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Paramount Skydance extends exchange and tender offer deadlines to Sept 4

Paramount Skydance extends exchange and tender offer deadlines to Sept 4

Paramount Skydance extended its cash tender and note-exchange offer deadlines to September 4, 2026, aligning with its Warner Bros. Discovery merger timeline.

Business ·24 Aug 2026, 18:33 ·Maeve Turner 4 min read
Scott Bessent's Treasury bond intervention fails as yields stay high

Scott Bessent's Treasury bond intervention fails as yields stay high

Despite doubling its monthly bond buybacks to $4 billion, the U.S. Treasury failed to curb long-term yields as 30-year rates returned to 5.28%.

Business ·24 Aug 2026, 17:33 ·Maeve Turner 5 min read
TCS to acquire Porsche IT unit MHP for €320 million in five-year AI deal

TCS to acquire Porsche IT unit MHP for €320 million in five-year AI deal

Tata Consultancy Services has agreed to acquire Porsche's IT consulting subsidiary MHP for €320 million in a deal backed by a five-year partnership.

Business ·24 Aug 2026, 15:40 ·Maeve Turner 3 min read
Bitcoin developers propose BIP-361 to freeze quantum-vulnerable addresses

Bitcoin developers propose BIP-361 to freeze quantum-vulnerable addresses

Bitcoin developers have introduced BIP-361 to freeze quantum-vulnerable addresses as the industry prepares for advanced quantum computing threats.

Business ·24 Aug 2026, 15:37 ·Maeve Turner 3 min read
UPS commits over $2bn to faster, more resilient global logistics network

UPS commits over $2bn to faster, more resilient global logistics network

UPS has committed a multi-year investment exceeding $2 billion to upgrade its international, healthcare, and supply chain solutions networks through 2028.

Business ·24 Aug 2026, 14:40 ·Maeve Turner 3 min read
Michael Burry shorts Nvidia as artificial intelligence bubble concerns grow

Michael Burry shorts Nvidia as artificial intelligence bubble concerns grow

Famous investor Michael Burry has opened a short position against chipmaker Nvidia, spotlighting growing concerns over artificial intelligence infrastructure costs and market valuations.

Business ·24 Aug 2026, 13:41 ·Maeve Turner 4 min read
EU stocks tread carefully ahead of US sanctions on Iran

EU stocks tread carefully ahead of US sanctions on Iran

European equities opened on a cautious footing as traders positioned themselves for upcoming US Treasury sanctions on Iran and monitored surging gold prices.

Business ·24 Aug 2026, 13:37 ·Maeve Turner 4 min read
Foundayo weight‑loss diabetes pill hits UK pharmacies, warns of fakes

Foundayo weight‑loss diabetes pill hits UK pharmacies, warns of fakes

Foundayo weight‑loss diabetes pill hits UK pharmacies, warns of fakes

Business ·24 Aug 2026, 08:37 ·Maeve Turner 5 min read
Tempsens Instruments IPO books 21.66x, GMP hits 104% of top band

Tempsens Instruments IPO books 21.66x, GMP hits 104% of top band

Tempsens Instruments IPO books 21.66x, GMP hits 104% of top band

Business ·24 Aug 2026, 06:36 ·Maeve Turner 4 min read
Kospi falls 1.4 per cent as Asian stocks dip on AI and Fed meeting focus

Kospi falls 1.4 per cent as Asian stocks dip on AI and Fed meeting focus

Asian markets retreated as investors weighed AI valuation concerns and awaited Federal Reserve guidance, with South Korea's Kospi index dropping 1.4 per cent.

Business ·24 Aug 2026, 05:38 ·Maeve Turner 3 min read
Oil Prices Slide 2% as Markets Brace for Bessent's Economic D-Day

Oil Prices Slide 2% as Markets Brace for Bessent's Economic D-Day

Global crude benchmarks pulled back significantly as traders locked in profits ahead of U.S. Treasury Secretary Scott Bessent's impending policy announcements.

Business ·24 Aug 2026, 05:34 ·Maeve Turner 3 min read
Payload Funding Push Highlights Demand for Embedded Payments

Payload Funding Push Highlights Demand for Embedded Payments

Cincinnati-based startup Payload secured its first significant outside capital in an investment led by Fifth Third, highlighting demand for embedded payments.

Business ·24 Aug 2026, 04:40 ·Maeve Turner 3 min read
Software engineer claims AI is eroding meaning in coding

Software engineer claims AI is eroding meaning in coding

Software engineer Sambhav Gandhi warned that reliance on AI agents is turning code into an unreadable black box, sparking industry debate.

Business ·24 Aug 2026, 04:33 ·Maeve Turner 3 min read
KPMG Australia cuts nearly 400 jobs following audit leaks scandal

KPMG Australia cuts nearly 400 jobs following audit leaks scandal

KPMG Australia is slashing 360 staff members and 27 partners while cutting partner pay following an audit leaks scandal that has drained revenue.

Business ·24 Aug 2026, 03:32 ·Maeve Turner 3 min read
Ox Alpha Revealed: Who Is Behind the Mysterious Stealth AI Model Sparking Frenzy Online

Ox Alpha Revealed: Who Is Behind the Mysterious Stealth AI Model Sparking Frenzy Online

The mysterious stealth AI model Ox Alpha has taken developer forums by storm, surging to the top of LMArena without any official corporate branding or press release.

Business ·24 Aug 2026, 02:44 ·Maeve Turner 3 min read
Fromm and Oma's Pride Recall Dog Food Over Metal and Salmonella Risks

Fromm and Oma's Pride Recall Dog Food Over Metal and Salmonella Risks

Pet owners in the US and Canada are urged to check pantries for recalled dog food from Fromm and Oma's Pride due to metal and Salmonella hazards.

Business ·24 Aug 2026, 01:32 ·Maeve Turner 3 min read
Dangote Refinery expands free fuel delivery to four more states

Dangote Refinery expands free fuel delivery to four more states

The Dangote Petroleum Refinery has extended its free petroleum product delivery initiative to four additional states to lower distribution expenses and promote competitive pricing.

Business ·23 Aug 2026, 23:37 ·Maeve Turner 3 min read
Ex-Abercrombie CEO Michael Jeffries ruled mentally fit for sex-trafficking trial

Ex-Abercrombie CEO Michael Jeffries ruled mentally fit for sex-trafficking trial

Former Abercrombie & Fitch CEO Michael Jeffries has been declared mentally competent to stand trial on federal sex-trafficking charges.

Business ·23 Aug 2026, 20:43 ·Maeve Turner 3 min read
Canada and US trade war shatters alliance after tariff talks collapse

Canada and US trade war shatters alliance after tariff talks collapse

The historic alliance between Canada and the United States has fractured into a trade war following the collapse of negotiations, with tariffs taking effect.

Business ·23 Aug 2026, 15:41 ·Maeve Turner 4 min read
American Airlines Flight 2398 Lands Safely After Laptop Fire Injures Five

American Airlines Flight 2398 Lands Safely After Laptop Fire Injures Five

American Airlines Flight 2398 landed safely after a passenger's laptop battery caught fire, leading to minor burn injuries for five passengers.

Business ·23 Aug 2026, 14:32 ·Maeve Turner 3 min read