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August 28, 2026
Gap shares jumped 14% on Friday premarket after Michael Francis, an industry veteran, was named CEO of Old Navy. The move is intended to reinvigorate the brand amid a 'challenging spending environment. Gap's largest?brand?, Old Navy, has struggled…
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August 28, 2026
The U.S. president Donald Trump initially said that the Iran war would only last for four to five weeks. But we are now approaching the six-month mark. The financial markets' resilience in the face of what was thought to be an impending doomsday…
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August 28, 2026
Seven cargo vessels passed through the 'Strait of Hormuz' on Thursday. This is down from 17 a day before and below the 15-ship average for the past 10 days, according to preliminary data released on Friday. Initial data from the shiptracker Kpler at 0315 GMT showed that seven vessels transited…
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August 28, 2026
Wheat futures at the Chicago Board of Trade CBOT?extended Friday's rally as traders monitored Black?Sea grain export disruptions in response to tit-fortat attacks. Corn and soybeans?also gained. * The Chicago Board of Trade's (CBOT) most traded…
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August 27, 2026
Gap appointed a new chief executive officer for Old 'Navy on Thursday to reinvigorate a struggling brand. The apparel retailer had raised its yearly?profit forecast based on strong sales at its namesake label. Shares of 'company? soared by 16%…
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August 27, 2026
Chicago wheat futures reached a three-year-high on?Thursday. This extended the previous session's limit up rally as fears about a prolonged disruption to the Black?Sea grains trade were fueled by reports that Russia?may increase its strikes against Ukraine.
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August 27, 2026
Chicago wheat futures rose?to a 3-year high on Thursday. This extended the previous session's limit up?rally. Reports that Russia could intensify its strikes against Ukraine fueled concerns of?prolonged interruptions to the massive Black?Sea grains trade.
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August 27, 2026
The Tunisian authorities announced on Thursday that they had recovered the remains of the last missing migrants from a boat which sank last week off the coast, bringing the total death toll up to 14. Tunisian Observatory for Human Rights said that the boat carried mostly young people.
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August 27, 2026
According to Yonhap News Agency, the HD Hyundai Heavy Industries Union has secured its legal right to strike after its members approved industrial action during a three-day vote that took place between August 25 and 27. The union reported that 5…
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August 27, 2026
Local media reported that Bulgaria approved the purchase seven minehunter vessels?from Belgium & the Netherlands. The 'NATO alliance is seeking to strengthen its capability to clear naval /mines & secure shipping routes in the Black Sea, according to local reports.
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August 27, 2026
According to data from the shipping industry and market sources, more barrels of South Sudan Dar Blend crude oil were returned to?the marine fuel blend pool in Singapore this month as demand for China's refined products decreased. As the month ended…
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August 27, 2026
CMB.Tech, a Belgian 'tanker' company, announced on Thursday that its core profit % for the second quarter had more than doubled. This was due to strong dry bulk and tanker prices as well as vessel sales in spite of a disruption caused by war.
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August 27, 2026
Data showed that shipping traffic in the Strait of?Hormuz rose slightly despite the?geopolitical standoff between the United States,?Iran and?Oman, as well as the?market monitoring?Iran's talks with Oman about the waterway. Kpler data showed…
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August 26, 2026
Wheat futures at the Chicago Board of Trade (CBOT), which trades wheat,?extended Thursday's rally due to the possibility that?Russia would intensify its strikes against Kyiv. This could lead to further disruptions in the region where the majority of the world's grain is produced.
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August 26, 2026
The Metropolitan Police in London launched a new fleet of ebikes this week to combat street crime, such as thefts of phones. One senior officer described the move as "a game changer" for tackling criminals who commit crimes on the streets. The…
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August 26, 2026
Chicago's most active wheat futures reached their daily limit on Wednesday and hit new multi-year highs, following news that Russia is considering increasing ballistic missile attacks?on Kyiv. The latest development highlights a pattern that escalates tensions…
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August 26, 2026
The price of European wheat futures rose 4% to a new one-month high on Wednesday, as fears about war disrupting the massive grain trade in the Black Sea were heightened by a report stating that Russia intends to intensify its?attacks against Ukraine.
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August 26, 2026
Chicago corn and wheat futures reached new multi-year highs on Wednesday, as expectations of a fall in?U.S. Analysts said that a combination of 'corn yields, and the ongoing disruption in Black Sea grain exports have maintained global uncertainty.
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August 26, 2026
According to shipping and trade data, Abu Dhabi National Oil Co (ADNOC), and Kuwait Petroleum Corp (KPC), have chartered four supertankers for a week-long?loading oil? at Fujairah (United Arab Emirates) bound for Asia. ADNOC has chartered three…
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August 26, 2026
Saudi Aramco offered to load more oil outside the Strait of Hormuz this September, according to four sources who are familiar with the situation. This comes after the company sold at least 4,000,000 barrels of oil in China during the month of August.
