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Big Motor Ordered to Pay ¥270,000 Over Faulty Luxury Car Sales, August 02
Japanese court orders Big Motor to pay ¥270,000 in damages and provide free muffler replacement for selling luxury cars that failed vehicle inspections.
Sydney Retail Theft Hits 10-Year High as Police Launch Zero-Tolerance Crackdown
Sydney retail theft climbs to 10-year high with 372.5 thefts per 100,000 residents. NSW Police charged 116 people in a two-day crackdown targeting shoplifting, assaults, and intimidation across major shopping centres.
FIFA’s $4.2B World Cup Sale Plan Sparks UEFA Boycott Threat on August 1
FIFA plans to sell a minority stake in a World Cup subsidiary for $4.2 billion, but UEFA threatens boycott. Senior FIFA advisor Carlos Cordeiro resigns in protest on July 31.
IOC Launches 10kg Indane XtraLite Cylinder With 4-Hour Delivery on July 31
Indian Oil launches Indane XtraLite Now, a 10kg composite LPG cylinder with 4-hour express delivery. New LPG rules effective August 1 require e-KYC and limit PMUY subsidies to Rs 300 per cylinder for first four refills yearly.
Amazon (NASDAQ: AMZN) Jumps Nearly 17% After Q2 Revenue Beat; AWS Cloud Growth Strengthens, Annual Target Raised to $220B
Amazon shares jumped as much as 17% on July 31, 2026, extending a sharp after-hours rally from its Q2 report. The stock had already surged over 9% in extended trading Thursday night. Amazon posted $200.6 billion in Q2 revenue, up 20% year-over-year, crossing $200 billion for the first time. AWS revenue climbed 37% to $42.2…
Sony Group Corp. Reports 32% Profit Growth Despite Earthquake Disruptions
On July 31, 2026, Sony Group Corp. reported a 32% increase in quarterly profit, even after a powerful earthquake in Japan disrupted some of its operations earlier in the week. Strong results from its PlayStation, music, and imaging businesses helped offset temporary issues at several semiconductor facilities. The better-than-expected earnings also led Sony to raise…
HSBC to Sell $36 Billion in Mortgages as Australian Banking Operations Wind Down
On July 31, 2026, HSBC announced it will sell its A$36 billion (US$25 billion) Australian mortgages portfolio to Blackstone as it moves ahead with its plan to leave Australia’s retail banking market. The transaction is one of the country’s biggest banking deals in recent years and follows HSBC’s effort to simplify its global business. Existing…
Mammut Sold to Chinese Firm CPE for Up to €500M on July 31
Chinese investment firm CPE acquires Swiss outdoor brand Mammut from Jacobs Capital for up to €500 million. Headquarters remain in Aargau; CEO Heiko Schäfer stays in place.
US DOJ Charges 12 in $90M Fraud Sweep Across Southeast
DOJ charges 12 people in $90M fraud scheme across Southeast. Seven states sign data-sharing agreements to combat SNAP, tax credit, and housing benefit fraud.