Dangote Refinery Opens $1.6 Billion Share Sale to Fund Capacity Expansion
The Nigerian refinery is offering 4.1 billion shares as it seeks capital to double output and broaden ownership across Africa.
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389 reports.
France sets out €1 billion farm rescue package after damaging summer heat
The government says compensation, faster subsidy payments and targeted tax relief will help farms absorb crop losses and restart production after drought and heatwaves.
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US diesel hits record $5.85 a gallon as war-linked fuel costs ripple through the economy
The American Automobile Association says average US diesel prices have reached a record $5.85 a gallon, intensifying pressure on farmers, hauliers and food supply chains already strained by the Iran war.
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Global stocks edge higher as Middle East tensions keep markets on edge
Shares advanced after recent declines even as investors watched the U.S.-Iran conflict, while the Japanese yen strengthened sharply against the dollar.
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Dutch central bank moves 86 tonnes of gold to London as geopolitical worries grow
The Dutch central bank says it shifted 86 tonnes of gold from the United States and Canada to London, arguing the move improves crisis deployability and resilience.
Read report »Japan eases overtime oversight for companies with special labor agreements
Labor inspectors will stop pressing eligible businesses to remain below 45 monthly overtime hours, while the legal ceiling and health safeguards remain in place.
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John Ternus takes over as Apple CEO as Tim Cook becomes executive chairman
Apple says John Ternus is now chief executive, while Tim Cook moves into the executive chairman role after 15 years at the top.
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IMF and Senegal reach new $2.2 billion reform deal after debt misreporting scandal
The IMF says a new 36-month loan program for Senegal will back economic reform through 2029, but the board still must approve the agreement after the earlier program was suspended over hidden debt.
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Lilly agrees to buy Merida Biosciences for up to $2.875 billion
The acquisition would add an antibody-degradation platform and an early clinical program for Graves’ disease to Lilly’s expanding immunology portfolio.
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SLB bets $4.1 billion on Kelvion as AI data centers drive demand for cooling
The energy-technology group plans to combine Kelvion’s thermal-management equipment with its modular data-center infrastructure business.
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HDFC Bank begins accelerated CEO search after Jagdishan declines another term
Sashidhar Jagdishan will leave the Indian lender at the end of his current term on October 26 after nearly three decades with the bank.
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Japan says it spent a record 15.4 trillion yen defending the currency
Tokyo’s finance ministry said it intervened heavily between late July and late August to slow the yen’s decline, in what AFP described as the largest monthly intervention on record.
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Warsh Uses Jackson Hole Speech to Keep Rate Hikes in Play as Inflation Stays Above Target
Federal Reserve Chair Kevin Warsh said inflation had not improved enough to reassure the central bank, while market reaction suggested investors took the Jackson Hole remarks as a sign that tighter policy could still be coming.
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SK Gas pays record $5.3 million for priority Panama Canal passage
The South Korean company secured a 1 September transit for the LPG carrier G. Spirit before the canal reduces daily crossings in response to El Niño-related drought.
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General Mills Removes Artificial Colors From All US Cereals
The maker of Lucky Charms and Trix says its domestic cereal lineup now relies on colors derived from fruits, vegetables and spices, while other products are due to change by the end of 2027.
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Hyundai and workers reach tentative agreement after month of strikes
Reports dated 25 August 2026 documented hyundai and workers reach tentative agreement after month of strikes, marking a significant business development.
Read report »Latvia bans imports from Russia and Belarus from September
Reports dated 25 August 2026 documented latvia bans imports from Russia and Belarus from September, marking a significant business development.
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France and Saudi Arabia Sign €6 Billion Deal for Three Theme Parks Near Paris
France and Saudi Arabia signed a memorandum for a €6 billion Saudi investment in three theme parks near Paris, including one expected to carry a manga theme.
Read report »Iranian rial reaches 2.02 million rials ahead of the U.S. dollar, a record-low, ahead of U.S. sanctions
A dated account of the business development, based strictly on reporting from Time.
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U.S. sanctions drive seeks to isolate Iran’s financial links worldwide
Treasury Secretary Scott Bessent outlined a new sanctions package aimed at trade, banking and shipping ties with Iran, while Tehran and Beijing signaled resistance.
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U.S. tariffs on Canadian goods take effect as Carney promises retaliation
The United States imposed new 50% tariffs on about $20 billion of Canadian goods after trade talks failed, and Prime Minister Mark Carney vowed dollar-for-dollar retaliation.
Read report »Panama Canal to Tighten Ship Limits as El Niño Deepens Drought Strain
The Panama Canal Authority’s planned transit caps highlighted renewed pressure on one of global shipping’s most important shortcuts after rainfall fell sharply below normal.
Read report »France loads first wheat shipment to Sudan in 18 years, LSEG data shows
A vessel in France is loading about 67,000 tonnes of wheat bound for Sudan, marking the first such export from France since 2008, according to LSEG data.
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UK inflation rises to 2.9% as Iran war drives up energy bills
Reporting dated 2026-08-19 documents the event and its immediate consequences, with unresolved points retained as attributed or provisional.
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