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Lloyds Banking App Down on August 19: 2,450 Outage Reports Hit UK Customers
Lloyds Banking Group’s app and online banking went down on August 18, 2026, affecting 2,450+ customers. Services restored by 1pm. Latest outage for the UK banking giant.

Jeanie Buss Contests Family Vote to Sell 17.8% Lakers Stake on August 18
Lakers governor Jeanie Buss contests her siblings’ vote to sell the family’s 17.8% ownership stake to Bob Iger and Josh Kushner, citing a 2017 court ruling that requires co-trustee approval.

Apple iPhone 17 Pro Max Price Drops to ₹1,03,300 in India With ₹9,000 Bank Offer and Exchange Deal
The iPhone 17 Pro Max effective price has dropped sharply in India during Flipkart’s Freedom Sale 2026. The 256GB variant now lists at ₹1,41,900, down ₹8,000 from its ₹1,49,900 launch price. With eligible exchange and bank offers combined, buyers can bring the effective price down to around ₹98,300 to ₹1,03,990. How the iPhone 17 Pro…

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…

Former DBS Chief Gupta Urges Singapore to Take Bigger Risks in Finance
Former DBS CEO Piyush Gupta warns Singapore’s financial sector must resist risk aversion and embrace innovation to stay competitive. He praised recent bold moves like EQDP and suggested exploring SGD-backed stablecoins.

Shrinkflation Scandal: M&M’s Prices Jump 42.5% in Switzerland as Monsieur Prix Condemns Practice
M&M’s prices surge 42.5% at Coop as package size drops from 150g to 125g. Swiss price regulator condemns shrinkflation as legal but unethical practice affecting consumers across Switzerland.

Squishy Toys Spark Global Safety Crisis: Benzene, Burns, and Recalls on August 18
Squishy toy craze turns dangerous as authorities worldwide recall counterfeit versions containing benzene and causing severe burns. Thailand seized 20,000 units; UK and US issue warnings.

British Drones Strike Deep Inside Russia; Wildberries Logistics Hit Hard on August 17
Ukrainian forces have deployed British-made drones in long-range strikes on Russian territory, causing £35bn in damage. Wildberries warehouses repeatedly attacked; merchants relocating stock to avoid losses.

Prichard Colón Dies at 33, 11 Years After Illegal Blows in 2015 Fight
Prichard Colón, a promising Puerto Rican boxer, has died at 33 after spending 11 years in care following a 2015 fight injury that left him with permanent brain damage and a 221-day coma.