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Business, markets, economics and policy from the Briefed newsroom. Every story is sourced and connected back to the wider briefing.
The National Stock Exchange of India begins trading on BSE, its own rival, on 24 September, after a five-day book-build that pulled in bids for 505.8 million shares against 88.6 million on offer, a 5.71 times subscription according to Reuters.
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Page 2Anthropic has privately confirmed to shareholders it will post positive adjusted operating income in Q3, following Q2 revenue that hit $11.5 billion, up more than fourteen-fold on the year, as the…
Standing in Doonbeg the day after Amodei's slowdown essay landed, Trump dismissed existential AI risk as things that won't happen and said whoever wins the AI race against China wins full stop, as the…
Brent crude hit its highest level in nearly four months this week, briefly touching $107 a barrel before settling near $101.21 on Wednesday as Houthi strikes set Saudi energy facilities ablaze,…
COMEX October copper futures fell more than 4% on Wednesday, and Freeport-McMoRan shares dropped over 8% the same day, after the White House confirmed it still has no final decision on refined copper…
Local governments across China have effectively stopped accepting new filings for power-battery and energy-storage capacity since the second half of 2026, according to Caixin, while a central review…
The iPhone Duo starts at $1,999, roughly the price of two entry iPhones, and it is the first product to carry new CEO John Ternus's name after Tim Cook's exit this month.
Jacob Coxon spent three years doing pretraining research at OpenAI and Anthropic before resigning this week, telling employees and then the public that both companies are racing toward self-improving…
Fifty percent tariffs weren't enough. The White House has now published import bans on Canadian dairy, motorcycles and most alcoholic beverages, set to take effect September 29, according to the…
CENTCOM confirms three Iranian crude carriers hit near Kharg Island and the Gulf of Oman this week, two permanently disabled, one destroyed outright, as part of what US officials call a campaign…
Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs and KKR have agreed to build compute-financing platforms targeting more than $500 billion in third-party capital, according to Reuters.
Regulatory filings show the Pecos County, Texas gas plant backing Amazon's new data centre campus is permitted to emit 33 million tons of CO2 a year, which would make it the single largest source of…
Buried on page five of the 16-page CEO Performance Award Agreement is a change-in-control clause: if Tesla is acquired or merges, the operational milestones get disregarded and only the market-cap…
OpenAI used its own cash, not a fresh round of SoftBank-style outside money, to buy back roughly $7 billion of employee shares at an $852 billion valuation, Bloomberg reports.
US nonfarm payrolls fell by 23,000 in July, reversing a downwardly revised 20,000 gain in June, and spot gold jumped 2.3% to $4,336.11 an ounce on the release, hitting a seven-week high according to…
Sunrise Energy Metals shares jumped as much as 29% after the US Department of War's Office of Strategic Capital offered up to $400 million in conditional debt financing for the Syerston project in New…
Texas Pacific Land, LandBridge and EagleRock are pitching remote Permian Basin acreage to AI developers as an escape route from a backlash that has already killed a $1.5 billion project in San Marcos,…
Home loan applications at Westpac dropped from roughly 33,000 a month to about 27,000 after Australia's federal budget floated changes to negative gearing and capital gains tax, a 20% fall that…
The largest oil supply shock since the 1970s is unwinding faster than most traders priced in, and crude is paying the price.
Valar Atomics has become the first private nuclear startup to achieve criticality on its own reactor system, completing zero-power critical tests on its NOVA core with Los Alamos National Laboratory,…
South Korea's producer price index has hit its highest level since October 2022, with April's 6.9% year-on-year reading driven by a 73.9% surge in coal and petroleum product prices as the Hormuz…
Reformation's confidential IPO filing, expected as soon as next week with a potential listing in July, is as much a Permira story as a brand story.
Saudi supertankers heading for the Gulf of Oman is the physical confirmation of what crude futures already priced on Thursday: the US-Iran preliminary framework is real enough that shipping operators…
The pound's post-Brexit recovery has, according to Goldman Sachs, now overshot the fundamentals that justified it.
Standard Nuclear's NYSE filing under ticker STDN is the most interesting nuclear IPO in the current pipeline precisely because it targets the supply-chain chokepoint rather than the headline…
India's government bond market has spent the last several months repricing the limits of RBI support. The 10-year yield spread over the policy repo rate reached a two-year high after the RBI's June…
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