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Canada’s Fuel Excise Tax Set to Return Sept. 7; Poilievre Pushes Extension to 2027
Poilievre urges Carney to extend Canada’s fuel excise tax pause until Canada Day 2027. The 10-cent-per-litre break expires Sept. 7. Gas prices up 25.7% year-over-year.
FTSE 100 Today: Index Rises 0.16% as BP Jumps 2.1%, Shell Gains 1.5% Despite Hormuz Strike
The FTSE 100 today edged 0.16% higher on August 18, 2026, with energy stocks helping the index stay in positive territory despite fresh tensions around the Strait of Hormuz. BP shares climbed 2.1%, while Shell gained 1.5% as oil prices moved higher after a vessel was struck along the key shipping route. Brent crude was…
Apple iPhone 17 Pro Max Price Drops to ₹1,03,300 in India With ₹9,000 Bank Offer and Exchange Deal
The iPhone 17 Pro Max effective price has dropped sharply in India during Flipkart’s Freedom Sale 2026. The 256GB variant now lists at ₹1,41,900, down ₹8,000 from its ₹1,49,900 launch price. With eligible exchange and bank offers combined, buyers can bring the effective price down to around ₹98,300 to ₹1,03,990. How the iPhone 17 Pro…
Meta Goes to Trial in 29-State Case Over Child Safety and Mental Health
Meta is facing a major legal test as a 29-state case over child safety and youth mental health moves forward in the US. Opening arguments began on August 18, 2026, in a federal court in Oakland, California. The states accuse Meta of designing Facebook and Instagram features that can keep young users hooked and of…
Australia Sets A$31.30 Minimum Pay for 250,000 Delivery Workers
Australia mandates A$31.30 minimum hourly pay for delivery workers from August 17, 2026. The reform covers 250,000 gig workers and includes accident insurance, marking a global first in gig economy regulation.
Nelco Shares Plunge 12% Following $20 Million Investment in Elveo for Satellite Connectivity
Nelco shares dropped sharply on August 18, 2026, falling 9.21% to ₹982 on the BSE. The decline followed news that Nelco will invest $20 million in Lunar Holdco, the parent of Elveo Mobile. The Tata Group firm structured the deal through compulsorily convertible debentures. Investors reacted cautiously to the company backing a pre-revenue satellite venture….
Tech Stocks Today: Key Updates on Paytm, Airtel, Netweb Tech, Lenskart and GMR Airports
As of August 18, 2026, several Indian stocks are attracting attention after fresh company developments and recent market moves. Paytm is in focus after a proposed stake sale, while Bharti Airtel remains on investors’ watchlists as telecom trends continue to shape the sector. Netweb Technologies has drawn interest following its QIP launch. Lenskart and GMR…
Nike Stock Drops 4% to 12-Year Low Below $40 as Downgrades and Weak Sales Raise Turnaround Risks
Nike stock faced fresh selling pressure on August 17, 2026, falling about 4% and moving below the $40 mark. The shares touched around $38.85, their lowest level since 2014. Weak sales, softer footwear demand, and new analyst downgrades have added to concerns about Nike’s turnaround. Investors are now watching to see whether the sportswear giant…
Former DBS Chief Gupta Urges Singapore to Take Bigger Risks in Finance
Former DBS CEO Piyush Gupta warns Singapore’s financial sector must resist risk aversion and embrace innovation to stay competitive. He praised recent bold moves like EQDP and suggested exploring SGD-backed stablecoins.