Business · Important news for 1 September 2026

Trump announces US secured majority control over Venezuelan oil reserves

Al Jazeera · Axios · CNBC · 8 sources

President Trump announced that the United States has secured majority control over 65 billion barrels of Venezuela's proven oil reserves, though experts note it will not immediately lower gas prices.

Trump announced the US secured majority control over 65 billion barrels of Venezuelan oil reserves.

Business

Japanese borrowing costs hit 30-year high amid currency intervention warnings

CNBC

Business

Eurozone inflation climbs to 3.3% in August, raising rate hike expectations

Bloomberg · Financial Times

Business

China's AI and chipmaker IPO boom reaches $54 billion

Fortune

Business

India's economy expands 7.8% in fiscal first quarter, beating estimates

CNBC

Business

Trump strikes new drug pricing deals with nine midsized drugmakers

CNBC · STAT News

Business

Trump strikes nine more deals with drugmakers to lower prices

STAT News

Business

China's factory activity shrinks for the second consecutive month

CNBC

Business

US trade regulator and 22 states sue Amazon over alleged advertiser surcharges

The Guardian

Business

Jio Platforms receives regulatory approval for IPO

CNBC

Business

UK house prices rise for first time since April, says Nationwide

The Guardian

Business

ONEOK to Buy Permian Assets from Brazos Midstream in $4.425bn Deal

Yahoo Finance

That's all the important news for now

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