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Oil Choke Points Widen as Hormuz Attacks Surge: Brent Hits $100
Oil prices surge past $100 as attacks on tankers in Hormuz, Red Sea, and Black Sea disrupt shipping. Brent crude up 30% in July. Vulnerable economies face $20bn annual import cost rise.
Australia’s 13 Million Spare Bedrooms Could Ease Housing Crisis if Pension Rules Change
Australia’s census on August 11 will update the count of 13 million spare bedrooms. Experts say changing pension rules could unlock rental supply and ease housing affordability.
Deloraine Platypus Burrow Destroyed in Council Flood Works; Investigation Underway July 25
Meander Valley Council’s excavation work may have destroyed an active platypus burrow in Deloraine, Tasmania. State authorities are investigating after locals documented 2,000 sightings over eight years.
Super El Niño Could Hit Record Strength in 2026, Reshaping US Weather
National Weather Service forecasts 81% chance of record-strength Super El Niño in 2026, potentially reshaping US weather patterns through spring 2027 and raising global temperature records.
Australia’s New 30% Capital Gains Tax Hits Retirees From July 2027
Australia’s new capital gains tax reform cuts the 50% CGT discount and imposes a 30% minimum tax rate from July 1, 2027. Retirees and investors should realise gains before the deadline to save tax.
discoverIE Group (LSE: DSCV) Shares Soar 12% as Strong Q1 Orders and Sales Beat Expectations
discoverIE Group shares jumped 12% on Friday, July 24, 2026, after a strong Q1 trading update. Group orders rose 31% organically, while sales climbed 6% organically. The book-to-bill ratio stood at 1.15, signaling robust future demand. Shares moved from around 685p to near 767p following the announcement. Full-year adjusted earnings are now tracking ahead of…
Intel Stock Soars After Fastest Revenue Growth in Nearly 15 Years
Intel stock surged after the chipmaker posted its strongest quarterly revenue growth in more than 15 years. Second-quarter 2026 revenue reached $16.1 billion, up 25% year-over-year, crushing the $14.42 billion consensus estimate. Adjusted earnings per share came in at 42 cents, doubling Wall Street’s 21-cent forecast. Intel stock initially jumped 13% in after-hours trading Thursday…
EPFO Warns Against Shifting Provident Fund Savings Into Mutual Funds
EPFO issued a clear advisory on Thursday, July 23, 2026, urging employees not to withdraw provident fund savings solely to invest in mutual funds. The retirement body stated that EPF and mutual funds serve fundamentally different financial goals. Posting on social media platform X, EPFO used the tagline “EPF is enough for the wise” to…
IndiGo Shares Fall Over 2% as Weak Q1 Earnings Weigh on Sentiment
IndiGo shares declined over 2% in early Friday trading on July 24, 2026. InterGlobe Aviation, the airline’s parent company, swung to a net loss of ₹237.6 crore in Q1 FY27. That compares sharply with a net profit of ₹2,176.3 crore in the same quarter last year. Rising fuel costs and surging crude prices above $100…