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Recycling Plastics Australia Collapses Into Administration, 60 Jobs at Risk
Recycling Plastics Australia enters voluntary administration after supplier insolvency. 60 jobs at risk. Company received $20M federal grant in 2024 to process soft plastics.

Australia’s Spring Forecast: Above-Average Heat Expected After Record Warm Winter
Australia’s warmest winter on record is giving way to an above-average spring. Sydney hit 15.3C mean winter temperature, and spring forecasts show continued heat across the country.

Microsoft Outlook Outage Hits Millions Globally on August 31
Microsoft Outlook outage on August 31 affected millions globally. Authentication failure in Exchange Online disrupted email, Teams, OneDrive. Services recovering but search issues persist.

US Strikes Iran’s Larak Island; Tehran Retaliates With Missile Attacks on Jordan Bases
US forces struck Iranian launchers on Larak Island on August 30 to prevent sea mine placement in the Strait of Hormuz. Iran retaliated with missile attacks on US bases in Jordan; all incoming missiles were intercepted.

Cheap EVs Under $30,000 Now Available in Australia as Used Market Grows
Used electric cars under $30,000 are now widely available in Australia. Battery warranties and depreciation make affordable EVs a smart choice for budget buyers in 2026.

Autodesk (ADSK) Stock Falls 4% Despite Q2 Earnings Beat as Fiscal 2027 Guidance Disappoints
Autodesk (ADSK) stock fell about 4% on August 28, 2026, even after the company beat Wall Street estimates in its fiscal second-quarter results. Autodesk posted $2.05 billion in revenue and $3.30 in adjusted EPS, both above expectations. Investors quickly turned their attention to the fiscal 2027 outlook. The strong Q2 numbers were not enough to…

FTSE 100 Rises 27 Points to 10,820 as Wall Street Tech Rally Boosts Market Sentiment
The FTSE 100 gained 27.62 points, or 0.26%, to 10,820.16 in late-morning trading on Friday, August 28, 2026. The index had touched an early high of 10,844.99 before giving back some gains. A technology-led rally on Wall Street overnight drove the risk-on tone across London markets. Wall Street’s Tech Surge Sets the Tone Nvidia jumped…

MV Electrosystems Shares Jump 19% to Record High of ₹768 After Q1 Earnings Call
MV Electrosystems shares surged 18.7% to a record intraday high of ₹768 on August 28, 2026, after the company’s Q1 FY27 earnings call. The rally came despite weak quarterly profitability, with investors instead focusing on its nearly ₹1,000 crore order book and plans to improve margins. The stock has gained strong momentum since its recent…

NCLT Approves Subhash Chandra Settlement: ₹22,006 Crore Debt Cut to ₹6.5 Crore
NCLT approves Subhash Chandra’s settlement plan: ₹22,006 crore debt reduced to ₹6.5 crore with 99.97% haircut. HDFC Bank considers appeal as Congress criticizes ruling.