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EPF Scheme 2026: New Withdrawal Rules Explained for Indian Workers—July 9
EPF Scheme 2026 replaces 1952 rules with simplified withdrawals, independent opt-out rights, and 20-day claim settlement. Covers 8 crore subscribers in India. Key changes explained.
Air Canada Names Anko Van der Werff as New CEO on July 8, 2026
Air Canada names Anko Van der Werff, Scandinavian Airlines CEO with 25 years of aviation experience and fluency in French, as new leader starting January 2027.
Alibaba (9988.HK) Surges 12% on Cloud Revenue Growth Forecast—July 9
Alibaba (9988.HK) surged 12.2% to HK$107.5 on July 8 after reports of 45% Alibaba Cloud revenue growth forecast and improved Taobao Flash Sale efficiency, lifting the Hang Seng Tech Index 5%.
Rheinmetall and Lockheed Martin to Build ATACMS Missiles in Germany
Rheinmetall and Lockheed Martin plan to manufacture ATACMS missiles at a new facility in Unterlüss, Germany. The deal, signed at NATO’s Ankara summit, represents the first European production of these tactical weapons.
Bombardier Stock Gains as NATO Picks GlobalEye for $4.5B Deal
NATO selects Saab GlobalEye aircraft built on Bombardier Global 6500 jets for up to $4.5 billion deal. Bombardier stock gains on major defence contract validation.
Standard Chartered Signs Fraud Detection Deal With Taiwan Prosecutors on July 8
Standard Chartered partners with Taiwan prosecutors to combat fraud using data analysis. Bank blocked 190 cases worth TWD 120 million in 2.5 years.
Bombay High Court: Mumbai Flooding Is Citizens’ Fault Too, Not Just BMC—July 8
Bombay High Court says Mumbai’s monsoon flooding results from both civic failures and citizens’ actions: encroachments, clogged drains, and misuse of public spaces.
Western Sydney Airport Bans Private Jets as It Opens October 25, 2026
Western Sydney International Airport bans private jets from Bombardier and Gulfstream on opening October 25, 2026. Mining billionaire Gina Rinehart and Pauline Hanson affected. Airport powered by 100% renewable energy.
NATO Summit in Ankara: Trump Demands More Spending, Threatens Iran Strikes—July 8
NATO summit in Ankara: Trump declares Iran ceasefire over, threatens strikes, and criticizes allies for not spending enough on defense. European nations announce €50 billion in new military procurements.