BUSINESS
Pfizer gets three-year reprieve from Trump pharma tariffs
Pfizer will sell some drugs at a 50% average discount on a direct-to-consumer website called TrumpRx, an initiative intended to allow Americans to pay for prescriptions at discounted rates negotiated by the government.
INDIA
India’s best monsoon in five years fuels hopes for good harvests
Rainfall from June to September, which irrigates about half of the country’s farmland and is important for the next planting season, was 937.2 millimeters.
BUSINESS
RBI rate cut back in play after tariffs
Economists see scope for the repo rate to drop as low as 5% in this cycle
BUSINESS
Zijin Gold soars in HK debut after world’s top IPO since May
The shares climbed as much as 66% to HK$119 on Tuesday.
BUSINESS
China factory activity improves but slump extends to six months
The official manufacturing purchasing managers’ index was 49.8, versus 49.4 in August, the National Bureau of Statistics said Tuesday
BUSINESS
Boeing plans new airplane to succeed 737 Max, WSJ reports
The company has also appointed a new senior product leader within its commercial aircraft division, whose previous role was developing a new type of aircraft
BUSINESS
Japan’s output falls as US tariffs drag on global outlook
Industrial production dropped 1.2% from the previous month, following the same pace of decline from July, the Economy Ministry reported Tuesday
BUSINESS
Jennifer Garner’s baby food firm files for IPO as sales grow
The company makes kid-friendly pouches of no-sugar-added, organic, refrigerated fruit and vegetable puree, as well as bars, frozen meals and smoothie packets.
BUSINESS
Google to pay $24.5 million to end Trump’s January 6 ban lawsuit
The settlement disclosed Monday ends Trump’s long-running legal challenge to the suspension.
MARKETS
Tata group loses $75 billion in market cap as risks grow
The combined market value of the biggest Indian conglomerate’s 16 firms dropped to its lowest in nearly two years on Friday
IPO
Hong Kong and India drive banner year for equity capital markets
After a slow start to the year, IPOs in India fetched over $6 billion in the third quarter, more than the first six months of 2025 combined, data compiled by Bloomberg show
WORLD
Citi’s Wall Street rebound turns Raghavan into CEO contender
Citigroup has scaled the M&A advisory ranking and displaced rivals on at least two recent deals
BUSINESS
Gold holds near record as traders weigh US shutdown, Fed rates
Bullion traded near $3,773 an ounce as markets opened on Monday, less than $20 shy of a record-high reached last Tuesday
WORLD
Eric Adams’ exit comes too late to radically reshape NYC mayor’s race
Multiple polls show Mamdani likely to win the election in November, in most cases by double digits
BUSINESS
Subdued US job growth expected in advance of Fed meeting
Labor demand has gradually diminished as companies search for ways to offset other costs, including higher import duties.
BUSINESS
Jaguar Land Rover gets UK guarantee for £1.5 billion loan
The loan, to be provided by a commercial bank and guaranteed by UK Export Finance, will be repaid over five years, the government said on Saturday.
BUSINESS
Trump’s dual shocks thwart bets on Indian stock market rebound
The MSCI India Index has fallen in all five sessions since the US President signed an order to overhaul the H-1B visa program — a move that risks disrupting India’s $280 billion software services industry.
CRYPTOCURRENCY
Crypto’s $300 billion wipeout marks harshest selloff in months
Ether, the world’s second-largest cryptocurrency, led the rout with its steepest weekly decline since June
WORLD
Trump shrugs off impending shutdown as parties deadlocked
The president’s comments came four days before government funding lapses and reflect a confidence among Republican leaders that they have the upper hand in the shutdown fight
WORLD
Trump ratchets up pressure on Tylenol with warning for kids
Tylenol — and the active ingredient acetaminophen — is safe for young children to use to treat fevers, according to the American Academy of Pediatrics
AUTOMOBILE
BMW recalls over 330,000 cars after finding engine fire risk
The fault — where the engine starter may catch fire due to possible corrosion — affects most model lines built between 2015 and 2021
BUSINESS
ByteDance to get about 50% of TikTok US profit under Trump deal
The profit-sharing arrangement is the latest twist in an extraordinary corporate drama that has played out across multiple US administrations
WORLD
TikTok’s $14 billion valuation in Trump deal stuns investors
The rough estimate, cited by Vice President JD Vance on Thursday, pales in comparison to previous estimates that scaled closer to $40 billion
MARKETS
US stock buyers step in as data keep Fed bets in play
A report Friday showed the personal consumption expenditures price index excluding food and energy rose 0.2% in August, compared with 0.3% in July
