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House Foods Stock Jumps 7% as Ichibanya Sale Looms on September 1
House Foods (2810.T) stock rises 7% to ¥4,000 after confirming sale of CoCo Ichibanya stake. Ichibanya jumps 16% as PE firms show interest in Japan’s 1,500-store curry chain.
Siemens Chief Busch Warns EU on AI Regulation Pace, August 31
Siemens CEO Roland Busch warns the EU that slow AI regulation lets competitors advance faster. He also defends China’s competitiveness and cautions against broad tariffs.
Bank of China Jumps 7.2% to HK$5.90 on Strong H1 Earnings
Bank of China stock rallies 7.2% to HK$5.90 after H1 2026 earnings beat expectations with 5.1% profit growth and improving net interest margins.
Bugatti CEO Rimac Says Petrol Supercars Will Dominate Luxury Market
Bugatti CEO Mate Rimac predicts petrol engines will dominate ultra-luxury supercars for decades, comparing the market to Swiss watchmaking. Bugatti Tourbillon sells out at AUD $6.7 million.
Infosys Public Services CEO Lax Gopisetty Unreachable After Nepal Floods
Infosys Public Services CEO Lax Gopisetty unreachable after Nepal floods. 320 Indians missing along Nepal-Tibet border. Company working with agencies to establish contact.
US Ends Military Aid to Iraqi Kurds by September 30, 2026
Pentagon halts military aid to Kurdish Peshmerga forces as four-year security agreement expires September 30, 2026. Kurds fear power vacuum and Iranian expansion.
US Weighs 7.5% Tariff on China; Switzerland Could Be Hit Too
Washington considers 7.5% additional tariffs on Chinese goods over overcapacity claims. China opposes the move and threatens countermeasures. Switzerland may also face duties.
Autodesk (ADSK) Stock Falls 4% Despite Q2 Earnings Beat as Fiscal 2027 Guidance Disappoints
Autodesk (ADSK) stock fell about 4% on August 28, 2026, even after the company beat Wall Street estimates in its fiscal second-quarter results. Autodesk posted $2.05 billion in revenue and $3.30 in adjusted EPS, both above expectations. Investors quickly turned their attention to the fiscal 2027 outlook. The strong Q2 numbers were not enough to…
US and China Race for Pacific Deep-Sea Mining as Australia Faces Pressure to Act
US and China compete for Pacific deep-sea mining of critical minerals worth USD 30 trillion. Australia faces pressure to shape international governance before operations start in 2027.