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Victoria’s Pothole Crisis: Labor Deploys Prisoners to Fix 500,000 Roads by January
Victoria’s Labor government will deploy minimum-security prisoners to fix potholes as part of a $354 million road maintenance plan targeting 500,000 repairs by January 2027.

US Strikes Iran’s Larak Island; Tehran Retaliates With Missile Attacks on Jordan Bases
US forces struck Iranian launchers on Larak Island on August 30 to prevent sea mine placement in the Strait of Hormuz. Iran retaliated with missile attacks on US bases in Jordan; all incoming missiles were intercepted.

Grand Canyon Flash Flood Closes Phantom Ranch; 15 Unaccounted For on August 30
Flash flooding at Grand Canyon National Park on August 29 evacuated 62 people from Phantom Ranch and closed trails indefinitely. About 15 remain unaccounted for as search efforts continue.

King Harald V of Norway Dies at 89 After 35 Years on Throne
King Harald V of Norway, Europe’s oldest reigning monarch, dies at 89 after 35 years on the throne. His son Haakon VIII succeeds him amid family controversies.

Autodesk (ADSK) Stock Falls 4% Despite Q2 Earnings Beat as Fiscal 2027 Guidance Disappoints
Autodesk (ADSK) stock fell about 4% on August 28, 2026, even after the company beat Wall Street estimates in its fiscal second-quarter results. Autodesk posted $2.05 billion in revenue and $3.30 in adjusted EPS, both above expectations. Investors quickly turned their attention to the fiscal 2027 outlook. The strong Q2 numbers were not enough to…

Oil Flows Through Strait of Hormuz Recover to Two-Thirds of Pre-War Levels, Goldman Sachs Says
Goldman Sachs said Thursday that oil flows through the Strait of Hormuz have recovered to roughly two-thirds of pre-war levels. Total Gulf exports of crude and oil products have climbed to 15 million to 16 million barrels per day. Goldman Sachs said the recovery is limiting the Iran war’s overall impact on global crude prices….

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…

IT Stocks Rally: NIFTY IT Jumps 3% as TCS Gains 3.6%, Infosys 2.8% on Salesforce Boost
IT stocks staged a sharp rally on August 28, 2026, pushing the NIFTY IT index up around 3%. TCS shares gained 3.6%, while Infosys rose 2.8% as strong global technology cues lifted investor sentiment. The move came after strong results from Salesforce and Nvidia, which renewed optimism around software, AI and enterprise technology spending. The…

Nvidia Agrees to Buy Hugging Face for $12.9 Billion in AI Platform Push
Nvidia to acquire Hugging Face for $12.9 billion, consolidating control over open-source AI model distribution. The deal strengthens Nvidia’s position as major tech firms build competing chips.