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Cathay Pacific Crew’s Radio Error Led to NATO Jet Interception Over Romania
Investigation reveals Cathay Pacific pilots selected wrong radio frequency on July 4 flight, triggering NATO interception. Crew mistakenly responded to instructions meant for another aircraft.
Canada’s Fuel Excise Tax Set to Return Sept. 7; Poilievre Pushes Extension to 2027
Poilievre urges Carney to extend Canada’s fuel excise tax pause until Canada Day 2027. The 10-cent-per-litre break expires Sept. 7. Gas prices up 25.7% year-over-year.
West Bengal Annapurna Yojana: 1.45 Crore Women Get ₹3,000 as 17 Lakh Apps Rejected
West Bengal starts Annapurna Yojana August payments to 1.45 crore women. 17 lakh applications rejected over Aadhaar issues. Rejected applicants can reapply from August 20.
Bond Rout Sends Long-Term Borrowing Costs to Highest Level in Decades
Long-term borrowing costs rose across major economies on August 18, 2026, as investors sold government bonds amid renewed inflation and fiscal concerns. The 30-year US Treasury yield climbed to 5.326%, its highest level since 2007, while Japan’s 10-year yield reached a near 30-year high of 2.945%. The global bond rout is raising concerns about government…
Nike Stock Drops 4% to 12-Year Low Below $40 as Downgrades and Weak Sales Raise Turnaround Risks
Nike stock faced fresh selling pressure on August 17, 2026, falling about 4% and moving below the $40 mark. The shares touched around $38.85, their lowest level since 2014. Weak sales, softer footwear demand, and new analyst downgrades have added to concerns about Nike’s turnaround. Investors are now watching to see whether the sportswear giant…
Actor Shinoyama Akianobu Wins ¥2.06M in Entertainment Industry Contract Case
Actor Shinoyama Akianobu wins ¥2.06M lawsuit against talent agency over unpaid consumption tax on performance fees. Tokyo court rules agency violated contract terms.
FTSE 100 Today: Index Rises 0.26% as US Retail Sales Fall 0.6%, Easing Fed Rate-Hike Bets
The FTSE 100 today rose 0.26% on August 17, 2026, after weaker US consumer data reduced concerns about another Federal Reserve rate hike. US retail sales fell 0.6% in July, well below the expected 0.1% increase. It was also the steepest monthly decline since May 2025. The weaker figures pushed the dollar and Treasury yields…
Cochin Shipyard Q1: Revenue Rises 2.4% to ₹1,094 Crore, PAT Falls 19.4%
Cochin Shipyard reported mixed Q1 FY27 results on August 14, 2026. Consolidated revenue from operations rose 2.40% year-on-year to ₹1,094.21 crore, up from ₹1,068.59 crore. Net profit, however, declined 19.36% to ₹151.45 crore against ₹187.82 crore a year earlier. A sharp fall in ship repair income drove the profit decline despite steady topline growth. Cochin…
SpaceX Launches Two Falcon 9 Rockets 38 Minutes Apart, Sets Record
SpaceX launches two Falcon 9 rockets 38 minutes apart from Florida and California on August 15, setting a new company record for shortest gap between orbital missions.