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CVC in final talks for EQT's Ginko China business, sources say

CVC Capital Partners has entered final negotiations to buy the mainland China business of contact lens maker Ginko International, which is owned by EQT, according to four people familiar with the matter.

Companies & industryCVC Capital PartnersEQTGinko InternationalChina business

RReutersOriginal★★☆☆☆2026-09-11 11:45

CVC in final talks for EQT's Ginko China business, sources say
CVC in final talks for EQT's Ginko China business, sources say

Beijing freezes energy-storage battery plant approvals amid overcapacity fears

Beijing has halted approvals for new energy-storage battery production facilities as industry officials warn of excess supply and destructive price competition. Companies have been barred from adding capacity since May, while regulators including the Ministry of Industry and Information Technology moved to curb a construction boom that could create severe overcapacity.

Energy & commoditiesenergy-storage batteriesovercapacityprice competition

SSouth China Morning PostOriginal★★★☆☆2026-09-11 11:43

Beijing freezes energy-storage battery plant approvals amid overcapacity fears
Beijing freezes energy-storage battery plant approvals amid overcapacity fears

CIFTIS health services section boosts global cooperation

The 2026 China International Fair for Trade in Services in Beijing has attracted participants from 90 countries, regions and international organizations. Its Health Services section, a core area for the sixth consecutive year, showcases intelligent healthcare, precision medicine, cell therapy and robotic care, while international promotion events strengthen cooperation.

OtherCIFTIShealth servicesinternational cooperationintelligent healthcare

CCGTNOriginal★★☆☆☆2026-09-11 11:41

CIFTIS health services section boosts global cooperation
CIFTIS health services section boosts global cooperation

UK economy grows at fastest pace since early 2025, with possible AI boost

Official figures showed that Britain’s economy expanded at its fastest annual pace in 18 months in July, possibly helped by artificial intelligence. Growth extended a strong first-half performance despite headwinds from the US-Iran war.

Macro & central banksTech & AIUK economyeconomic growthartificial intelligence

RReutersOriginal★★★☆☆2026-09-11 11:25

UK economy grows at fastest pace since early 2025, with possible AI boost
UK economy grows at fastest pace since early 2025, with possible AI boost

Europe spends record €7.3bn on Russian Arctic gas in eight months, surpassing 2025 total

Europe spent a record €7.3 billion on Russian Arctic gas in the first eight months of the year, exceeding the total for 2025. Scotland’s Seapeak and the Greek-linked Dynagas dominate the Arctic shipping network, with vessels tied to them handling 72% of Yamal LNG exports.

Energy & commoditiesTrade & sanctionsEuropeRussian gasArctic shippingYamal LNG

EeuronewsOriginal★★★★☆2026-09-11 11:21

Europe spends record €7.3bn on Russian Arctic gas in eight months, surpassing 2025 total

Bank of Russia keeps key rate at 14%

The Bank of Russia left its key rate unchanged at 14% per annum. It said the economy was growing moderately in the third quarter of 2026, while current price pressures had risen significantly in recent months. Future decisions will reflect inflation, inflation expectations and domestic and external risks.

Macro & central banksBank of Russiakey rateinflationRussian economy

TTASSOriginal★★★☆☆2026-09-11 10:53

Bank of Russia keeps key rate at 14%
  • CBR Board of Directors to hold monetary policy meeting

    The Bank of Russia’s Board of Directors will decide the key rate on Friday. Eighteen of 19 experts polled by TASS expect the benchmark to stay at 14%, as persistent inflation, fuel-supply pressures, a weaker ruble and uncertain budget parameters constrain further easing.

    Bank of Russiainterest ratesinflation

    TTASS★★★☆☆2026-09-11 03:22Original

Bitcoin recovers toward $77,300 as Zcash leverage unwinds

Bitcoin gained 0.7% since midnight UTC to trade around $77,200. Although 68 constituents of the CoinDesk 100 advanced, the index remained down 1.4% over the past 24 hours.

CryptoBitcoinZcashcryptocurrencymarkets

CCoinDeskOriginal★★☆☆☆2026-09-11 10:50

Bitcoin recovers toward $77,300 as Zcash leverage unwinds
Bitcoin recovers toward $77,300 as Zcash leverage unwinds

Harbour Energy’s top shareholder cuts stake further to 16% in discounted sale

BASF, Harbour Energy’s largest shareholder, has reduced its holding in the British oil and gas producer again. The sale was the biggest block disposal of Harbour shares on record and sent the stock down more than 3%.

Energy & commoditiesCompanies & industryBASFHarbour Energystake saleoil and gas

RReutersOriginal★★☆☆☆2026-09-11 10:50

Harbour Energy’s top shareholder cuts stake further to 16% in discounted sale
Harbour Energy’s top shareholder cuts stake further to 16% in discounted sale

Global bond sell-off deepens as $100 oil stokes stagflation fears

The global bond sell-off is intensifying as oil above $100 fuels fears of stagflation. Germany’s 10-year bond yield, regarded as the euro area benchmark, moved above 3.5% on Friday for the first time since April 2011.

MarketsEnergy & commoditiesBondsOil pricesStagflationGermany

CCNBCOriginal★★★★☆2026-09-11 10:35

Global bond sell-off deepens as $100 oil stokes stagflation fears
Global bond sell-off deepens as $100 oil stokes stagflation fears

BRICS is building a bank for the Global South

The New Development Bank plans to raise the share of projects financed in local currencies from 30% to more than 45% by 2031. Established by Brazil, Russia, India, China and South Africa, the bank has approved 139 projects worth about $42.9 billion and is expanding into green infrastructure, digitalization and AI to reduce developing countries’ reliance on the US dollar.

MarketsTrade & sanctionsBanking & financeBRICSNew Development BankGlobal Southlocal-currency financing

CCGTNOriginal★★★★☆2026-09-11 10:31

BRICS is building a bank for the Global South
BRICS is building a bank for the Global South
  • Poll: Six in 10 respondents see BRICS playing a growing role in global affairs
    Poll: Six in 10 respondents see BRICS playing a growing role in global affairs

    A CGTN survey of 12,250 people in 41 countries, conducted as the 18th BRICS Summit begins, found that more than six in 10 respondents believe the bloc has become more influential in international affairs. Sixty-three percent approved of its contribution to global governance, while 61.6% said expanded BRICS cooperation could make the international order fairer. Support for local-currency settlement and a more diversified monetary system reached 65.6%.

    BRICSglobal governanceGlobal Southinternational finance

    CCGTN★★★☆☆2026-09-11 09:07Original

Bayer faces pivotal test of $7.25 billion Roundup settlement in Missouri court

Bayer’s Monsanto unit will ask a Missouri state court on Monday to approve a $7.25 billion settlement that could resolve tens of thousands of U.S. lawsuits alleging that its popular Roundup weedkiller causes cancer.

OtherBayerRoundupsettlementU.S. lawsuits

RReutersOriginal★★★☆☆2026-09-11 10:30

Bayer faces pivotal test of $7.25 billion Roundup settlement in Missouri court
Bayer faces pivotal test of $7.25 billion Roundup settlement in Missouri court

Cheers! Global officials praise China’s market appeal at CIFTIS

Officials from Norway, Georgia and Zimbabwe said at the 2026 China International Fair for Trade in Services that the event offers countries an important platform to present distinctive services and products, explore the Chinese market, and expand cooperation in trade, technology and culture.

Trade & sanctionsCIFTISChina marketinternational tradeglobal cooperation

CChina News ServiceOriginal★★☆☆☆2026-09-11 10:25

Cheers! Global officials praise China’s market appeal at CIFTIS

Mexico, Washington sprint toward bilateral trade deal before US elections

Mexico and the United States are rushing to conclude a bilateral trade agreement before the U.S. midterm elections in under eight weeks, six sources familiar with the talks said. The breakdown of Canada’s negotiations with Washington has added urgency to the effort.

Trade & sanctionsCompanies & industryMexicoUnited Statestrade dealmidterm elections

RReutersOriginal★★★★☆2026-09-11 10:15

Mexico, Washington sprint toward bilateral trade deal before US elections
Mexico, Washington sprint toward bilateral trade deal before US elections

Hedge Fund Investment Chief Warns of AI Boom Risks

Greg Jensen, co-chief investment officer at one of the world’s largest hedge funds, issued a dire warning about the risks and consequences of the AI boom on Bloomberg’s Odd Lots podcast.

MarketsTech & AIAI boominvestinghedge funds

BBloomberg NewsOriginal★★☆☆☆2026-09-11 10:15

Hedge Fund Investment Chief Warns of AI Boom Risks

Bitcoin pulls back as another golden cross fails to deliver

Bitcoin retreats as another golden-cross signal fails to produce the expected gains. While the pattern may support the cryptocurrency’s longer-term outlook, history indicates that much of the upside often comes before the signal appears.

CryptoBitcoincryptocurrencymarket trends

CCoinDeskOriginal★★☆☆☆2026-09-11 10:13

Bitcoin pulls back as another golden cross fails to deliver
Bitcoin pulls back as another golden cross fails to deliver

China’s young investors embrace risk. Why are their portfolios so safe?

Young Chinese investors may be as willing to take risks as their peers elsewhere, but their actual portfolios are more conservative. A CFA Institute researcher links the gap to years of relative weakness in China’s stock market, a prolonged property downturn and deflation, describing it as an “aspiration-implementation...” disconnect.

MarketsChina investorsyoung peopleinvestment portfoliosstock market

SSouth China Morning PostOriginal★★☆☆☆2026-09-11 10:05

China’s young investors embrace risk. Why are their portfolios so safe?
China’s young investors embrace risk. Why are their portfolios so safe?

US Tariff Woes Make Bedfellows of South Africa and Canada

US tariff troubles are bringing South Africa and Canada together. In an Aug. 27 TikTok video, President Donald Trump intensified his trade confrontation with Canada by crossing Lake Ontario off a map and declaring, “Now we have Lake America.”

Trade & sanctionsUS tariffsCanadaSouth Africatrade confrontation

BBloomberg NewsOriginal★★★☆☆2026-09-11 10:00

US Tariff Woes Make Bedfellows of South Africa and Canada
US Tariff Woes Make Bedfellows of South Africa and Canada

Italy moves to speed oil, gas projects in energy security push

Italy adopted measures on Thursday to boost domestic oil and gas production, Prime Minister Giorgia Meloni said. The steps seek to cut red tape around drilling licenses and reduce the country’s dependence on imported fossil fuels.

Energy & commoditiesItalyenergy securityoil and gas

RReutersOriginal★★★☆☆2026-09-11 09:50

Italy moves to speed oil, gas projects in energy security push
Italy moves to speed oil, gas projects in energy security push

China caps fuel price rises for third time since Iran war began

China has capped increases in retail transportation-fuel prices for the third time since the Iran war began, the state planner said Friday, seeking to cushion the domestic market from rising international oil prices.

Energy & commoditiesChinafuel pricesinternational oil prices

RReutersOriginal★★★☆☆2026-09-11 09:35

China caps fuel price rises for third time since Iran war began
China caps fuel price rises for third time since Iran war began

OPEC+ output falls by 980,000 bpd in August, remains below target — IEA

Oil production by OPEC+ countries participating in the output-cut agreement fell by 980,000 barrels per day in August, the IEA said. Their target was 34.27 million bpd, but actual output was 27 million bpd, leaving production about 7.26 million bpd below plan. Total OPEC+ output fell by 1.46 million bpd to 33.11 million bpd.

Energy & commoditiesCompanies & industryOPEC+oil productionIEA

TTASSOriginal★★★☆☆2026-09-11 09:32

OPEC+ output falls by 980,000 bpd in August, remains below target — IEA

IEA warns 2026 oil supply gap will widen as normal Gulf flows are delayed

The International Energy Agency said global oil supply and demand will contract more than previously expected this year. With no progress toward ending the Iran war, normal Middle East flows may not return until 2027, driving fuel prices sharply higher.

Energy & commoditiesoil supplyfuel pricesIran war

RReutersOriginal★★★★☆2026-09-11 09:25

IEA warns 2026 oil supply gap will widen as normal Gulf flows are delayed
IEA warns 2026 oil supply gap will widen as normal Gulf flows are delayed

CLARITY Act’s biggest Senate vote could come before the bill is finished

White House digital assets adviser Patrick Witt framed the Senate’s immediate choice on the CLARITY Act as supporting the bill while continuing negotiations. A Sept. 15 procedural vote needs 60 votes to begin debate and amendments. Republicans have proposed substitute text adding a CFTC framework for nominally decentralized protocols controlled by an identifiable party, but disputes over prediction markets, Tribal sovereignty, crypto ethics and stablecoin rewards remain unresolved.

CryptoCLARITY ActU.S. Senatecrypto regulationdecentralized finance

CCryptoSlateOriginal★★★☆☆2026-09-11 09:20

CLARITY Act’s biggest Senate vote could come before the bill is finished
CLARITY Act’s biggest Senate vote could come before the bill is finished

Cargo shipping costs rise as Rhine water levels drop again

Water levels on Germany’s Rhine have fallen again this week following mostly dry weather, according to the country’s inland navigation agency. Commodity traders said the decline was driving up cargo shipping costs.

Trade & sanctionsRhine RiverGermanyinland shippingcargo costs

RReutersOriginal★★☆☆☆2026-09-11 09:15

Cargo shipping costs rise as Rhine water levels drop again
Cargo shipping costs rise as Rhine water levels drop again

First China–Murmansk voyage turns city into major logistics hub, expert says

A NewNew Shipping Line container ship reached Murmansk from China via the Northern Sea Route in late August with more than 500 containers of automotive components, then began a return trip carrying 26,400 tons of potash fertilizer. An expert said the trial voyage is elevating Murmansk and its port into a major transit and logistics hub in northwestern Russia.

Trade & sanctionsMurmanskNorthern Sea RoutelogisticsChina-Russia trade

TTASSOriginal★★★☆☆2026-09-11 09:08

First China–Murmansk voyage turns city into major logistics hub, expert says

Russia’s oil exports fall to 6.44 mbd in August as revenues rise to $13.8 bln — IEA

Russia’s oil and petroleum-product exports declined by 410,000 barrels per day in August to 6.44 million bpd, the IEA reported. Export revenue rose by $330 million month-on-month to $13.87 billion as oil and petroleum-product prices increased, exceeding last August’s figure by $320 million.

Energy & commoditiesTrade & sanctionsCompanies & industryRussiaoil exportsIEA

TTASSOriginal★★★☆☆2026-09-11 09:05

Russia’s oil exports fall to 6.44 mbd in August as revenues rise to $13.8 bln — IEA

Mainland investors seen driving Hong Kong’s wealth boom despite new tax rules

Hong Kong banks expect mainland Chinese investors to contribute an increasing share of the city’s wealth-management business through 2030, despite Beijing’s tighter cross-border tax rules. A Hong Kong Association of Banks and Deloitte China report projects mainland investors’ share of local assets under management will rise from 59% to 68% within five years.

Macro & central banksMarketsHong KongMainland investorsWealth management

SSouth China Morning PostOriginal★★☆☆☆2026-09-11 09:00

Mainland investors seen driving Hong Kong’s wealth boom despite new tax rules
Mainland investors seen driving Hong Kong’s wealth boom despite new tax rules

EXCLUSIVE: Hong Kong watchdog tells firms how to cooperate in raids as share sales face greater scrutiny

Hong Kong’s securities watchdog advised investment banks at an industry meeting on how to cooperate during regulatory raids, according to two people familiar with the discussion. The guidance points to closer scrutiny, particularly of the booming share-sales market.

Companies & industryHong Kongsecurities regulationshare sales

RReutersOriginal★★☆☆☆2026-09-11 08:45

EXCLUSIVE: Hong Kong watchdog tells firms how to cooperate in raids as share sales face greater scrutiny
EXCLUSIVE: Hong Kong watchdog tells firms how to cooperate in raids as share sales face greater scrutiny

US diesel prices soar past $6 a gallon, deepening strain on everyday goods hauling

Average U.S. diesel prices have set another record by climbing above $6 a gallon. Washington’s war with Iran is disrupting the global flow of fuel and putting greater pressure on the transport of everyday goods.

Energy & commoditiesUS diesel pricesfuel supplyIran war

TThe Associated PressOriginal★★★★☆2026-09-11 08:44

US diesel prices soar past $6 a gallon, deepening strain on everyday goods hauling
US diesel prices soar past $6 a gallon, deepening strain on everyday goods hauling

Russian stocks fall as main trading session opens

Russian stocks moved lower at the start of Friday’s main trading session. By 10:00 a.m. Moscow time, the MOEX and RTS indices had each lost 0.37%, while the yuan rose against the ruble; by 10:30 a.m., both indices were down 0.35%.

MarketsRussian stocksMOEX IndexRTS Index

TTASSOriginal★★☆☆☆2026-09-11 08:31

Russian stocks fall as main trading session opens
  • MOEX Index falls as morning trading opens

    The MOEX Index fell 0.27% to 2,304.14 points when morning trading opened on Friday. By 7:10 a.m. Moscow time, it was down 1.5% at 2,301.01 points.

    stock marketMoscow ExchangeMOEX Index

    TTASS★★☆☆☆2026-09-11 06:18Original

Zara owner Inditex looks to the US for its next growth phase

Fast-fashion giant Inditex is treating the United States as a key growth market, CEO Oscar Garcia Maceiras told Reuters. The Zara owner is opening new stores and upgrading existing ones to attract more aspirational shoppers.

Companies & industryInditexZaraUS marketretail expansion

RReutersOriginal★★☆☆☆2026-09-11 08:05

Zara owner Inditex looks to the US for its next growth phase
Zara owner Inditex looks to the US for its next growth phase

Hang Seng rolls out five wealth management strategies

Hong Kong’s wealth management landscape has moved beyond single-product investing, with more families adopting integrated planning to strengthen financial resilience, maintain lifestyle continuity and support long-term stewardship across generations. Hang Seng Bank is responding with five wealth strategies, including optimising its service network and focusing more on family wealth planning.

MarketsBanking & financewealth managementHang Seng BankHong Kong

SSouth China Morning PostOriginal★★☆☆☆2026-09-11 08:00

Hang Seng rolls out five wealth management strategies
Hang Seng rolls out five wealth management strategies

Would a $20 minimum wage in Quebec actually be a 'big blow' to the economy?

Québec Solidaire is proposing a $20 minimum wage to ease pressure on low-income workers. Coalition Avenir Québec Leader Christine Fréchette warns that raising it too quickly could have harmful ripple effects, while others question that assessment.

Macro & central banksQuebecminimum wageeconomic impact

CCBC NewsOriginal★★★☆☆2026-09-11 08:00

Would a $20 minimum wage in Quebec actually be a 'big blow' to the economy?

Growth: France lags behind its European neighbours

Insee has sharply lowered its 2026 growth forecast from 0.7% to 0.4%. After a subdued first half, weak consumption, declining investment and rising inflation are worsening the outlook for the end of the year.

Macro & central banksFrance economygrowth forecastinflation

EeuronewsOriginal★★★☆☆2026-09-11 07:48

Growth: France lags behind its European neighbours

Further European rate hikes ‘very much dependent’ on energy costs, Bundesbank chief says

Bundesbank President Joachim Nagel said any move to take interest rates into restrictive territory would be “very much dependent” on how energy prices develop.

Macro & central banksEnergy & commoditiesEuropean Central Bankinterest ratesenergy prices

CCNBCOriginal★★☆☆☆2026-09-11 07:40

Further European rate hikes ‘very much dependent’ on energy costs, Bundesbank chief says
Further European rate hikes ‘very much dependent’ on energy costs, Bundesbank chief says
  • Can an ECB rate hike stop an energy-driven inflation shock?

    The European Central Bank is lifting borrowing costs in an effort to prevent high energy prices from turning into persistent inflation. Economists disagree over how high rates need to go and how much damage they could do to growth.

    ECBrate hikesenergy costsinflation

    Eeuronews★★★★☆2026-09-11 05:33Original

Jamie Dimon joins bankers lobbying the UK ahead of its critical budget — here’s why they’re worried

Bankers, including Jamie Dimon, are pressing the British government ahead of its Autumn Budget. The newly installed leadership is expected to set out Britain’s fiscal plans in the budget, prompting concern among the banking community.

Macro & central banksBanking & financeUK budgetbankingfiscal policy

CCNBCOriginal★★★☆☆2026-09-11 07:03

Jamie Dimon joins bankers lobbying the UK ahead of its critical budget — here’s why they’re worried
Jamie Dimon joins bankers lobbying the UK ahead of its critical budget — here’s why they’re worried

US Treasury yield hits 19-year high, Japanese yen strengthens: the numbers moving markets

China’s buoyant stock market lifted brokers’ first-half earnings, while Hong Kong continued to see growth in retirement assets. A stronger yen and Washington’s Treasury buy-back programme also pointed to changing conditions in global currency and bond markets. Chinese brokerages reported core-business revenue growth of more than 50 per cent.

MarketsUS TreasuriesJapanese yenChina stocksHong Kong retirement assets

SSouth China Morning PostOriginal★★☆☆☆2026-09-11 07:00

US Treasury yield hits 19-year high, Japanese yen strengthens: the numbers moving markets
US Treasury yield hits 19-year high, Japanese yen strengthens: the numbers moving markets

Hong Kong draws back talent as IPO boom fuels financial hub revival

Hong Kong is attracting professionals back as a booming IPO market helps the city regain ground as a global financial hub, reversing the talent exodus that followed the political and social unrest of 2019 and some of the world’s strictest COVID restrictions.

MarketsEnergy & commoditiesBanking & financeHong KongIPOsfinancial hubtalent return

RReutersOriginal★★★☆☆2026-09-11 06:50

Hong Kong draws back talent as IPO boom fuels financial hub revival
Hong Kong draws back talent as IPO boom fuels financial hub revival

Rising Aave borrow rates threaten to turn Ethena’s USDe yield loops negative

LlamaRisk has proposed raising USDe borrowing costs across five Aave V3 markets, lifting the base variable rate from 5% to 6% while lowering Slope1. At Sept. 9 utilization levels, modeled borrower APRs would rise by 13 to 89 basis points, putting leveraged strategies that recycle borrowed USDe into sUSDe at risk of negative carry.

MarketsAaveEthenaUSDeBorrowing rates

CCryptoSlateOriginal★★☆☆☆2026-09-11 06:40

Rising Aave borrow rates threaten to turn Ethena’s USDe yield loops negative
Rising Aave borrow rates threaten to turn Ethena’s USDe yield loops negative

Global bond selloff pushes 10-year US yield toward 5% on oil, rate-hike fears

A worldwide bond selloff sent the U.S. 10-year Treasury yield close to the closely watched 5% threshold on Friday. Investors were rattled by inflation fears after oil prices surged well above $100 a barrel and by growing expectations of a near-term U.S. rate hike.

Macro & central banksMarketsEnergy & commoditiesglobal bondsUS Treasuriesoil pricesinterest rates

RReutersOriginal★★★★☆2026-09-11 06:15

Global bond selloff pushes 10-year US yield toward 5% on oil, rate-hike fears
Global bond selloff pushes 10-year US yield toward 5% on oil, rate-hike fears

Dollar holds gains, yen slips as Middle East energy shock deepens

The dollar stayed near its highest level of the past week in Asian trading on Friday, while the yen weakened. Renewed fears of disruptions to Middle East energy supplies lifted bond yields and oil prices.

MarketsEnergy & commoditiesUS dollarJapanese yenenergy supplyoil prices

RReutersOriginal★★★★☆2026-09-11 06:05

Dollar holds gains, yen slips as Middle East energy shock deepens
Dollar holds gains, yen slips as Middle East energy shock deepens
  • Australian fuel prices set to rise by 30c as global markets react to ‘deadly cocktail’
    Australian fuel prices set to rise by 30c as global markets react to ‘deadly cocktail’

    Australian petrol and diesel prices could rise by 20 to 30 cents a litre in coming weeks after the escalating Middle East conflict pushed Brent crude above $108 a barrel. Investors sold stocks and bonds amid concerns over high energy costs, Donald Trump’s proposed $5,000 dividend and the prospect of further US and Australian interest-rate rises.

    Australian fuel pricesoil pricesMiddle East conflictinterest rates

    TThe Guardian★★★★☆2026-09-11 06:00Original