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Zambia’s main opposition leader was charged with treason and flown under armed guard to a maximum-security prison in a case that threatens to taint Lusaka’s image as a relatively stable southern African democracy. Brian Mundubile, who finished second in the Aug. 13 election with

Nigeria will be restored to an index that measures equities in frontier markets, three years after it was delisted over concerns about the ability to repatriate earnings. FTSE Russell, a subsidiary of the London Stock Exchange Group, will upgrade its designation of Nigeria next m

Asian equities mostly ended the final trading session of August lower as sentiment weakened following the latest escalation in Middle East tensions, with crude oil prices jumping sharply. Adding to the cautious mood, global bond yields climbed to multi-year highs as investors bra

As India's D2C and retail ecosystem enters the era of D2C 3.0, Inc42's flagship, The D2C & Retail Summit, continues to bring the country's sharpest founders, operators, investors, and enablers into one room to decode what it takes to build enduring consumer brands. Over the past

Update| August 31, 2026, 18:04 IST Pernia’s Pop Up Shop parent Purple Style Labs’ initial public offering (IPO) was only subscribed by 8% by the end of the first day of bidding. The issue received total bids for 5.59 Lakh shares against 68.50 Lakh shares on offer. Retail investor

Instagram is finally taking steps to address the rise of fake AI-influencer accounts that have gotten harder to spot. It’s also renaming the “AI creator” label to “AI-generated profile” to make it clear when a profile features an AI-generated person that’s not a real human being.

Walmart plans to build a 1.5-million-square-foot automated fulfillment center in Carnesville, Georgia, according to a Thursday press release from the Georgia Department of Economic Development. The high-tech, next-generation fulfillment center represents a $1.3 billion investment

The U.S. Postal Service will levy a 6% average rate hike for several package shipping services during the 2026 peak season, according to an agency filing Tuesday. The temporary holiday rate hikes, which are pending review from the Postal Regulatory Commission, would impact retail

Dive Brief: - Best Buy has started a phased rollout of Ask Blue, a conversational AI shopping and support assistant, incoming CEO Jason Bonfig said on a Q2 2027 earnings call. Bonfig, who currently serves as chief customer, product and fulfillment officer, takes the helm in the f

This is CNBC's Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Happy Monday. National park enthusiasts, take note: The White House is considering a land swap in Yosemite with a private developer. Stock futures are lower this morning following a

Listen to this article in summarized format Launched on Monday, August 31, RAINCHNNAI expands NCDEX’s monsoon risk management framework introduced earlier this year with RAINMUMBAI, extending exchange-traded rainfall risk management across the Southwest and Northeast monsoon seas

The yield on the benchmark 6.94% 2036 bond ended at 6.9452%, its highest since June 8, after closing at 6.9108% on Friday. The yield rose 11 basis points in August, its biggest monthly increase this financial year. Brent crude stayed above $90 a barrel as the U.S.-Iran war entere

The fixed-price issue set at Rs 102 per share, will be open for subscription on Tuesday till Thursday and comprises a fresh issue of 41.60 lakh shares and an offer-for-sale of 9.99 lakh shares, aggregating to about Rs 52.63 crore, a company statement said. The company proposes to

Six months into the Iran war, hopes for a return to routine were once again frustrated after the US and Iran traded fire for the first time in about a month. Students across the Gulf are back in school, and executives were optimistic that the return of US diplomats, more normal a

Bad News Often Unfolds Gradually Arthur Zeikel’s observation offers an important lesson for investors about how negative developments can emerge in financial markets. Bad news does not always arrive as a single event. Instead, it can surface gradually, with new information forcin

The News The mass abduction of hundreds of people from mosques in northern Nigeria this month was at once shocking and yet unsurprising: The targeting of civilians by insurgents and bandits has surged compared to last year, and the three months through June were the most violent

Walmart-owned fintech major PhonePe has launched UPI payments for feature phones, mobile phones that handle basic calling and text messaging, enabling them to make digital transactions without requiring an internet connection. With the launch, PhonePe claimed to have become the f

The company said growth was broad-based across its product portfolio, led by strong demand in summer-linked categories such as ice cream, curd and yogurt. The extended summer season, especially in South India, supported sales during the quarter. Gross profit rose 56.1% year-on-ye

Update | August 31, 17:00 IST Enterprise cloud and AI company ESDS Software Solution’s IPO was subscribed 18.34X by the end of the second day of bidding, driven by strong demand from NIIs and retail investors. Investors placed bids for 22.65 Cr shares against the 1.24 Cr shares o

Dow Jones Today | US Stock Market Highlights: U.S. stocks weakened on Monday, with Wall Street turning the page on a volatile month as a war-related jump in crude prices revived inflation fears and raised the likelihood of tighter monetary policy. Eli Lilly & Co. plans to acquire

Key Nvidia and Intel supplier raided over alleged China origin fraud — Unimicron faces probe over PCB origin washing, risk of 40% U.S. tariff penalty Suspects have been released on bail pending investigation. Taiwanese prosecutors are investigating Unimicron, one of the world’s l

The jury's options in Lindsay Clancy's murder trial - Published Lindsay Clancy's murder trial has gripped the American public for the last five weeks. The 36-year-old former nurse killed her three small children in the basement of their family home in Massachusetts. Charged with

Benchmark Sensex fell 307 points to close at 76,957. Despite the weak market sentiment, the broader market remained resilient, with five stocks from the BSE 200 Index touching fresh 52-week highs—their highest levels in the past year. A 52-week high is widely viewed as a positive

The MSCI emerging market currency index was largely unchanged in Singapore afternoon trading after hawkish comments from Fed Chair Kevin Warsh pushed the dollar to a near two-week high. The index remained on course for a 1.8% gain in August, marking its second consecutive monthly

Get Mike Santoli's Market Memo in your inbox first. SUBSCRIBE HERE In markets as in movies, suspense builds through the slow, quiet scenes of the second act. The stock market is doing just enough, through slim trading volumes and narrow index trading ranges, to escape August with

A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. A surge in wealthy renters is driving Manhattan rents to new reco

India's economy grew by 7.8% in the quarter to the end of June, mainly driven by strong performance of the financial, real estate, information technology and professional services sectors. The reading is comfortably above a Reuters poll of expectations for 7.1% growth and follows

LIV Golf, the Saudi-backed challenger to the US PGA Tour, could file for bankruptcy within days, the Financial Times reported, as the kingdom shifts position on several high-profile projects. The Saudi Public Investment Fund founded LIV in 2022, attracting several top players wit

China’s factory activity shrunk for a second consecutive month, further compounding the challenges for the world’s second-biggest economy. Beijing’s export-oriented industries have helped buoy the country’s economy for years as domestic consumption — weighed down by a countrywide

Asian diesel exports to Africa have soared to a multi-year high as the war in the Middle East continues to roil global energy markets. Before the start of hostilities, Africa relied on the Gulf for a large share of the fuel it consumes, importing roughly $90 billion’s worth a yea

The Centre has notified the ₹1.28 Lakh Cr Semicon 2.0 scheme to accelerate the development of India’s semiconductor design and manufacturing ecosystem and strengthen domestic capabilities across the chip value chain. The notification comes more than a month after the Union Cabine

Asian leaders including the heads of China, India, and Russia gather for a summit today as Beijing tries to expand its regional influence. The Shanghai Cooperation Organisation members will meet in Kyrgyzstan to discuss energy and security, both of which have taken on new regiona

China's CXMT beats Western chipmakers to announcement of LPDDR6 mass production — Xiaomi smartphones to debut industry’s first LPDDR6 chips LPDDR6 arrives in less than a year after CXMT started mass-producing LPDDR5. ChangXin Memory Technologies (CXMT) has announced in a social m

Shares of EV maker Ather Energy touched a fresh all-time high of ₹1,703.90 during the intraday trading today following the company’s launch of Konarc escooter. The stock jumped 5.7% from its previous close of ₹1,612 on the BSE. It later pared some of the gains and ended today’s t