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Tom Begich Drops Alaska Governor Race, Backs Democrat Rival on August 29
Tom Begich suspends Alaska governor campaign after finishing second in primary, endorses Democrat Jonathan Kreiss-Tomkins. Cook Political Report rates race likely Republican.
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.
Itochu to Invest ¥250B in Dentsu Soken, Taking 38.2% Stake
Itochu to invest ¥250 billion for 38.2% stake in Dentsu Soken via tender offer. Move aims to resolve parent-subsidiary dual listing structure and expand Itochu’s IT segment.
Oil Flows Through Strait of Hormuz Recover to Two-Thirds of Pre-War Levels, Goldman Sachs Says
Goldman Sachs said Thursday that oil flows through the Strait of Hormuz have recovered to roughly two-thirds of pre-war levels. Total Gulf exports of crude and oil products have climbed to 15 million to 16 million barrels per day. Goldman Sachs said the recovery is limiting the Iran war’s overall impact on global crude prices….
Ola Electric Shares Jump 6% to ₹39.77 After Launch of S1Z Scooters With Bharat Cell Technology
Ola Electric shares jumped 6% to around ₹39.77 on Friday, August 28, 2026. The rally followed the launch of the S1Z, the company’s first mass-market scooter using its indigenous Bharat Cell LFP technology. Ola Electric aims the S1Z at India’s largest electric two-wheeler buying segment. What the S1Z Brings to Market The S1Z uses Ola…
SK Gas Tanker Pays Record $5.3 Million for Priority Transit Through Panama Canal
SK Gas paid a record $5.3 million to secure priority passage through the Panama Canal, the waterway’s deputy administrator confirmed Thursday, August 27, 2026. The South Korean company won the auction for its G. Spirit LPG tanker to transit northbound on September 1. This fee breaks the previous record of $4.6 million, set just two…
Ather Energy Shares Surge Over 5% as Hero MotoCorp Increases Stake After ₹1,758 Crore Deal
Ather Energy shares surged more than 5% on August 28, 2026, after a ₹1,758 crore block deal drew fresh investor attention. The rally followed Hero MotoCorp’s decision to increase its stake in the electric scooter maker from 29.88% to about 32.8%. The move signals stronger confidence in Ather’s growth as competition in India’s electric two-wheeler…
Mizuho Sues Radiant World in Singapore Court as Police Probe Widens
Singapore police raid Radiant World’s office investigating falsified documents. Mizuho Bank files court injunction against the iron ore trader on August 28 as five banks discover fake invoices.
Nepal Floods Kill 359 as Glacier Collapse Triggers Himalayan Disaster; 34 Australians Missing
Glacier collapse in Nepal Himalayas triggers deadly flash floods killing 359 people. 34 Australians among nearly 1,500 missing as rescue efforts continue across Nepal-Tibet border.