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Ford Bronco Ute Coming by 2030; F Stock Rated B on Mixed Fundamentals
Ford plans to build a Bronco pickup by 2030 at its Michigan plant. The ute will rival the Jeep Gladiator and may replace the Ranger in North America, though Australian Ranger supply is unaffected.
Alibaba Sells Lingxi Games for $1.5B, Pivots to AI on August 20
Alibaba sells gaming unit Lingxi Games to Trustar Capital for USD 1.5 billion, redirecting capital to AI and cloud infrastructure as part of CEO Wu Yongming’s business restructuring.
Toyota Sienta Gets Cheaper Entry Model at ¥2.146M With New Clear Beige Color
Toyota Sienta gets refreshed with new ¥2.146M entry model, Clear Beige color, and improved equipment. Full redesign expected around 2028 with new 1.5L hybrid system.
Harland & Wolff’s Samson and Goliath Cranes Set for £3.1 Million Overhaul as Belfast Shipyard Modernises
Harland & Wolff’s Samson and Goliath cranes are set for a £3.1 million overhaul, owner Navantia UK confirmed this week. The iconic yellow gantry cranes have towered over Belfast’s skyline for more than five decades. Work has already begun on Goliath, the older of the pair, with Samson to follow once that refurbishment finishes. The…
Ukraine’s $48,000 MICH 2000 Drone Destroyed Russian Tu-95 Bomber on August 16
Ukraine’s MICH 2000 drone, reverse-engineered from Chinese aircraft and costing $48,000, destroyed a Russian Tu-95 bomber. The 2,000 km range drone was built after Ukrainian teams photographed a Chinese factory in 2023.
Reliance Industries, Rolls-Royce to Jointly Develop Sovereign Combat Engine for AMCA
Reliance Industries and Rolls-Royce announced strategic intent on August 14, 2026, to jointly develop India’s indigenous combat engine. The partnership targets the Advanced Medium Combat Aircraft (AMCA) programme, India’s fifth-generation stealth fighter project. Both companies will explore forming a dedicated Aerospace Gas Turbine Complex in India. Reliance Industries shares traded 0.1% lower at ₹1,306.65 on…
West Midlands Wildfires Destroy 19 Homes as UK Hits 38.1C on August 14
Wildfires in Stourbridge destroyed 19 homes and damaged 18 others on August 14 as the UK recorded 38.1C. Over 100 firefighters battled the blaze across 500 acres during the country’s fifth consecutive heatwave.
Burnham Cuts EV Sales Targets to 50% by 2030 Amid Wildfire Crisis
UK PM Andy Burnham proposes cutting EV sales targets from 80% to 50% by 2030 following pressure from car makers, sparking backlash from environmental groups amid climate emergency.
Engine Blade Failure Sucked Passenger Through Ryanair Window on July 10
NTSB preliminary report shows engine fan blade failure caused Ryanair window breach on July 10 flight from Greece. Passenger partially sucked out but rescued by fellow travellers. Bird remains found in engine.