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Corus Entertainment Cuts More Jobs at Global News and Radio on August 21
Corus Entertainment confirms fresh layoffs at Global B.C., Global National, News 640, and talk radio. Q3 revenue fell 16% and the company posted a $36.5M net loss.

Alibaba (BABA, 9988.HK) Stock Falls 3% to HK$125 After Profit Plunges 76%
Alibaba shares fell 3% to HK$125 on Friday after quarterly net income plunged 76%. Net income attributable to shareholders dropped to RMB10.54 billion from RMB43.12 billion a year earlier. Revenue still rose 9% to RMB268.95 billion, beating consensus estimates. The gap between growth and profit came from a sharp jump in AI spending. Investors weighed…

Gold Price Today: MCX Gold Jumps to ₹1,60,250. Why Gold Is Rising as Dollar Weakens, Fed Bets Shift
MCX gold price rose 0.52% to ₹1,60,250 on August 21, 2026, supported by a weaker dollar and falling US yields. September silver futures declined 1.02% to ₹2,45,736 on the same session. Healthy spot market demand and positive global cues drove bullion higher today. Brent crude slipped 0.27% to $93.52 a barrel, adding further support to…

UK Stock Market Today: FTSE 100 Falls 0.27% to 10,714.38, Eyes 10,750 Open as Oil Stays Above $91
The UK stock market slipped Thursday, with the FTSE 100 trading around 10,713 points, down roughly 0.3% from Wednesday’s close of 10,743.35. The decline snapped a brief rebound after Wednesday’s 0.14% gain ended a six-session losing streak. Brent crude held above $91 a barrel, adding pressure on rate-sensitive sectors. JD Sports Fashion led individual losses…

Trump’s BBC Defamation Case Gets New Judge Nominated by Trump
Trump’s $10 billion BBC defamation case over a Panorama edit gets a new judge: Jeffrey Kuntz, nominated by Trump in April and confirmed by the Senate last month. Trial set for February 2027.

Carnival Breeze Drops to 86 on CDC Sanitation Inspection After Perfect 100 Score
Carnival Breeze scored 86 on CDC sanitation inspection in May 2026, down from 100 in January. The ship is among seven lowest-scoring vessels in 2026 CDC data. Carnival stock trades at $27.27 with a Meyka B+ grade.

H.G. Infra Engineering (NSE: HGINFRA) Shares Soar 10.8% to ₹562.45 After Winning REC Power Order
H.G. Infra Engineering shares surged 10.8% to ₹562.45 on Wednesday, August 19, 2026. The rally followed a Letter of Intent from REC Power Development and Consultancy Limited. The order covers the construction of two AIS substations in Uttar Pradesh. This marks H.G. Infra Engineering’s continued push into India’s power transmission sector, beyond its traditional roads…

UK Culture Secretary Attacks Rugby League World Cup Paywall on August 19
Premier Sports wins exclusive UK broadcast rights for October’s Rugby League World Cup. Culture Secretary Lisa Nandy criticizes paywall, urges free-to-air deal as BBC opts out.

Ausgold Jumps on $776M Takeover as Oil Tops $90 and ASX 200 Stays Flat
Ausgold shares surged on August 18, 2026, after OceanaGold agreed to acquire the company in a A$776 million deal. The offer values Ausgold at A$1.36 per share, a 28% premium to its last close. Brent crude climbed 2.3% to US$90.52 a barrel the same day. The ASX 200 finished flat at 9,070 points, down just…