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JPMorgan Eases Share Lending Rules to Court AI Wealth, August 25
JPMorgan Chase loosens lending policy on share holdings for SpaceX and Anthropic employees, signaling a strategic shift to capture AI-driven wealth management opportunities.
Melrose Launches £73 Million Compensation Programme After GKN Aerospace Chemical Incident in California
Melrose Industries will launch a compensation programme worth up to £73.4 million ($100 million). The FTSE 100 group’s GKN Aerospace unit suffered a chemical incident at its Garden Grove, California site in May. Melrose said the claims programme opens within weeks and runs into 2027. What Triggered the Compensation Programme An overheating chemical tank at…
Shein Targets $27B (£20B) Valuation in Long-Awaited Hong Kong IPO, Raising to $1.8B
Shein launched its Hong Kong IPO on Monday, August 24, 2026, targeting a valuation of up to 27billion.Thefast-fashionretaileraimstoraiseasmuchasHK13.86 billion, or 1.77billion.ShareswillpricebetweenHK47.60 and HK$49.50 apiece. IPO Structure and Timeline Shein is selling 280 million Class B shares in the offering. The company will confirm its final IPO price on August 31, 2026. Trading on the Hong…
Oriental Hotels Stock Surges Over 5% After Indian Hotels Company Merger Approval
Oriental Hotels shares jumped more than 5% on August 24 after IHCL approved its merger. The Indian Hotels Company and Oriental Hotels boards approved a Scheme of Arrangement. The transaction will combine OHL with its larger associate through an all-stock structure. The scheme remains subject to shareholder, creditor, NCLT, stock exchange, SEBI, and other approvals….
Robinhood Stock Rises 4.63% to $95.77 as MSTR, COIN and CRCL Rally on Treasury Buyback
Robinhood stock closed at $95.77 on August 19, 2026, up 4.63% for the session. Strategy, Coinbase, and Circle all posted stronger gains the same day. The U.S. Treasury’s expanded bond buyback program eased yields and lifted risk appetite across crypto-linked equities. Bitcoin climbed above $68,000, extending gains into $71,600 territory by Thursday morning. Why Robinhood…
HMRC Sends 81,000 Crypto Tax Warning Letters as Enforcement Nearly Triples
HMRC sent 81,000 crypto tax warning letters in 2025-26, up from 27,714 in 2023-24. Penalties for non-compliance can reach 100% of unpaid tax. New powers arrive May 2027.
US Debt Rises $11.6 Trillion During Trump’s Two Terms, Outpacing Biden’s $8.4T
US debt has climbed $11.6 trillion across Donald Trump’s two terms combined, according to Treasury Department data released this week. That total spans both his 2017-2021 term and his current second term since January 2025. Biden’s single term added $8.4 trillion by comparison. Total US debt crossed $40 trillion for the first time on August…
Adani Shares Surge 34% in 2026 as Flagship Stock Eyes Nifty 50’s Top Gainer Crown
Adani shares have jumped 34% so far in 2026, making Adani Enterprises the top performer on the Nifty 50 Index. The flagship stock last held that spot at the end of 2022, right before the Hindenburg Research report hit in January 2023. This rally marks a full turnaround for Asia’s richest man, Gautam Adani, and…
SK Hynix Becomes Kioxia’s De Facto Top Shareholder as Toshiba Exits
SK Hynix becomes Kioxia’s de facto top shareholder as Toshiba reduces its stake to 14.06% through seven stock sales. The Korean chipmaker holds convertible bonds that could grant it voting control.