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Jetstar Charges Up to A$52 for Overhead Bags From February 2027
Jetstar will charge A$25 to A$52 for overhead baggage from February 2027. Under-seat bags remain free. The budget airline is removing its 7kg weight limit and no longer weighing bags at the gate.
Chevron Falls 1.4% as Trump Attacks Oil Windfall Profits on August 5
Trump attacks Chevron and ExxonMobil for record profits from Iran conflict, demanding price cuts. Chevron Q2 profit surged 400% to $12.1B as gas prices hit $4.10/gallon.
Suncor Energy Inc. Reports C$3.7 Billion Profit on Strong Refining Performance
On August 4, 2026, Suncor Energy Inc. reported a quarterly profit of C$3.7 billion, beating market expectations even as oil production declined. The company’s refining business delivered record results and made up for maintenance-related disruptions at its oil sands operations. The quarter showed how strong refining margins can support earnings when upstream production slows. So,…
Holidays Disrupted as 11 UK Travel Companies Collapse in Recent Months
UK travel firms have collapsed at an alarming rate in 2026. Since January, 11 operators have entered liquidation or ceased trading, according to industry reports. The wave spans coach tours, cruise specialists, and flight-and-hotel package providers. Thousands of holidaymakers now face cancelled trips and refund battles, while the sector confronts its sharpest instability in years….
Australian Shares Set to Rise as Oil Prices Tumble and Wall Street Climbs
On August 5, 2026, Australian shares looked set to open higher after Wall Street reached fresh record highs and oil prices fell sharply. The drop in crude eased inflation concerns and lifted investor confidence across global markets. Strong earnings from major U.S. companies added to the positive mood. As trading gets underway on the ASX,…
Chevron and Exxon Deliver Record Profits as Trump Calls for Lower Fuel Prices
On August 4, 2026, U.S. oil companies Chevron and ExxonMobil reported combined quarterly profits of more than $26 billion, helped by higher crude oil prices and strong refining margins. The results came as President Donald Trump called on major oil producers to lower fuel prices for American drivers. The gap between record corporate earnings and…
Australia’s Housing Market Slides 5% as NAB Slashes Forecast; Buyers Freeze
NAB forecasts Australian capital city house prices to fall 5% in 2026, with Sydney down 10% and Melbourne down 9%. Buyer activity has collapsed as sellers rush to list before prices slide further.
Lufthansa Stock Plunges 8.2% as Q2 Profit Crashes 88% on Fuel Costs
Lufthansa Q2 profit collapsed 88% to €123M due to €750M fuel cost surge and strikes. Stock fell 8.2%. Airline raises fees on seats and baggage to recover losses.
Chevron Falls 3.2% as Trump Demands Oil Price Cuts After Q2 Windfall
Trump slams Chevron and ExxonMobil for windfall Q2 profits amid Iran war, demands fuel price cuts. Chevron fell 3.2% after reporting $12.2B earnings, up 400% year-over-year.