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Kowloon Development Names Ngau Chi Wan Project 33 Clear Water Bay on August 7
Kowloon Development names Ngau Chi Wan project 33 Clear Water Bay. 5 towers, 2,000+ units, HK$9.658bn land premium, Phase 1 has 361 units. First sales expected August 2026.
NHK Apologizes for Mishandling Sexual Assault Case, Employee Diagnosed With PTSD
NHK apologizes for denying a sexually assaulted employee’s transfer request for 3+ years, leading to PTSD diagnosis. Investigation committee found the broadcaster’s response inadequate and prioritized procedure over human rights.
Sandoz Jumps 7% on Biosimilar Surge, H1 Revenue Beats Forecast
Sandoz stock rises 7% after H1 2026 earnings beat. Biosimilar sales surged 22%, now 33% of total revenue. CEO sees $650B in patent expirations over next decade.
Trusco Nakayama’s Human Cooler Hits 200 Units Sold Amid Japan Heat Crisis
Trusco Nakayama’s human-sized cooling box sells 200 units in 4 months at 1.5M yen as Japan battles extreme heat. Demand surges in factories, construction sites, and abroad.
FTSE 100 Today: Index Rises 0.19% as Hormuz Hopes Lift UK Stocks, CAC 40 Gains 0.71%
On 6 August 2026, the FTSE 100 rose 0.19% as growing confidence over safer shipping through the Strait of Hormuz lifted sentiment across European markets. France’s CAC 40 added 0.71%, reflecting stronger appetite for equities despite lingering global uncertainty. Company earnings also helped support the market, while easing concerns about energy supplies gave investors another…
Duolingo Stock Drops 9% as Q3 Revenue Guidance Misses Estimates Despite Q2 Earnings Beat
Duolingo shares fell sharply Wednesday, August 5, 2026, despite beating Q2 earnings estimates. The stock dropped as much as 12% in after-hours trading, sliding to $119.25. Weak third-quarter revenue guidance overshadowed otherwise strong second-quarter results. Investors focused on Duolingo’s cautious outlook rather than its double beat on revenue and profit. Duolingo Q2 2026 Earnings: Revenue…
PB Fintech (NSE: POLICYBZR) Jumps 3% After Q1 Profit Soars 92% YoY, Insurance Reaches ₹8,732 Crore
On 6 August 2026, PB Fintech (NSE: POLICYBZR) drew investor interest after reporting strong Q1 FY27 earnings. The company posted a 92% year-on-year increase in net profit to ₹163 crore, while total insurance premium climbed to ₹8,732 crore. The figures point to steady demand across its digital platforms. Following the results, the stock rose nearly…
Diageo (LON: DGE) Unveils $1 Billion Cost-Cutting Plan as Operating Profit Drops 27.2% Despite $19.64 Billion Sales
On 6 August 2026, Diageo (LON: DGE) announced a $1 billion cost-cutting plan after reporting a 27.2% fall in operating profit, even though annual sales reached $19.64 billion. The world’s largest spirits company is dealing with weaker demand for premium drinks across several major markets, prompting a fresh approach to its business. Even with lower…
Carnival Crew Allege $2.75 Pay, 14-Hour Days in ABC Investigation
ABC News investigation reveals Carnival cruise crew allegations of $2.75 hourly pay, 14-hour workdays, and poor conditions on Australian ships. Carnival disputes claims and says vessels comply with maritime standards.