Business
Politics And The Markets 08/30/26
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Business
(VIDEO) Mia Dio Crowned Miss Universe Cuba 2026, One Year After Competing Through Facial Paralysis Ordeal
MIAMI — Mia Dio was crowned Miss Universe Cuba 2026 on Thursday night, capping a comeback story built on a facial paralysis diagnosis, a viral red-carpet prank and a second attempt at the title after falling short the year before.
The 25-year-old, whose full name is Mia Angelina Donadio Cancio, won the crown during the pageant’s final gala at the Dennis C. Moss Cultural Arts Center in Cutler Bay, Florida, prevailing over a field of 19 finalists that had been narrowed down from more than 100 applicants. She succeeds Lina Luaces, who placed the crown on Dio’s head to close out her own reign, and will represent Cuba at the 75th Miss Universe competition, scheduled for Nov. 24 at the Jose Miguel Agrelot Coliseum in San Juan, Puerto Rico.
Dio, who represented Isla de la Juventud in the competition, previously competed for the Miss Universe Cuba title in 2025, reaching the Top 5 and winning Miss Popularity despite suffering facial paralysis just days before that year’s final gala. She has said the paralysis resulted from a Botox injection she had received to treat temporomandibular joint disorder, a condition that had been causing her jaw pain and migraines, according to the outlet Latin Times.
In an interview with HOLA! Americas following her win, Dio described the emotional weight of the moment. “A lot of people didn’t think I would make it to the top. They didn’t see me as the winner, but in my heart, I felt like this was my year,” she said. Reflecting on her decision to compete again after falling short in 2025, she added that she had to weigh which outcome scared her more: trying again, or living with the uncertainty of never knowing what might have happened had she not returned to the stage.
Dio’s path to this year’s crown included an unconventional beginning. According to reporting from Latin Times, she first drew public attention in February 2025 after slipping onto the magenta carpet at the Premio Lo Nuestro awards in Miami and convincing photographers and other attendees that she was a celebrity, a stunt captured on video that went viral and eventually helped build the following that carried into her pageant career. She has since built a social media presence exceeding 5 million followers, according to reporting from CiberCuba, using that platform to discuss beauty, entertainment and, increasingly, Cuban political issues.
That advocacy featured prominently in Dio’s remarks following her win. She described her grandfather, Jose “Pepe” Cancio, as a veteran of Brigade 2506, the Cuban exile group that took part in the 1961 Bay of Pigs invasion, and said his cousin, Silvita Iriondo, was a member of the activist group Brothers to the Rescue and survived the group’s 1996 attacks. “When I think about my identity, I have never questioned my Cuban roots. I have never doubted that part of my purpose is to contribute, in whatever way I can, toward change,” Dio told HOLA! Americas.
Dio has continued that message publicly since her crowning. According to CiberCuba, she raised her hand to form the shape of an “L” while receiving the crown, later explaining on social media that the gesture stood for “Liberty” as a tribute to the Cuban people, and said she plans to invite audiences at the Miss Universe final in Puerto Rico to make the same gesture with her regardless of their nationality.
Miss Universe Cuba National Director Prince Julio Cesar, who has led the pageant’s organization for more than two decades, oversaw this year’s competition, which brought together members of the Cuban community, media figures and industry sponsors for the final gala, according to a report from Luxevarie.
Speaking about the broader field of contestants she competed against, Dio praised the camaraderie among the 19 finalists rather than framing the competition as adversarial. “I competed alongside 19 women, and that represents 19 shared dreams. I truly believe every one of them is deserving of a crown because they have all grown so much, and the competition was always respectful and fair,” she told HOLA! Americas, adding that contestants regularly helped one another backstage, including lending shoes and safety pins when needed.
Dio’s victory places her at the center of what CiberCuba described as a competition she had been considered among the frontrunners for throughout much of this year’s process, having held the second position in a June ranking of contestant popularity based on social media engagement. With the crown secured, she said her focus now shifts to preparing for the international stage in Puerto Rico, where she will aim to build on the legacy of predecessors including Luaces and 2024 titleholder Marianela Ancheta as Cuba’s representative at this year’s Miss Universe competition.
Business
Europe’s central bankers fear more turbulence in testy U.S. relations

Europe’s central bankers fear more turbulence in testy U.S. relations
Business
European midcaps: Where Jefferies sees upside into H2

European midcaps: Where Jefferies sees upside into H2
Business
European central bankers fear more U.S. policy turbulence, Reuters reports

European central bankers fear more U.S. policy turbulence, Reuters reports
Business
7 of top 10 firms shed Rs 1.13 lakh cr in m-cap; Airtel, Reliance worst hit
Last week, the BSE benchmark Sensex declined 276.32 points, or 0.35 per cent, and the NSE Nifty dipped 76.35 points, or 0.31 per cent.
“Indian equity markets ended the week on a cautious note, extending their recent corrective phase as concerns over global interest rates, geopolitical uncertainty and volatility surrounding the new closing auction session weighed on investor sentiment,” Ajit Mishra — SVP, Research, Religare Broking Ltd, said.
Although markets recovered sharply on Friday, supported by strong buying in IT stocks following upbeat global technology cues, the benchmark indices remained under pressure for the third consecutive week, he added.
While Reliance Industries, Bharti Airtel, HDFC Bank, Bajaj Finance, Larsen & Toubro, Life Insurance Corporation of India (LIC), and Hindustan Unilever faced erosion from their market valuation, ICICI Bank, State Bank of India, and Tata Consultancy Services (TCS) were the winners.
The valuation of Bharti Airtel tumbled Rs 40,500.85 crore to Rs 11,74,462.30 crore.
Reliance Industries’ valuation eroded Rs 40,056.32 crore to reach Rs 17,38,119.27 crore.The market valuation of HDFC Bank dropped Rs 11,558.35 crore to Rs 11,09,600.70 crore and that of Bajaj Finance fell Rs 10,086.05 crore to Rs 6,70,535.57 crore.
Larsen & Toubro’s market capitalisation (mcap) declined Rs 6,473.45 crore to Rs 5,55,987.49 crore and that of LIC dipped Rs 3,162.5 crore to Rs 5,32,817.81 crore.
The mcap of Hindustan Unilever edged lower by Rs 1,550.73 crore to Rs 4,72,361.83 crore.
However, the mcap of TCS jumped Rs 16,643.2 crore to Rs 8,48,079.71 crore.
The valuation of ICICI Bank climbed Rs 4,475.28 crore to Rs 10,22,805.73 crore and that of State Bank of India went up Rs 599.99 crore to Rs 9,65,568.75 crore.
Reliance Industries remained the most-valued firm, followed by Bharti Airtel, HDFC Bank, ICICI Bank, State Bank of India, TCS, Bajaj Finance, Larsen & Toubro, LIC and Hindustan Unilever.
Business
FPIs turn buyers for second straight month, invest Rs 30,919 cr in August
The inflow follows Rs 20,200 crore invested in July, marking a sharp turnaround after four consecutive months of heavy selling.
FPIs had withdrawn Rs 49,340 crore in June, Rs 32,963 crore in May, Rs 60,847 crore in April and a massive Rs 1.17 lakh crore in March. Prior to the selling streak, they had invested Rs 22,615 crore in February, according to CDSL data.
The two straight months of buying, following the worst six-month stretch in years, offer the first indication of a possible trend reversal.
However, foreign investors remain net sellers in Indian equities in 2026, with withdrawals of Rs 2.23 lakh crore so far. This is higher than the Rs 1.66 lakh crore outflow recorded during the entire 2025.
“The important factors driving the FPI flows into India are the reversal of the chip trade, the stability in the rupee and, more importantly, the improving earnings growth in India,” V K Vijayakumar, Chief Investment Strategist, Geojit Investments, said.
The continuation of foreign buying in August was supported by improving domestic fundamentals as well as a relatively favourable global backdrop.”Corporate earnings showed signs of improvement during the June quarter, helping ease concerns around the earnings slowdown that had weighed on foreign investor sentiment earlier. Resilient economic activity and strengthening credit growth also reinforced confidence in India’s medium- to long-term growth prospects,” Himanshu Srivastava, Principal, Manager Research, Morningstar Investment Research India, said.
Global factors also turned relatively supportive during parts of the month.
Easing geopolitical concerns aided risk sentiment, while expectations of softer US interest rates and a rotation of global capital away from the crowded AI and semiconductor trade in markets such as Korea and Taiwan created room for incremental allocations towards India, he added.
However, tensions in West Asia and uncertainty over crude oil prices continued to remain an overhang.
“Cash flows suggest returning conviction; futures suggest lingering caution. The trend may be turning, post AI and war-related worries receding,” Manish Bhandari, CEO and Portfolio Manager, Vallum Capital, said.
Going ahead, investors will closely monitor movements in Brent crude prices and developments surrounding US-Iran tensions. Escalating US-Canada trade tensions could further add to market uncertainty and keep investors cautious, Pabitro Mukherjee, Deputy Vice President-Research, Bajaj Broking, said.
Elevated US bond yields also remain a key concern, with markets awaiting upcoming inflation data ahead of the Federal Reserve’s policy meeting in mid-September.
On the domestic front, Q1 GDP growth and inflation data will remain key indicators to watch for institutional flows, he added.
Foreign investor interest also extended to the debt market. They invested Rs 627 crore through the Fully Accessible Route (FAR) and Rs 289 crore through the Voluntary Retention Route (VRR). However, they pulled out Rs 2,318 crore through the general route.
Business
5 big analyst AI moves: Downgrades for SAP and Intuit; AMD lifted to Strong Buy

5 big analyst AI moves: Downgrades for SAP and Intuit; AMD lifted to Strong Buy
Business
Fidelity Blue Chip Growth ETF Q2 2026 Commentary (FBCG)
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Business
2-Year Treasury Yield Surges in Biggest Jackson Hole Reaction Since Greenspan Era
The short-end of the Treasury market believed Warsh after he said that the Fed is going to control inflation.
The yield on the 2-year Treasury note rose 0.118 percentage point to 4.348% Friday. That marked the note’s largest single-day yield gain on a day that a Fed chair gave a speech at Jackson Hole since Alan Greenspan’s address in 1996, according to Dow Jones Market Data.
The two-year yield rose after Warsh said during his speech at the annual economic policy symposium that if the central bank isn’t confident that inflation is moving to its 2% objective clearly and at sufficient speed, then “we have work to do. That’s our job.”
Business
IFRA: Voter AI Data Center Backlash Shows Up On The Chart (BATS:IFRA)
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