Business & Economy
Markets, trade, work and prices, and which outlets reported which numbers.
389 stories · page 17 of 19
Divergence, source breadth, recency and a broader regional mix.
Business & Economy · United StatesAstraZeneca offers $10 billion for Rhythm Pharmaceuticals
AstraZeneca has made a non-binding offer of approximately $10 billion to acquire Rhythm Pharmaceuticals, a company specializing in treatments for rare forms of obesity. The offer values Rhythm at about $124 per share, including potential milestone payments.
United States2 min readTrust 53 · Craft 87 · Hype 15
Business & Economy · Middle EastSaudi Aramco to supply full oil to Europe in November
Saudi Aramco will meet European refineries' full oil orders in November. Deliveries were disrupted in October due to damage to the East-West pipeline, which has now resumed operations.
Middle East3 min readTrust 42 · Craft 59 · Hype 41
Business & Economy · Asia-PacificIndonesia to close 750 state firms by end of 2026, Prabowo says
Indonesian President Prabowo Subianto announced plans to close over 750 state-owned enterprises by the end of 2026, citing unproductive operations and fabricated profits. The move aims to save 70 trillion rupiah this year and may include a special court to investigate past management.
Asia-Pacific4 min readTrust 68 · Craft 85 · Hype 15
Business & Economy · United StatesWSP CEO: Trump administration causing project delays in US
WSP Global CEO Alexandre L'Heureux said the Trump administration's reviews are causing delays and slowing cash flow on some US projects. Despite this, he affirmed the United States remains a key market for the engineering firm.
United States3 min readTrust 42 · Craft 59 · Hype 20
Business & Economy · Middle EastOil majors expect profits to surge on Iran war
Oil majors are poised for a significant increase in third-quarter profits, driven by elevated refining margins and trading results stemming from the ongoing conflict in the Middle East. Investors are watching closely to see how these companies will manage their increased cash flow.
Middle East3 min readTrust 74 · Craft 95 · Hype 15
Business & Economy · United StatesTrump Imposes 50 Percent Tariff on Canadian Wine, Hockey Sticks and Cement
U.S. President Donald Trump signed an executive order imposing a 50 percent tariff on Canadian wine, hockey sticks and cement, citing discriminatory trade policies. Canadian trade officials are in Washington for talks as the Canada-U.S.-Mexico Agreement enters annual review after countries failed to agree on renewal.
United States4 min readTrust 42 · Craft 95 · Hype 15
Business & Economy · United StatesUS considers ban on new Chinese data centre transceivers over AI security
The US Federal Communications Commission is preparing a possible ban on new Chinese optical transceivers used in data centres, citing national security risks. The measure, if published this year, could disrupt supply chains for US cloud providers and affect Chinese firms like Zhongji Innolight, which holds 27% of the global market.
United States4 min readTrust 55 · Craft 60 · Hype 35
Business & Economy · United StatesSenator Wyden accuses three banks of ignoring Epstein trafficking red flags
A US Senate report led by Senator Ron Wyden alleges three major banks ignored evidence of sex trafficking and money laundering linked to Jeffrey Epstein and Leon Black. The banks deny wrongdoing, while Wyden calls for federal investigations and stricter banking regulations.
United States4 min readTrust 45 · Craft 55 · Hype 15- Business & Economy · India
Sensex rises while Nifty falls on first day of new closing auction
On 4 August 2026, the Sensex climbed 0.60% while the Nifty 50 dropped over 1% during the trading session. Analysts attributed the divergence to the new Closing Auction Session, which began the previous day for stocks in the futures and options segment.
India4 min readTrust 55 · Craft 60 · Hype 35 
Business & Economy · IndiaIndia launches Closing Auction Session as Sensex and Nifty trade mixed
The Closing Auction Session (CAS) for India’s equity cash segment began on 3 August 2026, aiming to improve price discovery. The BSE Sensex rose 97 points in early trade on 4 August, while the NSE Nifty fell 173.95 points, following a 390-point spike attributed to the new mechanism.
India4 min readTrust 42 · Craft 55 · Hype 15
Business & Economy · Middle EastStrait of Hormuz reopening talks send S&P 500 to $70 trillion record
The S&P 500 reached a record $70 trillion market capitalisation on 4 August 2026 after US Treasury Secretary Scott Bessent indicated the Strait of Hormuz could reopen to oil traffic as soon as 5 August. Bitcoin traded at $64,176 while crude prices fell sharply.
Middle East4 min readTrust 42 · Craft 55 · Hype 65
Business & EconomyCogeco posts $81.5 million Q4 profit, CEO Frédéric Perron warns of US challenges
Cogeco Inc. announced fourth‑quarter profit of $81.5 million, up from $76.2 million a year earlier, with diluted earnings of $1.87 per share. Revenue slipped to $713.9 million, the U.S. cable business kept losing customers and introduced a streaming TV product, and its subsidiary posted $87 million profit.
2 min readTrust 76 · Craft 70 · Hype 15
Business & Economy · RussiaIndia and Russia Target $100 Billion Trade by 2030
India and Russia aim to significantly boost bilateral trade and investment by 2030, with leaders directing officials to expand cooperation. The targets were announced by India's Ambassador to Russia, Vinay Kumar.
Russia2 min readTrust 60 · Craft 60 · Hype 30
Business & Economy · United StatesUS trade deficit in goods rose 11.5% in August
The US trade deficit in goods increased by 11.5% in August to $132.6 billion, reaching its highest point since March 2025. This rise was primarily due to a significant increase in imports, and the deficit may negatively impact US GDP growth.
United States2 min readTrust 42 · Craft 57 · Hype 41
Business & Economy · United KingdomUK retail sales growth slows to 1.3% in September
Total UK retail sales grew by 1.3% year-on-year in September, a slowdown from the previous year. Food sales increased, while non-food and fashion sectors saw weaker performance. Retailers are urging the Chancellor to consider business rates and potential taxes.
United Kingdom4 min readTrust 60 · Craft 70 · Hype 20
Business & EconomyBank of Canada Rate Hikes May Be Limited by Economic Slowdown
The Bank of Canada may face limitations on future interest rate hikes due to an anticipated economic slowdown. Factors such as trade uncertainty and reduced immigration levels are expected to influence the bank's monetary policy decisions in the coming months.
1 min readTrust 30 · Craft 45 · Hype 20
Business & EconomyEconomists Expect Steady August Inflation Amid Falling Gas Prices
Economists anticipate that inflation remained stable in August, influenced by a decrease in gasoline prices. However, ongoing trade tensions between Canada and the United States are expected to affect consumers.
1 min readTrust 30 · Craft 45 · Hype 20- Business & Economy · United States
Naz Reid learned of Hornets trade while heading to the Bahamas
Naz Reid, traded from the Minnesota Timberwolves to the Charlotte Hornets, said he was informed of the possibility 48 hours before the trade was reported. He was en route to the Bahamas when the deal was confirmed. Outlets diverged on whether to lead with the timing or the location of his revelation.
United States3 min readTrust 42 · Craft 77 · Hype 15 
Business & Economy · IndiaIndia's services sector shows broad growth in August
India's services sector demonstrated sustained momentum in August 2026, with 17 out of 19 sub-sectors recording growth, according to the new trial Index of Services Production. Thirteen sub-sectors posted double-digit increases, signalling a robust economic performance.
India3 min readTrust 86 · Craft 85 · Hype 12
Business & Economy · IndiaPolish PM Tusk seeks deeper India tech ties
Polish Prime Minister Donald Tusk urged India and Poland to deepen technological cooperation beyond traditional trade, focusing on AI, aerospace, and digital sectors. He highlighted Bengaluru as a key innovation hub and called for joint ventures to strengthen economic ties.
India3 min readTrust 60 · Craft 65 · Hype 20
