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Costco Canada Recalls Alfa Croissants Over Mould Risk on August 5
Costco Canada recalls Alfa Croissants 24-packs due to mould risk in lot codes 10726 and 08626. Affected products sold June-July 2026 at Costco Business Centres. Full refunds available.
Ola Electric Shares Surge 10% as 20 GWh Battery Energy Storage Partnership With Axis Energy Boosts Growth
On August 5, 2026, Ola Electric shares climbed nearly 10% after the company announced a partnership with Axis Energy to deploy up to 20 GWh of Battery Energy Storage Systems (BESS) by 2032. The agreement takes Ola into India’s fast-growing utility-scale energy storage business, expanding its focus beyond electric scooters. With demand for renewable energy…
Suncor Energy Inc. Reports C$3.7 Billion Profit on Strong Refining Performance
On August 4, 2026, Suncor Energy Inc. reported a quarterly profit of C$3.7 billion, beating market expectations even as oil production declined. The company’s refining business delivered record results and made up for maintenance-related disruptions at its oil sands operations. The quarter showed how strong refining margins can support earnings when upstream production slows. So,…
Polymarket Targets $20 Billion Valuation in New $1 Billion Funding Round
Polymarket is in early talks to raise about $1 billion at a valuation exceeding $20 billion, Bloomberg reported on August 4, 2026. The prediction market platform closed its previous round in April at a $15 billion valuation, backed partly by a $600 million investment from Intercontinental Exchange, parent of the New York Stock Exchange. The…
Taiwan Launches Major Raids in High-Tech Talent Recruitment Investigation
On August 5, 2026, Taiwan began one of its largest investigations into suspected illegal recruitment of high-tech professionals by Chinese companies. Authorities searched dozens of locations and questioned more than 100 people during a nationwide operation. The action comes as Taiwan steps up efforts to protect its semiconductor expertise, one of the country’s strongest economic…
Singapore Airlines Engineer Wins A$41,203 After Unfair Dismissal Over 17-Minute Delay
Brisbane engineer Mohammad Israfel Khan wins A$41,203 in unfair dismissal case after Singapore Airlines A350 delay. Fair Work Commission finds dismissal lacked procedural fairness and serious misconduct unproven.
Arashi Inc. Donates ¥50 Million to Kumamoto Earthquake Relief on August 4
Arashi Inc. donated ¥50 million to Kumamoto earthquake relief on August 4, 2026. The group’s corporate entity continues its pattern of large-scale disaster philanthropy following the July 28 earthquake.
KEI Industries (NSE: KEI) Surges 8% After Q1 Profit Jumps 40% YoY; Domestic Wires & Cables Business Grows 29%
KEI Industries shares surged 8% on the NSE after strong Q1 FY27 results were announced on August 3, 2026. Net profit jumped 40% year-on-year to ₹274 crore for the quarter ended June 30, 2026. The domestic wires and cables segment grew 29% during the period. Strong margins and steady domestic demand drove this sharp rally….
Palantir (NASDAQ: PLTR) Soars 15% After Q2 Revenue Jumps 93% to $1.94B; Raises 2026 Outlook to $8.15B
On August 4, 2026, Palantir Technologies drew strong attention from Wall Street after releasing another impressive quarterly report. The AI software company reported Q2 revenue of $1.94 billion, a 93% increase from the same quarter last year, and raised its 2026 revenue forecast to $8.15 billion. The results pushed Palantir (NASDAQ: PLTR) shares up about…