TL;DR: Kevin Warsh’s first Jackson Hole speech as Fed Chair pushed September hike odds to 57% and reinforced institutional discipline against Treasury accommodation — giving the Dollar two distinct reasons to rally, though the reaction stayed concentrated at the front end rather than confirming a structural reversal. Jackson Hole Delivers a Very Different Fed Message…
Reigning Formula 1 world champion Lando Norris has extended his contract with McLaren until at least 2030. The 26-year-old Brit’s previous extension, which was announced ahead of the start of the 2024 season, was understood to tie him to the team until at least the end of 2027. He will now stay at McLaren for…
The benchmark S&P 500 (^GSPC -0.25%) is hovering near a record high, but the risk of a sell-off might be rising due to the ongoing geopolitical tensions in the Middle East, the stubbornly high inflation rate, and the growing chance of an interest rate hike before the end of 2026. The S&P 500 currently has…
As devastating floods tore through parts of Nepal, a cash safe carried away by the raging waters became the centre of an unlikely crime story. Police have detained 29 people accused of breaking open the safe and making off with the money inside. The safe was reportedly carried away by floods in the Bhotekoshi area…
London, United Kingdom–(Newsfile Corp. – August 27, 2026) – Gorilla Technology Group Inc. GRRR (“Gorilla” or the “Company”), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, IoT technology and data centres, Gorilla Technology Group Inc. (“Gorilla” or the “Company”) is pleased to announce that Fitch Ratings has assigned the Company a first-time…
NUWAKOT, Nepal (AP) — Most arrive with nothing except the clothes they are wearing. As rescue efforts in communities buried by catastrophic flash floods along the border between Nepal and China entered their fourth day Saturday, authorities continued finding survivors and transporting them to safety. At relief centers, as some arrive, families wait anxiously for…
Earlier this week, Deutsche Telekom was upgraded by Zacks to a Rank #2 (Buy), reflecting improved earnings expectations and an “A” value rating based on its valuation metrics versus industry peers. This combination of an earnings-focused rating upgrade and relatively attractive P/E, PEG, P/B, P/S, and P/CF ratios highlights how investor sentiment can shift when…
Tottenham host Newcastle at the Tottenham Hotspur Stadium in a Saturday Night Football Premier League clash on August 29, live on Sky Sports. Tottenham made an awful start to the new season with a 3-0 opening-day loss at Brentford, and sit second bottom in the early Premier League table. Roberto De Zerbi’s side did though…
China’s domestic technology initial public offering market is witnessing a strong recovery as Beijing steps up efforts to support listings by semiconductor and artificial intelligence (AI) companies. The renewed momentum comes as the country pursues technological self-reliance amid its ongoing rivalry with the United States. Technology companies have raised a combined $3.1 billion through stock…
Shein is preparing to make its Hong Kong stock-market debut on August 28, turning one of the world’s most closely watched listing sagas into an important test of how far the city’s IPO revival can stretch beyond Chinese technology and industrial companies. The fast-fashion retailer could begin taking orders as early as August 19 and…