Existing investors plan to sell 270 million shares in London, implying a £5.3 billion market capitalisation at admission; trading and the final public valuation remain conditional.
Federal Reserve
Spot gold fell 0.9% to $4,140.06 and lost about 3.4% over the week, even as weak payroll data cut the market-implied chance of an October U.S. rate increase to 22%.
European Bonds
Wall Street advanced after payroll growth missed forecasts and October rate-hike bets faded, yet long-term U.S. yields reversed an initial decline and global bonds stayed under pressure.
Apple
A San Diego jury found that haptic feedback in iPhones and Apple Watches infringed two Taction patents and awarded more than $5.7 billion; Apple denies infringement and plans to appeal.
Bank of Canada
New tariffs are redirecting production and trade, giving some Canadian exporters a relative U.S.-market advantage while raising costs and uncertainty across the economy.
Capstone Copper
Luca signed a definitive agreement to acquire 100% of Capstone’s Cozamin copper-silver mine for $290 million upfront and up to $95 million deferred or contingent.
AI Regulation
Gates said AI oversight must extend beyond industry self-regulation and include mandatory safeguards shaped by lawmakers and law enforcement, but no bill has yet been enacted.
Bullion Prices
Pakistan’s gold price fell Rs2,100 to Rs450,936 per tola, while the international rate declined $21 to $4,284 an ounce and local silver also eased.
Central Banks
September payrolls, inflation readings and central-bank signals will test whether markets are right to price a 64% chance of another Federal Reserve increase in October.
Capital Markets
Chinese regulators are informally slowing humanoid-robot listings after Unitree’s volatile debut, while testing whether state-backed revenue reflects independent demand.
Artificial Intelligence
SoftBank launched $10 billion and €1 billion of senior unsecured notes across five maturities, with pricing and settlement still scheduled rather than completed.
Antitrust
Paramount settled the challenge brought by 12 U.S. states to its proposed $81 billion Warner Bros Discovery merger, accepting enforceable production and editorial safeguards.
AI Governance
Sixty organizations aim to make AI more useful in underrepresented languages and reach more than 3 billion people over five years, with governance still being defined.
