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Agusto & Co Withdraws Geregu Power Rating After US$29 Million Bond Default●Somdia Sells SOSUCAM Stake to Cameroonian Consortium With US$243 Million Plan●Constitutional Court Blocks Shell’s Wild Coast Offshore Exploration Plan●China Pledges US$28 Million Grant to Nigeria as Ties Deepen●Absa Sells Two Kenyan Insurers to Mudavadi-Linked Investment Firm●Kenya Treasury Projects Wider US$8.9 Billion Budget Deficit●ETMarkets Management Talk| MAN Industries eyes bigger Saudi footprint; region could contribute 35–40% of revenue in 3 years: Nikhil Mansukhani●Latin American Pulse for Saturday, August 15, 2026●Agusto & Co Withdraws Geregu Power Rating After US$29 Million Bond Default●Somdia Sells SOSUCAM Stake to Cameroonian Consortium With US$243 Million Plan●Constitutional Court Blocks Shell’s Wild Coast Offshore Exploration Plan●China Pledges US$28 Million Grant to Nigeria as Ties Deepen●Absa Sells Two Kenyan Insurers to Mudavadi-Linked Investment Firm●Kenya Treasury Projects Wider US$8.9 Billion Budget Deficit●ETMarkets Management Talk| MAN Industries eyes bigger Saudi footprint; region could contribute 35–40% of revenue in 3 years: Nikhil Mansukhani●Latin American Pulse for Saturday, August 15, 2026●

Asia

Jane Street took $15 billion hit in July tied to Situational Awareness, AI selloff, sources say

Markets-Economic Times · 1h ago · 🇮🇳 India

Jane Street took $15 billion hit in July tied to Situational Awareness, AI selloff, sources say

In July, Jane Street suffered a staggering $15 billion loss amid a challenging AI-driven stock market downturn. Despite this setback, the firm has accrued more than $40 billion in revenue this year, putting it ahead of competitors. Meanwhile, AI hedge fund Situational Awareness made the tough call to liquidate its stock holdings following margin calls.

Read the full story at Markets-Economic Times →

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