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Pentagon Awards $560M Loan to Sunrise Energy for World’s First Scandium Mine in NSW
Pentagon invests $560 million in Sunrise Energy Metals’ Syerston Scandium Project in NSW to counter China’s control of rare earth supply. Project targets aerospace and defence demand.
US Intelligence Warns Putin Could Test NATO With Limited Attack By 2029
US intelligence warns Putin may test NATO with limited attack or cyberattack between 2026 and 2029. Poland, Baltics at highest risk. NATO says it is ready to defend.
Lufthansa 747 Diverts to Congo After Cabin Odor; Stock Falls 2.5%
Lufthansa Boeing 747-8 with 363 passengers diverts to Congo after cabin odor. Emergency landing in Brazzaville on August 7, 2026. Stock drops 2.5% to €8.34.
Mondelez Launches KFC Oreo Ghost Candy as Viral Strategy Drives August 7 Growth
Mondelez launches KFC fried chicken Oreos in China and Oreo ghost candy at Walmart this fall, driving earned media and brand momentum as the snack giant battles grocery store competition.
Burger King Retakes No. 2 Spot With 8.5% Sales Surge on August 7
Burger King surpasses Wendy’s as the No. 2 U.S. burger chain with 8.5% Q2 sales growth. Parent company QSR stock rises on strong turnaround execution and Whopper sales surge.
Eclipse Glasses Sell Out in Switzerland as August 12 Event Nears
Swiss opticians report eclipse glasses sold out before August 12 solar eclipse. Protective eyewear costs 5-6 francs and is critical to prevent retina damage, according to Swiss health authorities.
Saints Rookie Brock Rechsteiner Suspended 6 Games Before NFL Debut
New Orleans Saints rookie WR Brock Rechsteiner suspended 6 games by NFL on August 6, 2026. Son of WWE Hall of Famer Scott Steiner faces uncertain roster future.
Goodwin Mulls Sale of Defence Engineering Division Supplying Submarine and Warship Components
On August 7, 2026, British engineering company Goodwin confirmed it is reviewing options for its defence engineering division, including the possible sale of a substantial part of the business. The division supplies critical components for UK and U.S. submarines and warships, making the announcement one of the most closely watched developments in the defence sector….
Asian Shares Mixed as Nikkei 225 Falls 0.3%, Shanghai Gains 0.8%, Oil Rises Over 1%
On August 7, 2026, Asian stock markets ended the session with mixed results as investors responded to fresh economic data from across the region. Japan’s Nikkei 225 fell 0.3%, while China’s Shanghai Composite rose 0.8%, helped by improving confidence in Chinese stocks. At the same time, oil prices climbed more than 1%, adding to concerns…