Savers Value Village introduces ThriftIQ, an AI-driven platform to optimize pricing in its thrift stores, aiming for consistency and profitability while keeping prices 40-70% below traditional retail.
The South Korean won reached a 10-month high of 1,414.5 won per USD on August 6, driven by falling global oil prices and anticipated US-Japan market interventions to support the Japanese yen.
AstraZeneca has denied ongoing takeover talks with US rival Bristol Myers Squibb, a move that follows a significant share price drop and subsequent recovery. The situation highlights questions about AstraZeneca's long-term M&A strategy under CEO Sir Pascal Soriot.
Chinese AI start-up DeepSeek announced a significant price hike for its API services amid surging global demand for its ultra-cheap models, sparking debates over its cost-effective reputation.
Hollywood's theatrical industry rebounds in 2026 with four films surpassing the billion-dollar mark, driven by higher ticket prices, diverse studio hits, and strong Gen Z attendance.
Gurugram-based Shiprocket has set an IPO price band of Rs 92-97 per share, opening on August 12. The post-money valuation of Rs 7,056 crore marks a 30% drop from its December 2024 valuation.
Disney CEO Josh D'Amaro confirmed the company is exploring a free streaming product to attract price-sensitive customers, increase ad revenue, and drive top-of-funnel Disney+ subscriber growth amid rising subscription fatigue.
Hong Kong's securities regulator warned against highly concentrated shareholdings in small- and mid-cap stocks, cautioning that limited ownership can drive sharp price swings.
BlackRock announced a one-for-three reverse split for its iShares Ethereum Trust ETF (ETHA) to lift its nominal share price and potentially reduce trading spreads, as Ethereum's price declines weigh on the fund.
Consumer goods companies' planned price hikes could pressure inflation despite the RBI's benign outlook, with Elara Capital expecting the central bank to maintain interest rates through 2026.
US beef prices are 12% higher than a year ago, but ranchers, feedlot owners, and meatpackers report no increased profits due to surging input costs, high purchasing expenses, and market bottlenecks caused by a dwindling national cattle herd.
Gold futures contracts for August 2026 delivery on the Comex exchange rose above $4,350 per troy ounce, increasing by over 4% in early trading data.
Jetstar announced a new carry-on baggage charge allowing only one under-seat bag in basic tickets from next year, drawing criticism from consumer experts over hidden fees and difficult price comparisons.
Portugal's average home price hit €430,500 in May 2026, driven by a housing shortage, high construction costs, labor deficits, and government support schemes that critics argue have inflated market imbalances.
Galaxy Digital reported an $85 million net loss for Q2 2026 due to falling cryptocurrency valuations, with revenue dropping 15% to $8.7 billion. Shares fell 6.2% in premarket trading.
Bitcoin experiences its longest capitulation phase since late 2022, with 45 metrics tracked by Glassnode signaling market cooling, though aggregate readings have yet to reach previous bear-market bottom depths.
A strong El Niño event, potentially the strongest in 70 years, is forecasted to push approximately 50 million more people into acute hunger by the end of 2027, exacerbating existing food insecurity affecting hundreds of millions globally.
Crude prices fell 0.74%-1% on reports of US, Iran, and Oman negotiating an interim deal to manage ship traffic in the Strait of Hormuz, a vital oil transit route.
US copper imports reached a 12-year high of over 200,000 tonnes last month, pushing combined Comex and LME inventories above 740,000 tonnes as analysts cite Trump's tariff threat pulling metal from China and global warehouses.
The US stock market reached record highs on Tuesday, driven by strong corporate earnings reports from companies like Palantir and Caterpillar, alongside a significant drop in international oil prices.
Gold and silver prices surged on August 5, 2026, with major jewellery brands like Tanishq and Malabar increasing 22-karat rates. IBJA reported considerable gains driven by market shifts and geopolitical developments.
Goldman Sachs raised year-end ARR projections for Zhipu AI and MiniMax to US$2.5 billion and US$1 billion respectively, citing intense competition and new model releases in China's AI market.
An estimated 72,000 migrants crossed into the Spanish enclave of Ceuta from Morocco last week before most returned home, with at least 88 deaths reported and right-wing figures seizing on the images to push hardline anti-immigration policies.
Donald Trump warned Iran that it would be hit hard if the Strait of Hormuz does not open soon, as oil prices fell to a three-week low following reports of progress in diplomatic talks involving the US, Iran, Oman, and Qatar.
