August 24

A few headlines of note today

Mercedes set to lead India's luxury EV market as Tesla stays out. Guinea's former central bank governor, who was charged in March with embezzlement and violating public procurement rules, has been freed on bail. Phone and laptop servicing company Servify has raised $65 million as it prepares for $2.5 billion IPO. Japan will let tourists into the country even without a negative Covid test from Sept. 7, and will soon decide whether to raise the daily limit on visitors, PM Kishida announces from his home quarantine. Japan to waive pre-departure COVID tests for vaccinated travellers. Singapore fines Noble Group $9 million after an accounting probe into the commodity trader, which lost billions and destroyed investor savings. UK markets watchdog bolsters expertise to combat 'greenwashing'. Former Formula One boss Ecclestone indicates not guilty plea to UK fraud charge, Sky News reports. Britain's largest container ship port accuses the union behind an ongoing strike of acting against the interests of workers. South Africa's unemployment rate unexpectedly declines for a second consecutive quarter. Fighting erupts along border of Ethiopia's northern Tigray region. India fires three officers for accidentally launching missile into Pakistan in March. What impact will strike at Britain's busiest container port have.. Shanghai imposes power consumption restrictions, turning off decorative lighting on the riverside Bund area and parts of the financial center of Lujiazui for two days. UK consumer spending drops as inflation hit intensifies. Singapore's Keppel to buy 80% stake in rubbish collector 800 Super. Cathie Wood funds buy Zoom shares worth $68.25 million as the video-conferencing app's stocks plunge. Delays are adding up for a new Texas mill being built by one of the largest US steelmakers, Steel Dynamics, to supply metal for electric vehicles. Tenants are paying the price for a succession of housing policy mistakes. Honda considering decoupling supply chain from China, Sankei says. Thai court suspends PM Prayuth pending term limit review. Hawkish Fed comments knock stocks, help dollar. Twenty-five years since Paris death, Princess Diana still captivates. Guinea's former central bank governor, who was charged in March with embezzlement and violating public procurement rules, has been freed on bail.

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