Business

CPPIB Is Said to See Several Departures Across Senior Ranks

Canada Pension Plan Investment Board has seen several departures from its senior ranks over the past few weeks, according to people familiar with the matter.

Financial Times

Private credit risks remain at large

Regulators and investors should pay attention to the strain in the direct loan market

Financial Times

Goldman Sounds Out Investors for CoreWeave-Tied Data Center Bond

Goldman Sachs Group Inc. is sounding out investor interest on a junk bond to fund construction of a data center leased to CoreWeave Inc., adding to a wave of borrowing tied to the neocloud firm as it seeks to capitalize on the artificial…

Trump Says US Has ‘Come to a Deal With Canada’

President Donald Trump declared on Wednesday that the US has reached an agreement with Canada on trade, saying that Canadian representatives “gave us the points we had to have.” Trump spoke with Bloomberg’s Tyler Kendall at the White…

Stripe Agrees to Buy AI Firm OpenRouter; No Terms Disclosed

Stripe Inc. has agreed to buy OpenRouter Inc., an artificial intelligence startup that helps developers access and switch between AI models. No terms were disclosed.

‘The Treasury Is Watching’: Bessent’s Buybacks Jolt Bond Market

A surprise US Treasury announcement on Wednesday is the most concrete evidence yet that the recent selloff in long-dated debt is concerning to Secretary Scott Bessent.

Trump and Canada’s Carney Seem to Make Progress on a Tariff Deal, but Questions Linger

The New York Times

Trump and Canada’s Carney Seem to Make Progress on a Tariff Deal, but Questions Linger

After a deadline extension, the latest U.S. tariff threats seemed headed toward resolution on Wednesday, but questions lingered about what Canada would give up, and what it would get in exchange.

The New York Times

CNBC

A speakeasy inside a gas station is the hottest cocktail bar in a Minnesota town—the business brought in almost $5…

Tony Donatell turned an empty storefront next to a gas station into a sophisticated speakeasy, The Farmer's Cellar. Inside, it's still the "roaring twenties."

CNBC

AllAfrica

Liberia: NTA Dedicates 20 Buses, Five Trucks As Government Pushes Public Transport Expansion

[Liberian Investigator] MONROVIA -- The National Transit Authority on Tuesday dedicated and commissioned 20 buses and five cargo trucks, significantly expanding Liberia's public transportation fleet as the government pushes to improve…

AllAfrica

Africa Intelligence Brief August 19, 2026: South Africa Gets Relief, Kenya Gets A Charge Sheet

Africa Intelligence Brief August 19, 2026: South Africa Gets Relief, Kenya Gets A Charge Sheet

South African inflation slowed to 4.3%, a Nairobi court heard 121 charges over US$12.1 million of farm credit, and the Kariba toll reached 94. The post Africa Intelligence Brief August 19, 2026: South Africa Gets Relief, Kenya Gets A…

USA & Canada Intelligence Brief August 19, 2026: He Says He Paused It, Nothing On Paper

USA & Canada Intelligence Brief August 19, 2026: He Says He Paused It, Nothing On Paper

Trump said he had paused the 50% Canada tariff two hours before it applied, though no legal text has been published to that effect. The post USA & Canada Intelligence Brief August 19, 2026: He Says He Paused It, Nothing On Paper appeared…

Europe Intelligence Brief August 19, 2026: Britain’s Energy Bill Lands, Sweden Barely Notices

Europe Intelligence Brief August 19, 2026: Britain’s Energy Bill Lands, Sweden Barely Notices

British inflation rose to 2.9% on a 13% energy cap increase, while Eurostat's July range ran from 0.3% in Sweden to 8.2% in Romania. The post Europe Intelligence Brief August 19, 2026: Britain’s Energy Bill Lands, Sweden Barely Notices…