2, Sep 2026
Indian Equities Slide at Open as Rising Crude and Geopolitical Risks Trigger Sell-Off

Mumbai, September 2, 2026: Indian benchmark equity indices came under heavy selling pressure in early trade on Wednesday, with investors turning cautious amid heightened geopolitical uncertainty and a sharp rise in crude oil prices.

At 9:47 a.m., the Nifty 50 was trading at 23,830.90, down 225.75 points, or 0.94 per cent, from its previous close. The BSE Sensex stood at 76,299.85, lower by 640.04 points, or 0.83 per cent.

The weak opening reflected a broader deterioration in global risk sentiment as escalating geopolitical tensions raised concerns over energy supplies and the possibility of prolonged disruption in the international oil market.

The surge in crude oil prices has emerged as one of the principal concerns for investors. Any sustained increase in energy costs could have wider implications for inflation, corporate margins and India’s external balances, given the country’s dependence on imported crude.

Higher oil prices can increase costs across transportation, aviation, chemicals and other energy-intensive industries. They can also put pressure on the rupee by increasing the country’s import bill.

For equity investors, the concern is not merely the immediate increase in crude prices but whether geopolitical tensions could keep energy prices elevated for an extended period.

The domestic sell-off mirrored weakness across international markets. Investors globally have been reassessing risk exposure as geopolitical developments add uncertainty to the outlook for economic growth, inflation and monetary policy.

The rise in oil prices has also revived concerns that renewed inflationary pressure could complicate the path of interest-rate cuts in major economies. Higher global bond yields and a stronger dollar can further reduce the attractiveness of emerging-market assets.

This combination of geopolitical uncertainty, expensive crude and tighter global financial conditions has encouraged investors to adopt a defensive stance.

The broad market weakness is expected to keep investors focused on sectors with high sensitivity to crude prices and global financial conditions.

Oil-consuming industries could face margin pressure if input costs remain elevated, while companies with strong pricing power and relatively lower exposure to energy costs may prove more resilient.

At the same time, oil and gas companies could attract attention as crude prices move higher, although the overall market direction remains dependent on the duration and intensity of the geopolitical shock.

Currency movements are another important factor for Indian equities. A weaker rupee alongside higher crude prices could increase imported inflationary pressures and complicate the broader macroeconomic outlook.

Foreign institutional flows will also remain on investors’ radar. Persistent overseas selling can amplify market declines during periods of heightened global risk aversion, while continued support from domestic institutional investors could help limit the downside.

With the Nifty now trading below the 24,000 mark, market participants are likely to closely monitor whether the index can stabilise at lower levels or whether selling pressure intensifies during the session.

The immediate focus will remain on developments in global crude oil markets, geopolitical events, movements in the US dollar and bond yields, and foreign investor activity.

For India, the impact of the current market shock will ultimately depend on how long crude prices remain elevated. A short-lived spike could be absorbed by the economy and markets, but a prolonged oil-price surge could create greater pressure on inflation, the rupee, corporate profitability and investor sentiment.

For now, geopolitical uncertainty and the oil-price surge have pushed Indian equities firmly into risk-off territory, with investors expected to remain cautious until greater clarity emerges on the global energy and economic outlook.

2, Sep 2026
CGTN: How the SCO opens up opportunities for regional development as it turns 25

CGTN published an article exploring how the SCO has evolved from a security-focused mechanism into a comprehensive regional cooperation platform covering areas such as economic development and technological innovation and what role China has played in advancing cooperation within the organization.

BEIJING, Sept. 2, 2026 /PRNewswire/ — Deep in Uzbekistan’s Jizzakh Region, a vast solar farm is transforming the landscape of the Gobi Desert. Tens of thousands of photovoltaic panels stretch across the barren land, capturing sunlight to generate clean energy.

In March, Phase I of the power plant project, built and operated by a Chinese company, began commercial operations. Once fully completed, the project is expected to generate 1.1 billion kilowatt-hours of clean electricity annually, enough to meet the needs of around 400,000 residents.

The solar plant is one of the latest examples of China-SCO cooperation translating into tangible development outcomes. Over the past 25 years, the Shanghai Cooperation Organization (SCO) has expanded from a regional security mechanism into a broad platform for cooperation, with development becoming an increasingly important focus.

Prioritizing development to boost shared prosperity

On Tuesday, Chinese President Xi Jinping attended the 26th Meeting of the Council of Heads of State of the SCO Member States, which coincided with the 25th anniversary of the organization’s founding.

During his speech, Xi put forward four proposals for advancing the SCO’s future development. One key proposal he emphasized was to prioritize development and work toward shared prosperity among SCO member states.

He also highlighted the Shanghai Spirit, featuring mutual trust, mutual benefit, equality, consultation, respect for diversity of civilizations and pursuit of common development, saying the Shanghai Spirit is the organization’s most valuable spiritual asset.

Over the past 25 years, guided by the Shanghai Spirit, the SCO has seen growing trade, deeper investment ties and stronger regional connectivity, creating new opportunities for economic development across the region.

The China-Kyrgyzstan-Uzbekistan railway, for instance, shows how infrastructure cooperation is driving regional development. In December 2024, its construction officially began. Once completed, the route will become a major transport corridor linking China with Central Asia and the wider Eurasian continent, greatly improving trade efficiency and creating broader economic opportunities.

Various cooperation platforms are also facilitating closer economic exchanges among SCO states. Last month, a local economic and trade cooperation conference was held in Bishkek, bringing together more than 100 companies. The event resulted in 193 cooperation agreements and trade deals worth around 1.74 billion yuan ($259 million). Meanwhile, the China-SCO Digital Economy Cooperation Platform, launched in Tianjin one year ago, has already facilitated 29 cross-border cooperation projects covering areas such as computing infrastructure, digital trade and commercial aerospace.

Over the past 25 years, the SCO has evolved into a major regional cooperation platform. Its economic cooperation is shifting from individual projects to stronger institutional frameworks and from bilateral efforts to multilateral coordination, paving the way for more integrated, high-quality and sustainable development across the region.

China: A strong promoter of SCO cooperation

At Tuesday’s summit, Xi said China views the SCO as a priority area for high-quality Belt and Road cooperation and for implementing the Global Development Initiative.

He announced that China would continue hosting events such as the SCO Digital Economy Forum and the SCO Agricultural Expo and will develop an international AI application cooperation center with SCO countries, implement 100 technological cooperation projects with other SCO countries in the next three years and nurture more green industry talents through China-SCO cooperation.

As a founding member of the SCO, China has been a key driver of practical cooperation within the organization.

Shortly after the SCO was founded, China proposed advancing trade and investment facilitation among member states. In 2003, the SCO adopted a multilateral economic cooperation program featuring a three-stage roadmap: promoting trade and investment facilitation in the short term, building stable and transparent rules in the medium term and gradually enabling freer flows of goods, capital, services and technology in the long term.

China has also provided financial support for regional cooperation projects. As of July 2025, China’s accumulated investment in other SCO member states had exceeded $84 billion, making it the largest source of investment and financing for Tajikistan, Kyrgyzstan, Uzbekistan and Pakistan.

At last year’s Tianjin Summit, China proposed establishing cooperation platforms in energy, green industries and the digital economy, along with centers for scientific innovation, higher education and vocational education. All six initiatives have since been launched, generating more than 160 cooperation projects covering clean energy, digital applications and joint talent development.

Egor Prokhin, a researcher at Russia’s Higher School of Economics, said China has played a central role in the SCO’s development.

“The Belt and Road Initiative has helped improve transportation and trade connectivity among Eurasian countries, while the Global Development Initiative has contributed to economic growth and improved livelihoods,” he said, adding these initiatives closely align with the development priorities of SCO members, creating opportunities for businesses and bringing tangible benefits to people across the region.

For more information, please click here:

https://news.cgtn.com/news/2026-09-01/How-SCO-opens-up-opportunities-for-regional-development-as-it-turns-25-1Q5x5WHsoyk/p.html

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2, Sep 2026
Raincheck Earth Appoints Sanjit Phukan as Head of Marketing

 

Raincheck Earth Appoints Sanjit Phukan as Head of Marketing

 

New Delhi, Sept 02: Raincheck Earth, the company behind the internationally acclaimed Cherrapunji Eastern Craft Gin, has appointed Sanjit Phukan as its Head of Marketing, marking a significant step in the brand’s next phase of growth, both in India and globally.

Sanjit joins Raincheck Earth from Jameson, where he most recently served as Director – Marketing Communication, playing a pivotal role in shaping the brand’s cultural relevance and accelerating its growth in India. During his tenure, he conceptualised and led Jameson Connects India, a platform that brought together music, art, culture, and community through meaningful collaborations, partnerships, and original brand experiences.

With over 21 years of experience across sales, communications, digital transformation, and brand marketing, Sanjit has built an impressive career with some of the world’s most recognised consumer brands. Before Jameson, he spent over a decade with Nestlé, contributing to the growth of iconic brands including Maggi, Nescafé, Milkmaid, and KitKat. He also worked with Nestlé’s Global Digital Team in Switzerland before returning to India to lead the company’s digital transformation ecosystem.

His move to Raincheck Earth is as much a professional decision as it is a personal one. Born and raised in Northeast India, Sanjit shares a deep connection with the region and its stories. Joining Cherrapunji allows him to help build a brand that celebrates the landscape, culture, and craftsmanship of the Northeast while taking it to audiences around the world.

Speaking on the appointment, Mayukh Hazarika, Founder & CEO, Raincheck Earth, said:

“Sanjit understands something that’s difficult to teach, how brands become part of culture. Throughout his career, he’s consistently built communities, conversations, and experiences that people genuinely connect with. As Cherrapunji enters its next chapter, we’re excited to have someone who not only brings world-class marketing expertise but also shares a deep personal connection with the Northeast and everything this brand stands for.”

On joining Raincheck Earth, Sanjit Phukan said:

“I’ve spent much of my career building brands with incredible scale, but what drew me to Raincheck Earth was something different. Cherrapunji is building from a place with a powerful story, extraordinary ingredients, and a point of view that’s deeply authentic. Coming from the Northeast, this feels personal. It’s an opportunity to help build a globally respected brand while representing a region I’ve always been proud to call home.”

Beyond marketing, Sanjit is also a professional musician, having toured extensively with his band, and a published author. These creative pursuits continue to shape the way he approaches storytelling, culture, and brand building, qualities that align closely with Raincheck Earth’s vision of creating products rooted in place, purpose, and craftsmanship.

As Raincheck Earth continues to expand its global footprint following recent international recognition, including the Red Dot Award: Product Design 2026, Sanjit’s appointment reinforces the company’s commitment to building culturally relevant, design-led brands from Northeast India for the world.

 

2, Sep 2026
Peggy Lillis Foundation to Host 17th Annual Changing the Odds Gala in Support of C. Difficile Advocacy and Awareness

BROOKLYN, NY (September 2, 2026) – The Peggy Lillis Foundation (PLF), the nation’s leading nonprofit dedicated to raising awareness of and combating Clostridioides difficile (C. diff), will host its 17th Annual Changing the Odds Gala on Friday, September 18, 2026, at 26 Bridge in Brooklyn, NY. The Foundation’s signature fundraising event will unite patients, caregivers, healthcare professionals, researchers, and industry leaders for an evening dedicated to advancing education, advocacy, and policy efforts that improve outcomes for those affected by C. diff—a serious bacterial infection that sickens nearly half a million Americans and contributes to nearly 30,000 deaths each year. 

“The fragmentation of our healthcare system is a key factor in C. diff infection proliferating. Patients seeing doctors at multiple systems; the disconnect between in-patient and outpatient care; the underinvestment in infection prevention; and the lack of input from patients in everything from drug to guideline development allows C. diff infections to proliferate,” said Christian John Lillis, Co-Founder and CEO of the Peggy Lillis Foundation. “That’s why I’m so pleased that this year we’re honoring people who represent the whole fight against C. diff. Dr. Alexander Khoruts of the University of Minnesota, a physician-scientist; Peter Westerhaus of Achieving Cures Together, a philanthropist;  Bobby Warren, director of the DiRTE Lab at Duke, an environmental hygiene researcher; and Carol Raye, a patient who survived recurrent C. diff and has become a national leader in providing peer support. Along with PLF, our honorees touch every aspect of the fight against C. diff.”

Guests will enjoy a cocktail reception, a full dinner, casino games, raffles, and dancing while celebrating the individuals whose leadership, innovation, and support are advancing the fight against C. diff, with the presentation of the Foundation’s annual awards.

Recurrent C. diff survivor and longtime Peggy Lillis Foundation advocate Carol Raye is being honored with this year’s Advocate Award. After developing a severe C. diff infection in 2011, Carol endured months of illness, isolation, and failed treatments before receiving a fecal microbiota transplant (FMT). Through her recovery, she has become one of the Foundation’s most dedicated volunteers, serving as Chair of the Peer Support Network and helping countless patients navigate their own C. diff journeys through education, lobbying efforts, mentorship, and advocacy.

“In the middle of the pandemic shutdown, I found the 2020 Peggy Lillis Foundation’s virtual Summit and immediately volunteered. I have become lifetime friends with other PLF advocates and some of the patients that I have mentored,” said Carol Raye. “Attending the annual Summit and Lobby Day has become a joyful annual family reunion! I am deeply honored to be this year’s advocacy award recipient.” 

The Leadership Award will be presented to Alexander Khoruts, MD, and Pete J. Westerhaus in recognition of their accomplishments in advancing microbiome science and improving outcomes for patients affected by C. diff. Dr. Khoruts is a nationally recognized gastroenterologist, microbiome researcher, and pioneer in microbiota therapeutics. As Professor of Medicine and Director of the Microbiota Therapeutics Program at the University of Minnesota, he has led groundbreaking research that helped establish fecal microbiota transplantation (FMT) as a transformative treatment for recurrent C. diff. 

“I am immensely honored to be recognized by the Peggy Lillis Foundation. The award is especially meaningful because this Foundation was established in memory of a patient who died of fulminant C. difficile infection, the most lethal form of this disease and a condition that I am especially focusing my clinical and research efforts at this time,” said Dr. Khoruts.

Peter Westerhaus is the founder of Achieving Cures Together (ACT), a nonprofit organization dedicated to accelerating medical research and advancing treatments in the field of the human microbiome. Through ACT, he has championed collaboration among researchers, clinicians, and industry leaders to help bring innovative microbiome therapies to patients in need.

“Having personally suffered through multiple C. diff infections, I know firsthand the devastating impact this horrific superbug can have on patients and their families. The Peggy Lillis Foundation has been a powerful voice in raising awareness and advocating for those affected by C. diff, and I’m deeply honored to be recognized by such an outstanding organization,” said Peter Westerhaus.

Bobby Warren, MPS, will receive this year’s Innovator Award. Warren is a researcher in antimicrobial stewardship, healthcare epidemiology, and infection prevention at Duke University, where he serves as Lab Director of the Duke Center for Antimicrobial Stewardship and Infection Prevention’s Disinfection, Resistance and Transmission Epidemiology (DiRTE) Lab. Through his research on environmental contamination, disinfection strategies, and the prevention of healthcare-associated infections, including C. diff, Warren is advancing innovative approaches to improve patient safety and reduce the spread of infectious diseases. 

“Receiving the Peggy Lillis Foundation’s Innovator Award is a tremendous honor. I’ve always believed that some of the biggest opportunities to prevent healthcare-associated infections come from better understanding how pathogens move through and persist in the healthcare environment—and then figuring out what we can actually do about it,” said Warren. “What makes this recognition especially meaningful is PLF’s commitment to turning science and advocacy into action that improves patient safety. I’m incredibly grateful to be recognized by an organization that shares that same drive to challenge how we think about infection prevention and find better ways to protect patients.”

For tickets and more information about this year’s gala, visit  https://cdiff.org/event/changing-the-odds-2026/

2, Sep 2026
Sceye and SoftBank Corp. Complete Stratospheric Connectivity Demonstration in Japan, Advancing Towards HAPS Commercialization

First mission of Sceye’s Service Test Program travels more than 15,000 km from New Mexico to Japan in the stratosphere, backhauls into SoftBank Corp.’s core network, verifies Direct-to-Device and edge computing capabilities and HAPS-based communications with drones.

TOKYO, Sept. 2, 2026 /PRNewswire/ — Sceye, a U.S. aerospace and material science company specializing in High-Altitude Platform Systems (HAPS) for telecommunications and real-time environmental monitoring, today announced the successful trans-Pacific flight of its Service Test 1 (ST1) mission from New Mexico to Japan. Traveling more than 15,000 km through the stratosphere in 13 days, upon arrival over Japan, ST1 demonstrated mobile broadband connectivity to unmodified devices through SoftBank Corp.’s core network and HAPS-based edge computing and communication with drones to support the development of a 3D communications network.

Sceye's ST1 HAPS launched on August 9, 2026 from New Mexico.

Conducted in partnership with SoftBank Corp. (TOKYO:9434, “SoftBank”), a leading operator of telecommunications and IT businesses in Japan and globally, ST1 marks Sceye’s first flight to Asia and a groundbreaking milestone towards the commercial deployment of HAPS as stratospheric infrastructure.

“This flight marks a defining moment for Sceye and for the commercial potential of HAPS,” said Mikkel Vestergaard Frandsen, Founder and CEO of Sceye. “Flying from the US to Japan demonstrates the performance required to make the stratosphere a viable layer of infrastructure and realize the future of AI, edge computing, and 6G. Together with SoftBank, we are moving beyond proving the technology to demonstrating how Sceye can complement and extend existing networks and deliver persistent connectivity at scale.”

The stratosphere offers the optimal vantage point: It is close enough to Earth for high-capacity connectivity and observation, yet the altitude is high enough for wide-area reach. Importantly, the stratosphere offers space-like conditions without the cost of being in space and the disadvantages of being in orbit. Sceye’s HAPS maintain altitude and their area of operation in the stratosphere through consecutive day and night cycles, operating like geostationary satellites, only 1,800 times closer to Earth and at a fraction of the cost.

In 2025, SoftBank Corp. invested in Sceye’s HAPS-based stratospheric infrastructure as a scalable solution to complement terrestrial towers and satellite constellations. The strategic partnership advances a shared vision for HAPS and Non-Terrestrial Networks (NTN) as transformative infrastructure that can expand connectivity, support communications during disasters, and enable future applications across AI, IoT, aerial communications, edge computing, and 6G.

ST1 carried SceyeCELL, a first-of-its-kind “cell tower in the sky” designed to deliver wide-area mobile broadband directly to standard devices from the stratosphere. When deployed at full scale, one Sceye HAPS is designed to cover the equivalent area of approximately 500 terrestrial towers. During the ST1 mission, Sceye and SoftBank demonstrated mobile broadband from the stratosphere, including text messaging, voice calls, internet access, and video streaming. Testing also included emergency calls, using an emergency alert messaging system designed for large-scale disasters, and communications with drones.

Sceye’s ST1 mission launched on August 9, 2026 at 7:00 AM MDT from New Mexico. Additional notable mission attributes include:

  • Traveled more than 15,000 km across the Pacific to Japan in 13 days



  • Operated within Japanese managed air space for over 7 days



  • Remained continuously within its area of operation for an extended period, achieving a station-seeking radius as low as 5 km



  • Operated at approximately 16.5 km in altitude while completing telecommunications, drone, and emergency communications



  • Confirmed communications performance equivalent to that of terrestrial networks while reducing radio interference with ground-based base stations



  • Through a server installed on the HAPS, Sceye and SoftBank conducted data processing directly on the platform, demonstrating average round-trip processing response time of 68 milliseconds, reducing communications latency by over 40% compared with internet-based cloud processing. This marks the world’s first successful test in which a mobile core network and a web server for processing were installed on a HAPS, enabling response processing to be performed entirely onboard the HAPS and the results to be relayed back to smartphones.

ST1 remains in flight, returning towards the United States over the Pacific Ocean at the time of this announcement.

“SoftBank aims to build next-generation communications infrastructure that seamlessly connects the ground, the sky, and space. The fact that Sceye’s HAPS reached Japan from the United States and successfully provided Japan’s first trial services from the stratosphere in Japan’s airspace marks an important step toward the commercialization of HAPS, which is at the core of this vision,” said Junichi Miyakawa, President & CEO of SoftBank Corp. “By combining the HAPS flight and operational technologies that Sceye has developed with SoftBank’s communications technologies, we have gained confidence to realize a three-dimensional communications network utilizing HAPS. Going forward, in collaboration with Sceye, we will continue to integrate a wide range of technologies, including communications and AI, to develop HAPS into a new form of social infrastructure.”

This flight builds on Sceye’s Endurance Program, completed earlier this year, when its SE2 HAPS traveled more than 10,000 km in the stratosphere from New Mexico to the coast of Brazil where it stayed over its area of operation for several days to test long-duration performance in preparation for the Service Test Program, the first of which flew to Japan.

About Sceye

Founded in 2014, Sceye (pronounced “sky”) is an aerospace company dedicated to advancing stratospheric technology to connect people and protect the planet. Sceye leads the High-Altitude Platform Systems (HAPS) industry, focusing on universal connectivity, climate monitoring, natural resource management, and disaster prevention.

Contact: press@sceye.com 

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2, Sep 2026
Manulife Financial Corporation Prices U.S. Public Offering of Subordinated Notes

C$ unless otherwise stated                                              TSX/NYSE/PSE: MFC    SEHK:945

TORONTO, Sept. 2, 2026 /PRNewswire/ — Manulife Financial Corporation (NYSE: MFC) (the “Company”) today announced that it has priced a public offering in the United States of U.S.$750,000,000 aggregate principal amount of 6.146% subordinated notes due 2041 (the “Notes”) at a public offering price of 100.000%. The Notes are anticipated to qualify as Tier 2 regulatory capital of the Company.

Manulife logo

The Notes are expected to be issued on September 11, 2026 and will bear interest at a fixed annual rate of 6.146% for the period from, and including, the issue date to, but excluding, September 11, 2036 (the “Reset Date”), and, during the period from, and including the Reset Date to, but excluding, September 11, 2041, at an annual rate equal to the CMT Rate (as defined in the prospectus supplement) determined on the third business day immediately preceding the Reset Date plus a spread of 1.350%. The Company may, at its option, redeem the Notes, in whole at any time or in part from time to time, with the prior written approval of the Superintendent of Financial Institutions (Canada) (the “Superintendent”), on or after September 11, 2031 and prior to the Reset Date at the applicable make-whole redemption price described in the prospectus supplement. The Company may also redeem the Notes, in each case, in whole, but not in part, with the prior written approval of the Superintendent, (i) on the Reset Date, (ii) at any time within 90 days following a specified regulatory event or (iii) at any time following a specified tax event, in each case, at a redemption price equal to 100% of the principal amount of the Notes to be redeemed, plus accrued and unpaid interest thereon to, but excluding, the date of redemption. 

The offering was made pursuant to a preliminary prospectus supplement, dated September 1, 2026, to the Company’s registration statement declared effective by the Securities and Exchange Commission (the “SEC”) on September 29, 2025.

The Company intends to use the net proceeds from the sale of the Notes for general corporate purposes, which may include future refinancing requirements.

BofA Securities, Inc., Citigroup Global Markets Inc., J.P. Morgan Securities LLC and Morgan Stanley & Co. LLC are acting as joint book-running managers for the offering.

This release does not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. A prospectus supplement and the accompanying prospectus related to the offering have been filed with the SEC and are available on its website at www.sec.gov. Copies of the prospectus supplement and accompanying prospectus, when available, may be obtained by contacting BofA Securities, Inc., 201 North Tryon Street, NC1-022-02-25, Charlotte, NC 28255-0001; Attention: Prospectus Department; Email: dg.prospectus_requests@bofa.com; Telephone: 1-800-294-1322; Citigroup Global Markets Inc., c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, NY 11717; Email: prospectus@citi.com; Telephone: 1-800-831-9146; J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, Attention: Prospectus Department, 1155 Long Island Avenue, Edgewood, NY 11717; Email: JPMorganPostSale@broadridge.com; Telephone: 1-212-834-4533; or Morgan Stanley & Co. LLC, 180 Varick Street, 2nd Floor, New York, NY 10014, Attention: Prospectus Department; Email: prospectus@morganstanley.com; Telephone: 1-866-718-1649.

The securities will not be offered or sold, directly or indirectly, in Canada or to any resident of Canada.

About Manulife

Manulife Financial Corporation is a leading international financial services provider, headquartered in Toronto, Canada. Anchored in our ambition to be the number one choice for customers, we operate as Manulife across Canada and Asia, and primarily as John Hancock in the United States, providing financial advice, insurance and health solutions for individuals, groups and businesses. Through Manulife Wealth & Asset Management, we offer global investment solutions, financial advice, and retirement plan services to individuals, institutions, and retirement plan members worldwide. At the end of 2025, we had more than 37,000 employees, over 106,000 agents, and thousands of distribution partners, serving over 37 million customers with operations across 25 markets globally. We trade as ‘MFC’ on the Toronto, New York, and Philippine stock exchanges, and under ‘945’ on the Hong Kong stock exchange.

Media Relations:

Fiona McLean

Manulife

437-441-7491

fiona_mclean@manulife.com

Investor Relations:

Derek Theobalds

Manulife

416-254-1774

derek_theobalds@manulife.com

1, Sep 2026
Royal Caribbean Group Declares Dividend

MIAMI, Sept. 1, 2026 /PRNewswire/ — The Board of Directors of Royal Caribbean Group (NYSE: RCL) today declared a quarterly dividend of $1.50 per common share payable on October 8, 2026, to shareholders of record at the close of business on September 17, 2026. 

RCG logo blue

About Royal Caribbean Group

Royal Caribbean Group is a leading global vacation company spanning cruise, one-of-a-kind destinations, and land-based vacation experiences. The company operates 71 ships sailing to more than 1,000 destinations across all seven continents through its three wholly owned brands – Royal Caribbean, Celebrity Cruises, and Silversea – and a 50% joint venture interest in TUI Cruises, which operates the Mein Schiff and Hapag-Lloyd brands.

The Group is expanding its portfolio of private destinations through its Perfect Day and Royal Beach Club collections, and the company will enter river cruising in 2027 with Celebrity River Cruises. Powered by innovative brands, advanced technology, and an industry-leading loyalty program, the company has built a connected vacation ecosystem, turning the vacation of a lifetime into a lifetime of vacations.

Named to the Fortune World’s Most Admired Companies 2026 list and to Forbes’ 2026 Best American Companies lists, Royal Caribbean Group is guided by its mission to deliver the best vacations responsibly. For more information, visit royalcaribbeangroup.com

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1, Sep 2026
Shell to more than double US company-owned convenience retail sites with acquisition of Tri Star Energy

HOUSTON, Sept. 1, 2026 /PRNewswire/ — Equilon Enterprises LLC, doing business as Shell Oil Products US (Shell), has signed an agreement to increase its equity from 33% to 100% in Tri Star Energy, LLC, a convenience store operator and fuel distributor operating across the southeastern United States and anchored in the Nashville market. The acquisition makes Shell the full owner of an additional 320 fuel and convenience retail sites in Tennessee and surrounding states, as well as supply agreements with 552 more dealer-owned locations.

Shell Oil Company Logo. (PRNewsFoto/Shell Oil Company)

“Tri Star has built a strong business with high-quality assets, a dedicated team and a loyal customer base. The transaction is fully aligned with our growth strategy to focus capital on businesses in which we have distinctive advantages and can create long-term shareholder value,” said Machteld de Haan, President of Downstream, Renewables and Energy Solutions, Shell plc.

Shell already has the largest branded fuel network in the US, with approximately 12,000 primarily wholesaler- and dealer-owned fuel and convenience retail sites across 49 states serving more than 7 million customers daily. This acquisition significantly strengthens its company-owned presence in the US.

The investment is in line with Shell’s strategy to reallocate capital from lower-return areas to businesses and markets where the company has proven it can deliver strong performance and has clear competitive advantages, as announced at its Capital Markets Day in 2025. Shell stated that 80% of its growth cash capex in the Mobility & Convenience business will be spent in 10 key markets, such as the US, where it generates the majority of its cash flow.

The deal is expected to be completed by the end of 2026, subject to regulatory clearance and the satisfaction of closing conditions.

Notes to editors 

  • Shell is acquiring the remaining interest in Tri Star Energy from The Parman Corporation, Kimbro Oil Company, and their subsidiaries.
  • Once the acquisition is complete, Tri Star Energy will be operated by Texas Petroleum Group, LLC, a wholly owned subsidiary of Shell Mobility & Convenience US LLC (SMC). SMC’s portfolio will consist of nearly 550 company-owned convenience retail sites and supply agreements with approximately 650 dealer-owned sites across the southern US.
  • The acquisition is projected to generate an internal rate of return above the hurdle rate set for Shell’s marketing business.
  • With a long history in the US, Shell is delivering secure energy supplies and meeting the evolving needs of customers today and into the future.
  • Globally, Shell and its affiliates serve around 29 million customers per day at Shell-branded mobility sites, who visit for quality fuels, electric vehicle charging, and convenience and non-fuel products and services.

Cautionary Note

The companies in which Shell plc directly and indirectly owns investments are separate legal entities. In this press release “Shell”, “Shell Group” and “Group” are sometimes used for convenience to reference Shell plc and its subsidiaries in general. Likewise, the words “we”, “us” and “our” are also used to refer to Shell plc and its subsidiaries in general or to those who work for them. These terms are also used where no useful purpose is served by identifying the particular entity or entities. ”Subsidiaries”, “Shell subsidiaries” and “Shell companies” as used in this press release refer to entities over which Shell plc either directly or indirectly has control. The terms “joint venture”, “joint operations”, “joint arrangements”, and “associates” may also be used to refer to a commercial arrangement in which Shell has a direct or indirect ownership interest with one or more parties.  The term “Shell interest” is used for convenience to indicate the direct and/or indirect ownership interest held by Shell in an entity or unincorporated joint arrangement, after exclusion of all third-party interest.

Forward-Looking statements

This press release contains forward-looking statements (within the meaning of the U.S. Private Securities Litigation Reform Act of 1995) concerning the financial condition, results of operations and businesses of Shell. All statements other than statements of historical fact are, or may be deemed to be, forward-looking statements. Forward-looking statements are statements of future expectations that are based on management’s current expectations and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance or events to differ materially from those expressed or implied in these statements. Forward-looking statements include, among other things, statements concerning the potential exposure of Shell to market risks and statements expressing management’s expectations, beliefs, estimates, forecasts, projections and assumptions. These forward-looking statements are identified by their use of terms and phrases such as “aim”; “ambition”; ”anticipate”; “aspire”, “aspiration”, ”believe”; “commit”; “commitment”; ”could”; “desire”; ”estimate”; ”expect”; ”goals”; ”intend”; ”may”; “milestones”; ”objectives”; ”outlook”; ”plan”; ”probably”; ”project”; ”risks”; “schedule”; ”seek”; ”should”; ”target”; “vision”; ”will”; “would” and similar terms and phrases. There are a number of factors that could affect the future operations of Shell and could cause those results to differ materially from those expressed in the forward-looking statements included in this press release, including (without limitation): (a) price fluctuations in crude oil and natural gas; (b) changes in demand for Shell’s products; (c) currency fluctuations; (d) drilling and production results; (e) reserves estimates; (f) loss of market share and industry competition; (g) environmental and physical risks, including climate change; (h) risks associated with the identification of suitable potential acquisition properties and targets, and successful negotiation and completion of such transactions; (i) the risk of doing business in developing countries and countries subject to international sanctions; (j) legislative, judicial, fiscal and regulatory developments including tariffs and regulatory measures addressing climate change; (k) economic and financial market conditions in various countries and regions; (l) political risks, including the risks of expropriation and renegotiation of the terms of contracts with governmental entities, delays or advancements in the approval of projects and delays in the reimbursement for shared costs; (m) risks associated with the impact of pandemics, regional conflicts, such as the Russia-Ukraine war and the conflict in the Middle East, and a significant cyber security, data privacy or IT incident; (n) the pace of the energy transition; and (o) changes in trading conditions. No assurance is provided that future dividend payments will match or exceed previous dividend payments. All forward-looking statements contained in this press release are expressly qualified in their entirety by the cautionary statements contained or referred to in this section. Readers should not place undue reliance on forward-looking statements. Additional risk factors that may affect future results are contained in Shell plc’s Form 20-F for the year ended December 31, 2025 (available at www.shell.com/investors/news-and-filings/sec-filings.html and www.sec.gov). These risk factors also expressly qualify all forward-looking statements contained in this press release and should be considered by the reader.  Each forward-looking statement speaks only as of the date of this press release, September 1, 2026. Neither Shell plc nor any of its subsidiaries undertake any obligation to publicly update or revise any forward-looking statement as a result of new information, future events or other information. In light of these risks, results could differ materially from those stated, implied or inferred from the forward-looking statements contained in this press release.

Shell’s net carbon intensity

Also, in this press release we may refer to Shell’s “net carbon intensity” (NCI), which includes Shell’s carbon emissions from the production of our energy products, our suppliers’ carbon emissions in supplying energy for that production and our customers’ carbon emissions associated with their use of the energy products we sell. Shell’s NCI also includes the emissions associated with the production and use of energy products produced by others which Shell purchases for resale. Shell only controls its own emissions. The use of the terms Shell’s “net carbon intensity” or NCI is for convenience only and not intended to suggest these emissions are those of Shell plc or its subsidiaries.

Shell’s net-zero emissions target

Shell’s operating plan and outlook are forecasted for a three-year period and ten-year period, respectively, and are updated every year. They reflect the current economic environment and what we can reasonably expect to see over the next three and ten years. Accordingly, the outlook reflects our combined Scope 1 and 2 target, NCI target and our oil products ambition over the next ten years. However, Shell’s operating plan and outlook cannot reflect our 2050 net-zero emissions target, as this target is outside our planning period. Such future operating plans and outlooks could include changes to our portfolio, efficiency improvements and the use of carbon capture and storage and carbon credits. In the future, as society moves towards net-zero emissions, we expect Shell’s operating plans and outlooks to reflect this movement. However, if society is not net zero in 2050, as of today, there would be significant risk that Shell may not meet this target.

Forward-Looking non-GAAP measures

This press release may contain certain forward-looking non-GAAP measures such as free cash flow and underlying operating expenses. We are unable to provide a reconciliation of these forward-looking non-GAAP measures to the most comparable GAAP financial measures because certain information needed to reconcile those non-GAAP measures to the most comparable GAAP financial measures is dependent on future events some of which are outside the control of Shell, such as oil and gas prices, interest rates and exchange rates. Moreover, estimating such GAAP measures with the required precision necessary to provide a meaningful reconciliation is extremely difficult and could not be accomplished without unreasonable effort. Non-GAAP measures in respect of future periods which cannot be reconciled to the most comparable GAAP financial measure are calculated in a manner which is consistent with the accounting policies applied in Shell plc’s consolidated financial statements.

The contents of websites referred to in this press release do not form part of this press release.

We may have used certain terms, such as resources, in this press release that the United States Securities and Exchange Commission (SEC) strictly prohibits us from including in our filings with the SEC.  Investors are urged to consider closely the disclosure in our Form 20-F, File No 1-32575, available on the SEC website www.sec.gov.

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1, Sep 2026
Beyond MBA Entrance Exams: How ICFAI Business School’s Case-Based Learning Prepares Students for Real-World Business Challenges

HYDERABAD, India, Sept. 1, 2026 /PRNewswire/ — ICMR India, also known as the IBS Center for Management Research (IBS Case Research Center), is an academic and professional institution focused on developing high-quality management case studies, business research, and practice-oriented learning resources. The center supports universities, faculty members, and corporate trainers by providing relevant, research-driven, and industry-focused management knowledge designed to strengthen practical learning and decision-making skills.

IBSAT for MBA

The IBS Case Research Center (IBS CRC) is ranked 3rd globally, alongside institutions such as Harvard Business Publishing and INSEAD. The IBS CRC produces management cases that have a significant impact on management education and are used by institutions around the world.

A top MBA entrance exam is often evaluated by percentile in India when MBA aspirants talk about premier management institutions and their entrance tests. However, a business school’s true value lies in how well it prepares students for the real world. ICFAI Business School (IBS) stands out by going beyond routine entrance test preparation, with its management curriculum built around world-class case-based learning.

These cases are not merely archived; they are an integral part of the 2-year full-time MBA and PGPM curricula across all 9 IBS campuses. This shared ecosystem gives every student direct exposure to real-world business situations similar to those discussed at leading global institutions.

How Case-Based Learning Technically and Practically Sharpens Executive Capabilities

Case-based teaching helps bridge the gap between management theory and real-world decision-making. By working on complex and often unstructured business situations, students learn to analyse incomplete data, identify key business problems and arrive at solutions while working within constraints. Rather than simply absorbing information, students take part in classroom debates and group discussions where they have to present, explain and defend their ideas while responding to questions and views from their peers.

This process develops critical thinking, quantitative analysis, data interpretation and strategic thinking, while also strengthening skills such as active listening, persuasive communication and decision-making under pressure — qualities that are essential when dealing with real-world business challenges.

For a closer look at how case-based learning helps build practical leadership skills, watch these videos from respective IBS campuses, highlighting how ICFAI uses real-world business situations in its curriculum to develop analytical and decision-making abilities:

https://ibsindia.org/StudentTestimonials/CaseStudies.html

Details about the IBSAT 2026 Admissions (MBA / PGPM 2027–2029):

Aspirants evaluating management programmes can consider applying for IBSAT 2026 by ICFAI Business School, an MBA Entrance Exam that offers a streamlined pathway into one of India’s leading business school networks:

  • Single Application for 9 Campuses: A single application fee (Rs 1,800) covers consideration across all 9 IBS campuses, including IBS Hyderabad, IBS Bengaluru, IBS Mumbai and IBS Pune.
  • Multiple Entrance Pathways: Aspirants can apply through the home-proctored IBSAT 2026 exam or submit valid scores from national tests such as CAT, XAT, NMAT by GMAC™, or GMAT™.
  • Merit-Based Scholarships: IBS has allocated 500 merit scholarships worth Rs 10 Crores (Rs 2 Lakhs per student) for top performers in IBSAT 2026 as well as high scorers in CAT, XAT, NMAT and GMAT.
  • National Mock Test Series: Candidates can benchmark their performance through National Mock Tests offering cash prizes worth up to Rs 2 Lakhs.
  • Comprehensive Selection Process: Admissions assess the overall profile through Micro Presentations and Personal Interviews rather than relying solely on test cut-offs.
  • Proven Career Placement Track Record: Supported by a network of over 79,000 alumni, IBS campuses consistently achieve over 90% placement rates, with top compensation packages reaching up to Rs 40 LPA.

ICFAI Business School’s case-based teaching methodology, when combined with an understanding of market trends, helps students prepare for the future and stay updated with changes in the business world. It encourages them to keep learning, stay ahead and understand what is happening in the corporate world.

For more information, visit https://ibsindia.org/.

Contact us:

IBS Admission Office

Plot No. 65, Nagarjuna Hills

Punjagutta, Hyderabad – 500082

Telangana

Ph: 040 – 23440963 (5 lines)

Toll Free: 1800 425 55 66 77

E-mail: ibsat@ibsindia.org

 

ICFAI Business School (IBS) Logo

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1, Sep 2026
ANTARHRIDAY CONNECT – Connecting 500+ Youth with the Soul of Hindustani Classical Music

Kurukshetra & Karnal | September 2026

AntarHriday Connect Global Foundation, in collaboration with State Bank of India (SBI), in support of Kurukshetra University and KVA DAV College for Women, Karnal, with Shreyas Web Media Solutions as Media Partner, successfully concluded its two-city Performance-cum-Workshop Series on Hindustani Classical Music, conducted by renowned Sitar Maestro Pt. Subrata Dey. The initiative was conducted under the guidance of its Chief Patron, Shri Harsh Vardhan Shringla, Hon’ble Member of Parliament.

The two housefull programmes were witnessed by 500+ students, combined with live performances, learning and interaction with accomplished artists.

ANTARHRIDAY CONNECT - Connecting 500+ Youth with the Soul of Hindustani Classical Music

The initiative also provided six emerging Classical musicians with opportunities for individual, collaborative and ensemble performances—Sahil Sodhi, Pankaj Kumar, Madhav and Illyas Khan with the Madhav group at Kurukshetra; and Shri Shantam with Ms. Ritu on Tanpura at Karnal. Pt. Siddharth Chatterjee on Tabla accompanied Pt. Subrata Dey at both venues, while Guru Rajender Ji accompanied Shri Shantam on Harmonium at Karnal. Their performances were highly appreciated by the audiences.

At Kurukshetra, Shri Rajeev Kumar Bansal, Chief Manager, SBI, Kurukshetra University Branch, was the Guest of Honour, alongside Lt. (Dr.) Virendra Pal Singh, Hon’ble Registrar, Kurukshetra University who graced the occasion as the Chief Guest and Shri Mahesh Joshi, Hon’ble Vice President, Haryana Arts Council  was the Special Guest. Along with distinguished guests the event was attended by eminent musicians and faculty members.

At Karnal, Shri Sudhir Mor, Regional Manager & Head, Karnal, SBI, was the Chief Guest, alongside the Principal, KVA DAV College for Women, Karnal, and other distinguished dignitaries.