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CPSC Demands Hospital ER Records Without Legal Notice, Privacy Experts Warn July 28
The CPSC is demanding hospitals share detailed ER records including names and diagnoses with contractor Konza Health, raising privacy and legal authority concerns. The agency skipped required public notice.
Harvey Norman Copped $35M Fine Over Misleading Ads on July 29
Harvey Norman ordered to pay $35 million penalty after Federal Court found its 60-month interest-free ads masked mandatory credit card fees. Latitude Financial pays $20 million. Combined $55 million is ASIC’s record for misleading financial product marketing.
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…
FDA Issues Class II Recall for Subpotent Levothyroxine Tablets on July 28
Major Pharmaceuticals recalls levothyroxine sodium tablets nationwide due to subpotency. The FDA classified it as a Class II recall on July 17. Affected patients should consult their doctor and return medication to the pharmacy.
Hindustan Unilever (NSE: HINDUNILVR) Shares Sink 6% Despite 10% Revenue Growth in Q1 FY27
On July 28, 2026, Hindustan Unilever Ltd. (NSE: HINDUNILVR) reported a 10% year-over-year increase in revenue for the first quarter of FY27, delivering one of its strongest quarterly sales performances in recent years. Even so, the stock slipped nearly 6% as investors looked past the top-line growth and focused on lower profit and pressure on…
Infosys, TCS, Coforge Lead NIFTY IT 4% Higher as Investors Return to Beaten-Down Tech Stocks
The NIFTY IT index surged as much as 3.85% on Tuesday, July 28, 2026, with all 10 constituent stocks trading higher. Coforge led the rally, jumping 9.26% to ₹1,670.00 after reporting stronger-than-expected quarterly results. Infosys gained 3.28% to ₹1,114.60, while TCS, Tech Mahindra, and HCLTech also posted solid gains. The index has now rallied 13%…
New Zealand Shares Unchanged While Asian Equities Retreat on Semiconductor Stock Sell-Off
On July 28, 2026, New Zealand shares held steady while most Asian stock markets slipped during a broad semiconductor sell-off. Sharp declines in major chipmakers across Japan, South Korea, and Taiwan weakened investor sentiment and renewed concerns about technology stock valuations. Even as regional markets struggled, New Zealand remained relatively stable. So, what helped the…
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.
Tata Power Q1 Earnings in Focus as Market Awaits FY27 First-Quarter Results
Tata Power is set to report its Q1 FY27 earnings for the quarter ended June 30, 2026. Investors are watching closely to see how the company performed and whether it remains on track with its expansion plans. The quarterly results are expected to provide updates on renewable energy growth, electricity demand, and capital spending. As…