Trade news — August 26, 2026

8 publications

1. BusinessTradeStock Market

   Aug 26, 2026, 23:34 UTC

   

   Trian Fund Management Has No Immediate Plans for Wendy's Takeover

   Nelson Peltz's Trian Fund Management has no current plans to make a take-private bid for Wendy's, according to sources familiar with the matter. This decision comes after recent reports that Trian was exploring a bid with a consortium of investors.

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2. BusinessTradeEquitiesCredit

   Aug 26, 2026, 20:57 UTC

   

   Nvidia Reports Record $96.2 Billion Revenue, Beating Expectations

   Nvidia reported its fiscal Q2 results, with revenue of $96.2 billion, surpassing Wall Street's expectations of approximately $92 billion. The company's earnings per share (EPS) were $2.22, also exceeding estimates of $2.09. This quarter marks another significant growth milestone for the chipmaker, with revenue nearly doubling year-over-year. The market eagerly awaited these results, as they are seen as a key indicator for the broader artificial intelligence (AI) sector.

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3. BusinessTaxTrade

   Aug 26, 2026, 20:13 UTC

   

   Volkswagen's Crisis: Job Cuts, Plant Closures, and Unrest

   Volkswagen (VW) CEO Oliver Blume describes the company's situation as 'more than critical', with plans for significant job cuts and potential plant closures. The company aims to reduce costs and improve profitability, but faces resistance from employees and labor unions. Blume has been criticized for poor communication and lack of transparency regarding the plans. The future of several German plants, including Emden, Hannover, Zwickau, and Neckarsulm, is uncertain. VW is also considering converting some plants to military production. The company's restructuring plan has led to protests and threats of strikes from IG Metall union.

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4. BusinessTradeEquities

   Aug 26, 2026, 13:54 UTC

   

   Lego Reports Record Revenue and Profit Growth in First Half of 2026

   Lego's revenue surged by 21% to a record 41.9 billion Danish kroner (£4.8bn) in the first six months of 2026, driven by strong sales of World Cup, Formula One, and other new sets. Net profit increased by 32% to 8.6 billion Danish kroner (£1.1bn). The company gained market share and expects to maintain double-digit profit growth this year.

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5. PoliticsChinaBudgetTrade

   Aug 26, 2026, 12:42 UTC

   

   India Aims for $55 Trillion Economy by 2047 via AI, Sunrise Sectors

   Former Chief Economic Adviser Krishnamurthy V Subramanian believes India can reach a $55 trillion economy by 2047. He suggests this can be achieved through a combination of sustained 8% real GDP growth, strategic capital deployment, and dominance in key sunrise sectors like AI, defence manufacturing, and space tech. Subramanian also emphasizes attracting high-quality FDI and expanding high-value manufacturing. The IMF ranks India as the sixth-largest economy in 2025-26 with a nominal GDP of $3.92 trillion.

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6. ScienceTradeHardwareNeuroscience

   Aug 26, 2026, 12:19 UTC

   

   MG Hector Tomahawk EV & PHEV Launched

   MG Motor India has launched the Hector Tomahawk EV at Rs 19.49 lakh and the PHEV at Rs 25.70 lakh (ex-showroom). The EV offers a 69.2kWh battery, 204hp motor, and a claimed range of 517km. The PHEV combines a 1.5L petrol engine with a 20.5kWh battery, offering over 115km electric range and a combined range of over 1100km. Both models are available with MG's Battery-as-a-Service (BaaS) program.

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7. ScienceTrade

   Aug 26, 2026, 10:45 UTC

   Record Ruble Deposits on Brokerage Accounts in Q2

   Retail investors deposited a record 1.1 trillion rubles on brokerage accounts in the second quarter of 2026, a 19% increase from Q1, according to the Bank of Russia. The net inflow of funds exceeded 1 trillion rubles, with around 65% coming from qualified investors.

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8. ScienceTradeEquities

   Aug 26, 2026, 04:19 UTC

   

   Sensex Closes Higher Amid Mixed Global Cues

   The Sensex and Nifty indices closed higher on Wednesday, with the Sensex settling 286.98 points or 0.37% higher at 77,656.09 and the Nifty gaining 115.50 points or 0.48% to 24,334.55. The market was driven by mixed global cues and a rebound in Brent Crude prices after a 2% drop.

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