China’s super-dam is becoming an upstream water bomb

Published on September 1, 2026

The latest evidence suggests that the Chinese scientific establishment understands the dangers of a planned Himalayan dam – the world's largest – more clearly than its political leadership is willing to acknowledge.

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Brookfield agrees to subordinate $675m CDK debt in maturity extension deal

September 1, 2026
Brookfield Business Partners has agreed to subordinate around $675m of its debt in CDK Global as part of a proposed liability management transaction designed to extend the software provider’s debt maturities, according to a report by Bloomberg.Under the agreement with a group of creditors, Brookfield would exchange its existing debt holdings for lower-ranking securities, with interest paid in kind

Shein IPO leaves some private backers facing 73% valuation reset

September 1, 2026
Shein’s long-awaited public listing has delivered a stark valuation reset for some of the private investors that backed the fast-fashion retailer during its rapid expansion, according to a report by Bloomberg.The company raised $1.7bn in its Hong Kong IPO after years of considering potential listings in London and New York. However, its market value at listing was around 73% below the approximatel