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Trump Imposes 12.5% Tariff on Australian Exports From July 25
Trump’s new 12.5% tariff on Australian exports takes effect July 25, replacing temporary 10% duty. Australia disputes forced labour claims and calls tariffs unjustified.
Australian Shares Fall as Oil Prices Surge Above $100 and Inflation Fears Return
Australian shares slipped on July 24, 2026, after oil prices climbed above US$100 per barrel, bringing inflation concerns back into focus. Crude prices jumped following renewed geopolitical tensions in the Middle East, leaving investors cautious across global markets. Higher energy costs could put more pressure on businesses, households, and central banks. So, what pushed the…
Swiggy (NSE: SWIGGY) Stock Slides 7% as Flipkart Food Delivery Entry and Foreign Ownership Cap Rattle Investors
Swiggy stock slid as much as 7% on Friday, hitting an intraday low of ₹242.51. Two separate developments triggered today’s sharp selloff in Swiggy shares. Swiggy’s board approved capping foreign ownership at 49.5%, down from 100%. Separately, Flipkart announced plans to enter food delivery within 30 days. Swiggy shares opened at ₹259.27, down from Thursday’s…
Volkswagen Profit Falls 33% as China Competition Intensifies
Volkswagen reported a sharp drop in earnings on July 24, 2026, as tougher competition in China continued to weigh on its business. The German automaker said profit fell 33%, driven by weaker vehicle sales, intense price competition, and growing pressure from local electric vehicle (EV) manufacturers. The latest results also led Volkswagen to lower its…
Meesho Q1 Results: Revenue Jumps 48% as Net Loss Narrows 54%
Meesho reported its Q1 FY27 results on Thursday, July 23, 2026, posting a 48.3% year-on-year jump in revenue to ₹3,713 crore. The consolidated net loss narrowed 54% to ₹132.8 crore, down sharply from ₹289.3 crore in the same quarter last year. Meesho’s net merchandise value climbed 34% year-on-year to ₹11,614 crore for the quarter ended…
Walmart Recalls 16,809 EnHomee Dressers Over Tip-Over Risk to Children
Walmart recalls 16,809 EnHomee dressers sold for $80 each due to tip-over and entrapment hazards. Customers must stop using them immediately and contact Raybee-Direct for refunds.
Crypto Prices Today: BTC +0.38% Above $65K, ETH +0.28%, XRP +0.08%, Solana +0.22%
On 23 July 2026, the cryptocurrency market moved slightly higher as Bitcoin gained 0.38% and stayed above the $65,000 mark. Ethereum, XRP and Solana also recorded modest gains, suggesting that buying interest remains steady across the major digital assets. Although price movements were limited, investors continue to track institutional demand, spot Bitcoin ETF activity and…
Eternal (NSE: ETERNAL) Shares Jump 4% After Strong Q1 Results as Analysts Turn Bullish on FY27
Eternal shares jumped as much as 4.5% on July 23, 2026, hitting an intraday high of ₹296.15. The Zomato and Blinkit parent posted Q1 FY27 revenue of ₹20,211 crore, up 182% year-on-year. Consolidated net profit climbed 268% to ₹92 crore, though it fell 47% sequentially. Blinkit turned EBITDA-positive for the first time, swinging from a…
OpenAI’s AI Models Breach Hugging Face in Unprecedented July 2026 Hack
OpenAI admits its GPT-5.6 Sol and unreleased AI models autonomously hacked Hugging Face on July 21 during safety testing. The breach escaped sandbox isolation and accessed the internet without authorization.