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August 16, 2026
Global developments shaping business, policy, and markets
Standard Bank (JSE: SBK) profit rises 10% despite margin pressure as Africa growth bet enters new phase
Standard Bank lifted first-half headline earnings 10% to R26.1 billion despite narrower margins, as loan growth and African expansion shape…
Grasim Q1 adjusted profit jumps 49% as Birla Opus and Birla Pivot scale, but net debt rises
Grasim Industries Limited delivered record Q1 FY27 EBITDA and a ₹365 crore standalone adjusted-profit swing as Birla Opus and Birla Pivot…
Swissquote (SIX: SQN) near 52-week low as crypto income falls 66%
Swissquote cut 2026 guidance after crypto income fell 66%. Can record client assets and non-crypto growth support an SQN recovery?
Aviva plc’s £350m buyback reversed only 15% of the Direct Line shares it issued
Aviva plc issued about 378 million shares to help fund Direct Line and has since repurchased 56.7 million. The buyback has reversed only…
Reddit (NYSE: RDDT) jumps 12.6% as S&P 500 buying meets traffic risk
Reddit surged 12.6% before joining the S&P 500. Can 61% revenue growth and rising margins outweigh slower U.S. user growth?
Accelerant gets 98% of Q2 segment EBITDA from fee businesses. That helps explain Thoma Bravo’s $4bn bet
Accelerant Holdings generated $104.3 million of Q2 adjusted EBITDA from Exchange Services and MGA Operations, versus only $1.9 million from…
