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News
Iran and Oman Finalize Agreements on Hormuz Revenue Sharing
3+ hour, 20+ 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…...
How Passive Investing Is Changing Price Discovery | GBAF
5+ hour, 55+ 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
3+ hour, 53+ 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
5+ hour, 10+ 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
21+ 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
41+ 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
41+ 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)…...
No Tesla Recall in Europe as Dutch Regulator Monitors Door Safety
6+ hour, 10+ min ago (284+ words) Wednesday, 26 August 2026 Dutch regulator RDW says there is currently no recall of Tesla vehicles in Europe over emergency-door concerns, while China has launched its largest-ever recall—around 2.98 million Teslas—due to door-handle safety risks. AMSTERDAM, Aug 26 (Reuters) - The Dutch vehicle…...
Nine Dead in Ukrainian Strike on Bus in Russian-Controlled Luhansk
5+ hour, 10+ min ago (116+ words) Wednesday, 26 August 2026 Russia’s-installed governor in Luhansk, Leonid Pasechnik, says a Ukrainian strike on a bus traveling from Lysychansk to Kadiivka in the Russian-controlled part of Luhansk region killed nine people. Reuters has not independently verified the claim. MOSCOW, Aug 26 (Reuters)…...
Germany's Merz Targets 1% Economic Growth with Reform & Spending
1+ hour, 14+ min ago (317+ words) Wednesday, 26 August 2026 German Chancellor Friedrich Merz has pledged to boost the country’s economy with a new growth target of at least 1% for 2027, citing improving business sentiment and coordination with Finance Minister Klingbeil, while addressing EU‑China trade imbalances. BERLIN, Aug…...