Business

August 26, 2026
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Business, World News

Iranian Rial Hits Record Low as Economic Crisis Intensifies

The Iranian rial has reached a record low of 2 million to the US dollar as a result of intensified sanctions and the ongoing conflict, severely limiting the purchasing...

August 26, 2026
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Business, World News

Flash Flooding in Nepal Leaves Eight Dead and Disrupts Critical Energy Infrastructure

A powerful flash flood in Nepal's Rasuwa district has claimed eight lives and crippled regional power grids, prompting emergency rescue operations.

August 26, 2026
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Business, World News

Ukrainian Drone Strikes Cause Casualties and Destroy Major Russian Logistics Hub

A massive blaze has decimated a major Wildberries warehouse in Russia following a wave of Ukrainian drone strikes that also left three people dead.

August 26, 2026
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Business, World News

Jewellery Brand Withdraws Rakshabandhan Ad Following Public Criticism

A prominent Indian jewellery brand has pulled its latest Rakshabandhan advertisement following public outcry regarding the actor's choice of clothing.

August 26, 2026
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Business, World News

Understanding the Impact of US Secondary Sanctions on Iran’s Global Trade Partners

The United States has launched 'Operation Economic Outcast,' a new initiative designed to target international partners trading with Iran through the use of secondary sanctions.

August 26, 2026
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Business, World News

Iran and Oman Establish Temporary Shipping Corridor in Strait of Hormuz

Iran and Oman have finalized a temporary transit corridor through the Strait of Hormuz, though Tehran insists the waterway remains closed until US obligations are met.

August 26, 2026
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Business, World News

Tehran’s Strategic Gamble: Testing U.S. Economic Resilience Amid Global Instability

Tehran is banking on the belief that economic volatility and domestic political pressures will force the Trump administration to concede in their ongoing geopolitical standoff.

August 26, 2026
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Business, World News

Large Explosion Destroys Fireworks Manufacturing Facility in Tultepec

A powerful series of explosions leveled a fireworks factory in Tultepec, Mexico, but officials report that no injuries occurred during the incident.

August 26, 2026
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Business, World News

Ukrainian Drone Operations Target Logistics Infrastructure of Russian Retail Giant Wildberries

Ukrainian drone strikes have repeatedly targeted Wildberries, Russia’s largest e-commerce retailer, with the latest attack hitting a logistics hub in Tambov.

August 26, 2026
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Business, Technology

Instagram Executive Testifies on Low Usage Rates of Youth Safety Tools

Instagram head Adam Mosseri testified that youth-focused safety features had minimal adoption rates before becoming mandatory, fueling allegations of addictive platform design.

August 26, 2026
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Business, Technology

SpaceX Announces Major $100 Billion Aerospace Hub in Louisiana

SpaceX has announced plans to build a $100 billion launch facility in Louisiana, set to become the company's largest site for Starship operations.

August 26, 2026
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Business, World News

Iran Maintains Closure of Strait of Hormuz Despite Oman Transit Agreements

Tehran has clarified that new transit agreements with Oman do not signal an end to the closure of the Strait of Hormuz, maintaining regional maritime tensions.