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Revolut Wins Australian Banking Licence, Commits A$400M to Challenge Big Four
Revolut wins APRA banking licence in Australia, launches Revolut Bank Australia with savings rates up to 5.05% p.a. and A$400M investment commitment to compete with Big Four banks.
TSMC (NYSE: TSM) Plans Chip Price Hikes of Up to 10% in 2027 to Offset Rising Manufacturing Costs
Taiwan Semiconductor Manufacturing Company (TSMC) is preparing to increase chip manufacturing prices by as much as 10% in 2027, according to reports released on July 21, 2026. The world’s largest contract chipmaker is dealing with higher production costs while continuing to expand its manufacturing network outside Taiwan. The planned increase could affect some of the…
BAWAG Group (VIE: BAWG) Q2 Profit Jumps 21% as Bank Reaffirms 2026 Outlook Ahead of PTSB Acquisition
BAWAG Group reported strong second-quarter results on July 21, 2026, with net profit rising 21% year over year to €255 million. The increase came from healthy lending activity and disciplined cost management. The Austrian bank also reaffirmed its full-year 2026 outlook, showing confidence even as it moves ahead with its planned acquisition of Ireland’s Permanent…
Wall Street Rallies on Chip Recovery as Megacap Earnings Loom, July 21
US stock futures rise as chip stocks recover and megacap earnings approach. Nasdaq futures up 1.3%, S&P 500 up 0.4%. Investors watch for AI spending signals amid Iran tensions and Canadian tariffs.
SEPC (NSE: SEPC) Shares Surge 13% After Winning ₹673 Crore SAIL Crude Steel Expansion Project
SEPC (NSE: SEPC) came into focus after winning a ₹673.32 crore contract from Steel Authority of India Limited (SAIL) for the 4.08 MTPA crude steel expansion project at the IISCO Steel Plant in Burnpur. The company announced the order on June 15, 2026, and the news sent SEPC shares up nearly 13%. The contract adds…
Chinese EVs Now Dominate Australia’s Market as Xpeng Expands Lineup
Chinese electric vehicles now dominate Australia’s car market. Xpeng launches four new models and expands to 50 dealerships as EV adoption accelerates following a tax change that shifted buyers away from plug-in hybrids.
Cement (NSE: ULTRACEMCO) Shares Rise 2% as Q1 FY27 Profit Jumps 17% to ₹2,599 Crore UltraTech
UltraTech Cement shares extended gains for a second straight session on July 21, 2026. The stock traded at ₹12,039.65 on the BSE, up 1.19% intraday. That followed a 1.35% rise to ₹11,880 on results day itself. Combined, shares have climbed close to 2% since UltraTech posted its Q1 FY27 numbers. Consolidated net profit jumped 16.8%…
Bitcoin Nears $66K as ETF Inflows Rebound Despite Ongoing Iran Tensions
Bitcoin traded close to $66,000 in late July 2026 as investor confidence improved after spot Bitcoin ETF inflows turned positive again. The rebound came even as Iran-related geopolitical tensions continued to weigh on global financial markets. Fresh institutional buying helped support Bitcoin’s recent gains, while traders kept a close eye on resistance levels that could…
NORAD F-16s Intercept 10+ Aircraft Over New Jersey on July 19
NORAD F-16s intercepted over 10 aircraft violating temporary flight restrictions near MetLife Stadium during the World Cup final on July 19. Three planes required direct intercepts, with flares deployed twice.