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Fast-fashion giant Shein is preparing to make its long-awaited debut on the Hong Kong Stock Exchange on September 1, targeting a valuation of up to $26.8 billion.

  • Paramount-WBD Merger Settlement Talks Collapse After California AG Accuses Leaks August 24, 2026 18:24 ET

    A planned meeting between Paramount and California officials to discuss a possible settlement in the state's lawsuit challenging Paramount's proposed $110 billion acquisition of Warner Bros.

  • Tesla Recalls 3 Mln Cars In China Over Hidden Door Handles; Shares Drop August 24, 2026 09:51 ET

    Tesla Inc. is recalling around 3 million vehicles in China citing safety concerns with hidden door handles. The recall is part of a mass effort in the country, in which eight other automakers, including XPeng Inc., Xiaomi Corp. and Geely Automobile Holdings Ltd., join to call back a total of 4.3 million vehicles over concerns that doors may be difficult to open in an emergency.

  • Google Launches Preferred Sources Button For Publishers August 21, 2026 16:56 ET

    Google under Alphabet Inc. (GOOG) on Thursday introduced a new tool to help publishers combat traffic losses from AI-powered search features. The company is now allowing readers to mark websites as "favorite sources" they want to see highlighted more frequently across Google Search, Discover, and Google News.

Powerus Develops $5,000 Drone Interceptor As Demand For Counter-Drone Systems Grows

August 24, 2026 18:26 ET dronepowerus 24082026 lt

Powerus, a West Palm Beach, Florida-based startup, has developed the Guardian, a low-cost drone interceptor designed to counter the growing threat from unmanned aerial systems.

UPS To Invest More Than $2 Bln In International, Healthcare And Supply Chain Businesses

August 24, 2026 18:25 ET ups 24082026 lt

United Parcel Service (UPS) plans to invest more than $2 billion across its international, healthcare and supply chain solutions businesses between 2024 and 2028, as the company expands its logistics capabilities amid increasingly complex global supply chains.

Ortivus AB Ser. B Q2 Loss Decreases

August 25, 2026 03:22 ET Topstories2 30052024 lt

Ortivus AB ser. B (ORTI_B.ST) reported Loss for second quarter of -SEK3.57 million The company's earnings totaled -SEK3.57 million, or -SEK0.04 per share. This compares with -SEK6.46 million, or -SEK0.15 per share, last year. The company's revenue for the period fell 1.8% to SEK19.31 million from...

  • Dalrymple Bay Infrastructure Ltd Reports Increase In H1 Income August 25, 2026 03:21 ET

    Dalrymple Bay Infrastructure Ltd (DBI.AX) reported earnings for its first half that Increased, from the same period last year The company's bottom line totaled A$49.20 million, or A$0.099 per share. This compares with A$43.11 million, or A$0.087 per share, last year. The company's revenue for...

  • Target Pulls Offensive Halloween Costume After Backlash August 25, 2026 03:14 ET

    Retail major Target Corp. (TGT) apologized to customers over a kids' circus clown Halloween Costume, following widespread backlash. The firm pulled the costume that critics said evoked Blackface and minstrel shows from sale. In a statement, Target said, "As a company, we know we got this wrong, and...

  • Shenzhen Agricultural Power Group Co.,Ltd H1 Income Climbs August 25, 2026 03:14 ET

    Shenzhen Agricultural Power Group Co.,Ltd (000061.SZ) released a profit for its first half that Increases, from the same period last year The company's bottom line came in at RMB253.53 million, or RMB0.1277 per share. This compares with RMB190.49 million, or RMB0.1123 per share, last year. Excluding...

  • Cadeler A/S H1 Income Falls August 25, 2026 03:10 ET

    Cadeler A/S (CADLRO.OL) announced a profit for first half that Dropped, from last year The company's earnings came in at EUR87.90 million, or EUR0.23 per share. This compares with EUR167.73 million, or EUR0.48 per share, last year. The company's revenue for the period rose 36.5% to EUR407.53 million...

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Tesla Recalls 3 Mln Cars In China Over Hidden Door Handles; Shares Drop

August 24, 2026 09:51 ET tesla 24082026 lt

Tesla Inc. is recalling around 3 million vehicles in China citing safety concerns with hidden door handles. The recall is part of a mass effort in the country, in which eight other automakers, including XPeng Inc., Xiaomi Corp. and Geely Automobile Holdings Ltd., join to call back a total of 4.3 million vehicles over concerns that doors may be difficult to open in an emergency.

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.

Longeveron To Enter 1-for-10 Reverse Stock Split For Minimum Bid Price Compliance; Shares Plunge

August 25, 2026 02:59 ET biotech1 18042024 lt

Longeveron Inc. (LGVN), a clinical-stage biotechnology company developing cellular therapy, announced a 1-for-10 reverse split of the company's Class A common stock, par value $0.001 per share and Class B common stock, par value $0.001 per share. The reverse stock split is intended to help the company...

  • Royal Philips Prices €650 Mln Green Bond Due 2034 August 25, 2026 01:58 ET

    Royal Philips (PHG) on Monday priced its offering of 650 million Euros fixed-rate notes due 2034 under its European Medium Term Note (EMTN) program. The issuance marks the company's first EU Green Bond under the new European Green Bond Standard. The issue price for the notes due 2034 is 99.655% with...

  • FDA Approves J&J's IMAAVY For Warm Autoimmune Hemolytic Anemia August 25, 2026 01:27 ET

    Johnson & Johnson (JNJ) announced that the U.S. Food and Drug Administration (FDA) has approved IMAAVY (nipocalimab-aahu) for the treatment of warm autoimmune hemolytic anaemia (wAIHA) in adults and pediatric patients 12 years of age and older currently or previously treated with corticosteroids. The...

  • Lexicon Earns Third $10 Mln Milestone Payment From Novo For LX9851 August 24, 2026 22:09 ET

    Lexicon Pharmaceuticals received a $10 million milestone payment from Novo Nordisk for LX9851's Phase 1 patient dosing achievement. Preclinical data demonstrated the investigational obesity drug reduced weight and food intake when combined with semaglutide, with the Phase 1 program expected to complete in Q1 2027.

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Woodside Energy H1 Profit Climbs On Higher Prices; Tightens FY26 Production View

August 25, 2026 01:41 ET earnings1 30052024 lt

Australian oil and gas producer Woodside Energy Group Ltd (WDS.AX, WDS) reported Tuesday higher first-half profit with strong growth in average realized price, despite weak production. Further, the firm tightened fiscal 2026 production outlook. The company said the Middle East conflict disrupted global...

Japan Leading Index Revised Higher In June

August 25, 2026 03:11 ET economy2 30052024 lt

Japan's leading index remained stable in June, slightly higher than seen in the flash estimate. The leading index, which measures future economic activity, came in at 116.5 in June, the same as in May, which was revised up from 116.4. The flash score for June was also 116.4. The coincident index that measures the current economic situation also strengthened to an 85-month high of 118.5.

  • RBA Meeting Minutes Due On Tuesday August 24, 2026 18:03 ET

    The Reserve Bank of Australia will on Tuesday release the minutes from its August 11 monetary policy meeting, highlighting a busy day for Asia-Pacific economic activity. At the meeting, the RBA kept its benchmark lending rate steady at 4.35 percent following 25 basis point hikes in February, March...

  • Taiwan Jobless Rate Remains Stable At 3.33% August 24, 2026 06:54 ET

    Taiwan's hseasonally adjusted unemployment rate came in at 3.33 percent in July, the same as in the previous month. On an unadjusted basis, the jobless rate rose to a 1-year high of 3.39 percent in July from 3.34 percent in the previous month. Unemployment increased by 9,000 from the previous month to 409,000.

  • Poland Retail Sales Growth Eases To 3.9% August 24, 2026 05:37 ET

    Poland's retail sales growth moderated more than expected in July. At constant prices, retail sales advanced 3.9 percent annually in July, much slower than the 6.2 percent rise in June, which was the fastest growth in three months. The slower growth in July was mainly due to a 1.7 percent fall in sales of textiles, clothing, and footwear, followed by

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ScanSource Q4 26 Earnings Conference Call At 10:30 AM ET

August 20, 2026 09:30 ET rttnewslogo20mar2024 lt

ScanSource Inc. (SCSC) will host a conference call at 10:30 AM ET on August 20, 2026, to discuss Q4 26 earnings results. To access the live webcast, log on to https://www.scansource.com/about/investors

Navitas Semiconductor To Acquire Claros

August 25, 2026 01:45 ET rttnewslogo20mar2024 lt

Navitas Semiconductor Corp. (NVTS) has agreed to acquire Claros Inc., a power management solutions company, in a transaction valued at up to approximately $232.8 million. The acquisition is expected to close before year-end 2026. The transaction includes approximately $216 million payable at closing...

Lyntris Commences IPO Of 24 Mln Shares

August 10, 2026 08:58 ET rttnewslogo20mar2024 lt

Lyntris, Inc., a defense technology company, announced Monday the commencement of its initial public offering of 24 million shares of its common stock. The initial public offering price is expected to be between $19.00 and $22.00 per share. Lyntris has applied to list its common stock on the New York...

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