Trump is shifting his strategy to economically pressure the entrenched Iranian regime. This move targets the financial structure of the government in Iran. Specific figures or dates of the new sanctions were not detailed in the report. The action aims to exert more significant pressure on the Iranian leadership's finances. Future steps are expected to involve broader economic isolation.
business Ten stocks within the Nifty500 pack crossed above their 200 DMA on August 13, 2026, based on technical scan data. These stocks use the 200-day DMA as a crucial indicator for determining their overall trend. For example, one stock showed a 200 DMA of Rs 1504.05 against an LTP of Rs 1592. The sustained price above this 200-day SMA generally signals an overall uptrend for the stock. Investors will watch these movements to gauge future market momentum.
business Colts star Sauce Gardner's Detroit property dispute has hit a major legal phase with new claims in a $1.4 million lawsuit. The lawsuit was filed by Gardner against contractor Nicholas Sanborn in Wayne County Circuit Court regarding a Detroit apartment project. The dispute involves alleged fraud and unauthorized use of Gardner's name in promotion, with the initial purchase in March 2026. Gardner claims he paid $500,000 for renovations that never progressed as promised. The court will now decide if Gardner can prove his claims against Sanborn and Sanborn Construction Group. ⚖️
world At least four people have died in eastern Japan following what authorities termed an unprecedented heavy rain event. The incidents occurred in Chiba Prefecture, which saw widespread disruption across its region. On Thursday, the Japan Meteorological Agency issued its highest-level heavy rain warning for the area for the first time. This severe weather led to major power outages affecting nearly 26,000 households and stranded thousands at Narita Airport. Level-5 heavy rain warnings were downgraded to level-4 as of Friday morning.
sports Real Madrid is wrapping up their pre-season with a friendly match against Bundesliga's FC Schalke 04 in Gelsenkirchen. The two clubs previously faced each other twice in the UEFA Champions League in 2014 and 2015. The 2014 match was notable for a 6-1 thrashing, while the 2015 game saw Madrid win 2-0 wearing their pink away kit. Carlo Ancelotti's starting XI included players like Cristiano Ronaldo and Karim Benzema. This final tune-up is set before the start of the LaLiga season under Jose Mourinho.
science Chinese researchers have discovered widespread corrugated structures within the Milky Way for the first time. This finding comes from a team at the Purple Mountain Observatory under the Chinese Academy of Sciences. The study analyzed over 30,000 molecular clouds using data published on Aug. 7 in Nature Astronomy. These corrugations are likely vertical deviations caused by external gravitational disturbances from passing satellite galaxies. The team has now constructed the first global warp model for the molecular gas outer disk. 🌌
tech Meta officially introduced a refreshed Instagram wordmark logo on Thursday. Instagram head Adam Mosseri announced this change across Instagram and Threads. The wordmark, which hadn't updated in 10 years, features redrawn letterforms while keeping the familiar script style. Mosseri described the update as 'cleaner and more modern' with nods to the original design. Users have reacted with mixed feelings to the new aesthetic. 📱
science The Perseid meteor shower was visible across China recently. Several photos captured the event in locations like Jiamusi City and Tongjiang City within Heilongjiang Province. This annual shower peaks on August 12 and 13 of this year. The meteor shower typically runs from mid-July through late August each year. People can look up to catch this celestial display.
business Oil prices saw a slight increase on Friday due to renewed supply worries caused by US threats against Iran. The US announced it could maintain a naval blockade on Iran indefinitely, heightening geopolitical risks. Brent crude futures rose 0.1% to $87.16 a barrel, while WTI climbed to $81.29 a barrel on Friday. This concern is set against weaker global demand forecasts and record-high US crude inventories. Future price movements will depend on whether supply risks outweigh demand and inventory concerns.
sports Actor Hugh Laurie publicly supported Sophie Cunningham's stance on transgender athletes in women's sports. This exchange took place after Cunningham shared views in a July 21 ESPN profile regarding restrictions on transgender participation. Laurie stated on August 11 that he does not believe men should compete against women, directly supporting Cunningham's view. The WNBA task force discussed this issue on August 12 but issued no immediate eligibility rule changes. The future direction of this policy conversation within the league remains uncertain.
sports Gary Kirsten publicly supported Gautam Gambhir, who is facing criticism over the India's World Test Championship campaign. The former Sri Lanka coach praised Gambhir's credentials, citing his T20 World Cup (2026) and ICC Champions Trophy (2025) wins. Kirsten noted his past association with Gambhir during his playing days and in the 2024 IPL. He maintained that Sri Lanka would focus on executing all their skills, not just targeting India's weaknesses. The focus remains on Sri Lanka's preparation, while acknowledging Prabath Jayasuriya's skill. 🏏
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