NEWS

Switzerland keeps October 1 transparency register launch despite hack fears

Switzerland keeps October 1 transparency register launch despite hack fears

By Axel Miller | 31 Aug 2026

Switzerland will launch its central beneficial-ownership register on October 1 despite cybersecurity concerns following the Liechtenstein data breach.

US 10-year yield tests 4.75% as hawkish Fed signals lift rate bets

US 10-year yield tests 4.75% as hawkish Fed signals lift rate bets

By Cygnus | 31 Aug 2026

U.S. 10-year Treasury yields approach 4.75% after a summer breakout as Kevin Warsh’s hawkish inflation stance boosts expectations for higher rates.

EPA weighs refinery waivers of up to 1.8 billion RINs amid farm backlash

EPA weighs refinery waivers of up to 1.8 billion RINs amid farm backlash

By Axel Miller | 31 Aug 2026

EPA is considering small-refinery exemptions covering up to 1.8 billion RINs as the Trump administration weighs refinery relief against farm-sector concerns.

IG Metall warns Volkswagen of fierce resistance over further 50,000 job cuts

IG Metall warns Volkswagen of fierce resistance over further 50,000 job cuts

By Cygnus | 31 Aug 2026

IG Metall warns Volkswagen of strong resistance as the automaker weighs up to 50,000 additional job cuts and possible German plant closures

Nvidia invests $3.5 billion in MediaTek to deepen NVLink AI partnership

Nvidia invests $3.5 billion in MediaTek to deepen NVLink AI partnership

By Axel Miller | 31 Aug 2026

Nvidia invests $3.5 billion in MediaTek convertible bonds as the companies expand NVLink Fusion, AI infrastructure, PC and automotive collaboration.

Indian Oil raises LPG output nearly 30% as Hormuz disruption tests energy security

Indian Oil raises LPG output nearly 30% as Hormuz disruption tests energy security

By Cygnus | 31 Aug 2026

Indian Oil has raised LPG production nearly 30% and operated refineries at 109.4% utilisation as Hormuz disruptions test India’s energy supply.

Eli Lilly agrees to acquire Merida Biosciences for up to $2.88 billion in cash

Eli Lilly agrees to acquire Merida Biosciences for up to $2.88 billion in cash

By Axel Miller | 31 Aug 2026

Eli Lilly will acquire Merida Biosciences for up to $2.875 billion, adding MER511 and a precision antibody-degradation platform to its immunology pipeline.

Government notifies ₹1.27 lakh crore Semicon 2.0 scheme for chip ecosystem

Government notifies ₹1.27 lakh crore Semicon 2.0 scheme for chip ecosystem

By Cygnus | 31 Aug 2026

India has notified the ₹1.27 lakh crore Semicon 2.0 scheme covering chip fabs, advanced packaging, equipment, materials, design and R&D.

Singapore commits S$220 million to boost fintech innovation and AI adoption

Singapore commits S$220 million to boost fintech innovation and AI adoption

By Axel Miller | 31 Aug 2026

Singapore’s MAS will commit S$220 million over three years under FSTI 4.0 to support fintech innovation, AI adoption and talent development.

Europe awards €387.8 million contract for LUMI-AI supercomputer

Europe awards €387.8 million contract for LUMI-AI supercomputer

By Cygnus | 31 Aug 2026

Europe has awarded Bull a €387.8 million contract to build the AMD-powered LUMI-AI supercomputer in Kajaani, Finland.

Sterling pauses after four-week rally as investors assess Iran sanctions

Sterling pauses after four-week rally as investors assess Iran sanctions

By Axel Miller | 24 Aug 2026

Sterling pauses after a four-week rally as investors assess US sanctions on Iran and expectations for Bank of England interest rates.

India plans first tokenised bond issue in September with REC pilot

India plans first tokenised bond issue in September with REC pilot

By Cygnus | 24 Aug 2026

India plans its first tokenised corporate bond pilot in September, with REC issuing less than ₹500 crore using wholesale CBDC and DEMAT 2.0.

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