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Australia’s New 30% Capital Gains Tax Hits Low-Income Earners From July 2027
Australia’s capital gains tax overhaul from July 2027 replaces the 50% discount with inflation indexing and a 30% minimum tax rate, affecting property and share investors.
Tesla Stock Rises on SpaceX Merger Buzz; RBC Lifts Target to $500—July 8
Tesla stock rises on SpaceX merger speculation. RBC raises price target to $500 with 24% upside. JPMorgan flags China regulatory risks as key hurdle.
FTSE 100 Plunges 1.7% on July 8 as Trump Ends Iran Deal
FTSE 100 fell 1.7% to 10,489 points on July 8 after Trump ended Iran ceasefire talks. Oil jumped 5.4%, energy stocks rose, but miners and financials fell amid geopolitical uncertainty.
Air Canada Names Anko Van der Werff as New CEO on July 8, 2026
Air Canada names Anko Van der Werff, Scandinavian Airlines CEO with 25 years of aviation experience and fluency in French, as new leader starting January 2027.
Rocket Lab Stock Jumps on $8B Iridium Deal and Morgan Stanley Bull Case—July 8
Rocket Lab to buy Iridium for $8B. Morgan Stanley sets bull target at $293. RKLB stock down 17% this week but up 115% over 12 months. Deal closes mid-2027.
Kalyan Jewellers Stock Bounces 5% on Citi Buy Rating Despite Q1 Miss
Kalyan Jewellers stock rebounds 5% to ₹374 on Citi’s Buy rating and ₹750 price target, signaling 111% upside despite Q1 revenue missing forecasts. Meyka grades the stock B+.
Swiss Doctors Threaten Strike Over New Salary Cap Starting January 2027
Swiss doctors threaten strike over new billing cap limiting them to 1,577 points per day starting January 2027. The measure aims to control healthcare costs.
Bank of Canada Holds Rates at 2.25% Ahead of July 15 Decision
Bank of Canada holds key rate at 2.25% as it faces conflicting economic signals. Rate decision expected July 15 amid Middle East tensions and trade uncertainty.
Australian Woman Arrested in US for Illegal Voting in 2022 and 2024 Elections
Australian woman Denise Nataly Migliore arrested after allegedly voting illegally in US federal elections by falsely claiming citizenship. Faces up to 5 years in prison and $250,000 fine.