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Rentokil (LON: RTO) Plunges 17% Despite Q2 Earnings Beat as Slowing U.S. Pest Demand Weighs on Outlook
Rentokil Initial shares plunged 17.1% on Thursday, July 30, 2026, despite beating quarterly profit estimates. Shares fell to 367.5 pence, their lowest level since September 29, 2025. The pest control giant reported second-quarter adjusted profit before tax of $459 million, ahead of the $442.7 million consensus. Yet weakening North American residential demand overshadowed the beat…
Japan and South Korea Stocks Diverge as Nikkei 225 Jumps 0.93%, KOSPI Falls 1.10%, SK Hynix Slides Over 6%
Asian markets split sharply on Thursday, July 30, 2026, after two brutal days of chip-stock selling. The Nikkei 225 rebounded 0.93% to 62,003.09, recovering some of Wednesday’s losses. South Korea’s KOSPI fell 1.10%, dragged lower by SK Hynix’s 6.50% slide. Regulators moved to cap leveraged ETF exposure amid intensifying volatility concerns across the region. Nikkei…
Bill Evans, Westpac’s Legendary Economist, Dies at 76 on July 29
Westpac’s former chief economist Bill Evans, known as ‘the man who moved markets’, has died at 76 after a cancer battle. He spent 32 years guiding Australia through recessions, crises, and economic policy.
Korean Stocks Tumble as SK Hynix Drops Almost 20%, AI Chip Rally Loses Steam
On July 29, 2026, Korean stocks came under heavy selling pressure after SK Hynix shares fell nearly 20%, erasing a large part of this year’s AI-driven gains. The decline came despite the chipmaker reporting record revenue and a sharp rise in quarterly profit. Investors had expected even stronger results, and the market responded quickly. The…
USDA Issues Class I Recall of 12,036 Pounds of Maple Leaf Bacon on July 29
USDA recalls 12,036 pounds of Maple Leaf Foods bacon imported from Canada for bypassing mandatory US import reinspection. Affected products sold in Idaho, Oregon, and Washington.
SK Hynix Quarterly Profit Jumps 557% but Falls Short of Market Expectations
On July 29, 2026, SK Hynix reported a 557% increase in quarterly operating profit, helped by strong demand for high-bandwidth memory (HBM) chips used in artificial intelligence (AI) systems. The company also recorded its highest-ever quarterly revenue, reflecting continued growth in AI-driven memory demand. Even so, the results came in below market expectations, and the…
Georgia School Shooter Colt Gray Sentenced to Life Without Parole on July 29
Colt Gray, 16, sentenced to life without parole for killing two teachers and two students at Apalachee High School in Georgia on September 4, 2024. Judge called crimes deliberate evil.
IN Stock Market Today: GIFT Nifty Soars 250 Points as Sensex, Nifty Eye Strong Gap-Up Opening
GIFT Nifty jumped 250 points ahead of Wednesday’s session, signaling a strong gap-up for India’s stock market on July 29, 2026. That premium translated into real gains once trading began. The Sensex rose 701.41 points, or 0.91%, to 77,467.33 by mid-morning. The Nifty 50 climbed 204 points, or 0.85%, to top 24,190.40. Rebounding Asian markets…
Tim Hortons Launches Harry Potter Menu Aug. 12 Amid Backlash Over Rowling
Tim Hortons launches Harry Potter menu Aug. 12 with Hogwarts house donuts, magical drinks, and collectibles. The promotion faces criticism over author J.K. Rowling’s transgender rights statements.