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Intact Financial Corp. Reports Lower Q2 Profit as Insurance Revenue Increases
On July 28, 2026, Intact Financial Corp. reported lower second-quarter profit even though insurance revenue continued to rise. Higher premium income was not enough to offset increased catastrophe losses and rising claims costs. Investors are paying closer attention to profitability rather than revenue growth alone as the insurer deals with a more challenging claims environment. …
American Airlines Technology Outage Triggers Flight Delays at Miami and Fort Lauderdale
American Airlines grounded flights nationwide Tuesday evening, July 28, 2026, after a technology issue disrupted its operational systems. The FAA issued an advisory holding all American Airlines flights not already airborne. Miami International and Fort Lauderdale-Hollywood International airports bore the brunt of the disruption. American Airlines confirmed the ground stop on social media, saying its…
Interfor Shifts HQ to Georgia as Tariffs Squeeze Canadian Lumber
Interfor moves corporate operations from Burnaby, BC to Georgia office as U.S. softwood lumber tariffs and weak market conditions force strategic restructuring of Canada’s largest lumber company.
Nathan Cleary Set to Sign with Penrith Before November 1 Deadline
Penrith Panthers halfback Nathan Cleary is expected to sign a new contract before November 1, 2026, with the club very confident of retaining their star co-captain and Wally Lewis Medallist.
Angus Taylor Named in ICAC Corruption Probe Over $15K Reformers Donation
Angus Taylor named in ICAC corruption probe over alleged $15K donation to NSW Liberal Reformers faction. Text messages shown at inquiry reference ‘shakedown’ for funds. Taylor not accused of wrongdoing.
FTSE 100 Rises 0.22% as Markets Recover From Chip Sell-Off, Middle East Risks Persist
On July 28, 2026, the FTSE 100 advanced 0.22%, bouncing back after a sharp global sell-off in semiconductor stocks unsettled investors earlier in the week. Strong corporate earnings and bargain buying helped support the UK’s benchmark index, while tensions in the Middle East continued to keep traders cautious. Investors are weighing encouraging company results against…
10Y Treasury ~4.62% as Oil Slides; Yield Curve Holds Positive Slope (30Y ~5.11%)
The 10-year Treasury yield eased to roughly 4.62% on July 28, 2026, pulling back from last week’s highs. Brent crude fell to $86.58 a barrel, down 1.54% on the day, as hopes grew for renewed US-Iran talks. The 30-year Treasury yield slipped to 5.111%, while the 2-year fell to 4.301%. Despite the pullback, the Treasury…
Barclays (LSE: BARC) H1 Profit Jumps 17% to £6.1B as Investment Banking Revenue Surges
Barclays posted pre-tax profit of £6.1 billion for the first half of 2026. That marks a 17% jump from £5.2 billion a year earlier. The result beat analyst forecasts of £5.9 billion comfortably. Investment banking income climbed 11% to £8 billion, driven by stronger trading and deal activity. Barclays Delivers Stronger-Than-Expected H1 Results Barclays (NYSE:…
ABC Investigation Finds Chinese Tomatoes Mislabeled as Australian in Leggo’s, Coles Products
ABC investigation reveals Leggo’s, Coles, and Aldi sold Chinese-grown tomatoes labeled as Australian or Italian. Forensic testing by Source Certain found Xinjiang origins in some products.