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On 30 Aug 2026 U.S. Central Command destroyed Iranian rocket-launcher sites poised to mine the Strait of Hormuz, ending a month-long lull and instantly adding a fresh war premium that lifted Brent crude back above $90 / bbl.
On 31 Aug 2026 Tim Cook resigned as Apple’s CEO, capping a 15-year tenure, and transferred the position to hardware chief John Ternus effective 1 Sept 2026 while himself moving to executive chairman.
Apple announced its first leadership change in 15 years: Tim Cook will step down on 31 Aug 2026 and longtime hardware chief John Ternus will take over as chief executive the next day.
Kevin Warsh’s first speech as Fed chair at Jackson Hole flipped the default policy expectation from "on hold" to "raise," igniting a swift sell-off in gold and a jump in short-dated Treasury yields.
On 29 Aug 2026, HDFC Bank disclosed that Managing Director & CEO Sashidhar Jagdishan will retire when his term ends on 26 Oct 2026, forcing the board to expedite the search for a new chief after months of market-roiling uncertainty.
Tim Cook will exit the CEO post on 31 Aug 2026 after a planned hand-off, becoming executive chairman while 25-year Apple veteran John Ternus takes over as the company’s eighth chief executive the next day.
On 28 Aug 2026 the US Treasury’s FinCEN proposed cutting Banque Misr’s five UAE branches off from dollar correspondent banking after alleging they moved about $1.8 billion for Iran-linked firms, prompting an immediate forensic investigation ordered by the UAE Central Bank.
On 28 Aug 2026 Apple abruptly raised Apple TV’s subscription fees—$12.99 ➜ $14.99 a month and $99 ➜ $119 a year—while bumping the Apple One Individual bundle to $21.95, with the new rates hitting new users immediately and existing users after 30-day notice.
Kevin Warsh’s first speech as Fed chair jolted markets, driving the implied probability of a September rate increase from roughly one-third to a majority in a single trading day.
After touching a three-month peak near $4,700/oz earlier in the week, spot gold slipped roughly 0.5% on 28 Aug 2026, positioning the metal for its first weekly loss in four, as traders await Fed Chair Kevin Warsh’s 10:00 a.m. ET Jackson Hole speech for clues on interest-rate hikes.
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