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CBA Shifts 9M Customers to Virgin Rewards as Qantas Points Lose Value
Commonwealth Bank relaunches loyalty program with Yello points on October 1, favoring Virgin Velocity over Qantas. 9 million customers now earn points on home loans, savings, and insurance alongside credit cards.
CSL Shares Jump 17% After FY26 Reset; Meyka Grades Stock B on August 19
CSL shares jumped 17% after reporting a AUD 10 billion write-down on Vifor but signaling recovery. FY2027 revenue expected flat, underlying earnings to grow 5%. Meyka grades CSL a B.
BHP Profit Jumps 30% on Copper Boom; Shares Rise 2.7% on August 19
BHP posts $13.8B profit, up 30%, as copper becomes top earner. Shares jump 2.7%. Highest dividend in four years. CEO Brandon Craig signals $9.7B expansion.
CBA Overhauls Loyalty Program: 9 Million Customers Shift to Yello Points on October 1
Commonwealth Bank launches Yello rewards program on October 1, affecting 9 million customers. New scheme favors Virgin Velocity over Qantas points and rewards bundled banking products.
Canada’s Fuel Excise Tax Set to Return Sept. 7; Poilievre Pushes Extension to 2027
Poilievre urges Carney to extend Canada’s fuel excise tax pause until Canada Day 2027. The 10-cent-per-litre break expires Sept. 7. Gas prices up 25.7% year-over-year.
Nike Stock Hits 12-Year Low at $39.09 on August 18, 2026
Nike stock hits 12-year low at $39.09 on August 18, 2026, down 78% from 2021 peak. China revenue fell 11%, direct sales dropped 6%, and analyst outlook remains bleak.
XRP vs Stablecoins in 2026: USDT Hits $182.98 Billion, USDC Tops $71.96 Billion Can XRP Compete?
As of August 18, 2026, stablecoins continue to account for a large share of crypto’s dollar-based liquidity. USDT is near $183 billion, while USDC is around $72 billion in market value. XRP, by comparison, trades near $1, with a market capitalisation of roughly $62 billion. Still, an XRP vs stablecoins comparison is not only about…
Milky Mist IPO: Shares Jump 30% on India Debut, Valuation Hits $1.46 Billion After ₹140 Issue Price
Milky Mist Dairy Food shares surged nearly 30% on their India stock market debut Tuesday, August 18, 2026. The stock listed at ₹165 on the NSE and BSE, an 18% premium over its ₹140 issue price. Shares later touched an intraday high of ₹181.50, pushing gains to 29.64%. That rally lifted Milky Mist’s market capitalization…
Sunshine Coast Philanthropists Roy and Nola Thompson Die 8 Days Apart After Giving $20M
Sunshine Coast philanthropists Roy and Nola Thompson, married 69 years, died 8 days apart after donating $20M+ to hospitals, universities, and charities across Queensland.