Business
Oil prices face new surge risk as emergency global stockpiles dwindle
Global energy markets face increased volatility as emergency petroleum reserves reach critical lows amid an escalating conflict in the Strait of Hormuz. Analysts warn that exhausted spare capacity and potential supply disruptions could push oil prices toward the $100-per-barrel threshold.
Hardie Grant ends annual updates for Australian street directories
Hardie Grant has confirmed it will cease the annual update cycle for its printed street directories due to declining demand and high cartographic costs. While the books will remain available for purchase, the publisher will no longer maintain the intensive production cycles.
Sydney small bar owner nominated for national award as nightlife booms
Sydney's Inner West is experiencing a hospitality boom, fueled by government-backed entertainment precincts and a wave of new small-bar entrepreneurs.
Disgraced podiatrist offloads his Woollahra home for $8.425 million
A residential property in Woollahra has sold for $8,425,000, with records identifying the vendor as Dr. Paul Bours. Following the sale, the home was placed on the rental market for $1250 per week through BresicWhitney East.
Children in England to receive free bus travel throughout August
The government is launching a nationwide initiative offering free unlimited bus travel for children aged five to 15 throughout August.
DBS yuu Card guide: How to maximise 10 mpd rewards and merchant bonuses
Optimize your DBS yuu Card usage by navigating specific merchant requirements, minimum spend thresholds, and bonus point redemption mechanics.
SpaceX shares drop below IPO price as valuation concerns mount
SpaceX stock has dipped below its initial public offering price, prompting a shift in investor focus from market hype to the company’s underlying profitability challenges.
Andy Burnham’s plan to scrap technology department triggers backlash
Incoming Prime Minister Andy Burnham faces criticism from tech industry leaders regarding proposed departmental restructuring and a new AI strategy.
IDBI Bank staff to hold nationwide strike July 27 against privatisation
IDBI Bank staff are organizing a nationwide hunger strike to challenge the institution's strategic sale, citing concerns regarding social equity and oversight.
Andy Burnham mulls energy bill reforms to save households £130 a year
Incoming Prime Minister Andy Burnham is considering a fundamental overhaul of the UK energy market, including removing policy levies to cut household bills.
DBS launches 10 million dollar grocery discount initiative for households
Singapore's largest bank is offering customers savings on staple groceries at 129 Giant and Sheng Siong outlets to help households manage expenses.
US cyclosporiasis outbreak hits 7,000 cases as source remains unknown
Public health officials are investigating a widespread cyclosporiasis outbreak spanning 34 states, with 1,645 confirmed cases and thousands more under review.
Japanese investors surge into Australian property as Chinese sell
A major shift in foreign capital is reshaping Australia's property market as Japanese investment rises to offset a decline in ownership from Chinese sources.
Taylor Farms pulls Mexican iceberg lettuce over cyclosporiasis outbreak
Taylor Fresh Foods has indefinitely removed iceberg lettuce sourced from central Mexico from the U.S. market as federal investigators probe a widespread cyclosporiasis outbreak linked to the parasite Cyclospora cayetanensis.
eMedia Launches Openview Stream, Africa's First Independent FAST Platform
South African media group eMedia is entering the digital streaming market with the launch of Openview Stream, a FAST platform debuting in seven African countries. The service leverages a partnership with RunnTV to deliver free, ad-supported content across mobile and Connected TV devices.
SK Hynix shares face volatility following record US market debut
South Korean chipmaker SK Hynix is navigating sharp share price swings following its Nasdaq entry, as global semiconductor stocks face a wider cooling trend.
Ocado in talks with potential new partners amid robotic warehouse closures
Ocado is seeking new retail partners after robotic warehouse closures contributed to a 15 percent drop in its share price. The company is now focusing on a new portfolio of smaller, store-based automation technology.
Apple briefly overtakes Nvidia as world’s most valuable company
Apple's market capitalization briefly eclipsed Nvidia's as the company gained momentum ahead of its fiscal third-quarter earnings report on July 30.
Taco Bell halts use of Mexican lettuce linked to cyclospora outbreak
Federal health officials linked shredded iceberg lettuce from a single supplier to thousands of illnesses, prompting Taco Bell to pull the ingredient.
Societe Generale sees broadening rally favoring equal-weight strategy in 2H26
Societe Generale analysts observe a market rotation as the rally expands beyond concentrated technology stocks. The firm favors equal-weight strategies and sectors involved in the physical expansion of power and industrial capacity.