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Aldi Worker Ordered to Pay $1,230 After AI-Generated Unfair Dismissal Claim Fails
Sydney Aldi worker ordered to pay $1,230 in legal costs after Fair Work rejected his AI-generated unfair dismissal claim. He was dismissed three days short of the six-month eligibility threshold.

Trump Pauses 50% Tariffs on Canadian Goods for Three Days as U.S.-Canada Trade Deal Nears
President Donald Trump paused threatened 50% tariffs on Canadian goods late Tuesday, hours before they were set to take effect. The tariffs would have covered roughly $20 billion in Canadian imports. Trump cited progress toward finalizing a broader trade deal with Canada. The postponement runs through the end of the day on August 21, 2026,…

AirTag Tracking Exposes Amazon’s Secret Book Destruction for AI Training
Journalists tracked a rare book shipment with an AirTag to Amazon’s Las Vegas facility, confirming the company destroys books after scanning them to train AI models. The discovery raises questions about data sourcing ethics in the AI boom.

Indo-MIM Shares Rally 10% as Q1 Growth and 11% Drop in Raw Material Costs Boost Sentiment
Indo-MIM shares hit a 10% upper circuit on August 18, 2026, touching an all-time high of ₹951.30. The rally followed Q1 FY27 results showing 31.63% profit growth. Raw material costs fell 10.9% year-on-year, giving margins a clear boost. The stock now trades 96% above its ₹485 IPO issue price. Indo-MIM Q1 FY27 Profit and Revenue…

Shrinkflation Scandal: M&M’s Prices Jump 42.5% in Switzerland as Monsieur Prix Condemns Practice
M&M’s prices surge 42.5% at Coop as package size drops from 150g to 125g. Swiss price regulator condemns shrinkflation as legal but unethical practice affecting consumers across Switzerland.

Squishy Toys Spark Global Safety Crisis: Benzene, Burns, and Recalls on August 18
Squishy toy craze turns dangerous as authorities worldwide recall counterfeit versions containing benzene and causing severe burns. Thailand seized 20,000 units; UK and US issue warnings.

FTSE 100 Today: Index Rises 0.26% as US Retail Sales Fall 0.6%, Easing Fed Rate-Hike Bets
The FTSE 100 today rose 0.26% on August 17, 2026, after weaker US consumer data reduced concerns about another Federal Reserve rate hike. US retail sales fell 0.6% in July, well below the expected 0.1% increase. It was also the steepest monthly decline since May 2025. The weaker figures pushed the dollar and Treasury yields…

Gina Rinehart’s $1.4B SpaceX Bet Signals Billionaire Confidence in Musk
Gina Rinehart, Australia’s richest person, holds 8 million SpaceX shares worth $1.4 billion, making it her largest US investment. Her US portfolio surged from $3.3 billion to $5.7 billion in six months.

Vedanta Ltd Rises 0.71%: Promoter Pledges, Open-Market Buys and Asset Strategy in Focus
Vedanta Ltd shares rose 0.71% on August 17, 2026, as investors tracked fresh developments around promoter funding and the group’s asset strategy. Promoters are reportedly looking to raise ₹2,000-3,000 crore to increase stakes in select recently listed businesses through open-market purchases. The plan has also put Vedanta’s share pledges and financing arrangements under closer watch….