PE HUB First Read

Summer slump: Dow drops to lowest point since February.

Shell to sell its stake in Tongyi to Carlyle and Huo’s Group.

Senator Chuck Schumer opposes Iran nuclear deal, shaking Democratic firewall.

Taiwan’s HTC to cut jobs and focus on high-end devices.

Icahn takes stake in Cheniere Energy and seeks board seat.

Alibaba launches English version of anti-counterfeiting tool.

Property mogul Schorsch to sell most of what’s left of his real estate empire after an accounting scandal to Apollo Global.

Apple helps push U.S. watch sales to biggest drop in seven years.

Chinese women pay thugs thousands of dollars to win back their cheating husbands.

Man wearing “Friday the 13th” mask, carrying sword is arrested in London.

Subscribers Only

Abraaj targets $600 mln for Latin American fund.

H.I.G. calls off ‘Hooters of America’ auction.

VC Roundtable: Healthcare, fintech and infrastructure are critical areas for security innovation.

Photo courtesy of Shutterstock