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Four Gazprombank executives allegedly made over €9 million exploiting sanctions-driven market turmoil

The Financial Times reports that four senior managers at Gazprombank’s Luxembourg branch may have earned more than €9 million through over 50 coordinated trades. They reportedly borrowed at least €17 million from the bank, bought heavily discounted Gazprom bonds in Europe, and exchanged them in Russia for full-value ruble bonds. An EU official said the scheme sounded like sanctions circumvention requiring a criminal investigation. Gazprombank and Dmitry Derkach deny wrongdoing.

MarketsEnergy & commoditiesTrade & sanctionsCompanies & industryGazprombankLuxembourgsanctions circumventionbond trading

MMeduzaOriginal★★★☆☆2026-08-26 12:49

Four Gazprombank executives allegedly made over €9 million exploiting sanctions-driven market turmoil
Four Gazprombank executives allegedly made over €9 million exploiting sanctions-driven market turmoil

EU says UPM-Sappi deal could hurt competition in print paper market

The European Commission said on Wednesday that a proposed €1.42 billion ($1.66 billion) paper joint venture between Finland’s UPM-Kymmene and South Africa-listed Sappi could restrict competition, prompting concern from the EU executive.

Companies & industryEuropean UnionUPM-KymmeneSappiprint paper

RReutersOriginal★★☆☆☆2026-08-26 12:45

EU says UPM-Sappi deal could hurt competition in print paper market
EU says UPM-Sappi deal could hurt competition in print paper market

XRP rebounds 32% from $1 as ETF money pours in and whales reposition

XRP has recovered from below $1 and is on track for an August gain of about 32%, its strongest monthly performance in more than a year. U.S. spot XRP ETFs took in roughly $23.87 million on Aug. 25, extending positive flows to nine sessions, while large holders moved billions of XRP through Binance, leaving their accumulation or selling intentions unclear.

MarketsCryptoXRPETF inflowscryptocurrencywhale activity

CCryptoSlateOriginal★★☆☆☆2026-08-26 12:35

XRP rebounds 32% from $1 as ETF money pours in and whales reposition
XRP rebounds 32% from $1 as ETF money pours in and whales reposition

South Korea's chip windfall fund to back long-term growth, not welfare spending, official says

A South Korean fund financed by record tax windfalls from the semiconductor boom will support projects over three to four years rather than recurring outlays such as welfare programs, a presidential official said Wednesday.

Macro & central banksTech & AISouth Koreasemiconductorseconomic growth

RReutersOriginal★★★☆☆2026-08-26 12:15

South Korea's chip windfall fund to back long-term growth, not welfare spending, official says
South Korea's chip windfall fund to back long-term growth, not welfare spending, official says

Volkswagen CEO tells factory staff cost-cutting journey 'is not over'

Volkswagen CEO Oliver Blume called on employees at the automaker’s Emden plant in Germany to pursue further savings. The facility could be closed under a sweeping turnaround plan, and Blume warned that Volkswagen’s costs remained too high compared with rivals.

Companies & industryVolkswagencost cuttingEmden

RReutersOriginal★★★☆☆2026-08-26 12:01

Volkswagen CEO tells factory staff cost-cutting journey 'is not over'
Volkswagen CEO tells factory staff cost-cutting journey 'is not over'

Three critical US reports in 30 minutes put Bitcoin’s $2.5 billion ETF streak to its first real test

The US is set to release July personal income and outlays, PCE inflation data, a second estimate of second-quarter GDP and advance durable-goods orders simultaneously. Bitcoin’s spot ETFs recorded $2.5697 billion in net inflows across seven sessions, though BlackRock’s IBIT supplied about 90.5% of the latest day’s total. Markets will watch how yields, the dollar and Bitcoin respond.

Macro & central banksMarketsCryptoBitcoinspot ETFsUS economic datainflation

CCryptoSlateOriginal★★☆☆☆2026-08-26 12:00

Three critical US reports in 30 minutes put Bitcoin’s $2.5 billion ETF streak to its first real test
Three critical US reports in 30 minutes put Bitcoin’s $2.5 billion ETF streak to its first real test
  • Bitcoin’s $80,000 rally shifts from short squeeze to long squeeze
    Bitcoin’s $80,000 rally shifts from short squeeze to long squeeze

    Bitcoin’s dip below $78,000 triggered about 80,000 liquidations worth $324.4 million, with long positions accounting for roughly $270 million. After a rally fueled by Treasury developments, ETF inflows and forced short covering, the market now depends more on whether spot and ETF buyers can absorb profit-taking and sustain demand above $80,000.

    BitcoincryptocurrencyliquidationsETFs

    CCryptoSlate★★☆☆☆2026-08-26 11:20Original
  • Bitcoin pauses after 23% weekly gain as ETF demand stays steady
    Bitcoin pauses after 23% weekly gain as ETF demand stays steady

    Bitcoin slipped to $79,000 on Wednesday after rising 23% over seven days, while August ETF inflows climbed above $3 billion.

    BitcoinETFsCryptocurrency

    CCoinDesk★★☆☆☆2026-08-26 10:45Original

‘Altitude sickness can wait’: Bitcoin’s historic short squeeze and Bessent catalyst may signal a bull-market reset, analysts say

Bitwise CIO Matt Hougan said Treasury Secretary Scott Bessent’s recent actions offer an additional macro catalyst. Analysts say Bitcoin’s historic short squeeze may indicate a reset in the bull market.

CryptoBitcoincrypto marketsmacroeconomicsbull market

TThe BlockOriginal★★☆☆☆2026-08-26 11:47

‘Altitude sickness can wait’: Bitcoin’s historic short squeeze and Bessent catalyst may signal a bull-market reset, analysts say
‘Altitude sickness can wait’: Bitcoin’s historic short squeeze and Bessent catalyst may signal a bull-market reset, analysts say

Dallas Fed warns tokenized deposits could cut US banks’ lending capacity by $700 billion

The Dallas Fed warns that tokenized deposits could reduce U.S. banks’ lending capacity by $700 billion. Programmable deposits and AI agents may let customers switch banks instantly and automatically for higher yields, increasing banks’ funding costs.

Macro & central banksCryptoBanking & financetokenized depositsUS banksfunding costs

CCoinDeskOriginal★★☆☆☆2026-08-26 11:46

Dallas Fed warns tokenized deposits could cut US banks’ lending capacity by $700 billion
Dallas Fed warns tokenized deposits could cut US banks’ lending capacity by $700 billion

Russia approves tax relief for businesses hit by Wildberries warehouse strikes

Prime Minister Mikhail Mishustin signed measures supporting businesses damaged by Ukrainian drone strikes on Wildberries logistics facilities. Eligible companies and sole proprietors with losses above 5% of annual revenue can defer certain taxes and insurance payments, while inspections are suspended temporarily. The government has not yet approved similar support for Wildberries itself.

Macro & central banksCompanies & industryRussiaWildberriesdrone strikestax relief

MMeduzaOriginal★★★☆☆2026-08-26 11:41

Russia approves tax relief for businesses hit by Wildberries warehouse strikes
Russia approves tax relief for businesses hit by Wildberries warehouse strikes
  • Wildberries warehouse in Russia completely destroyed in Ukrainian drone attack
    Wildberries warehouse in Russia completely destroyed in Ukrainian drone attack

    A Wildberries logistics center in Kotovsk, Russia’s Tambov region, was destroyed by fire after a Ukrainian drone strike overnight on August 26, according to Governor Yevgeny Pervyshov. He said 19 drones targeted the site, with 16 shot down and three hitting the building; two people were injured. It was the warehouse’s second reported attack, after a July 18 strike killed seven employees.

    drone attackRussiaWildberriesTambov region

    MMeduza★★★☆☆2026-08-26 11:18Original
  • Ukrainian drone attacks kill three as Wildberries warehouse is destroyed by fire
    Ukrainian drone attacks kill three as Wildberries warehouse is destroyed by fire

    Separate Ukrainian drone strikes across Russia killed at least three people and triggered a major fire at Wildberries’ logistics centre in Kotovsk, Tambov region. Governor Yevgeny Pervyshov said the facility was completely destroyed and one person was injured. Russia’s Defence Ministry said 426 Ukrainian drones were intercepted and destroyed overnight.

    Ukrainedrone attacksWildberriesRussia

    AAl Jazeera★★★★☆2026-08-26 09:36Original
  • FACTBOX: Aftermath of Ukrainian drone attack on Russian regions, 426 UAVs neutralized

    Russia’s Defense Ministry said air defenses intercepted and destroyed 426 Ukrainian fixed-wing drones over several Russian regions overnight. The strikes sparked a fire at a Wildberries logistics center in Kotovsk, Tambov Region, while a drone crash caused a house fire in the Lipetsk Region that killed a man and a 14-year-old child. Others were injured or hospitalized.

    RussiaUkrainedrone attackair defense

    TTASS★★★★☆2026-08-26 08:34Original
  • Russian attacks kill 4, injure 95 across Ukraine as FPV drone targets rescuers in Kramatorsk
    MAJORRussian attacks kill 4, injure 95 across Ukraine as FPV drone targets rescuers in Kramatorsk

    Russian attacks killed at least four people and injured at least 95 across Ukraine over the past day. In Kramatorsk, Russian forces carried out a reported double-tap attack on rescue workers handling the aftermath of an earlier strike; an FPV drone hit an armored ambulance, but no personnel were injured.

    Russia-Ukraine wardrone attacksKramatorskcivilian casualties

    TThe Kyiv Independent★★★★★2026-08-26 08:31Original
  • Ukrainian drones strike Russia’s Lipetsk region, killing two; Wildberries warehouse hit in Tambov
    Ukrainian drones strike Russia’s Lipetsk region, killing two; Wildberries warehouse hit in Tambov

    Ukrainian drones hit a private home in Russia’s Lipetsk region, killing a man and a 14-year-old teenager and injuring two women, according to the regional governor. A Wildberries warehouse in Tambov region was also struck and burned across more than 100,000 square meters; employees were evacuated and one person was injured. Claims that an oil refinery in Nizhny Novgorod region caught fire remain unconfirmed by local authorities.

    drone strikesLipetsk regionTambov regionWildberries

    MMeduza★★★★☆2026-08-26 08:20Original

IMF chief says energy shock from Strait of Hormuz closure is not over

IMF Managing Director Kristalina Georgieva said the global economy has weathered the energy shock caused by shipping disruptions in the Strait of Hormuz better than feared, but the crisis is not over. She warned that another oil-price rise could fuel inflation, prolong restrictive central-bank policies and weigh on debt costs and economic activity.

Macro & central banksEnergy & commoditiesStrait of Hormuzenergy shockoil pricesinflation

TTASSOriginal★★★★☆2026-08-26 11:35

IMF chief says energy shock from Strait of Hormuz closure is not over

Nvidia Earnings Give Investors a Barometer for the State of the AI Trade

Wall Street is eagerly awaiting Nvidia’s earnings on Wednesday afternoon. Investors are focused less on the chipmaker’s figures than on what they may signal about AI investors and the broader market.

MarketsTrade & sanctionsCompanies & industryTech & AINvidiaearningsartificial intelligencemarkets

BBloomberg NewsOriginal★★☆☆☆2026-08-26 11:30

Nvidia Earnings Give Investors a Barometer for the State of the AI Trade
Nvidia Earnings Give Investors a Barometer for the State of the AI Trade

ECB claims digital euro will offer ‘maximum level of privacy’ amid surveillance fears

European Central Bank officials say the Eurosystem will be structurally unable to connect users with their purchases. Civil society groups remain skeptical amid fears that the digital currency could enable surveillance.

Macro & central banksMarketsEuropean Central Bankdigital europrivacysurveillance

CCoinDeskOriginal★★★☆☆2026-08-26 11:14

ECB claims digital euro will offer ‘maximum level of privacy’ amid surveillance fears
ECB claims digital euro will offer ‘maximum level of privacy’ amid surveillance fears

India: Assam tea industry faces climate-driven labor crisis

Assam produces more than half of India’s tea, but rising temperatures, floods and erratic rainfall are reducing yields and increasing heat stress for workers. Stagnant prices, higher production costs and low wages are driving workers away, leaving the industry struggling to retain experienced labor.

Companies & industryAssamtea industryclimate changelabor crisis

DDWOriginal★★★☆☆2026-08-26 11:03

India: Assam tea industry faces climate-driven labor crisis
India: Assam tea industry faces climate-driven labor crisis

PwC International must face trial over Evergrande scandal claims, Hong Kong High Court rules

The liquidators of collapsed China Evergrande Group secured a legal victory after Hong Kong’s High Court rejected PwC International’s bid to be removed from their lawsuits. PwC International and two other units of the accounting firm will therefore have to jointly face the claims.

Companies & industryReal EstateEvergrandePwCHong Kong courtcorporate litigation

SSouth China Morning PostOriginal★★★☆☆2026-08-26 10:44

PwC International must face trial over Evergrande scandal claims, Hong Kong High Court rules
PwC International must face trial over Evergrande scandal claims, Hong Kong High Court rules

Canada Matches Trump Tariffs in Escalating Trade War

Canada matches Donald Trump’s tariffs as the trade war between Canada and the United States escalates.

Trade & sanctionsCanadaUnited Statestariffstrade war

BBloomberg NewsOriginal★★★★☆2026-08-26 10:34

Canada Matches Trump Tariffs in Escalating Trade War
Canada Matches Trump Tariffs in Escalating Trade War
  • Canada strikes back at US with retaliatory tariffs as trade war escalates
    Canada strikes back at US with retaliatory tariffs as trade war escalates

    Canada imposed retaliatory tariffs on roughly $20 billion in US goods, including steel, dairy products, appliances and farm equipment. The sharp escalation threatens one of the world’s largest trading relationships and further strains ties between the longtime allies, while a prolonged dispute could increase costs for US businesses and consumers.

    CanadaUnited Statesretaliatory tariffstrade war

    FFrance 24★★★★☆2026-08-26 10:22Original
  • US faces rising toilet paper prices as trade war with Canada intensifies
    US faces rising toilet paper prices as trade war with Canada intensifies

    The breakdown of US-Canada trade talks has brought a wider tariff conflict, with Canada planning 25% to 50% duties on nearly 900 US goods from 8 September, including toilet-paper and tissue stock. Because US paper products rely heavily on Canadian raw materials, the measures could raise consumer prices. The dispute also covers liquor, dairy, seafood, cars and auto parts.

    US-Canada trade wartariffstoilet paperinflation

    TThe Guardian★★★★☆2026-08-26 10:00Original
  • Canada Moves to Match Trump’s Tariffs
    Canada Moves to Match Trump’s Tariffs

    Canada is moving to match tariff measures imposed by Donald Trump.

    CanadaUnited Statestariffs

    BBloomberg News★★★☆☆2026-08-26 09:30Original
  • When tariffs turn allies against each other
    When tariffs turn allies against each other

    Trade talks between the United States and Canada have collapsed, prompting Ottawa to impose dollar-for-dollar retaliatory tariffs on about US$20 billion in US imports from September 8. The dispute has intensified after Washington imposed comparable tariffs on Canadian goods, with both sides warning of broader economic costs and further escalation.

    US-Canada tradetariffstrade tensionseconomic relations

    CCGTN★★★★☆2026-08-26 08:47Original
  • Canada Retaliates With US Tariffs; Trump Weighs More Levies
    Canada Retaliates With US Tariffs; Trump Weighs More Levies

    Canada retaliates with tariffs on the US as Trump considers imposing additional levies.

    CanadaUnited Statestariffs

    BBloomberg News★★★☆☆2026-08-26 08:30Original

Profit Connect owner convicted in $24M AI crypto fraud scheme

A federal jury convicted Profit Connect owner Brent C. Kovar on 15 fraud and money-laundering counts. Prosecutors said he raised $24 million from at least 400 investors by falsely claiming an AI-powered crypto business generated profits and guaranteed returns. Sentencing is scheduled for Nov. 30.

CryptoCompanies & industryTech & AIcrypto fraudProfit Connectcriminal conviction

CCryptoSlateOriginal★★★☆☆2026-08-26 10:30

Profit Connect owner convicted in $24M AI crypto fraud scheme
Profit Connect owner convicted in $24M AI crypto fraud scheme

Bernstein sees bitcoin at $150,000 by mid-2027, cuts Strategy target to $350

Bernstein’s base case puts bitcoin at $150,000 by mid-2027, followed by a cycle peak of about $300,000 in 2029. The firm also cut its target for Strategy to $350 amid what it calls a “debasement trade.”

CryptoBitcoinBernsteinStrategyCryptocurrency

TThe BlockOriginal★★☆☆☆2026-08-26 10:21

Bernstein sees bitcoin at $150,000 by mid-2027, cuts Strategy target to $350
Bernstein sees bitcoin at $150,000 by mid-2027, cuts Strategy target to $350

Tata Chairman N. Chandrasekaran’s Shock Exit Decision Exposes Board Divisions

Tata Chairman N. Chandrasekaran’s surprise decision not to continue beyond February, when he will leave, has exposed deep divisions on the board. Bloomberg journalists will answer questions about Tata’s new troubles on Aug. 27.

Companies & industryTata Groupboard divisionsleadership change

BBloomberg NewsOriginal★★★☆☆2026-08-26 10:19

Tata Chairman N. Chandrasekaran’s Shock Exit Decision Exposes Board Divisions

Promise of riches: Gold rush in small Kenyan village

A recent gold discovery in the remote Kenyan village of Cheporor has drawn thousands of amateur prospectors in just weeks. The settlement has taken on the appearance of a busy small town, but lacks the infrastructure to accommodate the newcomers, creating security challenges.

Energy & commoditiesKenyagold rushgoldrural development

FFrance 24Original★★☆☆☆2026-08-26 10:11

Promise of riches: Gold rush in small Kenyan village
Promise of riches: Gold rush in small Kenyan village

Revolut begins rolling out EURR stablecoin in Europe

Revolut says it will initially roll out its euro stablecoin, EURR, to a selected group of customers in Denmark, Poland and Portugal.

MarketsCryptoRevoluteuro stablecoinEURREurope

CCoinDeskOriginal★★☆☆☆2026-08-26 10:03

Revolut begins rolling out EURR stablecoin in Europe
Revolut begins rolling out EURR stablecoin in Europe

One US dollar now costs 2 million rials in Iran: what can it buy?

The Iranian rial has fallen past 2 million to the dollar on the free market, a new all-time low, as sanctions and the US-Israel war deepen economic hardship. In Tehran, tomatoes, chicken and cooking oil have risen by 71%, 74% and 177%, while insulin prices have surged 642%.

Macro & central banksMarketsTrade & sanctionsIran economyIranian rialinflationsanctions

AAl JazeeraOriginal★★★★☆2026-08-26 10:00

One US dollar now costs 2 million rials in Iran: what can it buy?
One US dollar now costs 2 million rials in Iran: what can it buy?

Russia could approach India in purchasing power parity, expert says

Russia could narrow its gap with India, the world’s third-largest economy by GDP at purchasing power parity, if it resolves the problem of attracting capital, said Anton Sviridenko of the Stolypin Institute of Growth Economics. He called for broader business credit access, conversion of household savings into investment and a stronger stock-market role.

Macro & central banksRussia economyIndiapurchasing power parity

TTASSOriginal★★★☆☆2026-08-26 09:52

Russia could approach India in purchasing power parity, expert says

India equity outlook cut again as foreign funds seek value elsewhere in Asia

India’s stock market is expected to be lower by the middle of next year than at the start of 2026, a Reuters poll of equity analysts found. Analysts have cut their outlook for a third consecutive quarter as foreign investors shift toward other Asian markets.

MarketsIndia stocksforeign investmentAsian markets

RReutersOriginal★★★☆☆2026-08-26 09:50

India equity outlook cut again as foreign funds seek value elsewhere in Asia
India equity outlook cut again as foreign funds seek value elsewhere in Asia

How the spike in global bond yields creates more risk for the stock market

The $30 trillion US Treasury market has shown its power by resisting the Treasury Department’s recent intervention while drawing Wall Street’s attention. Investors are now wondering whether rising global bond yields could create greater risks for stocks.

MarketsBond yieldsUS TreasuriesStock market risk

CCNNOriginal★★★☆☆2026-08-26 09:31

How the spike in global bond yields creates more risk for the stock market
How the spike in global bond yields creates more risk for the stock market

Bitcoin traders hedge $60K and load up above $78K, leaving the low $70Ks exposed

Bitcoin’s September options expiry has 130,670 BTC in open interest, but DWF Labs says the headline jump from August mostly reflects routine quarterly positioning rather than a direct Federal Reserve bet. Calls have turned stronger as spot Bitcoin ETFs attracted about $1.92 billion last week, while the $78,000–$82,000 range appears to be the market’s most relevant near-spot upside zone.

Macro & central banksMarketsCryptoBitcoinoptions marketFederal Reservespot ETFs

CCryptoSlateOriginal★★☆☆☆2026-08-26 09:30

Bitcoin traders hedge $60K and load up above $78K, leaving the low $70Ks exposed
Bitcoin traders hedge $60K and load up above $78K, leaving the low $70Ks exposed

Japan targets early 2030s launch for blockchain-based stock and bond settlement system

Japan is targeting the early 2030s to launch a blockchain-based system for settling stocks and bonds. Regulators are rushing to modernize national settlement infrastructure to keep institutional investors and foreign capital from moving to overseas markets.

MarketsCryptoJapanblockchainsecurities settlement

CCoinDeskOriginal★★★☆☆2026-08-26 09:06

Japan targets early 2030s launch for blockchain-based stock and bond settlement system
Japan targets early 2030s launch for blockchain-based stock and bond settlement system

Haidilao bets on takeaway, new brands and lower-tier markets for growth

China’s largest hotpot chain, Haidilao International Holding, said takeaway was its fastest-growing segment in the first half as demand for single-serving meals surged. Takeaway revenue reached 2.05 billion yuan, up 121.2 per cent year on year, lifting its share of total revenue to 9.2 per cent from 4.5 per cent.

Macro & central banksCompanies & industryHaidilaotakeawayrestaurant industryChina consumption

SSouth China Morning PostOriginal★★☆☆☆2026-08-26 09:00

Haidilao bets on takeaway, new brands and lower-tier markets for growth
Haidilao bets on takeaway, new brands and lower-tier markets for growth

PoliticsCanada’s retaliation tests the limits of American power under Trump

Trade talks between Canada and the US collapsed after Prime Minister Mark Carney ended negotiations, triggering another round of tariffs. The dispute, reportedly worsened by JD Vance’s private remarks, illustrates the Trump administration’s use of American power—and the ability of pressured counterparts to retaliate.

CanadaUnited StatesDonald Trumpretaliatory tariffs

BBBC NewsOriginal★★★★☆2026-08-26 08:47

Canada’s retaliation tests the limits of American power under Trump
Canada’s retaliation tests the limits of American power under Trump
  • US-Canada Cosmetic Tariffs Threaten the $10 Beauty Impulse Buy
    US-Canada Cosmetic Tariffs Threaten the $10 Beauty Impulse Buy

    While sharing advice on finding good towels and affordable alternatives to high-end clothes, Bryce Gruber recently turned to the US-Canada trade war. She warned her social-media followers that some of their favorite makeup products are about to become more expensive.

    US-Canada tradetariffscosmeticsconsumer prices

    BBloomberg News★★☆☆☆2026-08-26 08:00Original
  • The US-Canada Trade War Serves No Intelligible Purpose
    The US-Canada Trade War Serves No Intelligible Purpose

    After US-Canada trade talks collapsed last week, Washington announced 50% tariffs on hundreds of products. Canada vowed to retaliate dollar for dollar, while the White House threatened further escalation. The article argues that one of the world’s closest trading relationships is nearing a costly breakdown for no intelligible reason. The cause of the failed talks is disputed; Prime Minister Mark Carney said the US made unacceptable demands.

    US-Canada trade wartariffstrade talks

    BBloomberg News★★★★☆2026-08-26 07:30Original

South Korea’s Shinhan to use Visa stablecoin platform for ‘future finance’ initiatives

South Korea’s Shinhan will use Visa’s stablecoin platform for initiatives focused on “future finance.” The two companies will also test stablecoins in card payments, AI-based future payment models, and B2B and B2C payment businesses.

CryptoBanking & financeSouth KoreaShinhanVisastablecoins

TThe BlockOriginal★★☆☆☆2026-08-26 08:43

South Korea’s Shinhan to use Visa stablecoin platform for ‘future finance’ initiatives
South Korea’s Shinhan to use Visa stablecoin platform for ‘future finance’ initiatives

US-Iran war spurs Europe and Asia to boost renewables

Six months into the U.S.-Israeli war with Iran, governments across Europe and Asia are rushing to expand renewable energy in an effort to reduce reliance on imported fossil fuels, giving the global energy transition fresh momentum.

Energy & commoditiesUS-Iran warrenewable energyenergy transition

RReutersOriginal★★★★☆2026-08-26 08:40

US-Iran war spurs Europe and Asia to boost renewables
US-Iran war spurs Europe and Asia to boost renewables

As war strands Qatari gas for six months, US sales rise and European stocks plummet

Six months into the U.S.-Iran war, Qatar is among the conflict’s biggest economic casualties. Data shows its liquefied natural gas exports have fallen 96%, while U.S. sales rise and European stocks plunge.

MarketsEnergy & commoditiesTrade & sanctionsCompanies & industryQatarLNG exportsUS-Iran warEuropean stocks

RReutersOriginal★★★★☆2026-08-26 08:30

As war strands Qatari gas for six months, US sales rise and European stocks plummet
As war strands Qatari gas for six months, US sales rise and European stocks plummet

Novatek recommends 35.5 ruble-per-share dividend for first half

Novatek’s board has recommended a dividend of 35.5 rubles per ordinary share for the first half of 2026. The payout could total 107.79 billion rubles, with approval to be considered at an extraordinary shareholder meeting on September 30.

MarketsNovatekdividendsRussian stocks

TTASSOriginal★★☆☆☆2026-08-26 08:16

Novatek recommends 35.5 ruble-per-share dividend for first half

ECB’s Schnabel says rates must rise further amid inflation risks

European Central Bank board member Isabel Schnabel said interest rates need to rise further as the Middle East conflict continues and the euro zone’s strong economy creates upside risks for inflation, according to an interview published by Bloomberg News on Wednesday.

Macro & central banksEuropean Central Bankinterest ratesinflationMiddle East conflict

RReutersOriginal★★★★☆2026-08-26 08:15

ECB’s Schnabel says rates must rise further amid inflation risks
ECB’s Schnabel says rates must rise further amid inflation risks

South African miners accelerate shift to renewable power to cut Eskom reliance

South Africa’s mining companies are speeding up renewable-energy investment to diversify their power supplies, reduce costs and meet decarbonisation targets. The move marks a shift after decades of reliance on state utility Eskom.

Energy & commoditiesSouth Africa miningrenewable energyEskomdecarbonisation

RReutersOriginal★★★☆☆2026-08-26 08:05

South African miners accelerate shift to renewable power to cut Eskom reliance
South African miners accelerate shift to renewable power to cut Eskom reliance

China’s Amos Food plans Hong Kong listing to expand global sweets empire

Chinese confectionery giant Amos Food is seeking a Hong Kong listing to fund greater investment in overseas operations. Its Peelerz peelable gummies and TastySounds music lollipops have gone viral on TikTok, driving especially strong sales growth in North America in recent years.

MarketsAmos FoodHong Kong listingconfectioneryoverseas expansion

SSouth China Morning PostOriginal★★☆☆☆2026-08-26 08:00

China’s Amos Food plans Hong Kong listing to expand global sweets empire
China’s Amos Food plans Hong Kong listing to expand global sweets empire

EXCLUSIVE: BNP Paribas, KB Kookmin in talks for $2 billion Techcombank stake

France’s BNP Paribas and South Korea’s KB Kookmin Bank are separately discussing the purchase of at least 15% of Vietnam’s Techcombank as strategic investors, in a deal that could be worth $2 billion, according to two sources.

MarketsBanking & financeCompanies & industryVietnamTechcombankbankinginvestment

RReutersOriginal★★☆☆☆2026-08-26 07:45

EXCLUSIVE: BNP Paribas, KB Kookmin in talks for $2 billion Techcombank stake
EXCLUSIVE: BNP Paribas, KB Kookmin in talks for $2 billion Techcombank stake

Russian stocks down as main trading session opens

Russian stocks fell at the start of Wednesday’s main trading session. The MOEX and RTS indices initially dropped 1.2% to 2,091.83 and 780.19 points, while the yuan gained against the ruble. Their losses later narrowed, and the MOEX index with the IMOEX2 ticker was down 0.67% in morning trading.

MarketsRussian stocksMOEXRTS index

TTASSOriginal★★☆☆☆2026-08-26 07:36

Russian stocks down as main trading session opens

Some Chinese workers see Brussels as an ally as EU trade tensions mount

Ahead of trade talks with Beijing, the European Union is finding support within its rival’s own territory. Chinese workers are using social media to complain about excessive overtime, which critics say gives exporters an unfair advantage.

Trade & sanctionsEuropean UnionChinatrade tensionsovertime

RReutersOriginal★★★★☆2026-08-26 07:35

Some Chinese workers see Brussels as an ally as EU trade tensions mount
Some Chinese workers see Brussels as an ally as EU trade tensions mount

Rosnedra expects Russia’s hydrocarbon reserves to grow this year

Russia added 45 million tons to its oil and condensate reserves and 156 billion cubic meters to its gas reserves in the first half of 2026, Rosnedra head Oleg Kazanov said. He expects further replenishment of hydrocarbon reserves by year-end as exploration continues.

Energy & commoditiesRussiahydrocarbon reservesgeological exploration

TTASSOriginal★★★☆☆2026-08-26 07:25

Rosnedra expects Russia’s hydrocarbon reserves to grow this year

China’s digital industry revenue tops 20 trillion yuan in H1

China’s digital industry recorded 20.71 trillion yuan in revenue in the first half of the year, up 13.6% year on year, MIIT data showed. Strong domestic demand for artificial intelligence and exports helped lift total profits 19.3% to 1.79 trillion yuan, while the sector remained concentrated in eastern provinces.

Macro & central banksMarketsCompanies & industryTech & AIChina digital industryartificial intelligenceeconomic growth

CChina News ServiceOriginal★★★☆☆2026-08-26 07:11

China’s digital industry revenue tops 20 trillion yuan in H1

US bank lobby wants stablecoin holders to open an account before cashing out

The American Bankers Association is urging US regulators to require people who buy or redeem payment stablecoins directly with an issuer to open an account and complete customer identification. The Blockchain Association supports checks for direct account customers but says one-off redemptions or intermediary-routed transactions should not automatically create an issuer relationship.

CryptoBanking & financestablecoinscustomer identificationUS bankingcrypto regulation

CCryptoSlateOriginal★★☆☆☆2026-08-26 07:00

US bank lobby wants stablecoin holders to open an account before cashing out
US bank lobby wants stablecoin holders to open an account before cashing out

Fears grow of fourth Australian rate hike after higher-than-expected July inflation

Australia’s consumer prices rose 3.5% in the year to July, easing from 3.8% but exceeding economists’ 3.3% forecast. Underlying inflation remained at 3.6%, increasing expectations that the Reserve Bank may raise rates again this year, possibly as early as September, after holding the cash rate at 4.35%.

Macro & central banksBanking & financeAustraliainflationinterest ratesReserve Bank

TThe GuardianOriginal★★★☆☆2026-08-26 06:44

Fears grow of fourth Australian rate hike after higher-than-expected July inflation
Fears grow of fourth Australian rate hike after higher-than-expected July inflation

India’s sugar squeeze threatens its biggest season for sweets

India’s sugar prices have risen nearly 40% in two months, prompting the government to approve 1 million tonnes of imports for the first time in almost a decade. Demand is rising ahead of festivals and the wedding season, while lower production, reduced rainfall, hoarding and tighter global supplies are adding to the squeeze.

Energy & commoditiesTrade & sanctionsIndiasugar pricesimportsfood supply

BBBC NewsOriginal★★★☆☆2026-08-26 06:30

India’s sugar squeeze threatens its biggest season for sweets
India’s sugar squeeze threatens its biggest season for sweets

Pepino melons from Yunnan’s Shizong County enter overseas market for first time

A 23.5-metric-ton shipment of pepino melons from Shizong County, Yunnan, has been exported to Malaysia after passing Qujing Customs inspections, marking the fruit’s first overseas sale. Customs guidance helped growers meet ASEAN standards, and producers plan to expand across the regional market.

Trade & sanctionsYunnan Shizongpepino melonsMalaysia exportsASEAN market

CChina News ServiceOriginal★★☆☆☆2026-08-26 06:25

Pepino melons from Yunnan’s Shizong County enter overseas market for first time

China dividend stocks return to favour as AI trade fizzles and bond yields fall

Chinese investors are turning to dividend stocks for shelter after a global sell-off in technology shares. The Shanghai Stock Exchange Dividend Index, comprising 50 high-yield companies in energy, banking and transport, has gained 3.8% this month, far outperforming the chip-heavy Star Market 50’s 0.2% rise.

MarketsTrade & sanctionsTech & AIChina stocksdividend stocksAI tradebond yields

SSouth China Morning PostOriginal★★☆☆☆2026-08-26 06:00

China dividend stocks return to favour as AI trade fizzles and bond yields fall
China dividend stocks return to favour as AI trade fizzles and bond yields fall

Northwest China’s Shaanxi establishes new rail hub with direct links to Europe

The first China-Europe Railway Express freight train to depart directly from Baoji left Shaanxi on Tuesday for Nizhny Novgorod, Russia. The launch makes Baoji the province’s second logistics hub with direct rail links to Europe after Xi’an. Carrying 55 containers of locally made auto parts worth more than 7.12 million yuan, the train will travel via Alashankou to a Russian automotive plant.

Macro & central banksTrade & sanctionsBaojiChina-Europe Railway Expressrail freightShaanxi

CChina News ServiceOriginal★★☆☆☆2026-08-26 05:47

Northwest China’s Shaanxi establishes new rail hub with direct links to Europe

Prediction markets revisited

A revisit of prediction markets, with a mention of salt caverns.

Cryptoprediction marketssalt caverns

FFinancial TimesOriginal★☆☆☆☆2026-08-26 05:30

Prediction markets revisited