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TikTok is restoring service, thanks Trump
TikTok began restoring its services on Sunday after Donald Trump announced he would reinstate access to the app in the United States once he returns to power on Monday.
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Jeff Bezos to offload 25 million shares worth $4.8 billion in Amazon
Jeff Bezos is set to sell 25 million shares of Amazon, valued at approximately $4.8 billion, according to a recent exchange filing.
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Stocks see second-worst day of the year
Stocks suffered one of their worst days of the year amid renewed concerns about inflation, declining consumer confidence, and increasing skepticism regarding returns from artificial intelligence investments.
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China announces 84% tariffs on US goods
China introduced retaliatory tariffs of 84% on US imports, matching the additional tariffs announced by US President Donald Trump earlier in the day, escalating the trade conflict between the two largest economies.
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Markets This Week: August 24-30, 2026
A crucial week for global markets as Nvidia earnings, Core PCE inflation, Jackson Hole and elevated US bond yields shape expectations for equities, monetary policy and the broader economic outlook.
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BlackRock Exits Net Zero Initiative
BlackRock, the world’s largest asset manager with $11.5 trillion under management, has announced its departure from the Net Zero Asset Managers Initiative (NZAMI).
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Wall Street up on Trump trade comments
U.S. markets ended higher as investors evaluated Trump’s trade comments and positive bank earnings eased credit concerns.
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Australia's Macquarie bids $7.5 billion for logistics group Qube
Macquarie Asset Management has made a multi-billion offer to acquire Australia’s logistics giant Qube, pushing its shares to an all-time high.
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a Chinese company beat McDonald’s
Mixue Ice Cream and Tea is now the world’s largest fast food chain, closing last year with 45,000 stores across China and 11 other countries, more than doubling its locations in just three years. A key driver of its success is affordability, with ice cream and sugary drinks priced at under $1 (Rs 87.21)
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Visa, Mastercard to pay $167.5 million in ATM user fee settlement
Visa and Mastercard agreed to a $167.5M settlement tied to claims that ATM access fees were kept artificially high for years.
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Trump sues JPMorgan, CEO Jamie Dimon
Donald Trump has filed a multi-billion-dollar lawsuit against JPMorgan and its CEO, reigniting the political debate around alleged “debanking” practices in the U.S. financial system.
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Gold prices extend decline as dollar strengthens
Gold continued to slide on Wednesday after posting its steepest daily drop since 2020, pressured by a stronger U.S. dollar and profit-taking by investors.
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Amazon Now Has 1 Million Robots in Its Warehouses
Amazon now operates 1 million robots across its global warehouses, edging closer to replacing human roles with AI and automation.
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nvidia overtaces microsoft as the worlds most valuable company
Nvidia has overtaken Microsoft to become the most valuable company in the world by market capitalization, reaching $3.45 trillion.
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OpenAI reports user chats to police.
OpenAI admits to scanning user chats for harmful content, escalating risks to human reviewers and sometimes law enforcement, raising concerns about privacy and consistency in its policies.
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Trump Pushes for a One-Year 10% Cap on Credit Card Interest Rates
The U.S. president has renewed calls to temporarily cap credit card interest rates, sparking political debate and concern from banks and industry groups.
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Apple Names John Ternus as Next CEO as Tim Cook Steps Down
Apple has announced a major leadership transition, with Tim Cook stepping down as CEO later this year. John Ternus, a longtime Apple executive, will take over the role.
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British banks to join European rivals in hiking profit targets
Major UK banks are preparing to raise their profitability targets, following a similar move by several European lenders, as strong earnings and favorable market conditions continue to support the sector.
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OpenAI Surpasses 400 Million Weekly Active Users
OpenAI, the company behind ChatGPT, has reached a new milestone, surpassing 400 million weekly active users in February. A company spokesperson confirmed the figures to Reuters on Thursday, highlighting the exponential growth in global adoption of artificial intelligence tools.
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The Trump family’s next venture, a mobile phone company
The Trump family has unveiled a new product to rally supporters: mobile phones.
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