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BAE’s Brontanax Drone to Use US Engine After Rolls-Royce Dispute
BAE Systems’ Brontanax drone will use an American engine after a cost clash with Rolls-Royce. The decision undermines the ‘all-British’ fighter jet pitch but keeps the project affordable.

Shell Completes Renewable Energy Deal With TotalEnergies Across Four European Markets
On August 3, 2026, Shell completed a renewable energy deal with TotalEnergies, transferring a portfolio of solar, wind, and battery storage assets across the UK, Spain, Italy, and the Netherlands. The agreement reflects different approaches to the clean energy transition among Europe’s largest energy companies. Shell is tightening its investment focus, while TotalEnergies is adding…

AstraZeneca Reportedly Considers Mega Merger With US Drugmaker Bristol Myers Squibb
AstraZeneca is reportedly in early-stage merger talks with Bristol Myers Squibb, the Financial Times said Sunday. The combined company would be worth close to $400 billion. AstraZeneca shares fell sharply on the news Monday morning. The discussions have reportedly continued for several months, though no deal has been confirmed yet. AstraZeneca-Bristol Myers Merger Talks: Deal…

CuspAI Hits $2.6 Billion Valuation After Jeff Bezos, Nvidia, and Meta Back AI Materials Startup
Cambridge-based AI startup CuspAI secured $450 million in a Series B funding round on July 20, 2026. The funding pushed its valuation to $2.6 billion, backed by Jeff Bezos, Nvidia, and Meta. CuspAI uses artificial intelligence to discover new materials for chipmaking, clean energy, and manufacturing. The round marks a fivefold jump from its $520…

Bayern Munich Puts Three Stars on Transfer List as Eberl Exits Palhinha
Bayern Munich lists Joao Palhinha, Sacha Boey, and Bryan Zaragoza for transfer. Director Max Eberl says the trio have no future at the club and will not feature if they stay.

Japan Volleyball Squad for Asian Games Excludes Star Siblings Ahead of Olympic Qualifier
Japan names 12-player women’s and men’s volleyball squads for the 2026 Asian Games. Key players including captain Mayu Ishikawa excluded due to overlapping Asian Championship qualifier for 2028 Olympics.

Trump Vows Fresh Iran Strikes as 5-Month War Drags On, July 31
Trump predicts the Iran war will drag on despite U.S. military gains. Fresh strikes planned for this weekend target energy and nuclear sites as fighting widens across the region.

Russian Kh-101 Missile Strikes Polish Field, Creates 10m Crater Near Ukraine Border
Russian Kh-101 missile crashed in Polish field near Tarnawa Kolonia on July 30, creating 10-metre crater. Polish PM Tusk says no evidence Poland was target. NATO activated air defences.

Ulta Beauty Rallies 1.7% as PacSun Collab Targets Gen Z After Target Exit
Ulta Beauty partners with PacSun on limited-edition beauty kits and apparel launching July 28. The collaboration targets Gen Z consumers as Ulta exits its Target partnership in August.