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TransDigm completes ~$1.066B acquisition of Prince & Izant
TransDigm (NYSE:TDG) completes ~$1.066B cash purchase of Prince & Izant; financed with cash on hand (Form 8-K AccNo 0001260221-26-000064).
IRES Board Inclined to Recommend Barings' €1.386-a-Share Fifth Bid
The board of Irish Residential Properties REIT says it would be minded to recommend a possible all-cash offer from Barings at €1.386 a share — the fifth approach since early August — if a firm bid follows on the same terms.
China Weighs Letting ByteDance and Alibaba Buy Nvidia's RTX PRO 5500 Chips
Beijing's industry ministry asked ByteDance and Alibaba to detail their RTX PRO 5500 purchase plans and told some firms it intends to approve them — a possible second leg of chip-trade easing after January's H200 nod.
United States and China Publish $60 Billion in Tariff Lists — but the Cuts Have Not Happened Yet
Washington and Beijing have named the $30-billion-each product lists behind the Board of Trade tariff deal. The lists are approved; the cuts are not: no final rates, no dates, and domestic legal procedures still pending.
Bessent Says China's Final Iranian Oil Deliveries Come Within Two Weeks as Beijing Pulls Back
Treasury secretary Scott Bessent said Sunday that China has substantially reduced its support for Iran and that only about 15 million barrels of Iranian crude remain on the water — the final shipments to China, delivered within two weeks.
Siris to Take 19.1% of Agfa-Gevaert From Active Ownership
The private equity firm is buying the stake of Agfa's largest shareholder on undisclosed terms, deepening a partnership built around the combination of Agfa's digital printing business with Siris-owned Electronics for Imaging.
CVC Walks Away From Bodycote, Leaving Veritas's 940p-Per-Share Bid Unchallenged
The buyout firm's Rule 2.8 withdrawal ends a three-way contest that began with Apollo in May, and clears Veritas's agreed 940p-a-share, £1.65 billion equity bid for Bodycote to proceed.
Walmart's CEO Swears Off Personalized Pricing as the FTC Sharpens Its Pricing Enforcement
John Furner's open letter pledges income, history, and urgency will never set a price — landing the day the FTC's comment period closed on a proposed policy demanding disclosure and 'enforcement resources.'
Gold Drops ~3% and Silver ~5% as the Yield-and-Oil Vise Squeezes Metals
Rising crude is stoking inflation fears, traders see roughly 68% odds of another Fed hike in October, and 30-year yields sit at their highest since 2004 — a brutal combination for non-yielding metals.
Nubank in Early Talks to Buy Monzo at Up to £10 Billion
Sky News reported the approach Saturday; Bloomberg and Reuters confirmed over the weekend. Monzo weighs a sale to Nu Holdings at up to £10 billion against a fresh funding round above £8 billion.
The Fed Wrote the Bank-Stablecoin Rulebook — and Regulation Gets Cheaper as You Scale
The Fed's Sept. 24 stablecoin proposals set capital charges that fall as issuers grow. As the 60-day comment window opens, what the tiers, the bank path, and Washington's Treasury-demand strategy really mean.
SB Energy's $5 Billion IPO Stalls as Investors Balk at a $50 Billion Ask
SoftBank’s AI data-center arm was supposed to launch its roadshow the week of September 21. Instead, bankers are holding off after premarketing interest came in below a reported ~$50 billion valuation.
Senators Move to Bar Chinese Optical Transceivers From Sensitive U.S. Systems
Friday's bill names InnoLight and Eoptolink, extends the existing Chinese-semiconductor procurement ban to the light-speed modules at the heart of the AI buildout — and gives suppliers five years to find alternatives.
Goldman: a diesel export ban would cut US diesel 25 cents a gallon a week — then lift gasoline 30 cents a week
The bank's Sept. 26 note models the full chain: trapped diesel first pushes American pump prices down, but once storage fills, squeezed refining margins force run cuts — and Europe pays more from day one.
Nscale's IPO Filing Centers on a $44.6B Anthropic Deal It Can't Yet Afford to Build
The British AI cloud filed to list on the NYSE as NSCL with $103.4B in signed contract value — 85% from Anthropic and Microsoft. The filing admits the Anthropic build's financing isn't secured, and Anthropic can walk if delivery slips.
Apple Hit With Record $5.7 Billion Jury Verdict in Taction Haptics Patent Case
A San Diego jury found Apple's Taptic Engine infringes two Taction patents and set damages at $5.72 billion — but the infringement was not willful, Apple says it will appeal, and a verdict is not a payment.
VSMC Opens $7.8B Singapore Fab at Sold-Out Capacity — and Is Already Weighing a Second Plant
Chairman Leuh Fang told Bloomberg the chip shortage will persist and that the TSMC-affiliated venture "should have built two fabs here simultaneously" — with first-phase capacity already pre-sold.
Traders build biggest bets against the pound since the Brexit vote
CFTC data show speculators running the longest streak of sell orders against sterling since 2016 — more than £6.5bn bet on a falling pound — while the Bank of England holds at 3.75% as the Fed and ECB both hike.
Burry Says Five Hyperscalers Carry $3 Trillion in Hidden AI Commitments — Nvidia Already Answered, and He Won't Budge
Burry's newest Substack post puts roughly $3 trillion in off-balance-sheet AI obligations on the five hyperscalers and warns write-offs could arrive in 2028-29. Nvidia's standing rebuttal says he won't budge.
Trump Rejects Iran's Hormuz Deal, Brent Jumps 3% as Diplomacy Stalls
Four days after TickerGrove's whipsaw piece, Trump rejected Tehran's offer to reopen Hormuz within a week via Qatari mediators, the Journal reported he expects a bombing campaign after the midterms, and crude jumped back toward $107.50.
Warburg Pincus Makes Third Bid for Ingenia Communities at A$5.25 a Share
The A$2.14 billion proposal is the first Warburg offer Ingenia hasn't rejected outright — but it still demands the retirement-park operator walk away from its A$992 million Peet acquisition, the deal the board calls central to its strategy.
UK Revives Help-to-Buy-Style Loans With 'Your First Home' — Housebuilders Jump 16%
'Your First Home' revives Help to Buy: a 20% equity loan on new-builds with a 2.5% deposit and five years interest-free, due in the Oct. 28 budget. The sector index jumped 16% to its highest since March 2026.
Northern Star Rejects Gold Fields' A$38.7 Billion Bid as "Highly Opportunistic"
Gold Fields offered 0.3125 of its shares plus A$7.25 cash per Northern Star share in a bid that would create the world's No. 2 gold miner. The board calls the 14% premium opportunistic; Gold Fields says it will keep seeking talks.
Asia Slides as Oil and Rates Tighten the Vise; Europe Catches a Housebuilder Bid
Crude back toward $107 and the 30-year Treasury at 5.5185%, near its 2004 high, squeezed Asian equities Monday — while Britain's first-time-buyer scheme sent housebuilders up 17% and lifted a hesitant Europe.
Geely Takes 30% of NIO's Battery-Swap Business at a $2.4 Billion Valuation
The definitive agreements give a Geely subsidiary nearly a third of NIO Power for its commercial battery-swap business plus cash, with NIO China keeping control at 63.6% — and put NIO into Geely's charging arm in return.