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Netflix Pays $500M for Walking Dead Rights Through 2031, Expands to New Territories
Netflix pays AMC Global Media $500 million for five-year streaming rights to The Walking Dead and six spinoffs across new territories including UK, Italy, Australia, and New Zealand.
ASX Midday Market Wrap: BHP Gains, CSL Extends Losses
On July 31, 2026, the Australian share market traded higher in midday trading as gains in mining stocks balanced weakness in the healthcare sector. The ASX 200 moved into positive territory, with BHP providing much of the support while CSL extended its recent decline. Investors were also assessing corporate earnings, commodity prices, and overseas market…
Interest Rates Held at 3.75% as Bank of England Signals Possible Hike
On July 31, 2026, the Bank of England kept its benchmark interest rate at 3.75%, choosing to wait for more evidence that inflation is moving back to target. While price pressures have eased in recent months, the decision was not unanimous. Several policymakers argued that borrowing costs should increase if inflation starts to climb again….
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.
Amazon Stock Jumps After Company Raises 2026 Capex to $220 Billion
On July 31, 2026, Amazon shares climbed after the company announced plans to increase its 2026 capital spending to $220 billion, reflecting a larger commitment to artificial intelligence and cloud infrastructure. The announcement came alongside stronger-than-expected quarterly earnings and solid growth in Amazon Web Services (AWS), easing investor concerns about higher spending. With competition in…
US Missile Costs Hit $40M Per Shot as Iran War Bill Soars to $53.6B
US Defense Secretary Pete Hegseth puts Iran war costs at $53.6 billion AUD, driven by expensive missile interceptors costing $40 million each. Pentagon has used over 100 SM-3 missiles in five months.
UEFA Threatens World Cup Boycott as Infantino Pushes $20B Private Equity Deal
UEFA and 55 European nations vote to boycott FIFA competitions over Infantino’s plan to sell World Cup stakes to private equity. The $20 billion deal faces global resistance.
UEFA Vows World Cup Boycott Over FIFA’s $20B Private Equity Sale Plan
UEFA and 55 European nations threaten to boycott the World Cup and all FIFA competitions if FIFA proceeds with selling a 20% stake in World Cup commercial operations to private equity investors. Concacaf also rejected the plan.
BMW Plans 8,000 Job Cuts by End of 2027 Amid China Slump
BMW to cut 8,000 jobs by end-2027 via voluntary redundancy program. Move targets admin and R&D roles in Germany as China sales plunge 30% and competition intensifies.