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LA Warehouse Rotting Meat Crisis: 85M Pounds, £60M Cleanup, New Laws Loom
A burned LA warehouse holds 85 million pounds of rotting meat. Residents face foul odors, flies, and rats. Lineage Logistics faces £60M cleanup costs and new state laws targeting industrial accountability.
Oil Prices Gain With Brent Near $90 as Stocks Turn Mixed Ahead of Key US CPI Inflation Report
Oil prices extended their climb Tuesday, August 11, 2026, with Brent crude up 2.1% to $89.56 a barrel and holding above $89 for a fifth straight session. WTI crude gained 2.4% to $84.14, its highest level this month, as Strait of Hormuz shipping tensions kept energy markets on edge. Stocks turned mixed the same day,…
Ardee Industries IPO Listing Today: 27% GMP Signals Strong Debut After Issue Subscribed 133.66 Times
Ardee Industries made a strong stock-market debut on 12 August 2026 after its ₹425.87 crore IPO attracted heavy investor demand. The issue was subscribed 133.66 times, while the grey market premium (GMP) had pointed to a possible 27% listing gain before trading began. The shares eventually opened well above the ₹53 issue price, giving investors…
Trump’s New Birthright Citizenship Order Faces Court Challenge on August 11
Trump signs new executive orders to restrict birthright citizenship on August 6. ACLU and civil rights groups file lawsuit August 11 to block the orders, citing Supreme Court’s June ruling.
Spirax Group (LON: SPX) Shares Tumble 10% Despite H1 Revenue Rising 5% to £863.8 Million
Spirax Group (LON: SPX) shares fell nearly 10% on Tuesday, August 11, 2026, even as the industrial engineering company reported stronger first-half results. Revenue rose 5% year on year to £863.8 million, while adjusted operating profit increased 8% to £171.1 million. The sell-off came as investors focused on the company’s unchanged full-year outlook. With expectations…
Intel (NASDAQ: INTC) Upsizes Stock Offering to $20 Billion at $95 a Share, Stock Gains 1% Premarket
Intel Corporation priced an upsized $20 billion common stock offering on August 11, 2026. The chipmaker sold 210,526,315 shares at $95 per share, up from an initial $15 billion target announced Monday. Intel shares gained about 1% in premarket trading Tuesday, recovering after Monday’s 4% drop. The deal reflects surging demand for Intel’s foundry buildout…
Gold Price Today: MCX Gold Rises 0.15% to ₹1,52,050, Silver Jumps 0.9% to ₹2,33,550 as Brent Hits $84.41
Gold prices held firm on August 10, 2026, with MCX gold rising 0.15% to ₹1,52,050 per 10 grams. Silver moved higher at a faster pace, gaining 0.9% to ₹2,33,550 per kg. Brent crude also climbed to $84.41 a barrel, adding pressure across commodity markets. Higher oil prices, geopolitical tensions and changing rate expectations are influencing…
Hitachi Energy (NSE: POWERINDIA) Shares Surge 9% to ₹35,475 as Q1 Orders Jump 26% to ₹5,096.5 Crore
Hitachi Energy India shares jumped 9% to ₹35,475 on August 10, 2026, after the company reported strong order growth in Q1 FY27. Orders rose to ₹5,096.5 crore, up 26% year on year on a comparable basis. Revenue also increased 68.6% to ₹2,493.7 crore, while operating margins improved. The sharp rise in the stock reflects strong…
Volkswagen Stock Drops as Porsche SE Demands Swift Cost Cuts, August 09
Porsche SE demands rapid restructuring at Volkswagen after EUR 2.2B loss. CEO Blume’s plan to cut 50,000 jobs and close four German plants faces union and state resistance. Meyka grades VOW3.DE a B.