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Trade tensions between the United States and Canada are escalating after talks collapsed, with new 50% US tariffs on about $20 billion of Canadian goods and retaliatory duties from Ottawa expected to put pressure on businesses and consumers.
Uber, Rapido, Ola and Blinkit faced widespread service disruptions across India on August 27, with users reporting problems booking rides and placing grocery orders amid reported issues linked to Amazon Web Services.
Samsung India has reportedly begun a workforce reduction across its television and home appliance divisions, with around 80-100 executives asked to exit amid rising costs, weaker demand and an ongoing restructuring exercise.
Jaguar Land Rover plans to reduce its global workforce by around 4,000 roles while targeting £1.7 billion in savings, as the luxury automaker simplifies its operations and prepares five new products.
Torrential rainfall caused flash flooding across parts of New York City, inundating roads and sending floodwater onto subway platforms as heavy rain disrupted travel across the city.
A worsening US-Canada trade dispute could push up the cost of toilet paper and other paper products, as new tariffs threaten supply chains and raise raw-material costs.
Chinese President Xi Jinping arrived in New Delhi on Saturday for the BRICS Summit, marking his first visit to India in seven years. His meeting with Prime Minister Narendra Modi is expected to focus on border stability, trade, economic ties and efforts to further normalise relations between the two Asian powers.
Agricultural cooperatives in 16 Japanese prefectures have cut advance rice payments by 20% to 40% on average as higher prices, imports and increased supply weaken demand.
Brent crude climbed above $100 a barrel for the first time since July as attacks on Iranian tankers and Saudi energy facilities intensified fears of wider supply disruptions.
India has taken up Chinese business visa delays with Beijing as executives and technical teams face difficulties travelling, disrupting meetings and supply-chain operations.
Tata Sons' annual general meeting was adjourned on August 18 after the required quorum was not available, an unprecedented development in the group's history.
Two pilots were killed after a twin-engine training aircraft crashed in a field near the Ganga barrage in Kanpur, Uttar Pradesh. The cause of the crash is yet to be determined, with the DGCA set to conduct a technical investigation.
