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Nepal Floods Kill 359 as Glacier Collapse Triggers Himalayan Disaster; 34 Australians Missing
Glacier collapse in Nepal Himalayas triggers deadly flash floods killing 359 people. 34 Australians among nearly 1,500 missing as rescue efforts continue across Nepal-Tibet border.
US and China Race for Pacific Deep-Sea Mining as Australia Faces Pressure to Act
US and China compete for Pacific deep-sea mining of critical minerals worth USD 30 trillion. Australia faces pressure to shape international governance before operations start in 2027.
Meta (META) $18 Billion Settlement Escalates Global Fight Over Social Media Harm to Teens
Meta agreed on August 26, 2026, to pay up to $18 billion to settle claims that Facebook and Instagram were designed in ways that harmed young users. The deal also brings strict new limits for teenagers, including daily usage caps and overnight restrictions. But the settlement reaches beyond Meta. It could increase pressure on TikTok,…
PORR Shares Tumble 10% After Q2 Revenue Miss and 32% Drop in Order Intake
PORR AG shares tumbled sharply at Thursday’s market open on August 27, 2026, despite the Austrian construction group posting stronger half-year earnings. The Vienna-listed builder reported H1 EBIT of €56.3 million, up 15.6% from €48.7 million a year earlier. Markets instead focused on the isolated second quarter, where order intake fell 32.2%, and revenue missed…
Bikaji Foods (BIKAJI) Shares Jump 4% to ₹635.95 After Strategic Bakery Partnership With Thayekunni Khaleel
Bikaji Foods shares jumped as much as 4% to an intraday high of ₹635.95 on August 27, 2026, before settling up 2.28% at ₹624.65. The rally followed a strategic bakery partnership with Thayekunni Khaleel, founder of the Bakemart brand, through subsidiary Bikaji Bakes Private Limited. Bikaji transferred a 30% equity stake in BBPL to Khaleel…
Tata Power (TATAPOWER) Shares Drop 4% to ₹349.20 After Court Rejects Challenge to $490 Million Award
Tata Power shares fell nearly 4% to ₹349.20 on Thursday, August 27, 2026, after a Singapore court setback. The Singapore International Commercial Court dismissed all of Tata Power’s challenges to a $490.32 million arbitration award favoring Kleros Capital Partners. The stock opened at ₹359.20, its intraday high, before sliding to a day’s low of ₹348.10. …
Xbox 25th Anniversary Collection Pre-Orders Open With Limited Edition Series X25 Console and Controller
Microsoft opened pre-orders for the Xbox 25th Anniversary Collection on August 27, 2026, at 7 a.m. PDT. The centerpiece Xbox Series X25 Limited Edition console carries an MSRP of $899.99. This translucent OG Green console launches November 13, 2026, exactly matching the original Xbox’s anniversary era. Every unit ships with a unique engraved serial number…
Nvidia (NVDA) Reportedly Agrees to Buy Hugging Face for $12.9 Billion in Major AI Expansion
Nvidia (NVDA) has reportedly agreed to buy AI platform Hugging Face for $12.9 billion, according to reports published on August 27, 2026. The potential deal would give Nvidia greater control over a major hub for open-source AI models and datasets. It also shows that the chip giant is looking beyond GPUs. As competition in AI…
Samsung Affiliates Face 45% Premium Offer for S-1 Stake as Activist Investor Pushes Landmark Deal
Samsung affiliates received a formal buyout offer for their combined stake in S-1 Corp on August 27, 2026. Singapore-based Flashlight Capital Partners proposed acquiring the 20.6% stake at 116,000 won per share. That price represents a 45% premium to Wednesday’s closing price. The deal totals 906.6 billion won, or $655 million, testing South Korea’s revised…