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Asics to Dissolve Trading Subsidiary, Consolidate Walking Business August 15
Asics will liquidate its trading subsidiary and consolidate walking operations. Q2 profit jumped 62.1% to 35.6 billion yen as Onitsuka Tiger brand drives growth.
Trump Orders Navy to Ditch Modern Catapults for Steam on New Carrier
Trump orders Pentagon to replace electromagnetic catapult systems with steam on USS Doris Miller carrier within 60 days. Change could cost billions and require more sailors to operate.
Three Scots College Students Charged With Sexual Assault of 14-Year-Old Girl
Three Scots College boys aged 13 and 14 charged with sexual assault of 14-year-old girl in Sydney’s east. School refuses to comment on suspension status. Court appearance set for August 25.
Dhoot Transmission IPO GMP: 30% Listing Gain Expected as Molbio Trails at 16%
Dhoot Transmission IPO GMP stood at ₹259 as of August 9, 2026, signaling a 29.74% listing gain over its ₹871 upper price band. That puts the auto components maker well ahead of fellow mainboard debutant Molbio Diagnostics, whose GMP of ₹132 implies a smaller 16.36% premium over its ₹807 upper band. Both issues close for…
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…
PNE AG (ETR: PNE3) Shares Plunge Over 20% as Takeover Bids Fall Below Current Market Price
PNE AG shares have plunged more than 20% since Monday’s disclosure that takeover bids fell short of expectations. The German wind farm developer confirmed potential acquirers priced below the company’s current market valuation. PNE AG’s stock hit its lowest level since late April on Tuesday, August 11, 2026. The uncertainty now clouds a sale process…
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…
Apollo Micro Systems Share Price Falls 2.72%: Revenue Surges 88%, PAT Jumps 43%
Apollo Micro Systems share price came under pressure on August 10, 2026, despite a strong Q1 FY27 performance. The defence electronics company reported an 88% year-on-year rise in revenue to ₹251.3 crore, while profit after tax increased 43% to ₹25.2 crore. Despite these strong numbers, buying interest remained weak. Investors are now tracking margins, valuation…
Accell Group Files for Insolvency on August 5; 370 German Jobs at Risk
Accell Group files for insolvency after failed takeover. German bike brands Ghost, Haibike, and Winora seek administration. 370 employees affected. Company owns Raleigh and Babboe.