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Taiwan Name Row Erupts at Nagoya Asian Games; 2028 Olympics Next
Taiwan groups demand “Chinese Taipei” name be changed to “Taiwan” at Nagoya Asian Games and 2028 Olympics, citing 47-year-old Nagoya decision as political imposition by China.
US Weighs 7.5% Tariff on China; Switzerland Could Be Hit Too
Washington considers 7.5% additional tariffs on Chinese goods over overcapacity claims. China opposes the move and threatens countermeasures. Switzerland may also face duties.
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.
Sony Stock Faces Pressure as PlayStation Blackout Protest Enters Day 3
Sony faces a PlayStation Blackout protest from August 23-30 as gamers boycott over the company’s plan to end physical disc production by January 2028. Digital sales already dominate PlayStation revenue.
Trump Threatens ‘Economic D-Day’ Against Iran as War Enters New Phase on August 21
Trump vows ‘economic D-Day’ against Iran with unprecedented sanctions. Treasury Secretary Bessent promises details August 24. Oil rises to $94 as global allies face pressure to join blockade.
Goodwin Mulls Sale of Defence Engineering Division Supplying Submarine and Warship Components
On August 7, 2026, British engineering company Goodwin confirmed it is reviewing options for its defence engineering division, including the possible sale of a substantial part of the business. The division supplies critical components for UK and U.S. submarines and warships, making the announcement one of the most closely watched developments in the defence sector….
Holidays Disrupted as 11 UK Travel Companies Collapse in Recent Months
UK travel firms have collapsed at an alarming rate in 2026. Since January, 11 operators have entered liquidation or ceased trading, according to industry reports. The wave spans coach tours, cruise specialists, and flight-and-hotel package providers. Thousands of holidaymakers now face cancelled trips and refund battles, while the sector confronts its sharpest instability in years….
Sony Stops PlayStation Disc Production by January 2028 Amid Digital Shift
Sony ends PlayStation physical game disc production in January 2028. Digital downloads now account for 78% of PlayStation game sales, but gamers worry about losing ownership rights.
Sony Ends PlayStation Disc Production by January 2028; Gamers Revolt
Sony will end physical PlayStation disc production in January 2028. Digital downloads now account for 78% of game sales. Gamers and developers express concern over lost ownership and access.