Business
Facebook and Instagram users report widespread access issues worldwide
Meta platforms including Facebook, Instagram, and Messenger suffered global access issues, leaving users unable to log in or refresh their feeds.
Moonshot AI Targets Hong Kong IPO Within Six Months After Kimi K3 Launch
Moonshot AI has formally notified investors of its intent to list in Hong Kong, fueled by rising annual recurring revenue and its latest language model. The company is currently dismantling its offshore structure as part of its preparations for the public debut.
Thames Water creditors prepare for potential legal battle over nationalisation
A group of institutional investors holding £17bn of Thames Water debt is bolstering legal support amid speculation about a special administration regime. The consortium maintains its goal is a solvent restructuring while preparing for potential government involvement.
Taco Bell lettuce identified as source of cyclospora parasite outbreak
Federal health officials have linked shredded iceberg lettuce served at Taco Bell in five states to a widespread cyclospora parasite outbreak. While investigations continue, authorities are working to trace the contamination through the supply chain.
CBN Sets Tough Cybersecurity Timeline for Nigerian Banks
The Central Bank of Nigeria has issued strict compliance deadlines for financial institutions to evaluate digital threats and strengthen security protocols.
Alternative battery tech including sand and sweat trials gain momentum
Innovative energy storage projects using sand, molten salt, and enzymatic patches are gaining momentum as alternatives to lithium-ion batteries. These technologies aim to address renewable energy intermittency and decarbonize industrial heating.
Rolls-Royce seeks UK government support for return to narrowbody market
Following a financial turnaround, Rolls-Royce is exploring a return to the narrowbody sector using its UltraFan architecture. The company is currently discussing potential government support to help de-risk the development of a 30,000-lb thrust engine.
Diabetes devices linked to surge in adverse incident reports across Australia
A surge in reported malfunctions for insulin pumps and glucose monitors has prompted safety concerns and an ongoing investigation into device reliability.
Thames Water creditors plan to pursue buyout even if firm is nationalised
A consortium of creditors is preparing for legal action to challenge a potential government takeover of Thames Water, as they push their own £10bn rescue plan.
Obong of Calabar warns against reversal of national language policy
Edidem Ekpo Okon Abasi Otu V has urged the Federal Government to reconsider its stance on indigenous language instruction, citing concerns over cognitive development.
Hampshire strawberry industry history explored via rail boom and heritage
The 19th-century rail network transformed Hampshire into a commercial berry hub, leaving an agricultural legacy that survives through modern heritage.
Prada, Michael Kors and Alaia top BofA luxury digital brand ranking
Prada, Michael Kors and Alaïa top Bank of America's luxury digital brand ranking.
London transport hit by multiple line closures and service disruptions
London’s rail and underground networks are experiencing significant service disruptions this weekend due to scheduled engineering works and maintenance.
DOJ updates white collar enforcement policy to balance corporate oversight
The Department of Justice is shifting its prosecutorial strategy to balance corporate accountability with American enterprise, introducing new guidelines for self-disclosure and monitor duration.
BHP decarbonisation hindered by fuel tax breaks, investor report warns
A briefing document suggests federal fuel tax credits undermine the financial incentive for BHP to replace its diesel-dependent fleets with electric alternatives.
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.