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  • Google Cloud Launches Gemini Enterprise For Financial Services August 25, 2026 09:01 ET

    Google Cloud announced Tuesday the launch of Gemini Enterprise for Financial Services, a purpose-built agentic AI solution designed for financial professionals. The platform is initially available in preview for the capital markets and corporate banking industries. The solution includes a Google-managed...

  • GlobalTech To Implement 1-For-3 Reverse Stock Split August 25, 2026 08:49 ET

    Tuesday, GlobalTech Corporation (GLTK.PK) announced its plan to implement a reverse stock split of its outstanding shares of common stock at a ratio of 1-for-3, effective August 27, 2026. Under this, every 3 shares of the company's common stock issued and outstanding as of the effective date will...

  • U.S. Stocks May See Initial Strength As Crude Oil Extends Pullback August 25, 2026 08:48 ET

    Stocks are likely to move to the upside in early trading on Tuesday, regaining ground after ending the previous session mostly lower. The major index futures are currently pointing to a higher open for the markets, with the S&P 500 futures up by 0.4 percent. Early buying interest may be generated...

  • Marzetti Company Q4 Net Profit Improves, But Net Sales Slip August 25, 2026 08:39 ET

    The Marzetti Company (MZTI), a maker of specialty food products, on Tuesday reported a rise in net income for the fourth quarter, helped by the gain on the Milpitas property sale. However, the company registered a drop in net sales. For the three-month period to June 30, the company posted net income...

  • McKesson To Acquire Precision Medicine Group For $2.25 Bln August 25, 2026 08:29 ET

    Tuesday, McKesson Corp. (MCK) announced an agreement to acquire Precision Medicine Group, LLC, a global provider of clinical research and biopharma commercialization services, for approximately $2.25 billion. McKesson, a healthcare company that provides pharmaceutical distribution and healthcare information...

  • Halliburton Gets Integrated Contract For Bumerangue Field Appraisal In Brazil August 25, 2026 08:29 ET

    Halliburton (HAL) announced it received an integrated contract by bp for the first appraisal campaign in the Bumerangue field, offshore deepwater Brazil. The award includes a suite of services to fast-track the appraisal campaign for bp's discovery. The contract includes an integrated package of drilling...

  • Sun Communities Names Robert Garechana CFO, Succeeding Fernando Castro-Caratini August 25, 2026 08:07 ET

    Sun Communities, Inc. (SUI), a real estate investment trust, on Tuesday announced the appointment of Robert Garechana as Executive Vice President and Chief Financial Officer, effective September 8, 2026. He succeeds Fernando Castro-Caratini, who will transition to an advisory role with the company. ...

  • Madison Air Announces $2.25 Bln Private Placement To Fund Ebm-papst Acquisition August 25, 2026 07:32 ET

    Madison Air Solutions Corp. (MAIR) has agreed to sell 90.11 million shares of Class A common stock at $24.97 per share in a private placement expected to raise approximately $2.25 billion. The offering is expected to close around September 1. The company intends to use the net proceeds to fully...

  • United Airlines Adds Service To 10 International Cities August 25, 2026 07:32 ET

    United Airlines (UAL) announced the largest international network expansion with 10 new international cities and three new routes across Europe and Asia, and debuted the newest international aircraft in its fleet, the 'Born to Explore' A321XLR. United now flies to more than 160 international destinations....

  • DICK'S Sporting Goods Q2 Net Income Drops, Revises FY26 Outlook; Stock Down In Pre-Market August 25, 2026 07:30 ET

    Tuesday, DICK'S Sporting Goods, Inc. (DKS) announced its financial results for the second quarter, reporting net income of $315 million, or $3.50 per share, compared to $381 million, or $4.71 per share, in the previous year. On an adjusted basis, net income declined 10 percent, to $319 million, or...

  • Department Of Justice Launches National Fraud Detection Center August 25, 2026 07:25 ET

    The U.S. Department of Justice has launched the National Fraud Detection Center, a prosecutor-led, multi-agency team designed to investigate the most harmful actors defrauding federal government programs, including illicit actors overseas and those operating fraud schemes across federal programs. The...

  • Citi Trends Slips To Net Loss In Q2; Boosts FY26 Sales Growth Outlook August 25, 2026 07:19 ET

    Off-price value retailer Citi Trends, Inc. (CTRN) reported Tuesday a net loss for the second quarter of $0.93 million or $0.11 per share, compared to net income of $3.82 million or $1.46 per share in the prior-year quarter. Total sales for the quarter grew 10.9 percent to $211.63 million from $190.75...

  • EU Sends Urgent Support To Serbia As Wildfires Intensify August 25, 2026 07:16 ET

    The European Union has sent urgent support to Serbia through its Civil Protection Mechanism as severe wildfires continue to affect the Deliblato Sands Special Nature Reserve, where more than 3,500 hectares have already been impacted. In response to the worsening situation, Serbia activated the Civil...

  • 58 Arrested In Global Operation Against West African Crime Groups August 25, 2026 06:44 ET

    An eight-month-long global operation targeting West African organized crime groups has led to the arrest of 58 criminals and the identification of 263 suspects. Operation Jackal IV was launched in November 2025 to disrupt money laundering, identify high-value targets, seize assets, and support arrests...

  • Accenture To Acquire McCoy August 25, 2026 06:43 ET

    Accenture plc (ACN) has agreed to acquire McCoy, a Dutch SAP transformation partner serving mid-market companies. The financial terms were not disclosed, and the transaction is subject to customary closing conditions, including regulatory approvals. McCoy will become part of Accenture Edge, Accenture's...

Global Economics Weekly Update - Aug 17 – Aug 21, 2026

August 21, 2026 14:42 ET
The minutes of the latest policy meeting of the Federal Reserve, housing market data and manufacturing sector survey results were the main news for the U.S. economy this week. In Europe, inflation data from the U.K. was the highlight, while consumer price data from Japan drew attention in Asia.