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Malaysia Halts Passports Valid Over 10 Years After Airline Check-In Issues
Malaysia stops issuing passports valid over 10 years after airline check-in problems. Free replacements offered to 26,000 affected holders as of August 12, 2026.
Toyota Ex-Chief Hiroshi Okuda Dies at 93, Prius Pioneer Gone
Hiroshi Okuda, former Toyota president who championed the Prius hybrid and led the automaker’s global rise, has died at 93. He was the first non-founding family member to lead Toyota in 28 years.
Tencent Q2 Profit Misses Estimates at RMB56 Billion as AI Spending Rises, Revenue Jumps 11% to RMB204.8 Billion
Tencent reported second-quarter 2026 results Wednesday, missing profit estimates as AI spending surged sharply. Net profit attributable to equity holders reached RMB56.0 billion, up just 0.7% year-over-year. That figure fell roughly 4% short of the RMB58.5 billion analyst consensus. Revenue climbed 11% to RMB204.8 billion, beating expectations of RMB202.7 billion for the quarter. Tencent Q2…
Paramount CEO Ellison Threatens California Exit by Oct. 1 Over Merger Dispute
Paramount CEO David Ellison threatens to move the studio out of California by October 1 if AG Rob Bonta refuses settlement talks in the $110B Warner Bros. merger antitrust case.
Toyota (NYSE: TM) Former Chief Hiroshi Okuda, Pioneer Behind Prius Hybrid, Dies at 93
Hiroshi Okuda, the former head of Toyota Motor, has died at 93. Okuda joined Toyota in 1955 and became president in 1995, before taking over as chairman in 1999 and holding the position until 2006. He is widely remembered for backing the Toyota Prius, which went on sale in Japan in December 1997 as a…
US Navy Fires Missiles at Cargo Ship Breaking Iran Blockade on August 11
U.S. Navy helicopter fired two Hellfire missiles at the M/V Vela Nova on August 11, disabling its steering gear after the crew ignored repeated warnings. It was the third vessel disabled since the blockade was reimposed in July.
Godrej Consumer Products Shares Tumble 10% to 52-Week Low of ₹922.50 as CEO Sudhir Sitapati Resigns
Godrej Consumer Products shares plunged nearly 10% on August 12, 2026, after CEO and Managing Director Sudhir Sitapati unexpectedly resigned. The stock touched a fresh 52-week low of ₹922.50 on the NSE, putting the FMCG major under sharp investor pressure. Sitapati’s exit came just months after his reappointment, raising concerns about the company’s leadership transition….
Gordie Howe Bridge Records 41,000 Crossings in First 5 Days, Captures 44% of Regional Traffic
Gordie Howe International Bridge saw 41,000 crossings into Canada in first 5 days of operation, capturing 44% of regional border traffic. StatCan data shows strong early demand from motorists and exporters.
Polymarket Prepares Major U.S. Push to Catch Kalshi as Prediction Market Battle Intensifies
Polymarket is making its clearest U.S. expansion push yet, building an internal market-making desk that would trade directly against its own users. That shift, reported by Bloomberg on August 12, 2026, moves Polymarket closer to a traditional sportsbook model. It comes as rival Kalshi seeks fresh funding at a valuation near $40 billion, nearly double…