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News
Italy Requests €8 Billion from EU SAFE Defence Fund Programme
4+ hour, 44+ min ago (257+ words) Wednesday, 26 August 2026 Italy formally requested €8 billion from the EU’s €150 billion SAFE defence loan facility, aiming to tap cheaper funding for planned military investments amid domestic political divisions. ROME, Aug 26 (Reuters) - The Italian government has requested €8 billion ($9.3 billion) from the European…...
DAZN to Acquire EverPass Media, Expanding US Sports Content Reach
4+ hour, 43+ min ago (237+ words) Wednesday, 26 August 2026 DAZN has agreed to acquire EverPass Media to launch “DAZN for Business,” combining its global sports content and commercial reach with EverPass’s U.S. streaming and venue technology capabilities. EverPass’s backers—including RedBird, 32 Equity, and TKO—will become…...
Iran and Oman Finalize Agreements on Hormuz Revenue Sharing
5+ hour, 38+ min ago (94+ words) Wednesday, 26 August 2026 Iran’s Revolutionary Guards say Iran and Oman have agreed on dividing control and revenues in the Strait of Hormuz, but U.S. obstruction delayed negotiations. Aug 26 (Reuters) - Iran and Oman have reached agreements on their share of the Strait…...
Dolly Parton's Legacy: Philanthropy, Literacy & Advocacy in Finance
9+ min ago (679+ words) Wednesday, 26 August 2026 Country legend Dolly Parton, who passed away on August 25, 2026 at age 80, leaves a legacy far beyond music—her Imagination Library has gifted over 300 million free books, while her philanthropy embraced literacy, disaster relief, medical funding, and social justice…...
How Passive Investing Is Changing Price Discovery | GBAF
8+ hour, 13+ min ago (596+ words) Wednesday, 26 August 2026 Index funds are not replacing price discovery, but they are changing where it happens, who supplies liquidity and how benchmark-driven flows move through markets. That does not mean every dollar entering an index fund causes new issuance, nor…...
Ukraine Grain Exports Delayed as Up to 70 Ships Queue Off Danube
6+ hour, 10+ min ago (429+ words) Wednesday, 26 August 2026 Approximately 70 ships are queued near the Sulina Canal awaiting access to Ukraine’s Danube ports due to pilot shortages, low water levels, and priority cargo like fuel—causing costly delays and constraining grain exports via inland waterways. KYIV, Aug…...
The Rise of Cloud-Based Trade Copiers: Why Traders Are Moving Beyond Local Execution
7+ hour, 28+ min ago (536+ words) Wednesday, 26 August 2026 Retail trading has matured. Many active traders manage multiple accounts, spread capital across different brokers or participate in funded programmes that require consistent execution. Markets move quickly, and repeating the same trade across multiple accounts can lead to…...
Sodexo to Cut Over 1,000 Jobs in France Amid Growth Overhaul
2+ hour, 39+ min ago (119+ words) Wednesday, 26 August 2026 Sodexo announced on August 26, 2026, it will cut over 1,000 jobs in France—specifically eliminating 963 roles (about 4% of its French workforce) plus another 134 linked to its group head office—part of a broader overhaul to boost competitiveness and accelerate growth....
Schwarz Group to Invest Billions in Northern Germany Data Centre
2+ hour, 59+ min ago (153+ words) Wednesday, 26 August 2026 Schwarz Group, owner of Lidl, will invest several billion euros to build a major data centre in Dummerstorf near Rostock, as part of its Schwarz Digits division push for digital sovereignty amid an upcoming state election in Mecklenburg…...
Cryptocurrency chief facing extradition from UK to US on fraud ch
2+ hour, 59+ min ago (385+ words) Wednesday, 26 August 2026 Manpreet Kohli, former CEO of Saitama, lost his UK extradition fight and faces being sent to the U.S. on wire fraud and market manipulation charges tied to pumped Saitama tokens that peaked around $7.5 billion in value. LONDON, Aug 26 (Reuters)…...