Global deal values have topped $1 trillion in a third quarter for only the second time ever, thanks to transactions like the Sept. 29 $55 billion take-private of video game maker Electronic Arts.
September 29, 2025Latest News Updates From Bloomberg News
Parts Supplier First Brands Preps for Bankruptcy With No Plan
Auto part supplier First Brands Group is preparing to enter bankruptcy with no restructuring plan in place, a sign of how quickly the company鈥檚 fortunes are unraveling, sources said.
September 26, 2025Amazon to Pay $2.5B to Settle Prime Subscriptions Case
Amazon will pay $1 billion in civil penalties and will refund $1.5 billion to customers to resolve allegations that it misled millions into signing up for Prime and then made it hard to cancel.
September 25, 2025Trump鈥檚 Steel Tariffs Trigger Counterstrikes From Neighbors
Mexico, Brazil and Canada are each seeking to negotiate with the Trump administration to reduce the tariffs, but they鈥檙e also focused on blocking the rising tide of cheap Chinese supply.
September 25, 2025US Steel Approves $300 Million in Nippon Steel Spending
U.S. Steel approved a $300 million investment to upgrade some of its facilities, advancing part of an $11 billion commitment by Nippon Steel after its takeover of the steelmaker earlier this year.
September 24, 2025Diesel Traders Bet on Price Spike as Russia Refineries Hit
For global supply chains, any price increase matters because Russia remains one of the world鈥檚 most important suppliers of diesel, a fuel essential for trucking, shipping and agriculture.
September 24, 2025Mercedes Contract Manufacturer to Cut One-Third of Staff
European carmakers are contending with excess capacity as Chinese manufacturers take a larger share of the market, with the EV segment in particular suffering from weak demand.
September 23, 2025US Lawmakers Call for Fair Market Access in Rare China Visit
The trip may contribute to stabilizing ties ahead of a possible meeting between Presidents Xi Jinping and Donald Trump on the sidelines of the APEC summit in South Korea next month.
September 22, 2025Canada, Mexico Lay Out Action Plan Before USMCA Review
The Canadian and Mexican leaders committed to coordination ahead of a high-stakes review in 2026 of their trade pact with the U.S. as President Trump鈥檚 tariff threats put the accord at risk.
September 19, 2025Shippers Warn IMO Net-Zero Plan Could Cost $300B by 2035
The IMO has set a goal of net zero for shipping by midcentury and next month aims to formally adopt a plan that would see ships pay levies for at least some of their emissions.
September 19, 2025