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Toyota Ex-Chief Hiroshi Okuda Dies at 93, Prius Pioneer Gone
Hiroshi Okuda, former Toyota president who championed the Prius hybrid and led the automaker’s global rise, has died at 93. He was the first non-founding family member to lead Toyota in 28 years.
Gold Price Today: XAU/USD Rises 0.7% to $4,400 as Investors Await US CPI for Fed Rate Clues
On August 12, 2026, the spot gold price climbed 0.7% to hover near $4,400 per ounce. Traders pushed XAU/USD higher as global markets braced for key US Consumer Price Index data. Weak July non-farm payrolls added only 23,000 jobs, shifting market expectations for Federal Reserve rate cuts. Middle East geopolitical friction and robust central bank…
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…
Oracle Layoffs Could Intensify After 21,000 Jobs Were Cut Amid AI Expansion
Oracle layoffs are expected to intensify again before September 1, 2026, according to a Business Insider report from earlier this week. That follows a brutal fiscal 2026 in which Oracle already eliminated 21,000 jobs, roughly 13% of its total workforce, according to its June 22 regulatory filing. Oracle stock closed at $145.48 on August 11,…
Porter Airlines Flight Cancelled After Child Refuses Seatbelt in Victoria, August 6
Porter Airlines cancelled Flight PD444 on August 6 after a child refused to wear a seatbelt. All passengers were rebooked for August 7. The incident sparked debate over airline safety protocols and parental responsibility.
Intel (NASDAQ: INTC) Upsizes Stock Offering to $20 Billion at $95 a Share, Stock Gains 1% Premarket
Intel Corporation priced an upsized $20 billion common stock offering on August 11, 2026. The chipmaker sold 210,526,315 shares at $95 per share, up from an initial $15 billion target announced Monday. Intel shares gained about 1% in premarket trading Tuesday, recovering after Monday’s 4% drop. The deal reflects surging demand for Intel’s foundry buildout…
Leap India vs Technocraft Ventures IPO GMP: Technocraft Signals 14% Listing Gain, Leap India 6%
Leap India’s IPO closes today, August 11, 2026, with a grey market premium of ₹10. That signals an estimated 6.3% listing gain over its ₹159 upper price band. Technocraft Ventures, closing the same day, shows a stronger ₹30 GMP, implying 14.15% gains. Both mainboard IPOs list on NSE and BSE on August 14, 2026. Leap…
OCBC Surges on Strong H1 2026 Results as Wealth Fees Jump 42%
OCBC surges on strong H1 2026 results as wealth management fees jump 42% and loan growth accelerates. Singapore’s banking trio accounts for 89% of STI gains since year start.
Indian Market Today: Sensex Falls 0.11%, Nifty Holds Above 24,500 on Global Cues
Indian stocks traded cautiously on August 10, 2026, as global signals offered mixed cues. The Sensex slipped 0.11%, while the Nifty 50 remained above the 24,500 mark. Softer US jobs data raised hopes for easier global rate conditions, but higher crude oil prices kept pressure on Indian equities. Q1 FY27 earnings also continued to drive…