Bangladesh PM Rahman likely to visit India from August 23-25, Indian newspaper reports Aug 21, 2026 05:52AM

NEW DELHI, Aug ‌21 (Reuters) - Bangladesh ​Prime ​Minister Tarique Rahman is likely to visit India from August 23 to 25, ‌the Indian Express newspaper reported on Friday, ⁠his first trip to the country since taking office in ‌February.

The visit comes amid ‌efforts by the South Asian neighbours to repair ties strained by the 2024 ouster of ​former Prime Minister Sheikh Hasina, whom Dhaka has asked New Delhi to extradite.

The Bangladeshi and... (continue reading...)


UBS Global Wealth Management lifts S&P 500 year-end target to 8,100 Aug 21, 2026 05:44AM

Aug 21 (Reuters) - UBS ‌Global Wealth ​Management ​raised its year-end target for the S&P 500 index to 8,100, citing ‌a stronger earnings outlook and confidence in ⁠sustained profit growth through next year.

The wealth management ‌arm of UBS Bank, ‌UBS Global Wealth Management is the newest addition to a growing chorus of ​global research firms forecasting the S&P 500 will be above 8,000 by the ⁠end of 2026.

The new target implies a roughly... (continue reading...)


Australia's Steadfast agrees to $5.51 billion buyout bid by KKR-backed consortium Aug 21, 2026 05:42AM

Aug 21 (Reuters) - Australian ‌insurance ​broker ​Steadfast Group said on Friday it has agreed to a ‌A$7.7 billion ($5.51 billion) takeover offer by ⁠a U.S. consortium backed by investment firm KKR.

As ‌part of the ‌proposal, insurance distributor Amwins Group will acquire Steadfast's underwriting agency operations, while U.S.-based ​Dragoneer Investment will take over its broking business.

Steadfast shareholders, as previously ⁠announced,... (continue reading...)


Ross Stores jumps after raising full-year profit guidance Aug 21, 2026 05:27AM

Aug 21 (Reuters) - Ross Stores' ‌shares surged nearly ​9% ​in premarket trading on Friday, after the value retailer raised annual guidance and projected quarterly sales growth above analyst ‌expectations, signalling bargain-hunting demand despite a shaky economic backdrop.

Shares were ⁠last up 8.6% at $248.77 after falling over 3% in the last two sessions.

Here ‌are some details:

• The company ‌raised its annual earnings per... (continue reading...)


Global equity fund inflows hit three-week high before late selloff Aug 21, 2026 05:23AM

Aug 21 (Reuters) - Global equity funds ‌drew their largest ​weekly ​inflows in three weeks through August 19 as investors bet on a strong earnings season, though rising bond yields and oil prices began ‌to weigh on markets.

The fund-flow data preceded a broad late-week selloff. ⁠Global stocks were on track for their steepest weekly decline since mid-July on Friday as higher ‌government bond yields, elevated oil ‌prices and renewed inflation concerns... (continue reading...)


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