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US Threatens Iran’s Trading Partners With Sanctions as Treasury Tightens Economic Grip
Trump administration threatens secondary sanctions on Iran’s trading partners including China, Turkey, and UAE. Treasury Secretary Bessent warns countries to cut ties with Tehran or face US penalties.
Canada hits US with C$27.6B tariff counterpunch on August 26
Canada imposes C$27.6B in retaliatory tariffs on US goods starting September 8, targeting paper, dairy, steel, and appliances in response to Trump’s 50% tariffs. Kimberly-Clark and Cascades face margin pressure.
Moonshot AI Negotiates Revenue-Sharing Deals With Microsoft, Amazon and Google
Moonshot AI is negotiating revenue-sharing agreements with Microsoft, Amazon, and Google, Reuters reported on August 26, 2026. The Beijing-based startup wants these three cloud giants to host its Kimi K3 model. Moonshot is seeking up to 30% of revenue generated from K3-related services. A completed deal would mark the first major revenue-sharing pact between a…
Oil Prices Fall Over 2% as Iran Talks Raise Hopes for Strait of Hormuz Reopening
Oil prices fell more than 2% on August 26, 2026, after renewed Iran-Oman talks raised hopes that the Strait of Hormuz could reopen. Brent crude slipped to around $86.30 a barrel, while WTI traded near $80.15, extending the previous session’s losses. Markets are now watching whether diplomatic progress can restore shipping through the waterway. A…
Swiss Household Income Hits Record 65,124 Francs in 2025, Savings Surge
Swiss household disposable income reached 65,124 francs in 2025, the highest on record. Savings rate climbed to 27.4%, with voluntary savings at 19.3%, reflecting strong purchasing power and financial resilience.
Varun Beverages Ltd Stock in Focus as Morgan Stanley Highlights RTD, Alcobev Opportunity
Varun Beverages Ltd stock is back in focus on August 26, 2026, after the company announced plans to enter the ready-to-drink (RTD) alcoholic beverages market through KIVA Spirits. Morgan Stanley retained its Overweight rating and a ₹557 target price, pointing to more than 27% potential upside. The move gives the PepsiCo bottler another growth avenue…
Adani Energy Shares Rise 3% on ₹4,700 Crore Transmission Project Win; Order Book Hits ₹85,000 Crore
Adani Energy Solutions shares rose 1.75% to ₹1,617.85 on the BSE on Wednesday, August 26, 2026. The rally followed news that AESL won a ₹4,700 crore transmission project in Maharashtra. This latest contract pushes the company’s total order book past ₹85,000 crore, building on July’s ₹80,000 crore milestone. The stock has now gained 56% over…
Qantas Launches Double Points Offer as RBA Credit Card Reforms Loom on August 26
Qantas offers double frequent flyer points or status credits through September 2, 2026, ahead of RBA reforms cutting credit card rewards. Bookings must be made by September 2 for travel through August 14, 2027.
Israel Raids Last UNRWA Facility in East Jerusalem on August 25
Israeli forces raided UNRWA’s Qalandiya Training Center in East Jerusalem on August 25, seizing the agency’s last facility in the territory. Netanyahu cited a 2024 law banning the organization over alleged Hamas ties.