🇷🇺 Russia declared victory in sham "referendums" to annex occupied Ukrainian land after a string of humiliating military setbacks. https://bloom.bg/3E10e4C

⛽ This comes as Nord Stream gas pipelines were damaged in suspected sabotage, stoking an energy crunch that could hit Europe harder than the global financial crisis. https://bloom.bg/3Cg4g7X

📱Apple walked back on plans to produce more new iPhones this year after an anticipated surge in demand failed to come true. https://bloom.bg/3SlWcIj

📈 Global markets just saw their best day since April 2020, sparked by the Bank of England's dramatic intervention. The movements, including a 3% jump in the pound from Wednesday's low, underscore how every asset remains at the mercy of monetary officials. https://bloom.bg/3LSNqiH

🇬🇧 Britain is in a self-inflicted financial crisis that threatens to accelerate the economy’s dive into recession. Now investors wonder if the new government can restore its credibility. https://bloom.bg/3BQBgCl

🇭🇰 Meanwhile, a high-stakes negotiation with US inspectors is taking place in Hong Kong as Chinese firms race to avoid being delisted on Wall Street. https://bloom.bg/3BWzyiK

🎢 The pound erased its losses after a roller-coaster week that saw the currency slide to a record low on the announcement of UK tax cuts. https://bloom.bg/3fphZQN

🖋️ Vladimir Putin is expected to sign treaties on Friday to annex four regions in eastern and southern Ukraine, intensifying tensions with the US and its allies. https://bloom.bg/3LS1c5c

💸 Fed Chair Jerome Powell needs investors to lose money. The pain they're feeling ultimately makes the US central bank's job easier. https://bloom.bg/3fwFozK

🇧🇷 Brazil President Jair Bolsonaro will face Luiz Inacio Lula da Silva in a runoff on Oct. 30 after the leftist challenger fell short of an outright win. https://bloom.bg/3y6ZBCY

📆 Credit Suisse's new chief has asked investors for less than 100 days to deliver a new turnaround plan, but the ongoing market turmoil is not making it any easier. https://bloom.bg/3BUcZva

💰 Here's how America's millionaires use a loophole to get tax breaks while delaying charitable donations. https://bloom.bg/3Crexhz

🇰🇵 North Korea fired a missile over Japan for the first time since 2017, prompting a rare public safety warning and further raising tensions over Kim Jong Un’s nuclear program. https://bloom.bg/3SAIAZN

💸 The stocks rally that supercharged Gautam Adani's fortune may be set for a reversal, with one analyst warning the shares are "dangerously overbought." https://bloom.bg/3SVL6tk

💉 Pfizer wants to continue its success post-Covid, but it won't be an easy feat. https://bloom.bg/3ydoBYZ

💸 Elon Musk revived his bid for Twitter at the original offer price, and https://bloom.bg/3CzBtLV for the app is looking a lot like China's messaging superapp, WeChat. https://bloom.bg/3fx4KgW

🏥 There's a bidding war for nurses as shortages are being felt across the globe. But relaxing immigration policies won't be enough to plug the gap. https://bloom.bg/3yjh3nQ

🇨🇳 More conservative, more controlled and more isolated. Welcome to Xi Jinping's reshaped China. https://bloom.bg/3M5Vr3M

📃 Trump said he's not responsible for classified material being found at Mar-a-Lago because a federal agency packed the boxes. But newly released emails show otherwise. https://bloom.bg/3M9L5jk

🔑 A chipmaking startup may hold the key to helping Huawei get around US sanctions. https://bloom.bg/3RzhMbe

🇨🇳 Here are six ways to tell if Chinese President Xi Jinping wins or loses at the upcoming party congress. https://bloom.bg/3CcUUJ1

🏛️ The court case against Elon Musk over his $44 billion purchase of Twitter was halted, giving the parties until Oct. 28 to complete the deal. https://bloom.bg/3VcjMJi

💸 Roughly $100 million of Binance Coin was stolen in what may be one of crypto's highest-profile hacks. https://bloom.bg/3eaVuPk

🇨🇳 As China's Xi marches toward his precedent-busting third term in power, predictions abound that he’ll ease policies. There’s little sign any such shift is in the works. https://bloom.bg/3SN6OAq

💥 Putin accused Ukraine of carrying out an attack that badly damaged a key bridge linking annexed Crimea to the Russian mainland. https://bloom.bg/3T3Lje4

🏦 Goldman Sachs wanted to build a digital bank for the everyman, but it's now reining in the ambition. https://bloom.bg/3eqnI8K

🇨🇳 Signs are emerging that patience is wearing thin at Chinese President Xi Jinping's strict Covid-19 measures. https://bloom.bg/3yt7bYt

📉 Chipmaker stocks across Asia are plunging, with Taiwan's TSMC sliding more than 7% and Samsung down as much as 3.9%, after US curbs on China. https://bloom.bg/3CNaTyL

🇷🇺 Russian firms shut out of Western financial hubs are looking to Hong Kong in a bid to avoid sanctions. https://bloom.bg/3SPWUhq

🪙 China’s crypto crackdown a year ago seemed set to wipe out the domestic industry. That’s not quite how things played out. https://bloom.bg/3fY3ZO6

🔭 President Joe Biden says a US recession is possible but that any downturn would be “very slight,” adding the economy is resilient enough to ride out the turbulence. https://bloom.bg/3TdxIRB

🛑 Bank of England chief Andrew Bailey set the stage for further pressure on UK assets and beyond, warning fund managers they have "three days left" before the central bank ends its market support. https://bloom.bg/3SYG28i

🥽 Meta unveiled its new VR headset: a $1,500 device called the Quest Pro that's not just for gamers. https://bloom.bg/3Mnhtzc

🛢️ US officials fear their plan to cap the price of Russian oil is at risk of failing after the OPEC+ output cut, sources say. https://bloom.bg/3yxR4sM

🫧 China's bursting housing bubble will rock the economy for years. https://bloom.bg/3yyxs84

👀 These are the seven Senate races that will make or break Joe Biden's agenda: https://bloom.bg/3rRoGy0

🇨🇳 China kicks off its twice-a-decade Communist Party meeting this weekend, where it shapes plans for the next five years. Here's what you need to know:

Xi Jinping climbed to the center of China’s political universe by rewriting the rules. He’ll have to break at least three key ones to ensure power revolves around him for years to come. https://bloom.bg/3VfY5Zb

Will China leapfrog the US as an economic power? We plot out four scenarios — and they show it may take Beijing a long time. https://bloom.bg/3MotcNT

And the moment to watch is when Xi and his officials stride along a red carpet after the Party congress ends. Only then will the world know who will rule the country for the next half decade. https://bloom.bg/3Cun02e

👋 Hi, let's unpack Xi Jinping's big speech on Sunday at China's party congress:

🇨🇳 At the opening of the Communist Party's twice-a-decade leadership summit, President Xi let the world know that China wouldn’t change course even as it faces “dangerous storms.” https://bloom.bg/3CB9lGN

📢 Xi had a clear message to those who want to thwart China’s rise: You will fail. https://bloom.bg/3Mz9MpO

💻 Laying out China's priorities, he vowed to speed up innovation in areas key to "technology self-reliance" after the US limited the sale of chips to the country. https://bloom.bg/3Vr58yd

🇹🇼🇭🇰 Taiwan, Hong Kong and Covid Zero were other major themes. Here are the takeaways from the two-hour speech: https://bloom.bg/3MQOuUV

📉 The market response so far has been disappointment. The benchmark CSI 300 Index slid nearly 1% early Monday, and a gauge of Chinese equities listed in Hong Kong also traded lower. https://bloom.bg/3MA3QNc

🇹🇼 China has made a decision to seize Taiwan on a “much faster timeline” than previously thought, US Secretary of State Antony Blinken said. https://bloom.bg/3MC8eeF

👀 A sanctioned tycoon once dubbed the Myanmar junta’s “No. 1 crony businessman” is enjoying the good life in Singapore. https://bloom.bg/3s6n8jX

🌾 See how Russian ships are laundering grains stolen from Ukraine and covering their tracks. https://bloom.bg/3MBOXtS

🇭🇰 Hong Kong will relax property rules for foreigners and grant two-year visas for high earners in an attempt to revive its status as a financial hub. https://bloom.bg/3CLB8EI

📵 Kakao's co-CEO resigned from the $16 billion internet giant after a widespread outage of its service, used widely by Koreans, businesses and government officials, caused chaos. https://bloom.bg/3D3Cuef

📈📉 See the extraordinary rise and fall of the Covid billionaires: https://bloom.bg/3ESl0nh

🇬🇧 “Markets are calling the shots.” UK traders say Liz Truss's departure after a month of economic chaos is a warning to future leaders. The next prime minister could be decided as soon as Monday. https://bloom.bg/3DpE23D

🖋️ Advisers to Elon Musk and Twitter are preparing paperwork to complete the $44 billion buyout by Oct. 28. Meanwhile, US officials are discussing whether to subject Musk’s ventures to national security reviews. https://bloom.bg/3eQ8OZS

💸 Inside Dubai's property boom, fueled by the super-rich from Mukesh Ambani to Russians seeking shelter. https://bloom.bg/3CJ5eIU

Hello! Here's a special weekend update from China's twice-a-decade leadership reshuffle:

🇨🇳 The six top officials who will rule alongside Xi Jinping for the next five years have just been revealed. Get to know who they are: https://bloom.bg/3smdsSo

⚡️Allies were promoted at the expense of potential rivals, solidifying Xi's control over the world's second-largest economy. https://bloom.bg/3FbA4N5

🚺 It also affirmed China’s shift in a more conservative direction, without a single woman on the Politburo for the first time in a quarter century. https://bloom.bg/3TKSSXr

Read more of the key takeaways here: https://bloom.bg/3VTihA5

🇨🇳 In a stark rebuke of Xi Jinping’s move to stack China's leadership ranks with loyalists, investors on Monday sold off Chinese stocks listed in Hong Kong, with a key benchmark tumbling to the lowest level since 2008. https://bloom.bg/3TBREOU

📊 The country also dropped key economic data, including GDP for the third quarter, after they were unexpectedly delayed without a reason last week. The figures paint a mixed recovery, with better-than-expected 3.9% economic growth alongside rising unemployment and weaker retail sales. https://bloom.bg/3VXNEcM

🇬🇧 Meanwhile, over in the UK, former Chancellor Rishi Sunak is a step closer to becoming the next prime minister after Boris Johnson pulled out of the leadership contest. https://bloom.bg/3Tw5jGT

🇬🇧 Rishi Sunak will formally become UK prime minister following a meeting with King Charles III on Tuesday. After spending the summer warning Liz Truss would trash the economy, he's now in charge of cleaning up the mess. https://bloom.bg/3zdmzIS

📈 In a reversal from Monday's dramatic selloff, Chinese stocks rebounded after earlier wiping $35 billion from the fortunes of the country's richest tycoons. https://bloom.bg/3N4iZGE

🤝 We go inside the complicated relationship between UBS's CEO and his powerful wealth czar. https://bloom.bg/3VVOoPQ