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Bloomberg News @bloomberg.com · 4m

ASML's orders beat analyst expectations in the third quarter, as demand for its chip-making machines was fueled by hundreds of billions of dollars in investment into AI infrastructure

ASML Orders Beat Expectations as AI Arms Race Boosts Demand

ASML Holding NV said demand for its most sophisticated chip-making machines is soaring thanks to the artificial intelligence boom, signaling optimism just months after the semiconductor equipment maker warned the trade war could stymie growth.

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Bloomberg News @bloomberg.com · 34m

Treasury Secretary Scott Bessent proposed a longer pause on high US tariffs on Chinese goods in return for Beijing putting off its recently announced plan to tighten limits on critical rare earths.

Bessent Floats Longer Tariff Truce for China Rare Earth Delay

Treasury Secretary Scott Bessent proposed a longer pause on high US tariffs on Chinese goods in return for Beijing putting off its recently announced plan to tighten limits on critical rare earths.

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Bloomberg News @bloomberg.com · 53m

Stocks rallied on Wednesday, as strong earnings from big banks helped investors shrug off fears around an escalating trade war between Beijing and Washington

US Stocks Rise as Solid Bank Earnings Overshadow Trade War Fears

Stocks rallied on Wednesday, as strong earnings from big banks helped investors shrug off fears around an escalating trade war between Beijing and Washington.

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Bloomberg News @bloomberg.com · 1h

“I want my inheritance now.” From forced property transfers to drained pensions, older people are increasingly losing their life savings to family members.

‘I Want My Inheritance Now’: Older People are Losing Their Life Savings to Family Members

As housing stress and cost-of-living pressures mount, adult children are asking parents to unlock their wealth early — or to stop spending it.

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Bloomberg News @bloomberg.com · 1h

Donald Trump’s golf resort at Aberdeen in Scotland posted a 13th consecutive year of losses in 2024 as it spent more money on marketing and to develop a second course at the site. Read more: https://bloom.bg/4haiDxz

📷: Andrew Harnik/Getty Images

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Bloomberg News @bloomberg.com · 1h

Canadian manufacturing sales fell 1% in August, while wholesale receipts dropped 1.2%, underscoring the impact of US tariffs on key trade-exposed sectors

Factory, Wholesale Sales Fall in Canada as Trade War Toll Mounts

Canadian manufacturing sales fell 1% in August, while wholesale receipts dropped 1.2%, underscoring the impact of US tariffs on key trade-exposed sectors.

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Bloomberg News @bloomberg.com · 2h

Trump's attacks on higher education can already be felt in the admissions process for the class of 2030.

Top Colleges Shy Away From Identity-Focused Essays in Wake of Trump Attacks

Applicants to US universities are confronting a rapidly shifting higher education landscape.

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Bloomberg News @bloomberg.com · 2h

Abbott cut the top end of its 2025 earnings guidance by 2 cents a share, just as the Trump administration launched an investigation into the medical device sector

Abbott Cuts Top End of 2025 Guidance as Tariff Threat Looms

Abbott Laboratories cut the top end of its 2025 earnings guidance by 2 cents a share, just as the Trump administration launched an investigation into the medical device sector that could lead to tariffs on its biggest product category.

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Bloomberg News @bloomberg.com · 3h

Cambodia is ready to sign a peace deal with Thailand coordinated by President Donald Trump, according to an official from the Southeast Asian nation, leaning into the US leader’s desire to be seen as a global peacemaker

Cambodia Eyes ‘Historic Moment’ With Trump Over Thailand Peace

Cambodia is ready to sign a peace deal with Thailand coordinated by President Donald Trump, according to an official from the Southeast Asian nation, leaning into the US leader’s desire to be seen as a global peacemaker.

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Bloomberg News @bloomberg.com · 3h

Read about how Brazil's agriculture sector is trying to present itself as a climate leader ahead of COP30 and more on today's Green Daily

Brazil’s Agriculture Sector Will Make Its Climate Case at COP30

Agriculture is Brazil’s biggest source of greenhouse gas emissions. With climate talks set to get underway in the country next month, the industry is making the pitch that it’s a climate leader that can help cut planet-warming pollution.

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Bloomberg News @bloomberg.com · 4h

CO2 emissions from human activities and and wildfires rose by an unprecedented amount last year

Global Carbon Emissions Rose By Record Amount in 2024, WMO Says

The surge was likely due to more severe wildfires and less carbon being absorbed by land and oceans.

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Bloomberg News @bloomberg.com · 4h

Dollar Tree’s sales slowed after the US discount retailer raised prices to offset President Donald Trump’s import tariffs

Dollar Tree Sales Slow as Discount Chain Manages Trump Tariffs

Dollar Tree Inc.’s sales slowed after the US discount retailer raised prices to offset President Donald Trump’s import tariffs.

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Bloomberg News @bloomberg.com · 5h

Brazil’s powerful agriculture industry plans to show off a green image at the upcoming COP30 climate summit, despite its massive environmental footprint.

Brazil’s Polluting Farm Sector Braces for the Global Spotlight

Agribusiness — the country’s biggest greenhouse gas emitter and a political force — plans to showcase sustainable practices at the COP30 climate summit.

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Bloomberg News @bloomberg.com · 5h

The legendary GE boss eventually came around to the idea that the focus on short-term results was a harmful distraction.

Trump Wants to End Quarterly Reporting. Jack Welch Would Approve

The legendary GE boss eventually came around to the idea that the focus on short-term results was a harmful distraction.

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Bloomberg News @bloomberg.com · 6h

DHL plans to invest more than €300 million in warehouses and other infrastructure in Africa to capitalize on demand from sectors such as e-commerce and renewable energy

DHL Plans to Invest €300 Million to Expand Logistics in Africa

DHL Group plans to invest more than €300 million ($349 million) in warehouses and other infrastructure in Africa to capitalize on demand from sectors such as e-commerce and renewable energy.

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Bloomberg News @bloomberg.com · 6h

The Mishal Husain Show helps you make sense of the world — with one essential conversation every weekend.

Listen and subscribe wherever you get your podcasts: bit.ly/4n9zdz1

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Bloomberg News @bloomberg.com · 6h

China boosted its currency defense via the daily reference rate amid growing trade tensions with the US.

China Ramps Up Yuan Defense Via Fixing Amid Trade Tensions

China ramped up its support for the yuan on Wednesday, underscoring its commitment to foreign-exchange stability as a trade war with the US showed few signs of letting up.

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Bloomberg News @bloomberg.com · 7h

Colossal Biosciences, a $10 billion biotech, says, working with a group of scientists, it could create a new northern white rhino within four years

A $10 Billion Biotech Sets Four-Year Target for Creating a Rhino

A biotech valued at $10 billion and scientists from around the world aim to apply gene editing and use a surrogate mother to begin bringing back the northern white rhino from the brink of extinction within four years.

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Bloomberg News @bloomberg.com · 7h

From being hit with punitive tariffs on Liberation Day to being selected by one of the world’s biggest tech companies to build its next generation of smart home devices, Vietnam is having a moment

Vietnam’s Hot Streak Builds on Apple Home Hub Bet, Trade Boom

From being hit with punitive tariffs on Liberation Day to being selected by one of the world’s biggest tech companies to build its next generation of smart home devices, Vietnam is having a moment.

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Bloomberg News @bloomberg.com · 8h

Indonesia reopened its carbon credits market to foreign buyers, ending years of uncertainty that have curbed the sector’s development.

Indonesia Reopens Carbon Market to Foreign Buyers With New Rules

Indonesia reopened its carbon credits market to foreign buyers, ending years of uncertainty that have curbed the sector’s development.

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Bloomberg News @bloomberg.com · 8h

Nearly all British homes that had external wall insulation installed with funding from two government-run programs were left with faulty workmanship that risks damp and mold

UK Insulation Schemes Left Most Homes With Faulty External Work

Nearly all British homes that had external wall insulation installed with funding from two government-run programs were left with faulty workmanship that risks damp and mold.

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Bloomberg News @bloomberg.com · 9h

India and Brazil, two of the emerging-market giants are deepening their ties betting that a united front will help them endure the US broadsides and find new markets to skirt tariffs

Trump’s Trade War Unites Lula and Modi In a Hunt for New Markets

Two of the emerging-market giants hardest hit by President Donald Trump’s trade wars are deepening their ties in response, betting that a united front will help them endure the US broadsides and find new markets to skirt tariffs.

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Bloomberg News @bloomberg.com · 9h

Here’s what you need to know to start your day

Villeroy Sees ECB Rate Cut More Likely Than Hike

Good morning. European Central Bank members speak to us about the policy outlook. Trump escalates the US’s trade spat with China. And the number of UK homebuilders slides for the first time in a decade. Listen to the day’s top stories.

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Bloomberg News @bloomberg.com · 11h

China seems to be holding the stronger hand, but the US has good cards, too (via Bloomberg Opinion)

What Does China Want? It’s Too Soon to Tell

Whether playing from a position of strength or weakness, Beijing’s timing is excellent.

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Bloomberg News @bloomberg.com · 11h

Ontario plans to launch a multimillion-dollar advertising campaign against US tariffs, targeted at Republican-held districts and using the words of late President Ronald Reagan

Ontario Targets GOP With Anti-Tariff Ad Using Old Reagan Speech

Ontario plans to launch a multimillion-dollar advertising campaign against US tariffs, targeted at Republican-held districts and using the words of late President Ronald Reagan.

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