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Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames ‘lower happiness’

Goldman Sachs economist Joseph Briggs said broader pessimism in society may be weighing on consumer sentiment, even as the economy continues to perform solidly.

Macro & central banksBanking & financeCompanies & industryconsumer sentimentGoldman Sachseconomy

CCNBCOriginal★★☆☆☆2026-09-19 12:50

Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames ‘lower happiness’
Consumer sentiment is in the dumps despite a solid economy. Goldman Sachs blames ‘lower happiness’

Tunisia’s Booming Boat Industry: From Pleasure Craft to Luxury Yachts

Tunisia’s boating sector is expanding quietly despite a sluggish economy. Since its reorganisation through a trade association in 2024, foreign factories have opened in the country, turning it into a hub for building everything from pleasure craft to sophisticated yachts.

Companies & industryTunisiaboat industryyachtsmanufacturing

FFrance 24Original★★☆☆☆2026-09-19 12:40

Tunisia’s Booming Boat Industry: From Pleasure Craft to Luxury Yachts
Tunisia’s Booming Boat Industry: From Pleasure Craft to Luxury Yachts

Why Wall Street giants are building tokenized money for institutions, not regular consumers

JPMorgan and Citi are moving billions of dollars in tokenized deposits between their own branches, rather than offering them to ordinary consumers. A U.K. challenger bank is about to pursue an approach neither bank has tried.

MarketsCryptoBanking & financeCompanies & industrytokenizationbankinginstitutional finance

CCoinDeskOriginal★★☆☆☆2026-09-19 12:00

Why Wall Street giants are building tokenized money for institutions, not regular consumers
Why Wall Street giants are building tokenized money for institutions, not regular consumers

China rolls out measures to boost RV tourism

China has introduced measures to expand recreational vehicle tourism and stimulate tourism-related consumption. They promote dedicated routes and infrastructure, including parking, water, charging and sewage services; extend the permitted service life of rental RVs; and encourage deposit-free rentals, one-way returns, customized products, and new-energy, smart and green vehicles.

Companies & industryChinaRV tourismtourism spendinggreen vehicles

CCGTNOriginal★★☆☆☆2026-09-19 09:02

China rolls out measures to boost RV tourism
China rolls out measures to boost RV tourism

China investigates Meituan and Alibaba units for suspected antitrust violations

China’s market regulator is investigating Meituan unit Beijing Sankuai Information Technology over suspected violations of unfair competition laws, state broadcaster CCTV reported on Saturday. An Alibaba unit is also named in the headline, but no further details are provided here.

Companies & industryChinaMeituanAlibabaantitrust investigation

RReutersOriginal★★★☆☆2026-09-19 07:15

China investigates Meituan and Alibaba units for suspected antitrust violations
China investigates Meituan and Alibaba units for suspected antitrust violations

Bolivia cuts diesel subsidies as Congress approves $1.9 billion IMF deal

Bolivia has cut diesel subsidies as Congress ratified a $1.9 billion deal with the IMF to help ease the country’s deep economic crisis. La Paz hopes final approval by the IMF executive board will unlock additional financing from institutions including the World Bank and help restore its struggling credit standing.

Energy & commoditiesCompanies & industryBoliviadiesel subsidiesIMFeconomic crisis

EeuronewsOriginal★★★☆☆2026-09-19 06:54

Bolivia cuts diesel subsidies as Congress approves $1.9 billion IMF deal
  • Bolivia’s Congress approves $1.9bn IMF loan amid protest threats
    Bolivia’s Congress approves $1.9bn IMF loan amid protest threats

    Bolivia’s Congress approved a $1.9bn IMF loan, a major win for President Rodrigo Paz. Unions warn that the agreement’s required fuel-subsidy cuts and spending restraint will raise living costs and could trigger renewed unrest. The loan still requires approval from the IMF’s Executive Board.

    BoliviaIMFfuel subsidiesprotests

    AAl Jazeera★★★★☆2026-09-19 04:22Original

Auto Industry Urges Trump to Keep Chinese Carmakers Out of US

A broad alliance of automakers, suppliers and dealers is pressing President Donald Trump to block Chinese cars from entering the US. The appeal has intensified ahead of a planned US-China summit next week, where Chinese electric-vehicle giant BYD Co. could potentially play a role.

Companies & industryUS auto industryChinese carsDonald TrumpBYD

BBloomberg NewsOriginal★★★☆☆2026-09-19 04:00

Auto Industry Urges Trump to Keep Chinese Carmakers Out of US
Auto Industry Urges Trump to Keep Chinese Carmakers Out of US

FCC grants Paramount’s request for indirect Gulf ownership in Warner Bros. Discovery buyout

The FCC has approved Paramount’s request involving indirect ownership by Gulf funds as Paramount pursues a takeover of Warner Bros. Discovery. The company has secured billions of dollars in financial backing from three Gulf countries.

Companies & industryParamountWarner Bros. DiscoveryFCCGulf funds

TThe Associated PressOriginal★★☆☆☆2026-09-19 03:00

FCC grants Paramount’s request for indirect Gulf ownership in Warner Bros. Discovery buyout
FCC grants Paramount’s request for indirect Gulf ownership in Warner Bros. Discovery buyout

Saudis Tell European Refiners They’ll Get No Crude Next Month

Saudi Aramco has told at least two European refining customers that they will receive no crude next month under their long-term agreements, according to people familiar with the decision, after an attack on the kingdom’s key pipeline to the Red Sea.

Energy & commoditiesSaudi ArabiaSaudi Aramcocrude supplyRed Sea pipeline

BBloomberg NewsOriginal★★★★☆2026-09-19 03:00

Saudis Tell European Refiners They’ll Get No Crude Next Month
Saudis Tell European Refiners They’ll Get No Crude Next Month
  • Europe’s Oil Supply Pressure Mounts After Attack Cuts Saudi Sales
    Europe’s Oil Supply Pressure Mounts After Attack Cuts Saudi Sales

    The shutdown of Saudi Arabia’s East-West pipeline following an attack is forcing European buyers to scramble for alternative cargoes. With fuel prices soaring, the region’s oil refiners are paying eye-watering premiums for supplies.

    oil supplySaudi ArabiaEuropefuel prices

    BBloomberg News★★★★☆2026-09-19 01:30Original

Jet Fuel Prices Rise to Near Highest Levels Since Iran War

Jet fuel prices in parts of the US have climbed back close to their highest level since the US-Iran war began, renewing cost concerns for airlines and travelers.

Energy & commoditiesCompanies & industryjet fuelairlinesenergy prices

BBloomberg NewsOriginal★★☆☆☆2026-09-19 01:00

Jet Fuel Prices Rise to Near Highest Levels Since Iran War
Jet Fuel Prices Rise to Near Highest Levels Since Iran War
  • WATCH: Airlines cut flights as jet fuel costs soar
    WATCH: Airlines cut flights as jet fuel costs soar

    Airlines are cutting flights as jet fuel costs surge. Points Guy managing editor Clint Henderson explains what travelers should do if a flight is canceled and whether some flights face a higher cancellation risk than others.

    airlinesjet fuelflight cancellations

    AABC News★★☆☆☆2026-09-19 00:23Original

Perfect Diary owner Yatsen doubles down on skincare and R&D after overhaul

Yatsen Group, the Chinese beauty company behind Perfect Diary, plans to expand skincare and new-product research to sustain growth after years of restructuring and overseas-brand acquisitions. It will pause its acquisition spree for now, focus on its existing skincare portfolio and maintain or potentially increase R&D spending.

Companies & industryYatsen GroupPerfect DiaryskincareR&D

SSouth China Morning PostOriginal★★☆☆☆2026-09-19 01:00

Perfect Diary owner Yatsen doubles down on skincare and R&D after overhaul
Perfect Diary owner Yatsen doubles down on skincare and R&D after overhaul

Tata Sons: India’s corporate crown braces for boardroom upheaval

Tata Sons’ board has defied its 66% shareholder, Tata Trusts, by reappointing N Chandrasekaran as chairman and backing a public listing. Tata Trusts calls the move illegal and opposes the listing, raising the prospect of a prolonged governance and legal battle over leadership and the group’s future structure.

MarketsCompanies & industryTata Sonsboardroom disputecorporate governancepublic listing

BBBC NewsOriginal★★★☆☆2026-09-18 23:07

Tata Sons: India’s corporate crown braces for boardroom upheaval
Tata Sons: India’s corporate crown braces for boardroom upheaval

Nvidia-backed AI cloud firm Nscale reveals revenue surge in US IPO filing

British cloud provider Nscale said on Friday that its revenue jumped 1,252% in the first half of 2026 as it seeks to capitalize on investor enthusiasm for AI stocks through a US listing. The company is backed by chip giant Nvidia.

MarketsCompanies & industryTech & AINscaleartificial intelligenceIPO

RReutersOriginal★★☆☆☆2026-09-18 22:10

Nvidia-backed AI cloud firm Nscale reveals revenue surge in US IPO filing
Nvidia-backed AI cloud firm Nscale reveals revenue surge in US IPO filing

Trump’s $1.4 Billion Crypto Haul Comes Back to Haunt the Industry

The crypto industry watched uneasily as its landmark bill stalled on the Senate floor Tuesday. Democrats initially took the blame after none voted to advance it, but some industry supporters pointed instead to President Donald Trump and the roughly $1.4 billion he earned from crypto ventures last year.

CryptoCompanies & industryDonald TrumpcryptocurrencyUS Senate

BBloomberg NewsOriginal★★★☆☆2026-09-18 20:30

Trump’s $1.4 Billion Crypto Haul Comes Back to Haunt the Industry
Trump’s $1.4 Billion Crypto Haul Comes Back to Haunt the Industry

Volkswagen Cuts Profit Outlook After China Sales Slump and $6.9 Billion Writedown

Volkswagen lowered its profit forecast after a sharp contraction in China and a €6 billion ($6.9 billion) writedown linked to sports-car maker Porsche, adding to concerns about mounting pressure on the global auto industry.

Companies & industryVolkswagenChina salesPorscheauto industry

BBloomberg NewsOriginal★★★★☆2026-09-18 20:00

Volkswagen Cuts Profit Outlook After China Sales Slump and $6.9 Billion Writedown
Volkswagen Cuts Profit Outlook After China Sales Slump and $6.9 Billion Writedown

Warren Buffett steps down as Berkshire Hathaway chairman

Warren Buffett is stepping down as Berkshire Hathaway chairman and will immediately become chairman emeritus. His son Howard will succeed him, while Greg Abel remains CEO, completing a long-planned transition at the top of the conglomerate.

Companies & industryWarren BuffettBerkshire Hathawayleadership transition

AAl JazeeraOriginal★★★☆☆2026-09-18 18:32

Warren Buffett steps down as Berkshire Hathaway chairman
Warren Buffett steps down as Berkshire Hathaway chairman

Saudi Aramco says European customers will get no October crude under long-term contracts

Saudi Aramco has told European customers they will receive no crude in October under long-term contracts after a drone attack shut down the East–West pipeline to the Red Sea. Saudi Arabia says the drones were launched from Iraq. Aramco expects partial service within days and full capacity within six weeks.

Energy & commoditiesCompanies & industrySaudi Aramcooil supplydrone attackEuropean refiners

MMeduzaOriginal★★★★☆2026-09-18 18:23

Saudi Aramco says European customers will get no October crude under long-term contracts
Saudi Aramco says European customers will get no October crude under long-term contracts

German-Russian Friendship Society backs Russia-US-Germany business forum

The Berlin branch of the German-Russian Friendship Society supports Kirill Dmitriev’s initiative to hold a Russia-US-Germany business forum. Its head, Torsten Rexin, said any effort to revive economic cooperation was welcome after relations had steadily deteriorated since at least 2014. More than 20 German companies have reportedly applied for the planned 2027 forum.

Macro & central banksCompanies & industryRussia-US-Germany forumGerman-Russian relationseconomic cooperation

TTASSOriginal★★☆☆☆2026-09-18 18:10

German-Russian Friendship Society backs Russia-US-Germany business forum

New Berkshire Chair Howard Buffett Knows the Firm Well

Howard Buffett, the eldest son of legendary investor Warren Buffett, is taking over as Berkshire Hathaway’s chairman. He brings extensive familiarity with corporate governance and the company’s operations to the role.

Companies & industryBerkshire HathawayHoward Buffettcorporate governance

BBloomberg NewsOriginal★★☆☆☆2026-09-18 17:30

New Berkshire Chair Howard Buffett Knows the Firm Well
New Berkshire Chair Howard Buffett Knows the Firm Well

PizzaExpress cooks up sale at up to £500mn valuation

PizzaExpress is preparing a sale that could value the company at up to £500mn. Its owners, including Bain Capital’s special situations unit and Cyrus Capital Partners, are working with bankers at Rothschild.

MarketsCompanies & industryPizzaExpresssalevaluationprivate equity

FFinancial TimesOriginal★★☆☆☆2026-09-18 17:24

PizzaExpress cooks up sale at up to £500mn valuation

Auto industry urges Trump to keep Chinese automakers out ahead of Xi meeting

Major automakers, suppliers and dealers urged President Donald Trump on Friday to keep Chinese automakers out of the U.S. market, ahead of his meeting with Chinese President Xi Jinping next week.

Companies & industryU.S. auto industryChinese automakersDonald TrumpU.S.-China relations

RReutersOriginal★★★☆☆2026-09-18 17:05

Auto industry urges Trump to keep Chinese automakers out ahead of Xi meeting
Auto industry urges Trump to keep Chinese automakers out ahead of Xi meeting

Abu Dhabi gains on IHC rally, Dubai falls

Abu Dhabi’s index ended higher on Friday as healthcare and consumer staples shares rose, while Dubai’s market moved in the opposite direction and closed lower.

MarketsCompanies & industryAbu DhabiDubaistock marketsInternational Holding Company

RReutersOriginal★★☆☆☆2026-09-18 16:40

Abu Dhabi gains on IHC rally, Dubai falls
Abu Dhabi gains on IHC rally, Dubai falls

Caviar and champagne: Air France's luxury shift helps ride out Iran war impact

Air France’s costly push into luxury, marked by generous servings of caviar and champagne, appears to be paying off. CEO Ben Smith told Reuters that the strategy is helping the Paris-based airline weather the impact of the Iran war.

Companies & industryAir Franceaviationluxury travelIran war

RReutersOriginal★★☆☆☆2026-09-18 16:30

Caviar and champagne: Air France's luxury shift helps ride out Iran war impact
Caviar and champagne: Air France's luxury shift helps ride out Iran war impact

Court sheds further light on who was at fault in SVB’s collapse

A federal judge rejected claims that criticism of the bank’s executives was based on hindsight, offering further clarity on responsibility for Silicon Valley Bank’s implosion.

Banking & financeSilicon Valley Bankbankingcourt ruling

FFinancial TimesOriginal★★★☆☆2026-09-18 15:34

Court sheds further light on who was at fault in SVB’s collapse

Kremlin moves to seize Nestlé and Auchan assets in Russia

The Kremlin has moved to seize the Russian assets of Nestlé and French retailer Auchan as part of a broader nationalization drive. The campaign has brought a surge in government takeovers of privately owned companies.

MarketsCompanies & industryRussiaasset seizurenationalization

CCNNOriginal★★★☆☆2026-09-18 15:30

Kremlin moves to seize Nestlé and Auchan assets in Russia
  • IN BRIEF: What is known about transfer of Auchan, Lemana Pro, Nestle assets in Russia

    Assets belonging to Auchan, Lemana Pro and Nestle in Russia have been placed under the temporary management of L.E.V. Management under a decree signed by President Vladimir Putin. The companies are seeking clarification, while saying their operations and facilities continue as usual; Nestle says it will take steps to protect its rights.

    Russiatemporary managementAuchanNestle

    TTASS★★★☆☆2026-09-18 13:40Original
  • Kremlin announces external management of Russian Nestle assets, MC-21-310 deal

    Kremlin spokesman Dmitry Peskov said the current decision concerns only placing the Russian assets of Auchan, Lemana Pro and Nestle under external management, with L.E.V. Management chosen as temporary administrator. He also called the planned MC-21-310 aircraft supply agreement a breakthrough and highly important for Russia.

    Russiaexternal managementNestleMC-21-310

    TTASS★★★☆☆2026-09-18 12:52Original
  • Russia seizes control of Nestlé and French firms’ assets

    Russia has put the local operations of Nestlé, Auchan and other Western-linked companies under temporary administration. Nestlé is considering its options, while Auchan and Lemana Pro say their Russian businesses are continuing as usual.

    RussiaNestléAuchantemporary administration

    Eeuronews★★★☆☆2026-09-18 10:18Original
  • Nestlé and Auchan respond after Putin places their Russian assets under temporary management
    Nestlé and Auchan respond after Putin places their Russian assets under temporary management

    Nestlé says it is assessing President Vladimir Putin’s decree placing its Russian business under “temporary external administration” and will take necessary steps to protect its rights. Auchan says its Russian subsidiary and all outlets continue operating normally while it seeks clarification.

    RussiaNestléAuchantemporary management

    MMeduza★★★☆☆2026-09-18 10:03Original

Air France bets on caviar and champagne to lure luxury flyers

Air France is using lavish first-class offerings, including caviar and champagne, to keep wealthy travellers spending as high fuel costs and disrupted travel patterns pressure airlines worldwide. The Paris-based carrier says premium bookings and revenue have increased this year despite broadly higher fares.

Companies & industryAir Franceluxury travelairlines

FFrance 24Original★★☆☆☆2026-09-18 15:23

Air France bets on caviar and champagne to lure luxury flyers
Air France bets on caviar and champagne to lure luxury flyers

Aeroflot, Rostec sign contract for 90 MC-21 aircraft

Aeroflot and three Rostec companies signed a contract for 90 domestically produced MC-21 medium-haul aircraft, to be delivered from 2029 to 2032. The deal is described as the largest in Russian civil aviation history. The first 18 aircraft from an earlier contract are expected from 2027.

Companies & industryAeroflotRostecMC-21 aircraft

TTASSOriginal★★★☆☆2026-09-18 15:15

Aeroflot, Rostec sign contract for 90 MC-21 aircraft

China says it will monitor EU moves on hybrid cars, opposes ‘voluntary limit’ on exports

China’s foreign ministry said on Friday that Beijing would closely monitor EU action against its electric vehicle industry and take measures to protect the rights and interests of Chinese companies. China opposes a “voluntary limit” on exports.

Trade & sanctionsCompanies & industryChinaEuropean Unionhybrid carsexport limits

RReutersOriginal★★★★☆2026-09-18 15:15

China says it will monitor EU moves on hybrid cars, opposes ‘voluntary limit’ on exports
China says it will monitor EU moves on hybrid cars, opposes ‘voluntary limit’ on exports

Officials: Xi’s instruction offers guidance for advanced manufacturing

At a national conference in Beijing, officials and industry representatives said Xi Jinping’s instruction to expand and strengthen advanced manufacturing has set the direction for building a manufacturing powerhouse. They pledged to pursue industrial upgrading, breakthroughs in core technologies, smarter and greener development, and more resilient supply chains.

Companies & industryadvanced manufacturingXi JinpingChina manufacturingindustrial upgrading

CCGTNOriginal★★★☆☆2026-09-18 14:51

Officials: Xi’s instruction offers guidance for advanced manufacturing
Officials: Xi’s instruction offers guidance for advanced manufacturing

Record EU fuel prices prompt calls for bloc-wide windfall tax on energy firms

Near-record fuel and gas prices are driving European governments to discuss a bloc-wide windfall tax on energy companies. Germany’s finance minister, Lars Klingbeil, accused oil firms of exploiting the Middle East situation and urged the European Commission to propose taxation models. High energy costs have become a major political issue in France and Italy.

Macro & central banksEnergy & commoditiesCompanies & industryEUfuel priceswindfall taxenergy crisis

TThe GuardianOriginal★★★★☆2026-09-18 14:42

Record EU fuel prices prompt calls for bloc-wide windfall tax on energy firms
Record EU fuel prices prompt calls for bloc-wide windfall tax on energy firms

As Russia targets Ukraine’s economy, keeping businesses alive takes priority

As Russian attacks on Ukrainian businesses intensify, Kyiv’s effort to attract investment to the wartime economy is being overtaken by the need to keep companies operating. Businesses report destroyed equipment, burned inventory and deaths. The government is considering expanded financing and state-backed war-risk insurance, funded partly by raising VAT from 20% to 21%, a plan businesses oppose.

Macro & central banksBanking & financeCompanies & industryUkraine economyRussian attacksbusiness supportwar-risk insurance

TThe Kyiv IndependentOriginal★★★★☆2026-09-18 14:33

As Russia targets Ukraine’s economy, keeping businesses alive takes priority
As Russia targets Ukraine’s economy, keeping businesses alive takes priority

EXCLUSIVE: China Rare Earth Group in talks to buy Shenghe Resources stake, sources say

State-owned China Rare Earth Group is negotiating to acquire Shenghe Resources, according to two people familiar with the matter. The deal would strengthen Beijing’s control of the sector and give the group a stake in one of Washington’s rare-earth companies.

Energy & commoditiesCompanies & industryChina rare earthsShenghe Resourcesacquisitioncritical minerals

RReutersOriginal★★★☆☆2026-09-18 13:10

EXCLUSIVE: China Rare Earth Group in talks to buy Shenghe Resources stake, sources say
EXCLUSIVE: China Rare Earth Group in talks to buy Shenghe Resources stake, sources say

Putin targets Nestlé’s Russian business as Kremlin tightens grip on Western assets

Nestlé is weighing its options after Russia placed the Swiss food giant’s local assets under temporary external administration.

MarketsCompanies & industryRussiaNestléWestern assets

CCNBCOriginal★★★☆☆2026-09-18 11:28

Putin targets Nestlé’s Russian business as Kremlin tightens grip on Western assets
Putin targets Nestlé’s Russian business as Kremlin tightens grip on Western assets
  • Kremlin says Nestle asset transfer took unfriendly-state status into account

    Kremlin spokesman Dmitry Peskov said Auchan, Nestle and Lemana Pro are from unfriendly countries that assist Ukrainian forces in strikes on civilian economic facilities in Russia. He said that status was among the factors considered when their Russian assets were placed under temporary management.

    RussiaNestleasset management

    TTASS★★★☆☆2026-09-18 11:22Original

A new wave of listings: Tashkent prepares companies for global markets

Uzbekistan’s investment fund, UzNIF, is preparing major telecoms, aviation, banking and energy companies for potential listings. Uztelecom is currently the leading candidate as governance reforms progress and efforts to attract fresh capital accelerate.

MarketsCompanies & industryUzbekistancompany listingsinvestment fund

EeuronewsOriginal★★★☆☆2026-09-18 11:14

A new wave of listings: Tashkent prepares companies for global markets

Germany faces energy tax losses as EV sales rise

Germany’s rapid shift to electric vehicles is reducing revenue from gasoline and diesel energy taxes. As EV sales grow, policymakers face pressure to find new funding for roads and transport infrastructure. An expert warned that without tax changes, the road system could cost the federal government billions of euros.

Macro & central banksEnergy & commoditiesCompanies & industryGermanyelectric vehiclesenergy taxtransport infrastructure

DDWOriginal★★★☆☆2026-09-18 10:55

Germany faces energy tax losses as EV sales rise
Germany faces energy tax losses as EV sales rise

Will AI adoption shrink office space? Asia-Pacific firms remain uncertain

Nearly one in five Asia-Pacific companies surveyed by CBRE believe broader AI adoption will reduce their real estate needs. Some 56 per cent are neutral, saying AI has no effect on office demand or that it is too soon to tell, while 25 per cent expect AI adoption will require…

Companies & industryTech & AIReal Estateartificial intelligenceoffice spaceAsia-Pacificcommercial real estate

SSouth China Morning PostOriginal★★☆☆☆2026-09-18 10:00

Will AI adoption shrink office space? Asia-Pacific firms remain uncertain
Will AI adoption shrink office space? Asia-Pacific firms remain uncertain

Wine production in occupied Crimea fell by a quarter due to logistics and fuel problems

Wine production in occupied Crimea fell 24.7% year-on-year from January through August 2026, while sparkling wine output dropped 38%, according to data cited by Kommersant. Producers face delayed deliveries of bottles and corks, higher transport and packaging costs, power outages, fuel shortages, a poor white-grape harvest, and fewer tourists. After Ukraine intensified attacks on the R-280 highway, carriers began refusing trips and fuel deliveries declined.

Energy & commoditiesCompanies & industryCrimeawine productionlogisticsfuel shortages

MMeduzaOriginal★★★☆☆2026-09-18 09:25

Wine production in occupied Crimea fell by a quarter due to logistics and fuel problems
Wine production in occupied Crimea fell by a quarter due to logistics and fuel problems

Japan’s refiners secure enough crude through November, industry group says

Japan’s oil refiners have secured enough crude supplies to last through November, the Petroleum Association of Japan said on Friday, despite concerns that renewed fighting between Saudi Arabia and Yemen’s Houthis could deepen tensions in the Middle East.

Energy & commoditiesCompanies & industryJapancrude oil supplyoil refinersMiddle East tensions

RReutersOriginal★★★☆☆2026-09-18 09:25

Japan’s refiners secure enough crude through November, industry group says
Japan’s refiners secure enough crude through November, industry group says

Russia seizes assets of Swiss food giant Nestle and three French firms

Russian President Vladimir Putin signed a decree on Thursday transferring the assets of Swiss food giant Nestle and three French groups to LEV Management. After Moscow launched its full-scale invasion of Ukraine, most Western companies quickly sold their Russian operations and holdings, while the Kremlin has since made exits more difficult.

MarketsCompanies & industryRussiaNestleasset seizure

FFrance 24Original★★★☆☆2026-09-18 09:11

Russia seizes assets of Swiss food giant Nestle and three French firms
Russia seizes assets of Swiss food giant Nestle and three French firms

Why risk a smart contract exploit when safe US Treasuries pay better crypto yields?

The Federal Reserve’s 25-basis-point rate increase pushed the one-year Treasury yield to 4.45%, putting pressure on crypto lending returns. Coin Metrics found Aave USDC lenders earned 31 basis points less than Treasuries on average, while Morpho’s median USDC vault exceeded the benchmark by 65 basis points but had about 3.3 times the volatility. The article argues CDOR may better measure on-chain credit conditions than SOFR.

Macro & central banksMarketsCryptoCompanies & industrycrypto lendingUS TreasuriesFederal ReserveAaveMorpho

CCryptoSlateOriginal★★☆☆☆2026-09-18 08:50

Why risk a smart contract exploit when safe US Treasuries pay better crypto yields?
Why risk a smart contract exploit when safe US Treasuries pay better crypto yields?

GCash Owner Wins Approval for Up to $1.5 Billion Philippines IPO

The company behind the Philippines’ largest mobile wallet, GCash, has received approval from the country’s stock exchange operator for an initial public offering of up to 92.3 billion pesos ($1.47 billion), clearing the final regulatory hurdle for what could be a record debut.

MarketsCompanies & industryGCashPhilippinesIPO

BBloomberg NewsOriginal★★★☆☆2026-09-18 08:30

GCash Owner Wins Approval for Up to $1.5 Billion Philippines IPO
GCash Owner Wins Approval for Up to $1.5 Billion Philippines IPO

SBI Group backs payments firm dtcpay in $25 million funding round

Stablecoin payments company dtcpay has completed a $25 million Series A funding round with a strategic investment from Japan’s SBI Group.

CryptoBanking & financeCompanies & industrydtcpaySBI Groupstablecoin paymentsfunding

CCoinDeskOriginal★★☆☆☆2026-09-18 07:37

SBI Group backs payments firm dtcpay in $25 million funding round
SBI Group backs payments firm dtcpay in $25 million funding round

Senior HSBC bankers face double blow from school-fee subsidy cut and job risks

Senior HSBC bankers are set to lose a key employment benefit while also facing possible job cuts as the lender pursues cost reductions and what it calls fair treatment for staff. An internal memo says the bank will end its education subsidy programme for newly hired or promoted senior executives from Friday.

Banking & financeCompanies & industryHSBCHong Kongbankingjobs

SSouth China Morning PostOriginal★★☆☆☆2026-09-18 06:51

Senior HSBC bankers face double blow from school-fee subsidy cut and job risks
Senior HSBC bankers face double blow from school-fee subsidy cut and job risks

Tata Group firms shed $3.2 billion in value amid Tata Sons rift

Shares of Tata Group companies lost about $3.2 billion in market value on Friday as investors reacted to heightened uncertainty over a possible Tata Sons listing and the holding company’s leadership after a public dispute.

Companies & industryTata GroupTata SonsIndia markets

RReutersOriginal★★★☆☆2026-09-18 06:25

Tata Group firms shed $3.2 billion in value amid Tata Sons rift
Tata Group firms shed $3.2 billion in value amid Tata Sons rift

Morgan Stanley, CIBC Win Mandate to Advise on Sale of Canada Airport Concessions

The Canadian government has hired Morgan Stanley and Canadian Imperial Bank of Commerce to advise on selling operating rights at the country’s four largest airports, people familiar with the discussions said.

Banking & financeCompanies & industryCanadaairportsconcessionsMorgan Stanley

BBloomberg NewsOriginal★★★☆☆2026-09-18 06:00

Morgan Stanley, CIBC Win Mandate to Advise on Sale of Canada Airport Concessions
Morgan Stanley, CIBC Win Mandate to Advise on Sale of Canada Airport Concessions