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Pentagon watchdog reveals $3.7B in US military losses from Iranian strikes
Pentagon watchdog report reveals $3.7 billion in equipment losses and damage to US bases in Gulf region from Iranian strikes, including nearly 60 aircraft and hundreds of buildings.
8th Pay Commission Raises DA Hopes: Central Staff Await July 2026 Revision
8th Pay Commission consultations continue across India. Central government employees may receive up to ₹14.10 lakh in arrears and a DA hike from 60% to 63% pending July 2026 announcement.
Singapore Food Agency Ramps Up Cabbage Testing After Formaldehyde Scandal
Singapore Food Agency increases cabbage testing following reports of formaldehyde use in China. The chemical, a known carcinogen, was illegally used to preserve vegetables during transport in Hebei province.
Wendell Berry, Kentucky Author and Agrarian Voice, Dies at 92
Wendell Berry, the Kentucky author and agrarian philosopher who published over 50 books and won the National Humanities Medal, has died at 92. He was a towering voice for sustainable farming and rural life.
Siemens Chief Busch Warns EU on AI Regulation Pace, August 31
Siemens CEO Roland Busch warns the EU that slow AI regulation lets competitors advance faster. He also defends China’s competitiveness and cautions against broad tariffs.
Qantas Ground Crew Vote 97% in Favour of Strike Action on August 31
97% of 350 Qantas ground crew workers voted for strike action over pay and job conditions. No date set yet, but three days notice required before action begins.
US Weighs 7.5% Tariff on China; Switzerland Could Be Hit Too
Washington considers 7.5% additional tariffs on Chinese goods over overcapacity claims. China opposes the move and threatens countermeasures. Switzerland may also face duties.
FTSE 100 Rises 27 Points to 10,820 as Wall Street Tech Rally Boosts Market Sentiment
The FTSE 100 gained 27.62 points, or 0.26%, to 10,820.16 in late-morning trading on Friday, August 28, 2026. The index had touched an early high of 10,844.99 before giving back some gains. A technology-led rally on Wall Street overnight drove the risk-on tone across London markets. Wall Street’s Tech Surge Sets the Tone Nvidia jumped…
Nvidia Guides 70% Growth for Fiscal 2028 After Q2 Revenue Doubles to $96.2B
Nvidia beats Q2 earnings with $96.2B revenue, up 106% YoY. CEO Jensen Huang forecasts 70% fiscal 2028 growth, far exceeding analyst consensus. Data center revenue surges 117% as AI demand accelerates.