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Business news — August 1, 2026 - Page 5

Business publications published on August 1, 2026 (UTC). This is a fixed calendar-day archive. Page 5 of 12.

279 publications

  3. BusinessTaxStock MarketManufacturing

    Ohio State's Jersey Patch Deal with JPMorgan Chase Not Public

    Ohio State's reported $17M annual jersey patch deal with JPMorgan Chase was announced this week, but the full terms remain undisclosed. The university denied a public records request, citing Learfield's private status which handles the sponsorship. Ohio State's athletic department reported $42.8M in revenue from similar sources in 2025. Jersey patch sponsorships are becoming popular among athletic departments due to rising athlete compensation expenses.
    2 sourcesSee all sources
  4. BusinessNorth AmericaBudgetTrade

    IMF Chief Praises Argentina's Economic Progress, Compares It to Messi's Career

    Kristalina Georgieva, IMF Managing Director, visited Argentina and commended the country's economic achievements under President Javier Milei. She noted two consecutive years of primary fiscal surplus, economic growth, reduced inflation, and improved sovereign financing costs. Georgieva compared Argentina's economic transformation to Lionel Messi's career, highlighting perseverance as key to both successes. She also emphasized the need for further reforms, including an independent central bank and a durable fiscal rule, to sustain growth.
    2 sourcesSee all sources
  13. BusinessTrade

    High Salaries in Moldovan Public Sector: NBM and MoldATSA Lead

    An analysis of state institution salaries reveals that the National Bank of Moldova (NBM) and MoldATSA have the highest number of employees earning over 50,000 lei and 80,000 lei per month. NBM has 124 employees earning over 50,000 lei, with 61 earning over 80,000 lei. MoldATSA follows with 102 employees earning over 50,000 lei, including 60 earning over 80,000 lei. Other institutions with high salaries include ANRE, Energocom, and the Agency for Electronic Governance. The median net salary in the entire sector analyzed is approximately 9,000 lei, with 85.8% of employees earning less than 20,000 lei.
    6 sourcesSee all sources
  14. BusinessTrade

    Bank of Japan Maintains Interest Rates at 1%

    The Bank of Japan (BOJ) has decided to keep its short-term policy interest rate unchanged at 1.0%. This decision comes after raising the rate from 0.75% to 1% last month. The BOJ is currently assessing the impact of this rate hike on the economy and prices. The bank also noted that economic risks are broadly balanced, with inflation risks tilted to the upside. It will continue to adjust interest rates according to economic, price, and financial developments. The BOJ stated that recent yen depreciation is one factor contributing to higher prices and that it will pay close attention to the impact of foreign exchange rates on the economy and inflation.
    28 sourcesSee all sources
  15. BusinessBudgetTrade

    Dollar Falls Amidst High Demand for Pesos

    The wholesale dollar fell for the second day, discounting eight pesos or 0.5% to 1,488 pesos, moving away from its recent nominal record of $1,498. The exchange rate thus returned to levels similar to those shown on July 23. The downward trend for the dollar is associated with the lack of liquidity in the peso market following the large-scale bond auction of short-term Treasury bonds on Wednesday, which resulted in an increase in interbank (REPO) rates and in overnight loans between private parties on Thursday. The BCRA set a ceiling for its exchange rate band scheme at $1,843.63, a limit that it widened to 355.63 pesos or 23.9% for the margin for the float of the official exchange rate.
    7 sourcesSee all sources
  16. BusinessTaxCommoditiesEquities

    ExxonMobil, Chevron Post Record Profits Amid Middle East Conflict

    ExxonMobil and Chevron reported record-breaking quarterly profits, driven by soaring oil prices and refining margins due to the ongoing U.S.-Iran conflict. Exxon's profit hit $14.7 billion, while Chevron's reached $12 billion, both companies' highest since 2022. Despite missing analyst estimates, Exxon's earnings were still up significantly from last year. Chevron beat expectations and posted its largest quarterly profit in six years.
    28 sourcesSee all sources
  17. BusinessNorth AmericaBudgetEarnings

    ANSES Increases Pensions for August: Minimum and Maximum Amounts

    The National Social Security Administration (ANSES) will apply a 1.9% increase for retirees and pensioners in August, aligning with June's inflation data. The minimum pension will be $419,817.13, the maximum will be $2,824,971.72, and all beneficiaries will receive an extraordinary bonus of up to $70,000. Payments will be made from August 10 to 31, depending on the beneficiary's DNI number.
    3 sourcesSee all sources
  20. BusinessTradeReal Estate

    OMV's Operating Profit Surges 65% in Q2

    OMV, the Austrian energy company, has reported a significant increase of 65% in its operating profit for the second quarter of 2026. The adjusted operating result (CCS) reached 1.71 billion euros, driven by strong performance across its energy, oil, gas, and chemicals segments. The outgoing CEO Alfred Stern described the result as 'strong'. For the full year, OMV plans investments of around 3.4 billion euros.
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