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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.
Melbourne Man Charged After Stabbing Mother, Punching Boy With Brain Cancer on August 26
27-year-old Jerry Sowood charged with stabbing a mother and punching her 10-year-old son with brain cancer outside Melbourne police HQ. Both victims survived; he remains in custody.
Nvidia Guides 70% Growth for Fiscal 2028 After Q2 Revenue Doubles to $96.2B
Nvidia beats Q2 earnings with $96.2B revenue, up 106% YoY. CEO Jensen Huang forecasts 70% fiscal 2028 growth, far exceeding analyst consensus. Data center revenue surges 117% as AI demand accelerates.
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.
AstraZeneca (AZN) and Amgen’s Tezspire Succeeds in Late-Stage Oesophagus Disease Trial
AstraZeneca said Thursday its drug Tezspire met all primary and secondary goals in a late-stage trial. The Phase III CROSSING trial tested Tezspire against placebo in eosinophilic oesophagitis (EoE). AstraZeneca developed the drug jointly with Amgen for this chronic inflammatory oesophagus condition. What the CROSSING Trial Showed The Phase III CROSSING trial evaluated two once-every-four-week…
Shein Sets Hong Kong IPO Price at HK$48.56, Valuing Fast-Fashion Giant at $26.5 Billion
Shein will price its Hong Kong IPO at HK$48.56 per share, people familiar with the matter said Thursday. The price sits near the midpoint of its HK$47.60 to HK$49.50 marketed range. The deal values Shein at roughly $26.5 billion, confirming weeks of investor pushback on valuation. Final Pricing Details Shein’s pricing will raise approximately HK$13.6…
Nvidia Beats Q2 Targets With $96.2B Revenue, Stock Falls 1.6% on August 27
Nvidia beat Q2 earnings with $96.2B revenue and $2.22 adjusted EPS, but stock fell 1.6%. Q3 guidance of $108B signals strong AI chip demand ahead.
Australia Ends Higher Private Health Rebate for Over-65s From April 2027
Australia scraps higher private health insurance rebate for over-65s from April 2027. Government to save $730m-$940m yearly. Health economists back the policy change.
Bitcoin Price Holds Near $79,000 as U.S. Crypto Regulations and Middle East Conflict Stay in Focus
Bitcoin closed at $79,027 on August 26, 2026, up 0.59% for the session. The price recovered from a brief dip triggered by a hotter-than-expected US inflation reading. Bitcoin had pushed above $80,000 earlier in the week before pulling back on profit-taking. Ongoing Middle East tensions and pending US crypto legislation continue shaping near-term sentiment. Why…