Target removed a children's Halloween clown costume that critics said resembled blackface and minstrel caricatures, following backlash on social media.

Asian shares were mixed as U.S. sanctions on Iran caused oil prices to fall, while European indices rose modestly.

Asian equity markets slipped after heavy selling in semiconductor giants SK Hynix and Samsung Electronics dragged regional indices lower amid AI valuation concerns.

Treasury Secretary Scott Bessent announced an expansion of secondary sanctions to isolate Iran financially, targeting nearly 60 entities and vessels.

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

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%.

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.

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

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

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

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

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

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

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.

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

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

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

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

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.

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.