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Trump White House Legislative Director James Braid Exits in September
White House legislative affairs director James Braid is leaving his post in September. He led Trump’s legislative agenda through Congress, including major bills and Cabinet confirmations.
Oriental Hotels Stock Surges Over 5% After Indian Hotels Company Merger Approval
Oriental Hotels shares jumped more than 5% on August 24 after IHCL approved its merger. The Indian Hotels Company and Oriental Hotels boards approved a Scheme of Arrangement. The transaction will combine OHL with its larger associate through an all-stock structure. The scheme remains subject to shareholder, creditor, NCLT, stock exchange, SEBI, and other approvals….
Oil Price Falls as Markets Brace for Trump’s Plan to Isolate Iran’s Economy
Oil prices fell on August 24, 2026, as traders booked profits ahead of new US sanctions targeting Iran. Brent crude slipped to around $93.17 a barrel, while WTI fell to $85.86. Both benchmarks had gained more than 5% last week as US-Iran talks stalled and supply risks grew. Markets are now watching Trump’s Iran strategy…
JBM Auto Shares Rally 10%, Gain 16% in 6 Months; What Is Driving the Surge?
JBM Auto shares surged 10% to touch an intraday high of ₹685 on Friday, August 21, 2026. Reports suggested Bain Capital is exploring a $300 million minority stake in JBM Auto’s electric vehicle business. The stock has now climbed 16% over the past six months and 5% since the start of 2026. Heavy trading volume,…
Puravankara Shares Gain 5% After Bagging ₹175 Crore Chennai Project; Stock Down 9% in 2026
Puravankara shares jumped nearly 5% to ₹227.34 on Friday, August 21, 2026, against a previous close of ₹216.50. The rally followed news that the subsidiary Starworth Infrastructure secured a ₹175 crore order in Chennai. Despite this gain, Puravankara shares remain down 9% year-to-date and 23% year-on-year. Details of Puravankara’s New Chennai Order Ritz-Carlton Project Drives…
Alibaba Falls 8% After Pricing 710 Million New Shares at 8.4% Discount
Alibaba shares fell about 8% in early Hong Kong trading on August 24, 2026, after the company priced 710 million new shares at HK112.70each.ThedealwillraiseHK80 billion ($10.21 billion) to support its artificial intelligence plans. The 8.4% discount has raised concerns about shareholder dilution and the cost of Alibaba’s expanding AI spending. Investors are now weighing the…
Massive Storm System Drenches Australia; Flooding Hits Victoria, NSW on August 24
A major low-pressure system is bringing heavy rain and storms across southeast Australia through Tuesday. Victoria and NSW face flooding risks as catchments remain saturated from recent rainfall.
Federal Judge Voids Trump’s 75-Country Visa Ban on August 23
Federal Judge Jeannette Vargas ruled the Trump administration’s ban on immigrant visas for 75 countries violated the Immigration and Nationality Act of 1952 by discriminating on nationality.
Trump Imposes 50% Tariffs on $20B Canadian Goods as Trade Talks Collapse
Trump imposed 50% tariffs on $20B in Canadian goods after trade talks collapsed. Canada’s PM Carney vowed to match them dollar-for-dollar, triggering a full trade war between the longtime allies.