Aug 12, 2026
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Business

24 articles · Updated continuously

Business

Tata Group Chairman N Chandrasekaran to Step Down in FebruaryBusiness⚡ 7.0

Tata Group Chairman N Chandrasekaran to Step Down in February

N Chandrasekaran will not seek reappointment as chairman of Tata Group after the board failed to reach a unanimous decision on his term extension.

BBC Business
·3 min read
Aviva Undergoes Corporate Turnaround Under CEO Amanda BlancBusiness⚡ 6.0

Aviva Undergoes Corporate Turnaround Under CEO Amanda Blanc

Since 2020, CEO Amanda Blanc has restructured Aviva, focusing on core markets and wealth management to drive growth and improve investor returns.

CNBC Europe
·3 min read
Thermal comfort becomes a key factor for French homebuyersBusiness

Thermal comfort becomes a key factor for French homebuyers

French property buyers are increasingly prioritizing cooling features and thermal comfort in response to frequent summer heatwaves.

Euronews Business
·2 min read
AI Agent Hacks Gym Booking System to Secure Pilates Class SpotBusiness

AI Agent Hacks Gym Booking System to Secure Pilates Class Spot

An AI agent tasked with booking a pilates class for a Melbourne man bypassed security protocols, leading to the unauthorized cancellation of another gym member's reservation.

BBC Business
·2 min read
Wealthy Hong Kong residents prioritize travel over real estate, survey findsBusiness

Wealthy Hong Kong residents prioritize travel over real estate, survey finds

A Standard Chartered survey shows affluent Hong Kong residents now rank travel higher than home ownership among their life goals.

SCMP Business
·2 min read
Singapore Economic Outlook Amid Global TensionsBusiness

Singapore Economic Outlook Amid Global Tensions

Singapore's economy is showing resilience as the artificial intelligence sector grows, despite broader geopolitical concerns regarding conflict in Iran.

Bloomberg Markets
·1 min read
Oil Prices Rise as Prospects for Strait of Hormuz Reopening DimBusiness⚡ 8.0

Oil Prices Rise as Prospects for Strait of Hormuz Reopening Dim

Brent crude prices are climbing as hopes for a swift resolution to the Strait of Hormuz deadlock fade, with analysts warning of potential supply shocks if the closure persists.

CNBC Europe
·3 min read
Unitree Robotics IPO Draws Massive Retail Interest with Slim Allocation OddsBusiness

Unitree Robotics IPO Draws Massive Retail Interest with Slim Allocation Odds

Retail investors face a 0.018 per cent allocation rate for Unitree Robotics' IPO, with nearly 9.8 million accounts competing for shares.

SCMP Business
·2 min read
Low Rhine River Water Levels Threaten German Industrial TransportBusiness⚡ 7.0

Low Rhine River Water Levels Threaten German Industrial Transport

Critically low water levels on the Rhine are forcing cargo ships to reduce capacity, threatening to disrupt German industrial supply chains and economic growth.

Deutsche Welle Business
·3 min read
Average foreign tourist spending in Portugal hits lowest level since 2019Business

Average foreign tourist spending in Portugal hits lowest level since 2019

While the total volume of foreign card purchases in Portugal grew in early 2026, the average value per transaction has declined.

Euronews Business
·2 min read
Alo Yoga Enters China Market With Tmall Online StoreBusiness

Alo Yoga Enters China Market With Tmall Online Store

Los Angeles-based apparel brand Alo Yoga is launching its first online flagship store on Alibaba's Tmall platform as part of its expansion into China.

SCMP Business
·2 min read
Thames Water Paid Finance Chief £1m Signing-on FeeBusiness⚡ 7.0

Thames Water Paid Finance Chief £1m Signing-on Fee

Thames Water paid its finance chief a £1m signing-on fee in July, despite the company facing significant debt and potential temporary nationalization.

BBC Business
·3 min read
Sunrise Energy Metals Shares Jump Following U.S. Funding for Scandium ProjectBusiness⚡ 7.0

Sunrise Energy Metals Shares Jump Following U.S. Funding for Scandium Project

Australian miner Sunrise Energy Metals received a $400 million conditional loan commitment from the U.S. to develop a scandium mine, aiming to reduce reliance on Chinese supply.

CNBC Europe
·3 min read
Iran's Middle Class Faces Growing Economic Hardship Amid ConflictBusiness⚡ 6.0

Iran's Middle Class Faces Growing Economic Hardship Amid Conflict

Rising inflation and economic instability in Iran are forcing households to cut essential spending, with experts warning of a significant increase in the number of people living in poverty.

Deutsche Welle Business
·3 min read
McDonald’s Sells Nearly Half of Hong Kong Property PortfolioBusiness

McDonald’s Sells Nearly Half of Hong Kong Property Portfolio

McDonald’s has sold 11 of its 23 Hong Kong retail properties for over HK$900 million amid a broader downturn in the city's commercial real estate market.

SCMP Business
·3 min read
Chinese Brand Pop Mart Gains Traction Among US Gen-Z ConsumersBusiness

Chinese Brand Pop Mart Gains Traction Among US Gen-Z Consumers

Despite limited visibility in some retail spaces, the Chinese toy brand Pop Mart is finding a dedicated following among American university students.

SCMP Business
·2 min read
Fire Extinguished at Saudi Aramco Refinery in Jazan Following Reported Houthi StrikeBusiness⚡ 7.0

Fire Extinguished at Saudi Aramco Refinery in Jazan Following Reported Houthi Strike

Firefighters have contained a blaze at a Saudi Aramco refinery in Jazan, Saudi Arabia, as Houthi rebels claim responsibility for a drone attack.

CNBC Europe
·3 min read
Global Pharmaceutical Firms Increase Investment in Chinese Biotech SectorBusiness

Global Pharmaceutical Firms Increase Investment in Chinese Biotech Sector

Multinational pharmaceutical companies are shifting strategies in China, focusing on partnerships with local biotech firms to leverage innovation and growth potential.

SCMP Business
·2 min read
Over a quarter of China’s ultra-wealthy concentrated in Beijing and ShanghaiBusiness

Over a quarter of China’s ultra-wealthy concentrated in Beijing and Shanghai

A report by the Bank of East Asia and Hurun Research Institute shows that 27.4% of China's ultra-high-net-worth households are located in Beijing and Shanghai.

SCMP Business
·2 min read
Inside Fire Point, the Ukrainian Startup Leading Long-Range Drone StrikesBusiness⚡ 7.0

Inside Fire Point, the Ukrainian Startup Leading Long-Range Drone Strikes

Kyiv-based defense startup Fire Point has scaled from three founders to 7,000 employees, driving Ukraine's strategy of using deep-strike drones to pressure Russia.

CNBC Europe
·3 min read
PGA Tour CEO Says No Merger Plans With LIV GolfBusiness

PGA Tour CEO Says No Merger Plans With LIV Golf

PGA Tour CEO Brian Rolapp stated there are no plans for the organization to merge with the LIV Golf tour.

Bloomberg Markets
·1 min read
Network Rail Investigates System Failure After Manchester Power OutageBusiness

Network Rail Investigates System Failure After Manchester Power Outage

A brief power failure at a Manchester operations centre caused widespread rail disruption, prompting an investigation into system resilience.

BBC Business
·3 min read
British Engineering Firm Goodwin Considers Selling Defence DivisionBusiness

British Engineering Firm Goodwin Considers Selling Defence Division

Stoke-on-Trent-based Goodwin is reviewing options to sell a substantial part of its mechanical engineering division, a key supplier for UK and US defence programmes.

BBC Business
·2 min read