BUSINESS
World economy faces triple risk of tariffs, AI bubble and soaring debt
Policymakers are convening against a background of fresh trade tensions between the world’s two largest economies and political instability in countries from France to Japan.
WORLD
Xi Jinping’s red line on Donald Trump’s export curbs threatens to upend truce
Chinese exports have hit new records in many markets this year, showing Beijing can survive without the US consumer.
BUSINESS
Warner Bros Discovery is said to rebuff Paramount takeover approach
Warner Bros. rejected Paramount’s offer of around $20 per share in recent weeks, the people said, asking not to be identified because the matter is private.
BUSINESS
China tells US to back off on tariff threats, urges more talks
China’s recent trade countermeasures on US-related issues were necessary, defensive actions, the Ministry of Commerce said in a statement on Sunday.
BUSINESS
Two billion-dollar debuts test strength of hot India IPO market
Tata Group’s shadow-lending unit, which raised 155 billion rupees ($1.7 billion) in India’s largest IPO this year, will list on Monday, followed by the Indian unit of South Korea’s LG Electronics Inc. a day later. LG’s sale was the most oversubscribed deal of that size in 17 years.
WORLD
Trump’s dealmaking diplomacy grows fragile as China fires back
Trump posted nearly 500-word Truth Social post around 11 a.m. in New York on Friday threatening a “massive increase” of tariffs on goods from China.
BUSINESS
Crypto sees more than $6 billion in liquidations
While market weakness had already been present coming into Friday, Trump’s post sparked a decline of more than 12% in Bitcoin.
BUSINESS
The world’s chip supply chain is bracing for fallout from China’s rare-earth curbs
China’s new rules require overseas firms to seek approval for shipping any material containing even trace amounts of Chinese rare earths — and explicitly call out parts used to make certain computer chips and advance AI research with military applications.
WORLD
Kim hosts China, Russia and Vietnam in rare show of global reach
The gathering showed how global power shifts are giving Kim new room to maneuver.
BUSINESS
S&P 500 drops most in six months on Trump tariff spat with China
The S&P 500 Index wiped out its weekly advance after tumbling 2.7%, its worst day since April 10, when the tariff-induced selloff rattled financial markets.
BUSINESS
SoftBank in talks for $5 billion margin loan backed by Arm stock
SoftBank is close to signing a deal with a handful of lenders for a margin loan secured by shares of its chip unit Arm Holdings
BUSINESS
India may see IPOs worth $20 billion in next one year, says Citigroup; Meesho, Pine Labs among listings in pipeline
India's IPO pipeline is the biggest on record, covering domestic and international companies and industries, especially technology, health care and consumer, says Citi's Harish Raman.
BUSINESS
Apple to move health, fitness divisions to services in reorganization
Services chief Eddy Cue will gain supervision over Apple’s health and fitness teams
BANKING
JPMorgan seeks to accelerate push into payment services in India
JPMorgan is deepening its India play in cross-border payments and transaction banking, to serve both multinational firms operating in India and Indian companies expanding overseas.
COMPANIES
Tata Trusts directors to meet today after New Delhi rebuke over rift
The meeting follows a government-mediated discussion on Wednesday where officials urged representatives of Tata Trusts and Tata Sons Pvt. to settle their differences and avoid disruption to the group’s operations
MARKETS
Asian shares decline, gold trades below $4,000
The dollar steadied after a four-day rally took it to its strongest level since July
ENTERTAINMENT
Netflix brings video games to its TV service for first time
Netflix is specifically offering games that can be played in groups, including Boggle Party, Pictionary: Game Night, Tetris Time Warp and Lego Party
BUSINESS
Warner Music in talks with Netflix for films about its artists
The partnership would represent a shift in strategy for Warner Music, which closed a division that produced films and TV programs earlier this year as part of a cost-saving initiative
ENTERTAINMENT
Jimmy Kimmel thought his show was finished after ABC suspension
The comedian said his comments about Charlie Kirk’s killing were 'intentionally and maliciously mischaracterized' by the political right
BUSINESS
RBI steps up offshore forex defence to shield rupee
The central bank has built up short dollar positions of at least $15 billion in the non-deliverable forwards market over the past two to three weeks
INDIA
DGCA seeks funding, powers like global peers to plug gaps
Currently, the Indian regulator operates with limited manpower resources and funding that’s a fraction of what its global peers receive
WORLD
Elon Musk settles suit by ex-Twitter CEO Parag Agrawal over denied severance pay
The accord comes as Musk and officials of X Corp. — Twitter’s new name — agreed in August to settle a $500 million suit by about 6,000 laid off rank-and-file employees, who said the billionaire stiffed them on severances after he took over the social-media platform.
WORLD
Trump says hostage releases to 'probably' happen Monday after Israel-Hamas deal
Israel and Hamas have agreed to a US- and Qatar-brokered deal for hostage releases and prisoner swaps, with President Trump saying hostages could be freed “probably” Monday, marking a potential first step toward peace.
BUSINESS
Gold retreats from record on profit-taking after torrid rally
Bullion declined as much as 1% on Thursday after closing 1.4% higher in the previous session.
