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Costco Canada Recalls Baked Goods, Chocolate Over Mould and Allergen Risk
Costco Canada recalls Alfa croissants for mould and Cadbury Oreo bars for undeclared pistachio. Affected items sold Feb-July 2026. Full refunds available at warehouses.

Hundreds of International Students Denied Canadian Work Permits Over Policy Shift
International students at Portage College face PGWP denials over non-credit program classification. IRCC says eligibility rules unchanged since November 2024, but students report confusion over timing.

Bitcoin (BTC) Holds Above $64K as Fed Rate Uncertainty and Iran Tensions Keep Crypto Markets on Edge
Bitcoin traded at $64,315.59 on July 31, 2026, holding above the $64,000 level despite mixed macro signals. The coin gained 0.63% over the past 24 hours on trading volume of $11.65 billion. Bitcoin’s market capitalization stood near $1.33 trillion, still well below its all-time high. The Federal Reserve’s rate hold and escalating US-Iran tensions kept…

FTSE 100 Climbs 0.74% as Amazon (AMZN) Sparks Global Tech Rally; DAX (+1.20%), CAC 40 (+0.95%) Advance
On July 31, 2026, European stock markets finished higher after Amazon’s strong quarterly earnings lifted confidence in global technology stocks. The FTSE 100 rose 0.74%, Germany’s DAX gained 1.20%, and France’s CAC 40 added 0.95%. Investors welcomed fresh evidence that heavy spending on artificial intelligence is beginning to deliver results. That optimism spread across global…

Amazon (NASDAQ: AMZN) Jumps Nearly 17% After Q2 Revenue Beat; AWS Cloud Growth Strengthens, Annual Target Raised to $220B
Amazon shares jumped as much as 17% on July 31, 2026, extending a sharp after-hours rally from its Q2 report. The stock had already surged over 9% in extended trading Thursday night. Amazon posted $200.6 billion in Q2 revenue, up 20% year-over-year, crossing $200 billion for the first time. AWS revenue climbed 37% to $42.2…

Thermax (NSE: THERMAX) Plunges 16% After Q1 Profit Slumps 83% on ₹91 Crore One-Time Project Cost Overrun
On July 31, 2026, Thermax Ltd. (NSE: THERMAX) shares fell nearly 16% after the company reported a sharp decline in its first-quarter FY27 earnings. Net profit dropped 83% from a year earlier, mainly because of a ₹91 crore one-time project cost overrun in its Industrial Infra business. The weaker earnings, along with cautious comments from…

Universal Music (UMG) Plunges 23% as Subscription Revenue Growth Slows to 6.7%; Vivendi (VIV) Falls 18%
Universal Music Group shares plunged 23% Friday after subscription revenue growth slowed sharply. UMG’s subscription growth decelerated to 6.7%, down from 7.9% in Q1. The stock hit a new 52-week low of €14.88 during Friday’s trading. Trading in UMG’s Amsterdam-listed shares was briefly halted following the plunge. Vivendi, UMG’s largest shareholder, fell as much as…

Microsoft Surges 15% to $451 After Azure Growth Accelerates to 43%
Microsoft stock rallies 15% to $451 after Q4 earnings beat, Azure accelerates to 43% growth, and Copilot seats hit 30 million. The largest single-day market gain in history.

Sony Group Corp. Reports 32% Profit Growth Despite Earthquake Disruptions
On July 31, 2026, Sony Group Corp. reported a 32% increase in quarterly profit, even after a powerful earthquake in Japan disrupted some of its operations earlier in the week. Strong results from its PlayStation, music, and imaging businesses helped offset temporary issues at several semiconductor facilities. The better-than-expected earnings also led Sony to raise…