On Aug. 24, 2026 Ultra‑Mek, Incorporated (US), Leggett & Platt, Incorporated (US) and L&P Property Management Company (UK) filed a complaint with the US International Trade Commission under Section 337 of the Tariff Act of 1930. They allege certain powered rocker‑recliner and glider‑recliner mechanisms and seating units exported to, imported into, and sold in the US infringe their patents and seek a 337 investigation plus a limited exclusion order and cease‑and‑desist orders; four Chinese compan

Al Jazeera reported President PEZESHKIAN said the recently concluded memorandum of understanding is "a proud document" and that global analysts broadly view Iran as the winner. He added Iranians have demonstrated they will fight if necessary and will not back down, but that war is not always a solution.

Aug. 26 — Shanghai’s municipal post-investment empowerment collaboration platform for state-owned capital funds began operations. Shanghai plans state-capital fund scale above 660 billion yuan by end-2025. The platform, led by the Shanghai SASAC and Shanghai Guotou, will pilot joint “empowerment” consortia to provide full-chain, closed-loop raise-invest-manage-exit fund services aimed at supporting sci‑tech company growth. The first consortium includes Xuhui and Changning districts and 11 SOE and financial members — Shanghai Guotou, Shanghai International Group, Shanghai Electric, Shanghai Instrumentation, Shanghai Tunnel Co., Shanghai Pudong Development Bank (SPD Bank), Bank of Shanghai, Shanghai Rural Commercial Bank, Guotai Haitong, Lingang Group and Shanghai Inspection Company. The consortia will expand to cover all 16 districts and recruit more professional asset managers, industry players and park operators.