ABE NEWS | THE WEEK IN BUSINESS | August 28, 2026 It was a week when artificial intelligence delivered staggering numbers, Canada discovered its economy was stronger than expected just as another trade shock arrived, one of the world’s biggest social-media companies agreed to one of the most consequential settlements in the industry’s history,…
ABE NEWS | August 28, 2026 Norway has lost its king. King Harald V, the country’s monarch for more than 35 years and one of Europe’s longest-serving heads of state, died Friday at the age of 89, bringing to an end a reign that spanned dramatic changes in Norwegian society and transformed him into…
ABE NEWS | August 27, 2026 A catastrophic wall of ice, rock and mud has torn through the Himalayan border region between Nepal and China’s Tibet, killing hundreds of people, destroying communities and leaving more than 1,000 people missing as rescuers race against time to find survivors. The scale of the disaster continued to…
ABE NEWS | WEDNESDAY, AUGUST 26, 2026 Oil prices are falling sharply, global markets are breathing a little easier, and one of the most economically important waterways on Earth may finally be moving toward a partial reopening. But beneath Wednesday morning’s optimism lies a much more complicated reality: the Strait of Hormuz remains severely…
ABE NEWS | SUNDAY, AUGUST 23, 2026 There is a narrow stretch of water between Iran and Oman that most people will never see. It is only about 33 kilometres wide at its narrowest point. Yet what happens there can influence how much families pay to fill their cars, how much airlines spend on…
ABE NEWS | SUNDAY, AUGUST 23, 2026 The Democratic Republic of Congo is facing an Ebola crisis on a scale the country has never experienced before. More than 5,000 confirmed infections. More than 2,500 deaths. Six provinces affected. Dozens of health zones reporting cases. And health authorities are warning that transmission has still not…
ABE NEWS | THURSDAY, AUGUST 20, 2026 Africa’s biggest oil refinery is preparing for another enormous milestone. Nigeria’s Dangote Refinery has secured a $1 billion underwriting program ahead of a planned stock-market listing that could become the largest initial public offering in African history. The refinery, majority-owned by Nigerian billionaire Aliko Dangote, has already…
ABE NEWS | TUESDAY, AUGUST 18, 2026 Two days ago, the question was: What happens if the Strait of Hormuz stays disrupted? Tuesday morning gave us another part of the answer. A ship has been hit. A crew casualty has been reported. Oil has climbed above $90. Iran says the strait will remain closed…
Oil is climbing again. But this story is no longer just about the price of a barrel. It’s about a narrow stretch of water connecting the Persian Gulf to the rest of the world. The Strait of Hormuz. Before the current war, roughly one-fifth of the world’s oil and liquefied natural gas flows passed…
The world gave investors plenty of reasons to worry this week. Oil remained expensive. The Strait of Hormuz remained severely disrupted. Washington and Tehran remained far apart. Long-term U.S. borrowing costs flashed warning signs. Consumers showed signs of becoming more cautious. And businesses continued trying to figure out what an increasingly unpredictable global economy…
