The Global Economic News

Jio Platforms, India's biggest telecom operator and digital service provider, has secured regulatory approval to launch its public issue, paving the way for what could be the country's largest initial public offering. Jio Platforms is estimated to raise around 377 billion rupees ($3.9 billion) through the IPO, as per market intelligence firm Prime Database, exceeding the $3.3 billion issue of Korean carmaker Hyundai Motors in 2024. Indian billionaire Mukesh Ambani's flagship company, Reliance Industries , owns more than 66% stake in Jio Platforms, followed by Meta Platforms ' affiliate Jaadhu Holdings that owns nearly 10% and Google International, which owns 7.7%, as per LSEG data. Neither Meta nor Google will sell their stake in the company, according to the IPO papers. The IPO will see the company issue up to 270 million shares, and the funds raised will be used to pare the debt of its subsidiary, Reliance Jio Infocomm, which is India's largest wireless opera...

Image source, Getty Images Image caption, One US study suggests around 15% of siblings have had conflicts over money By Daniel Thomas BBC News Published 2 hours ago Do your parents have a favourite child and give them more money, gifts or help? Financial favouritism can cause jealousy and resentment long into adulthood and, in some cases, even spark legal disputes after a parent dies. But experts say there are strategies that can help you avoid it. John says his parents, who have always supported his younger brother, recently refused to lend him 10,000 towards a house deposit after he broke up with his partner. Image source, Getty Images Image caption, Disagreements can date back to childhood This was despite the money being "well within their financial grasp", he says. His parents had previously given his brother a deposit to buy a home and subsidised his living expenses. John, 47, whose real name we have changed, says he was viewed as the more academic one growing up and e...

Sandisk Reported Layoffs at Its Israel Locations. This Is an Efficiency Push, Not a Warning Sign for SNDK Stock. Ebube Jones Sat, August 29, 2026 at 6:45 AM PDT 6 min read SNDK ^GSPC SanDisk Corporation (SNDK) is having an exceptional year. The flash-memory maker is the best-performing stock in the S&P 500 Index ($SPX), with shares up 2,809% over the past year. Strong AI-related demand has pushed NAND flash prices higher and lifted SanDisk's results. In fiscal Q4, revenue reached $8.96 billion, up 372% from a year earlier, while EPS of $38.82 beat Wall Street's $33.28 estimate. Data center revenue more than doubled from the prior quarter to $2.98 billion, and SanDisk expects up to $10.8 billion in revenue this quarter. More News from Barchart Sandisk Stock Could Nearly Double to $3,000, According to Wall Street Warren Buffett's Granddaughter Says He Disowned Her and Twin Sister in a Letter 'I Have Not Emotionally or Legally Adopted You as a Grandchild ' How to ...

With the Nasdaq trading sideways since early June and the S&P 500 just 1% above its June 2 high, the stock market winds down a highly unusual earnings season and heads into September. As of Friday, FactSet reported that 488 of the 503 S&P 500 stocks had served up their most recent quarterly earnings. Some 85% of the companies reporting… Copyright 2026 Investor's Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8 🔥 EXCLUSIVE PARTNER OFFER Webcam 4K Streaming Web Camera 1080P 60FPS USB Camera EMEET S600 Autofocus Living Stream Camera With Mics for Tiktok/YouTube Special Price 🌟 Hot deal! This trending product is flying off the shelves. Get yours before it's too late! 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.investors.com/research/investing-actio...

Article about global economy: G20 countries should consider more trade barriers with China to cut imbalances, Bessent says 🔥 EXCLUSIVE PARTNER OFFER Ordinateur portable N5095 15,6 pouces, 8 Go + 256 Go, Windows 11 Intel Celeron N5095 Quad Core, prise en charge du déverrouillage par empreinte digitale, prise britannique (argent) 237 💎 Exclusive offer! The product everyone is talking about is now at a special price. 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.investing.com/news/economy-news/g20-countries-should-consider-more-trade-barriers-with-china-to-cut-imbalances-bessent-says-4882079 © EcoNews DZ — Global Economic & Financial News

Article about global economy: Oil jumps more than 2% after US attack on Iran’s Larak island 🔥 EXCLUSIVE PARTNER OFFER Car Cover Outdoor Protection Full Exterior Snow Cover Sunshade Dustproof Protection Cover Universal for Hatchback Sedan SUV Special Price 💥 Massive discount! Save big on this must-have item. Free shipping available! 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.investing.com/news/commodities-news/oil-jumps-more-than-2-after-us-attack-on-irans-larak-island-4882075 © EcoNews DZ — Global Economic & Financial News

Analysts say large paper windfalls on investments in OpenAI, Anthropic and SpaceX have muddied the tech sector’s earnings metrics 🔥 EXCLUSIVE PARTNER OFFER Baseus Eli 2i Fit Open-Ear Earphones True Wireless Bluetooth 6.0 Ear Hooks Headphones IPX5 Waterproof Sports Earbuds Bass Boost Special Price 🌟 Hot deal! This trending product is flying off the shelves. Get yours before it's too late! 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.ft.com/content/a5a0081f-e998-4c80-b967-cc535cbc4933?syn-25a6b1a6=1 © EcoNews DZ — Global Economic & Financial News

Frontline (FRO) Just Delivered Its Best Quarter Yet, But Can It Last? Maham Fatima Sun, August 30, 2026 at 11:41 AM PDT 4 min read FRO On August 28, Frontline (NYSE: FRO ) posted the best quarter in company history, with net income of $659 million and adjusted profit of $580 million for the second quarter of 2026, up $235 million from the prior quarter. The gains came from tanker rates that climbed across every vessel class Frontline operates, from its largest crude carriers to its smaller product tankers. CEO Lars Barstad described a market with no playbook, one where geopolitical disruption is reshaping how oil moves around the world. The bigger question left hanging on the call is how much of that strength holds once the disruptions ease. Frontline (FRO) Just Delivered Its Best Quarter Yet, But Can It Last? Rates Climb, Cash Piles Up VLCC rates hit $153,000 per day in the second quarter of 2026, while Suezmax and LR2/Aframax vessels earned $111,000 and $92,400 per day. That strengt...

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As a central figure who helped negotiate the blockbuster $246 billion tobacco master settlement in 1998, Mike Moore sees the writing on the wall for Meta and its social media rivals like TikTok and Google's YouTube. Moore was the Mississippi attorney general leading the charge against Big Tobacco. He's long since retired from public office, but is using his experience to help inform state AGs in the crafting of a potential sweeping settlement with the social media industry, which has been similarly accused of knowingly fostering addiction and harming America's youth. Meta this week agreed to pay almost $17 billion in a landmark settlement with a coalition of state AGs that had sued the company for misrepresenting the extent of child mental health damage caused by Facebook and Instagram . It's by far the biggest deal yet in the massive litigation wave facing social media companies, but experts say the matter is far from over as a bundle of cases remain open. As co-le...

Dow Jones futures will open Sunday evening, along with S&P 500 futures and Nasdaq futures. The stock market's major indexes rose modestly for the week, despite Friday's losses as Treasury yields jumped on Fed chief Kevin Warsh's Jackson Hole speech. But the small-cap Russell 2000 fell below key support while many sectors retreated for the week, often with downside reversals.… Copyright 2026 Investor's Business Daily, LLC. All rights reserved. 87990cbe856818d5eddac44c7b1cdeb8 🔥 EXCLUSIVE PARTNER OFFER UGREEN Vertical Mouse Wireless Bluetooth5.0 2.4G Ergonomic 4000DPI 6 Mute Buttons for MacBook Tablet Laptops Computer PC Mice Special Price 🔥 Limited time offer! Grab your favorite item at an incredible price. Quality guaranteed! 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://...

Article about global economy: FINAL HOURS: THIS IS YOUR LAST CHANCE to secure up to 55% off InvestingPro 🔥 EXCLUSIVE PARTNER OFFER Pressure Washer Water Gun Kit for Car Cleaning Hose Connector For Karcher Nilfisk Parkside Bosch Quick Connector Nozzles Special Price 🎯 Best price guarantee! Order now and enjoy fast shipping with global tracking. 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.investing.com/news/stock-market-news/your-last-chance-only-hours-to-go-to-secure-55-off-investingpro-4882056 © EcoNews DZ — Global Economic & Financial News

People increasingly blame large corporations for the sense that they have ever less control over their own lives 🔥 EXCLUSIVE PARTNER OFFER Japan Genuine NH35 Automatic Mechanical Movement High Accuracy 24 Jewels Mod Watch Replacement NH35A Date at 3:00 Special Price 💎 Exclusive offer! The product everyone is talking about is now at a special price. 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.ft.com/content/63e8a4f3-7c18-4ddc-b3b7-e472159a7adf?syn-25a6b1a6=1 © EcoNews DZ — Global Economic & Financial News

Alejandro Betancourt is US’s minority partner in company that will control more than 65bn barrels of oil reserves 🔥 EXCLUSIVE PARTNER OFFER MOTOCENTRIC Motorcycle Back Seat Bags Waterproof Tail Bag Rear Seat Bag Multifunctional Motorbike Helmet Bag Moto Rider Backpack Special Price 🔥 Limited time offer! Grab your favorite item at an incredible price. Quality guaranteed! 🛒 Buy Now on AliExpress → Affiliate link — Commission earned at no extra cost to you 📰 Original source: https://www.ft.com/content/458940e7-0754-42e3-aa33-f1f9e3e710b7?syn-25a6b1a6=1 © EcoNews DZ — Global Economic & Financial News

Analysts favor humanoid supplier, even as robots remain concepts for now Skip Navigation Markets Business Investing Tech Politics & Policy Video Watchlist Investing Club PRO Livestream Menu As the novelty surrounding humanoid robots gives way to business questions about their commercialization, stock analysts still see potential in one gear box supplier. For the past three years, Tesla has been co-developing a new type of gear box for humanoid robotics with Shenzhen-listed Shuanghuan, Deutsche Bank analysts said in a report this week. The component, called a reducer, translates motor power into mechanical movement. Deutsche Bank analysts expect the jointly developed reducers could be deployed in the waist joints of humanoid robots. Shuanghuan will keep a controlling stake in a planned initial public offering of Fine Motion, its robotics gearbox subsidiary, which accounted for about 5% of the parent company's consolidated revenue and net profit in 2025, the analysts wrote. Much...

A stolen wallet gives thieves access to your identity and finances here's what to do before the damage spreads Paul Kim Sat, August 29, 2026 at 3:45 AM PDT 7 min read Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. In April 2026, wallets, purses, and other belongings started disappearing out of cars parked around fitness centers across Fairfax County in Alexandria, Virginia, according to The Alexandria Brief (1). In late June, the Alexandria Police Department arrested a man who they say was taking these belongings from unlocked cars and using stolen credit cards to purchase gift cards at nearby retailers before the victims realized their things had been stolen. While cash and credit cards are the obvious targets in wallet theft, your personal identification may be even more valuable in the wrong hands. Documents often found in your wallet, like your social security card, driver's license, and health insurance card can give thi...

Bill Gates, Jeff Bezos, Mark Zuckerberg are piling into critical $4.3T US asset and pricing out Americans. Get in now? Jing Pan Sat, August 29, 2026 at 3:15 AM PDT 7 min read Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. When some of the richest people on the planet start accumulating the same tangible asset, it's worth asking what they see in it. Bill Gates, Jeff Bezos and Mark Zuckerberg built their fortunes through technology, but each now controls vast stretches of something far more old-fashioned: land, including farms, ranches and other agricultural property. Must Read Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 6 ways to build wealth like a landlord without actually being one JPMorgan sees gold hitting $5,000/oz by Q4 and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Get your free guide from Priority Gold The tax breaks in Trump's 'big bea...

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