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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.
US 30-Year Bond Yields Hit 19-Year High of 5.23% Ahead of August 12 CPI Report
US 30-year Treasury yields hit 5.23% on August 12, 2026, the highest since 2007. Inflation fears and fiscal deficits are pushing long bonds higher as investors await CPI data.
Gold Price Today: XAU/USD Rises 0.7% to $4,400 as Investors Await US CPI for Fed Rate Clues
On August 12, 2026, the spot gold price climbed 0.7% to hover near $4,400 per ounce. Traders pushed XAU/USD higher as global markets braced for key US Consumer Price Index data. Weak July non-farm payrolls added only 23,000 jobs, shifting market expectations for Federal Reserve rate cuts. Middle East geopolitical friction and robust central bank…
US 30-Year Bond Yield Hits 5.28%, Highest Since 2007, as Inflation Fears Mount
US 30-year Treasury yield hits 5.28%, highest since 2007. Inflation fears, Middle East tensions, and Fed credibility doubts drive long-end surge. Australia’s 10-year yield approaches 5%.
Bata India Shares Rally 9% to ₹759.75 as Q1 Profit Jumps 23% to ₹64 Crore
Bata India shares rallied nearly 9% on Wednesday, touching an intraday high of ₹759.75 on the NSE. The move came after the footwear maker posted a strong set of numbers for the June 2026 quarter. Consolidated net profit rose 23% year-on-year to ₹63.98 crore, up from ₹51.7 crore in Q1 FY26. The rally pushed the…
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…
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,…
Porter Airlines Flight Cancelled After Child Refuses Seatbelt in Victoria, August 6
Porter Airlines cancelled Flight PD444 on August 6 after a child refused to wear a seatbelt. All passengers were rebooked for August 7. The incident sparked debate over airline safety protocols and parental responsibility.
O’Hare Sets Global Delay Record as Thunderstorms Trigger Back-to-Back Ground Stops
FAA ground stops at Chicago O’Hare on August 9-10 due to thunderstorms triggered 450 delays and 168 arrival cancellations. United Airlines hit hardest with 48% of airport seats.