Canada Signals Delay in US Tariff Deal as Talks Shift to USMCA Review 
Bridgewater Associates Plans Major Employee Ownership Expansion in Milestone Year 
U.S. Lawmakers Urge Pentagon to Blacklist More Chinese Tech Firms Over Military Ties 
Oracle Stock Surges After Hours on TikTok Deal Optimism and OpenAI Fundraising Buzz 
Kevin Hassett Says Inflation Is Below Target, Backs Trump’s Call for Rate Cuts 
Volaris and Viva Agree to Merge, Creating Mexico’s Largest Low-Cost Airline Group 
BOJ Poised for Historic Rate Hike as Japan Signals Shift Toward Monetary Normalization 
Yen Near Lows as Markets Await Bank of Japan Rate Decision, Euro Slips After ECB Signals Caution 
Gold and Silver Surge as Safe Haven Demand Rises on U.S. Economic Uncertainty 
Trump Orders Blockade of Sanctioned Oil Tankers, Raising Venezuela Tensions and Oil Prices 
New Zealand Business Confidence Hits 30-Year High as Economic Outlook Improves 
Oil Prices Steady in Asia but Headed for Weekly Loss on Supply Glut Concerns 
TikTok U.S. Deal Advances as ByteDance Signs Binding Joint Venture Agreement 
Precious Metals Rally as Silver and Platinum Outperform on Rate Cut Bets 
Chinese Robotaxi Stocks Rally as Tesla Boosts Autonomous Driving Optimism 
Dina Powell McCormick Resigns From Meta Board After Eight Months, May Take Advisory Role 
Volkswagen published an intention to float the sports car brand Porsche for an initial public offering, which could become one of the world's largest listings amid record inflation.
The IPO is eyed for late September or early October to be completed by the end of the year.
However, Volkswagen clarified that the listing and timing were subject to further capital market developments.
Volkswagen may reportedly extend the four-week period for buyers to express interest, or cancel its plans.
Investors anticipate a valuation of $60 billion to $85 billion.
While the Porsche brand is strong, other luxury carmakers' valuations have fallen, including Aston Martin and Ferrari.
According to Refinitiv data, the IPO could be among the largest in German history and the largest in Europe since 1999.
Qatar will be a key investor, pledging a 4.99 percent stake in the newly listed company.
