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FIFA World Cup Prize Money Hits Record $1.25 Billion in 2026
FIFA awards record $1.25 billion in prize money for 2026 World Cup. Winners take home USD $50 million, runners-up USD $33 million. Every team guaranteed minimum USD $12.5 million.
CEAT (NSE: CEATLTD) Shares Sink 9% as Q1 FY27 Profit Crashes 96% Amid West Asia Crisis
CEAT shares sank as much as 9.3% Friday after a dismal Q1 FY27 profit report. The tyre maker’s net profit crashed 96% to just ₹4 crore. That compares with ₹112 crore reported in the same quarter last year. Revenue still grew 22.36% year-on-year to ₹4,318 crore during the quarter. CEAT shares touched an intraday low…
Bitcoin (BTC/USD) Falls Below $63,000 as U.S.-Iran Tensions and Rate Fears Hit Crypto Markets
On 17 July 2026, Bitcoin (BTC/USD) slipped below the $63,000 mark as investors responded to rising tensions between the United States and Iran and fresh concerns about future Federal Reserve interest rate decisions. The move weighed on the wider cryptocurrency market, with several leading digital assets posting losses. As uncertainty grows across global markets, traders…
Wise (LSE: WISE) Reaffirms Full-Year Outlook After Q1 Revenue Jumps 25% to $714 Million
Wise reported strong first-quarter results for fiscal year 2027 on July 16, 2026. Net revenue rose 25% year-over-year to $714.0 million for the quarter ended June 30. Transaction revenue climbed 27% to $540.9 million, driven by rising cross-border volumes. Wise reaffirmed its full-year guidance, targeting revenue growth in the middle of its 15-20% range. Active…
FTSE 100 Edges Higher 0.05% as U.S.-Iran Conflict Keeps Investors on Edge Despite Asian Selloff
On 17 July 2026, the FTSE 100 inched up 0.05%, holding steady even as several Asian markets moved lower amid rising tensions between the United States and Iran. Investors stayed cautious as concerns over global economic growth and energy supplies continued to build. Even with the uncertain backdrop, London’s benchmark index found support from defensive…
Zhongji Innolight Targets Up to $7 Billion in Hong Kong Listing After July 17 Approval
Zhongji Innolight is nearing final clearance for what could become Hong Kong’s largest listing this year. Bloomberg reported on July 15, 2026, that China’s securities regulator was set to approve the deal. That approval clears the path for a Hong Kong Stock Exchange listing hearing this week. Zhongji Innolight now aims to raise to $7…
Shein IPO: Fast-Fashion Giant Wins Hong Kong Listing Approval Ahead of Market Debut
On 17 July 2026, Shein moved closer to becoming a publicly traded company after the Hong Kong Stock Exchange’s listing committee approved its proposed IPO. The approval follows years of delays and regulatory hurdles that disrupted the retailer’s earlier plans to list elsewhere. Investors are now waiting for the next steps, with the offering expected…
PC Jeweller Shares Fall 5.80% to ₹9.73 After Board Approves ₹1,000 Crore QIP on July 16
On 16 July 2026, PC Jeweller shares fell 5.80% to ₹9.73 after the company’s board approved a ₹1,000 crore Qualified Institutional Placement (QIP). The fundraising plan aims to strengthen the company’s finances and support future growth. However, the announcement also raised concerns about possible equity dilution, leading to selling pressure in the stock. Here’s why…
Caliber Mining IPO Sees Early Bids on Day 1; ₹135 Crore Anchor Book Backed by Abakkus and Helios
The Caliber Mining IPO opened for public subscription on July 17, 2026. The Maharashtra-based coal mining and logistics firm is raising ₹450 crore through this mainboard offering. Ahead of the launch, the company secured ₹134.99 crore from anchor investors on July 16. Abakkus and Helios Mutual Fund led the anchor round, signaling strong institutional confidence…