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Herbie Farnworth Eyes Open Market as Dolphins Race to Extend Star Centre
Dolphins star centre Herbie Farnworth faces open market in November unless re-signed. Sydney Roosters reportedly interested as salary cap pressures mount on the expansion club.
Dutch Bros Buys Salad and Go’s 70 Arizona, Nevada Locations for $105M
Salad and Go files Chapter 11 bankruptcy, closing 70 Arizona and Nevada locations. Dutch Bros acquires assets for $105 million and will convert sites to coffee shops.
Beazley (LSE: BEZ) Profit Falls 53% Ahead of £8.1B Zurich Takeover; Shareholders to Receive £13.35 Per Share
Beazley posted a 53% drop in first-half pretax profit on August 5, 2026. The London-based specialty insurer generated $237.7 million, down from $502.5 million last year. Despite the earnings decline, shareholders await a recommended £8.1 billion takeover by Zurich Insurance Group. Under agreed terms, investors receive £13.35 per share before the transaction closes later this…
Trump Clashes With Pirro Over Reflecting Pool Case; U.S. Attorney Brings Evidence Box to Oval Office
Trump criticizes U.S. Attorney Jeanine Pirro for dropping Reflecting Pool vandalism charges, claiming contractor damage not vandalism. Pirro brought evidence box to White House meeting on August 4.
Rabobank to Invest €2 Billion in AI and Technology Over Three Years as Net Profit Remains Flat
On August 4, 2026, Rabobank announced plans to invest €2 billion in artificial intelligence, data, and technology over the next three years, even as its first-half net profit remained unchanged at €2.69 billion. The investment comes as large European banks continue to spend more on digital capabilities despite pressure on earnings. Rabobank wants to use…
Oil Prices Rebound Over 1% After Sharp Selloff; Brent at $84.94 and WTI at $81.14 as U.S.-Iran Uncertainty Returns
Oil prices rebounded more than 1% on Tuesday, August 4, 2026, after Monday’s sharp selloff. Brent crude climbed to $84.94 a barrel, while WTI rose to $81.14. Renewed uncertainty over U.S.-Iran relations drove the bounce back. Both benchmarks had fallen roughly 5% Monday after diplomatic signals briefly eased tensions. Oil Prices Rebound: Brent and WTI…
LIC (NSE: LICI) Falls as India Plans to Sell Up to 6.5% Stake at ₹382 Per Share, Targeting ₹314 Billion ($3.3B)
LIC shares fell Tuesday, August 4, 2026, after the government launched a major stake sale. India will offload up to 6.5% of Life Insurance Corporation at a floor price of ₹382 per share. The Offer for Sale could raise roughly ₹31,000 crore, or about $3.3 billion. The floor price represents a 10% discount to Monday’s…
Itochu Posts Record Q1 Profit of ¥293.7B, Launches ¥300B Buyback on August 3
Itochu (8001.T) posts record Q1 net profit of ¥293.7B, up 3% YoY, and launches ¥300B share buyback. Core earnings surge 38%. Meyka rates stock A- with Buy recommendation.
Hughes Files Chapter 11 as $1.5B Debt Comes Due; DISH Faces Restructuring
Hughes Satellite Systems files Chapter 11 bankruptcy with $1.5B debt due. EchoStar subsidiary lost 59,000 broadband subscribers in Q2 as Starlink competition intensifies. DISH parent company restructuring continues.