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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.
US Backs Down on French Language in Canada Trade Talks, August 28
U.S. Trade Representative Jamieson Greer confirms the Trump administration is withdrawing demands on Canadian French language protections and culture, opening the door to renewed trade talks after negotiations collapsed last week.
Indian Stock Market Today: SENSEX Jumps 350 Points, NIFTY50 Above 24,150 as IT Stocks Rally
Indian stock market indices extended gains through Friday morning, August 28, 2026, led by a sharp IT sector rally. The Sensex climbed roughly 366 points, or 0.47%, to near 77,295. The Nifty50 pushed past 24,168, building on its early gains. Nifty IT rose over 1% as traders awaited Fed Chair Kevin Warsh’s Jackson Hole remarks….
Trump Renames Lake Ontario to Lake America via Executive Order, August 28
Trump signs executive order renaming Lake Ontario to Lake America. Federal agencies have 30 days to update records. Canada and U.S. governors reject the name change.
Bank Holiday Today, August 28: Are Banks Closed for Raksha Bandhan? Check State-Wise List
Bank holiday today, August 28, 2026, applies to 11 states and union territories for Raksha Bandhan. The RBI holiday calendar confirms closures across Gujarat, Rajasthan, Uttar Pradesh, and several other regions. Banks in Delhi, Maharashtra, West Bengal, Karnataka, and Tamil Nadu remain open as usual. Customers can still access digital services like UPI and net…
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.
US and China Race for Pacific Deep-Sea Mining as Australia Faces Pressure to Act
US and China compete for Pacific deep-sea mining of critical minerals worth USD 30 trillion. Australia faces pressure to shape international governance before operations start in 2027.
Meta (META) $18 Billion Settlement Escalates Global Fight Over Social Media Harm to Teens
Meta agreed on August 26, 2026, to pay up to $18 billion to settle claims that Facebook and Instagram were designed in ways that harmed young users. The deal also brings strict new limits for teenagers, including daily usage caps and overnight restrictions. But the settlement reaches beyond Meta. It could increase pressure on TikTok,…
Two Dog Food Recalls Hit UK Pet Owners: Metal and Salmonella Risks
Two dog food recalls issued in August 2026: Fromm Family Foods recalls 5,800+ cases for metal contamination; Oma’s Pride recalls 639 bags for salmonella. Check product codes and stop feeding immediately.