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Business news — August 21, 2026

Business publications published on August 21, 2026 (UTC). This is a fixed calendar-day archive.

9 publications

Business Trade Markets
Aug 21, 2026, 20:46 UTC
Manufacturing Capacity Utilization Drops to 73.5% in August
The seasonally adjusted capacity utilization rate in the manufacturing industry fell by 0.3 points to 73.5 percent in August compared to the previous month. The non-seasonally adjusted rate also fell by 0.4 points.
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Business Tax Trade Logistics
Aug 21, 2026, 18:29 UTC
Gold Prices Expected to Surpass $5,000
Gold prices have been rallying, recently surpassing 7,000 TL and reaching a three-week high. Analysts predict that gold prices could rise to $5,000 in the future due to factors such as stagflation risks, inflation expectations, geopolitical tension, and active demand from central banks. The outlook for gold remains high, with some strategists revealing new targets if the rally continues.
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Business Tax Trade Logistics
Aug 21, 2026, 18:06 UTC
Walmart's $2.9B Tariff Refund Used to Lower Prices
Walmart has announced it will use a $2.9 billion refund from U.S. tariffs to temporarily lower prices on thousands of items, particularly groceries and general merchandise. The company aims to pass these savings on to customers.
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Business Trade Equities Manufacturing
Aug 21, 2026, 15:41 UTC
General Atlantic Sells 8.75% Stake in Kfin Tech via Block Deal
General Atlantic has sold an 8.75% stake in Kfin Tech, worth approximately ₹1,400 crore, through a block deal. The transaction involved the sale of 1.51 crore shares at ₹925 per share, a 3% discount from the previous closing price of ₹948. The block deal was launched with a floor price set at ₹919.56 per share.
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Business Budget Tax Trade
Aug 21, 2026, 12:13 UTC
Beauty Industry Struggles: Business Liquidations Surge
The beauty industry in Russia is facing a significant downturn. From January to July 2026, business liquidations in this sector increased by 52.5% to 12,300, while new registrations decreased by 16.1%. This is attributed to a rise in the tax burden, particularly the reduction of the VAT threshold, and the shift of masters to private practice or coworking spaces. Despite this, demand for beauty services has not vanished, with Russians spending 179.6 billion rubles on such services in January-June 2026, a 16% increase year-on-year.
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Business Trade
Aug 21, 2026, 10:55 UTC
Cosan Receives Binding Proposals for Sale of Rumo Stake
Cosan has confirmed that it is receiving binding proposals from potential interested parties for the sale of its stake in Rumo, Brazil's freight railway operator. The company is considering this move to reduce its own debt, but no decision has been made yet regarding the effective realization of the transaction.
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Business Public Health Mental Health Regional
Aug 21, 2026, 10:30 UTC
Healthcare Crisis in Ceuta Amidst Migration Surge
Ceuta's healthcare system is under extreme pressure due to the arrival of over 70,000 migrants since late July. The Spanish Health Ministry acknowledges 'assistance tension' but denies a system collapse. The Ceuta Medical Syndicate, however, describes the situation as an 'absolute collapse.' The Ministry is criticized for maintaining contracts with private healthcare providers while pushing for reform to restrict outsourcing in the National Health System. The Spanish Society of Public Health and Healthcare Administration (Sespas) denies a generalized epidemic but calls for healthcare reinforcements and improved housing conditions. A Ministry of Health delegation will visit Ceuta next week to evaluate the health situation.
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Business North America Budget Tax
Aug 21, 2026, 06:24 UTC
Latvian Parliament Approves 80 Million Euro Aid for airBaltic
The Latvian Parliament (Saeima) has authorized the government to inject up to 80 million euros into the national airline airBaltic for financial stabilization. This includes converting 50 million euros in bonds and debt into shares, and purchasing additional bonds worth 30 million euros. The law also extends a 30 million euro bridge loan until December 31. airBaltic plans to reduce its fleet and apply cost-saving measures to secure long-term competitiveness.
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Business Trade
Aug 21, 2026, 01:29 UTC
Central Bank Reserves Surge to $183.5 Billion
The central bank's total reserves have increased to $183.5 billion, marking a $5.134 billion rise from the previous week. This growth is attributed to an increase in gross foreign exchange reserves to $75.166 billion and gold reserves to $108.335 billion.
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