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Lloyd Robertson Dies at 92 After Decades Leading Canadian Broadcast News
Lloyd Robertson, one of Canada’s most respected television journalists, has died at the age of 92. His family confirmed his death on August 5, 2026, bringing to a close a broadcasting career that spanned more than six decades. From federal elections to international crises, Robertson became a familiar and trusted presence in Canadian homes. His…
Mäc-Geiz Closes 50 Stores as Insolvency Deepens; 1,175 Jobs at Risk
Mäc-Geiz, a German household discount chain, closes 50 stores and cuts staff as insolvency deepens. 1,175 jobs remain at risk across 183 locations.
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.
Spokane Arson Suspect Arraigned; Old Trails Fire Destroys 700+ Buildings
Aaron Farinacci arrested for first-degree arson in connection with Old Trails Fire near Spokane. Fire destroyed 700+ buildings and forced 65,000 evacuations. Farinacci previously convicted of manslaughter in Arizona.
Mäc-Geiz Closes 50 Stores as Insolvency Deepens; 1,175 Jobs at Risk
Mäc-Geiz household discount chain enters insolvency, plans to close 50 of 183 stores. 1,175 employees face uncertainty as restructuring begins.
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.
Japan’s AC Outdoor Unit Mystery: 72% Miss Key Energy-Saving Step
Panasonic survey shows 72% of Japanese AC owners skip proper outdoor unit maintenance. Correct shading can cut energy use 10-13% and save ¥1,865 per season.