Saturday, 15 August 2026 Newsarchy UK live index
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Business

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Wall Street ends down as US-Iran peace optimism fades

Wall Street ends down as US-Iran peace optimism fades

Wall Street indices retreated as fading US-Iran peace optimism pushed Brent crude up to $88.91 a barrel and stoked inflation anxiety ahead of the upcoming CPI report.

Business ·12 Aug 2026, 00:03 ·Maeve Turner 5 min read
Corte Argentino recalls nearly 30,000 pounds of raw beef

Corte Argentino recalls nearly 30,000 pounds of raw beef

Corte Argentino USA is recalling nearly 30,000 pounds of raw beef distributed in Florida and Texas after shipments bypassed mandatory federal reinspection.

Business ·11 Aug 2026, 23:08 ·Maeve Turner 3 min read
Wall Street inches lower as tech drags, US-Iran peace optimism fades

Wall Street inches lower as tech drags, US-Iran peace optimism fades

Wall Street drifted lower as technology heavyweights dipped and optimism surrounding potential peace in the Middle East dissolved amid rising oil prices.

Business ·11 Aug 2026, 22:10 ·Maeve Turner 5 min read
NERC dissolves Kaduna DisCo board over N456bn debt and defaults

NERC dissolves Kaduna DisCo board over N456bn debt and defaults

The Nigerian Electricity Regulatory Commission has dissolved the board of Kaduna Electricity Distribution Plc over a mounting N456.5 billion debt and poor operational performance.

Business ·11 Aug 2026, 16:37 ·Maeve Turner 3 min read
Meta glasses banned from courts in England and Wales

Meta glasses banned from courts in England and Wales

HMCTS has officially banned Meta smart glasses from all criminal, civil, and family courts in England and Wales to enforce strict anti-recording laws.

Business ·11 Aug 2026, 14:34 ·Maeve Turner 3 min read
ANZ warns Sydney house prices face sharpest slump since 1983

ANZ warns Sydney house prices face sharpest slump since 1983

ANZ economists forecast a 14.5 per cent peak-to-trough drop in Sydney house prices, driven by restrictive interest rates and federal tax policy changes.

Business ·11 Aug 2026, 13:34 ·Maeve Turner 3 min read
Metro Petroleum servos raided in nationwide crackdown on illicit tobacco

Metro Petroleum servos raided in nationwide crackdown on illicit tobacco

Law enforcement agencies have raided over 100 Metro Petroleum service stations across six states and territories in a major crackdown on illicit tobacco and vaping products.

Business ·11 Aug 2026, 12:47 ·Maeve Turner 6 min read
Trump Media reports $238m quarterly loss and drops crypto ventures

Trump Media reports $238m quarterly loss and drops crypto ventures

Trump Media posted a massive $238 million quarterly loss driven by crypto paper losses and falling user engagement, prompting a retreat from digital tokens.

Business ·11 Aug 2026, 08:32 ·Maeve Turner 3 min read
Apple tests Chinese CXMT memory chips for iPhones amid global shortage

Apple tests Chinese CXMT memory chips for iPhones amid global shortage

Apple is testing memory chips from Chinese supplier CXMT for its devices to address a global memory shortage driven by the AI boom, facing regulatory hurdles.

Business ·11 Aug 2026, 06:32 ·Maeve Turner 3 min read
Andy Green attempts new land speed record in hydrogen car in Utah

Andy Green attempts new land speed record in hydrogen car in Utah

Retired RAF fighter pilot Andy Green is returning to the Bonneville Salt Flats to pilot a 1,600-horsepower hydrogen car in a bid for a new land speed record.

Business ·11 Aug 2026, 05:38 ·Maeve Turner 4 min read
ASX rises as investors await RBA interest rate decision

ASX rises as investors await RBA interest rate decision

The Australian sharemarket advanced on Tuesday as investors braced for a pivotal Reserve Bank monetary policy decision and weighed mixed corporate earnings.

Business ·11 Aug 2026, 05:34 ·Maeve Turner 3 min read
US stock market holds near its all-time high and crude oil prices rise

US stock market holds near its all-time high and crude oil prices rise

The U.S. stock market drifts near its all-time high while crude oil prices rise on uncertainty about when the Strait of Hormuz will reopen.

Business ·11 Aug 2026, 02:33 ·Maeve Turner 4 min read
Taylor Farms recalls jalapeno products over salmonella concerns

Taylor Farms recalls jalapeno products over salmonella concerns

Taylor Fresh Foods has voluntarily recalled ready-to-eat items containing jalapeño peppers across over two dozen states due to potential salmonella contamination.

Business ·10 Aug 2026, 22:35 ·Maeve Turner 3 min read
Taylor Farms recalls 16 Texas products over salmonella concerns

Taylor Farms recalls 16 Texas products over salmonella concerns

Taylor Farms has recalled products containing fresh jalapeños linked to a multistate salmonella outbreak, adding to the company's recent lettuce recall woes.

Business ·10 Aug 2026, 21:39 ·Maeve Turner 3 min read
Zuckerberg spokesperson says his yacht did not hear call for maritime assist

Zuckerberg spokesperson says his yacht did not hear call for maritime assist

A spokesperson for Mark Zuckerberg explains why his 387-foot yacht failed to respond to a Coast Guard request to tow a stranded vessel off the coast of Alaska.

Business ·10 Aug 2026, 21:32 ·Maeve Turner 3 min read
Enterprise AI investments fail to drive growth as commoditized models trigger convergence trap

Enterprise AI investments fail to drive growth as commoditized models trigger convergence trap

Enterprise investments are failing to drive growth as commoditized models create an agentic convergence trap, leaving 95% of firms with no financial gain.

Business ·10 Aug 2026, 19:36 ·Maeve Turner 3 min read
Taylor Farms recalls jalapeño salsa and guacamole over salmonella risk

Taylor Farms recalls jalapeño salsa and guacamole over salmonella risk

Taylor Farms has issued a voluntary recall for over a dozen salsa and guacamole products distributed across 26 states following a multistate salmonella outbreak linked to Mexican jalapeños.

Business ·10 Aug 2026, 19:33 ·Maeve Turner 4 min read
Tim Hortons Employee Cleared of Charges in Death of 75-Year-Old Customer

Tim Hortons Employee Cleared of Charges in Death of 75-Year-Old Customer

Prosecutors in Indiana have declined to file criminal charges against a Tim Hortons shift manager following a physical altercation with a customer.

Business ·10 Aug 2026, 16:37 ·Maeve Turner 3 min read
Meta launches Muse Glimmer AI model as Zuckerberg demands lower US barriers

Meta launches Muse Glimmer AI model as Zuckerberg demands lower US barriers

Meta has unveiled its new Muse Glimmer AI model designed to run on personal devices, while CEO Mark Zuckerberg calls for US policy shifts to compete with Chinese rivals.

Business ·10 Aug 2026, 15:40 ·Maeve Turner 4 min read
Airservices Australia CEO summoned after Sydney Airport tarmac near-miss

Airservices Australia CEO summoned after Sydney Airport tarmac near-miss

Airservices Australia CEO Rob Sharp faced government scrutiny following a dangerous tarmac near-miss at Sydney Airport that injured a crew member.

Business ·10 Aug 2026, 13:38 ·Maeve Turner 4 min read