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Singapore Police Probe 270 Scammers and Money Mules in $5.4M Fraud Crackdown
Singapore police investigate 270 suspected scammers and money mules linked to 660+ scams causing $5.4 million in losses. Operation targets e-commerce, phishing, job, and investment fraud.
Josh Kushner and Bob Iger Buy Lakers for Record $12.5B on August 13
Josh Kushner and Bob Iger agreed to buy the Lakers for a record $12.5 billion. The sale needs NBA board approval and may take months to complete.
China Intensifies South China Sea Pressure as Australia, Vietnam Strengthen Defence Ties
China expands South China Sea control through island-building and coast guard operations. Australia and Vietnam respond by deepening military ties and maritime security cooperation amid regional tensions.
PNE AG (ETR: PNE3) Shares Plunge Over 20% as Takeover Bids Fall Below Current Market Price
PNE AG shares have plunged more than 20% since Monday’s disclosure that takeover bids fell short of expectations. The German wind farm developer confirmed potential acquirers priced below the company’s current market valuation. PNE AG’s stock hit its lowest level since late April on Tuesday, August 11, 2026. The uncertainty now clouds a sale process…
My Number Card Returns Hit 900,000 as Government Shelves Mandatory Plan
About 900,000 My Number Cards have been returned in Japan as the government drops mandatory adoption plans. The digital ID faces trust issues despite 83.4% ownership rate.
QVC Exits Bankruptcy With $5B Debt Cut, Mike George Returns as CEO on August 7
QVC exits bankruptcy with $5 billion debt reduction and $600 million new credit facility. Former CEO Mike George returns to lead turnaround as company relists on Nasdaq under symbol QVCG.
Trusco Nakayama’s Human Cooler Hits 200 Units Sold Amid Japan Heat Crisis
Trusco Nakayama’s human-sized cooling box sells 200 units in 4 months at 1.5M yen as Japan battles extreme heat. Demand surges in factories, construction sites, and abroad.
Kmart’s $89 Camera Glasses Sell Out in Australia Amid Privacy Backlash
Kmart’s $89 Anko camera glasses sold out nationwide, raising privacy alarms as experts warn the technology enables covert recording without consent in public.
Apple Seeks Injunction Against OpenAI in Trade Secrets Lawsuit on August 04
Apple seeks preliminary injunction against OpenAI over alleged trade secret theft by former engineers. OpenAI denies wrongdoing, publishing internal messages as evidence.