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BAE’s Brontanax Drone to Use US Engine After Rolls-Royce Pricing Row
BAE Systems’ Brontanax autonomous drone will use Williams International engine after pricing dispute with Rolls-Royce over its Orpheus demonstrator. Over 70 UK firms involved but Rolls-Royce excluded.

Trump Blasts Ally Pirro as Reflecting Pool Case Collapses on August 1
Trump attacks Jeanine Pirro after she drops charges against Olympian David Hearn in Lincoln Memorial Reflecting Pool case. DOJ admits contractor error, not vandalism.

Pentagon General Warns He Lacks Forces to Defend Israel Amid Iran Conflict
U.S. European Command chief warns Pentagon he lacks sufficient naval forces to defend Israel from Iran without additional destroyer support amid escalating Middle East tensions.

IAG Trims 2026 Capacity as Fuel Costs Bite; Shares Fall 1.6%
IAG cuts 2026 capacity outlook to flat after 16% Q2 profit drop from fuel costs and Middle East conflict. Shares fall 1.6%. Fuel bill forecast eased to €8.3-8.6bn.

Netflix Mountaineer Nirmal Purja Missing After Broad Peak Avalanche Kills Four
Nirmal Purja, the Netflix mountaineer who holds the record for fastest ascent of the world’s 14 highest peaks, is among six climbers missing after an avalanche on Broad Peak in Pakistan killed four on July 31, 2026.

FIFA’s $4.2B World Cup Sale Plan Sparks UEFA Boycott Threat on August 1
FIFA plans to sell a minority stake in a World Cup subsidiary for $4.2 billion, but UEFA threatens boycott. Senior FIFA advisor Carlos Cordeiro resigns in protest on July 31.

IOC Launches 10kg Indane XtraLite Cylinder With 4-Hour Delivery on July 31
Indian Oil launches Indane XtraLite Now, a 10kg composite LPG cylinder with 4-hour express delivery. New LPG rules effective August 1 require e-KYC and limit PMUY subsidies to Rs 300 per cylinder for first four refills yearly.

Sony Group Corp. Reports 32% Profit Growth Despite Earthquake Disruptions
On July 31, 2026, Sony Group Corp. reported a 32% increase in quarterly profit, even after a powerful earthquake in Japan disrupted some of its operations earlier in the week. Strong results from its PlayStation, music, and imaging businesses helped offset temporary issues at several semiconductor facilities. The better-than-expected earnings also led Sony to raise…

Mammut Sold to Chinese Firm CPE for Up to €500M on July 31
Chinese investment firm CPE acquires Swiss outdoor brand Mammut from Jacobs Capital for up to €500 million. Headquarters remain in Aargau; CEO Heiko Schäfer stays in place.