Taylor Swift endorses Kamala Harris for president in post signed ‘childless cat lady’

Good Morning,

Two rough years mean Wētā FX books losses of $190m, Rightmove rejects £5.6bn offer from Murdoch’s REA, and Taylor Swift endorses Kamala Harris for president in post signed ‘childless cat lady’.

Let's jump in.

Before The Bell

Markets

• European Stocks Edge Higher Ahead of US Inflation, ECB Meeting. (Bloomberg).

• US stocks, dollar defensive, bonds rally as Harris harries Trump. (Reuters).

• Stocks Drift as Incoming CPI Data Stirs Fed Debate. (Bloomberg).

Earnings and Data

• Two rough years mean Wētā FX books losses of $190m. (Herald).

• UniCredit buys Commerzbank stake from Germany, rekindling takeover speculation. (Reuters).

News Summary

• After 10 killed: NSW Hunter Valley wedding bus crash driver Brett Button jailed for 32 years. (Herald).

• Artisan ice cream business Wooden Spoon is Wellington's latest hospitality casualty. (Stuff).

• One dead, three injured in serious crash near Tīrau. (1 News).

• ACT MP Mark Cameron made an impassioned plea to Parliament, urging more assistance for rural communities, following the death of his 22-year-old son. (Stuff).

• Senior Constable Kristian White is alleged to have caused Clare Nowland's death after he tasered her at her aged-care home in the NSW town of Cooma in May 2023. (9 News).

• Donald Trump and Kamala Harris met for the first time on the presidential debate stage in Philadelphia on Tuesday night. (BBC).

• Taylor Swift endorses Kamala Harris for president in post signed ‘childless cat lady’. (Guardian).

• CEO of property firm Damac expresses concerns over ‘expensive’ Dubai. (CNBC).

• Russia had been planning to launch a new attack on Ukraine from the Kursk region before Kyiv’s surprise cross-border incursion, Ukraine’s Commander-in-Chief Gen. (CNN).

Deal Flow

Investments / M&A

• Goldman Sachs appoints three co-heads of Asia M&A to bolster regional presence. (Reuters).

• Rightmove rejects £5.6bn offer from Murdoch’s REA. (FT).

Equity Raises

• Castik Capital Raises €2 Billion for New Private Equity Fund. (BBG).

• Tata Steel is about to get $654 million support from UK for Port Talbot plant. (Economic Times).

Debt

• Harvey Norman Holdings (ASX:HVN) Seems To Use Debt Quite Sensibly. (SWS).

• UK debt must be steered off unsustainable course, warns Lords committee. (Guardian).

• Even deeper debt warning in Hamilton waters report. (Waikato Times).

Daily Picks

• Taylor Swift endorses Kamala Harris for president in post signed ‘childless cat lady’. (Guardian).

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