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On Holdings Plunges 19% as Federer Drops Below Billionaire Status on August 13
Roger Federer’s net worth fell below $1 billion after On Holding stock plunged 19% on Tuesday. Forbes estimates his fortune at $949 million, down from over $1.1 billion, following the sneaker brand’s missed sales expectations.
Chick-fil-A Launches Chicken & Waffles Sandwich August 24 as Fall Menu Debuts
Chick-fil-A debuts Chicken & Waffles Sandwiches on August 24 as breakfast and all-day entrée, plus S’mores Milkshake and Frosted Coffee. Breakfast starts at $4.95, entrée at $7.59.
Karnataka Bandh August 13: Schools Open, Transport Hit as Water Dispute Escalates
Karnataka bandh on August 13, 2026 from 6am-6pm over Cauvery water dispute. Schools stay open, essential services continue, but transport and shops may close in parts of the state.
USS Abraham Lincoln Sailors Attempt Suicide as 9-Month Deployment Breaks Records
Multiple sailors aboard USS Abraham Lincoln attempted suicide during record-breaking 250-day deployment. Families confront Navy leadership over mental health crisis, poor living conditions, and no return date.
Asian Stocks Rise as KOSPI Surges on Chip Rally, Nasdaq 100 Futures Gain 0.4% Ahead of US CPI
Asian stocks climbed on August 12, 2026, as a fresh rally in chip shares pushed South Korea’s KOSPI sharply higher. Strong gains in major semiconductor companies lifted technology sentiment, while Nasdaq 100 futures rose about 0.4% before the latest US inflation data. Investors were watching closely to see whether the CPI report would support hopes…
Dhoot Transmission IPO GMP: 30% Listing Gain Expected as Molbio Trails at 16%
Dhoot Transmission IPO GMP stood at ₹259 as of August 9, 2026, signaling a 29.74% listing gain over its ₹871 upper price band. That puts the auto components maker well ahead of fellow mainboard debutant Molbio Diagnostics, whose GMP of ₹132 implies a smaller 16.36% premium over its ₹807 upper band. Both issues close for…
Ardee Industries IPO Listing Today: 27% GMP Signals Strong Debut After Issue Subscribed 133.66 Times
Ardee Industries made a strong stock-market debut on 12 August 2026 after its ₹425.87 crore IPO attracted heavy investor demand. The issue was subscribed 133.66 times, while the grey market premium (GMP) had pointed to a possible 27% listing gain before trading began. The shares eventually opened well above the ₹53 issue price, giving investors…
Fly540 Liquidated: Kenya’s Low-Cost Airline Collapses After 20 Years
Fly540, Kenya’s low-cost airline, placed under receivership by Chase Bank and faces liquidation. The airline has been grounded since 2022 after years of debt and operational struggles.
Spirax Group (LON: SPX) Shares Tumble 10% Despite H1 Revenue Rising 5% to £863.8 Million
Spirax Group (LON: SPX) shares fell nearly 10% on Tuesday, August 11, 2026, even as the industrial engineering company reported stronger first-half results. Revenue rose 5% year on year to £863.8 million, while adjusted operating profit increased 8% to £171.1 million. The sell-off came as investors focused on the company’s unchanged full-year outlook. With expectations…