General Wire — 30 September 2026

Business

Sourced from Bloomberg’s Evening Briefing Americas and Morning Briefing Asia, and The Economist’s World in Brief.

Piper Sandler, valued at about $4.9 billion, is said to be in talks to acquire the roughly $1.6 billion boutique bank Perella Weinberg Partners. — Bloomberg

Smart-ring maker Oura postponed its US IPO citing market uncertainty, though some investors had also pushed back on its target valuation. — Bloomberg

Apple’s new CEO John Ternus is said to be planning an overhaul to speed product development and run a leaner, more engineering-focused company. — Bloomberg

Economics

Sourced from Bloomberg’s Evening Briefing Americas and Morning Briefing Asia, and The Economic Times’ Morning Newsletter.

US consumer confidence fell to its lowest since 2014 on the Conference Board’s measure, with mentions of prices and fuel costs at new highs. — Bloomberg

China expanded targeted lending to sectors such as infrastructure and technology and offered interest subsidies on first-home mortgages to revive its slowing economy. — Bloomberg

An RBI-appointed panel proposed raising the ways-and-means advances available to Indian states by 11.2% to Rs 67,839 crore, with state-wise limits tied to revenue receipts. — The Economic Times

Finance

Sourced from The Economist’s World in Brief and Bloomberg’s Evening Briefing Americas and Morning Briefing Asia.

The 30-year Treasury yield rose to about 5.6%, its highest since 2002, and the 10-year reached 5.27%, the highest since 2007, even as the Treasury pledged to expand bond buybacks. — The Economist · Bloomberg

The Fed’s John Williams said one more interest-rate rise may be appropriate later this year, though he sees no urgency after this month’s hike. — Bloomberg

Bank of Canada Deputy Governor Toni Gravelle described a “dilemma” between trade-war drag and energy-driven inflation, with swaps pricing roughly even odds of a hike on October 28th. — Bloomberg

Politics

Sourced from Bloomberg’s Evening Briefing Americas and The Economist’s World in Brief.

The US Supreme Court let the Trump administration resume deporting migrants to third countries at short notice, pending an appeal it will hear in December. — Bloomberg

Javier Milei gave the British-Israeli Sea Lion oil venture near the Falkland Islands two weeks to halt exploration, threatening to sue Britain if it does not. — The Economist

Andy Burnham said Britain will replace the state-pension “triple lock” with a “double lock” from April 2030, dropping earnings growth to help fund social care. — The Economist

Tech / AI

Sourced from Bloomberg’s Morning Briefing Asia and Money Stuff, and The Economist’s World in Brief.

OpenAI is said to be seeking at least $30 billion in a funding round that would value it at about $1.4 trillion ahead of an expected IPO. — Bloomberg

Donald Trump ruled out federal AI safety regulation after meeting industry leaders, saying they had signed a “morally binding” pledge to police themselves. — Bloomberg · The Economist

Anthropic’s IPO prospectus warns that AI may pose “existential risks to humanity”, prompting Matt Levine to ask whether that disclosure is itself a securities-law question. — Bloomberg