednesday, Tenev said public companies should not be able to veto third-party securities that reference their shares.
C
CoinDeskOriginal★★☆☆☆2026-09-09 16:11
Bitcoin mining-equipment maker Canaan reported second-quarter revenue below guidance and a $97.6 million net loss. After quarter-end, it sold 3,952 ETH and 54 BTC for about $13.9 million, using part of the proceeds to repurchase shares.
CCryptoSlateOriginal★★☆☆☆2026-09-09 15:10
Crypto industry groups representing numerous digital asset firms are escalating their legal challenge in Illinois and asking a court to block the state’s controversial crypto tax.
TThe BlockOriginal★★☆☆☆2026-09-09 15:04
The Crypto Council for Innovation and Blockchain Association have asked a court to temporarily halt an Illinois tax law while their legal challenge proceeds. The groups filed suit to block the law a few weeks ago.
Robinhood CEO Vlad Tenev said public companies cannot control financial products built around their stock, while acknowledging that token holders do not receive voting rights.
CCNBCOriginal★★☆☆☆2026-09-09 14:38
Silver Lake is set to combine French business-management software maker Cegid with payroll and human-resources platform Silae in a deal valued at €10 billion, making a major bet on software for the AI era.
CCNBCOriginal★★☆☆☆2026-09-09 14:26
Novatek CEO Leonid Mikhelson says negotiations with Vietnam on liquefied natural gas supplies are at an advanced stage, with deliveries potentially starting in 2027. The sides are considering an initial volume of 1 million tons.
TTASSOriginal★★☆☆☆2026-09-09 13:36
Russia’s federal budget deficit reached 5.8 trillion rubles, or 2.5% of GDP, in the first eight months of 2026—1.5 times the level a year earlier and above the full-year target. Spending is growing faster than revenue, while oil and gas income has declined. The Kremlin calls the deficit a moving figure and says it poses no serious concern; authorities may use borrowing, reserves, or asset sales to cover it.
MMeduzaOriginal★★★☆☆2026-09-09 13:20
Russia’s federal budget recorded a deficit of 5.795 trillion rubles ($67.56 billion), equal to 2.5% of GDP, in January-August 2026, the Finance Ministry said. Revenues rose 9.2% year on year to 25.929 trillion rubles, while expenditures increased 14.7% to 31.724 trillion. Non-oil and gas revenues grew 18.1%, and August dividend income totaled 691 billion rubles.
Furniture rental company Rentomojo’s 12.56 billion-rupee ($133 million) initial public offering was fully subscribed on the first day of bidding on Wednesday. The company is seeking to become India’s first listed furniture rental firm.
RReutersOriginal★★☆☆☆2026-09-09 12:45
Umesh Chowdhary of the Confederation of Indian Industry said Russia and India could expand their existing trade and economic cooperation into a comprehensive economic, technological and innovation partnership. He cited progress on trade, logistics, payments and insurance, and pointed to LPG, mining, joint manufacturing, AI and connectivity as promising areas.
TTASSOriginal★★★☆☆2026-09-09 12:18
Russian Chamber of Commerce Vice President Vladimir Padalko said cooperation with India is moving beyond simple trade toward deeper industrial collaboration and joint production. Bilateral trade is nearing $70 billion, while the sides are discussing high technology and digital projects and aim to reach $100 billion by 2030.
India Commerce and Industry Secretary Amardeep Singh Bhatia said Russia-India cooperation has endured over time and will continue to expand. He cited technology, joint manufacturing, critical minerals, AI and innovation as priority areas, while expressing hope that the Innoprom exhibition would lead to new projects.
India’s consumer inflation likely rose to a 20-month high in August as food and fuel prices increased, a Reuters poll of economists showed. The reading would mark a third consecutive month above the Reserve Bank of India’s 4% medium-term target.
RReutersOriginal★★★☆☆2026-09-09 12:05
Severstal expects domestic Russian steel consumption to fall in both 2026 and 2027, according to Severstal Distribution director Viktor Romanovsky. He forecasts slight demand growth in the automotive, energy and infrastructure sectors, while the company has linked an expected 7-9% decline in 2026 to a cooling economy, high interest rates and a stronger ruble.
TTASSOriginal★★☆☆☆2026-09-09 11:53
France will reduce but retain the exceptional corporate tax surcharge on very large companies in its 2027 budget, Prime Minister Sebastien Lecornu said in a letter to executives. He also pledged tax stability to support growth and plans to ease employee buyouts.
RReutersOriginal★★★☆☆2026-09-09 11:50
The head of Italian auto suppliers lobby Anfia urged the European Union to impose an 80% tariff on Chinese-made vehicles and parts above a specified threshold, saying the measure would protect Europe’s car industry.
RReutersOriginal★★★☆☆2026-09-09 11:45
Brian Niccol's first two years leading Starbucks have been a qualified success. His focus on improving stores and marketing has brought customers back to the world's largest coffeehouse chain, but investors are now looking for stronger margins.
RReutersOriginal★★☆☆☆2026-09-09 10:50
An Emirates National Oil Company executive said Wednesday that oil vessel transit costs through the Strait of Hormuz rose sharply after the Iran war, driven by steep increases in war-risk premiums and cargo insurance costs.
RReutersOriginal★★★★☆2026-09-09 10:30
Several merchant vessels in the northern Gulf and Gulf of Oman were struck by fire that disabled them during overnight military activity in the region, the United Kingdom Maritime Trade Operations agency said on Wednesday.
Import pressure, including from Chinese and Kazakh products, continues on Russia’s rolled steel market, Severstal Distribution director Viktor Romanovsky said. Competition in finished products has worsened as large volumes of low-quality goods enter the market and price-sensitive customers prioritize cost. Severstal is assessing the situation and may seek anti-dumping duties.
TTASSOriginal★★☆☆☆2026-09-09 10:17
Andel, a shareholder in Danish wind farm company Orsted, sold a stake worth about 3.1 billion Danish kroner ($483 million), a year after investing the same amount in the company’s capital raise.
BBloomberg NewsOriginal★★☆☆☆2026-09-09 10:00
Silver Lake plans to merge French software groups in a €10bn transaction, as buyout firms grapple with the impact of AI on software companies acquired at high valuations.
FFinancial TimesOriginal★★☆☆☆2026-09-09 10:00
Iranian exporters can use earnings held overseas to finance imports directly, bypassing the official foreign-exchange system, the Financial Times reported.
CCoinDeskOriginal★★★☆☆2026-09-09 09:59
The INNOPROM India international industrial exposition has opened at the Bharat Mandapam complex in New Delhi and will run through September 11. More than 130 Russian and Indian participants are presenting innovations spanning industrial machinery, transport, nuclear energy, space, artificial intelligence, urban infrastructure and financial solutions, alongside traditional crafts demonstrations.
TTASSOriginal★★☆☆☆2026-09-09 08:51
The Innoprom. India international industrial exhibition is being held in New Delhi from September 9 to 11, with more than 120 Russian and Indian participants presenting technologies in industrial equipment, transport, nuclear energy, space, artificial intelligence, urban infrastructure and finance. A plenary session on strengthening Russian-Indian trade and industrial partnership is scheduled for September 10.
Taiwan Affairs Office spokesperson Chen Binhua said the Chinese mainland remains the best destination for Taiwan business people and enterprises, offering fertile ground for innovation and a reliable buffer against risks. Cross-Strait trade reached $221.8 billion in January-July, up 26.5% year on year, demonstrating close economic ties and resilient supply chains. Chen also dismissed DPP authorities’ smear campaigns and pessimistic predictions.
C
China News ServiceOriginal★★★☆☆2026-09-09 08:24
Chinese energy companies are calling for policy stability in overseas markets as geopolitical risks and headwinds from the oil crisis weigh on global investment. Executives from Sungrow Power Supply and EVE Energy said at a Hong Kong event on Tuesday that policy stability was their top expectation. Both firms have faced renewed pressure in the US market over the past two months.
SSouth China Morning PostOriginal★★☆☆☆2026-09-09 08:00
Europe’s second-highest court on Wednesday backed EU antitrust regulators’ decision to block Booking Holdings’ €1.63 billion ($1.9 billion) acquisition of ETraveli three years ago, rejecting arguments from the U.S. online travel company.
RReutersOriginal★★★☆☆2026-09-09 07:50
Adani Enterprises, the flagship company of Indian billionaire Gautam Adani, said its airport unit plans to raise about $1 billion from investors including Temasek and BlackRock to fund expansion.
RReutersOriginal★★☆☆☆2026-09-09 06:50
Adani Enterprises shares rose sharply after its airport unit entered a $1 billion fundraising agreement. Investors will subscribe to new shares in three tranches and collectively own about 5.54% of the airport operator once the final tranche is completed.
The Minutes Reader extension turns the original page into a focused reading view and translates articles and video subtitles on demand. It is in limited beta.
