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Melrose Launches £73 Million Compensation Programme After GKN Aerospace Chemical Incident in California
Melrose Industries will launch a compensation programme worth up to £73.4 million ($100 million). The FTSE 100 group’s GKN Aerospace unit suffered a chemical incident at its Garden Grove, California site in May. Melrose said the claims programme opens within weeks and runs into 2027. What Triggered the Compensation Programme An overheating chemical tank at…
Gold Price Today: MCX Gold Slips to ₹1,63,044 as Dollar, Bond Yields Rise Ahead of Jackson Hole
Gold price on MCX slipped slightly to near ₹1,63,044 per 10 grams on August 25, 2026, pulling back from Monday’s ₹1,63,970 close. The dip came as the dollar firmed and investors turned cautious ahead of Fed Chair Kevin Warsh’s Jackson Hole speech. Despite today’s pullback, gold remains near a three-month high after surging 5.7% between…
Sigma Advanced Systems (SIGMAADV) Hits 5% Upper Circuit at ₹692.70 After ₹1,600 Crore Rolls-Royce Deal
Sigma Advanced Systems shares hit the 5% upper circuit at ₹692.70 on Tuesday, August 25, 2026. The rally followed news that the company secured an additional £125 million (₹1,600 crore) long-term agreement with Rolls-Royce Aerospace. This deal will be executed through Sigma’s recently acquired UK subsidiary, Bromford Precision Solutions. Sigma’s total Rolls-Royce partnership value now…
Enflame Plans $892 Million Shanghai IPO, Offering 43 Million Shares as China’s AI Chip Race Heats Up
China’s AI chip race is entering another busy phase as Enflame Technology targets a 6 billion yuan ($892 million) Shanghai IPO. The Tencent-backed chipmaker plans to issue 43.04 million new shares, with subscriptions set to open on September 2, 2026. Price consultations will start on August 28. The offering comes as Chinese AI chipmakers draw…
UK Shares Missile Blueprints With Ukraine; Russia Threatens Escalation
UK PM Burnham declassifies Storm Shadow missile blueprints for Ukraine on independence day. Russia threatens escalation, accusing Britain of fueling the conflict.
MCX, NBCC India, Paras Defence, P&G Health Set for Ex-Dividend Trading This Week
MCX leads this week’s latest ex-dividend stocks, joined by NBCC India, Paras Defence, and P&G Health. Multi Commodity Exchange of India has fixed August 28, 2026, as the record date for a ₹8 final dividend. NBCC India, Paras Defence, and Procter & Gamble Health have record dates scheduled for August 27–28. Investors must hold shares…
Coles Shares Fall 3.1% After Alcohol Pricing Glitch Crashes Website
Coles website crashes after viral Reddit post reveals 80% alcohol discount. Shares fall 3.1% to A$22.76. FY26 earnings due August 25. Meyka rates COL.AX a B-.
AFL Employee Quits Over Microsoft Copilot Rollout on August 23
AFL participation manager Gabrielle Boyle quit her job after being denied the right to opt out of Microsoft Copilot. Her case raises questions about employee choice and AI in Australian workplaces.
Coles Website Crashes After 80% Alcohol Discount Glitch on August 23
Coles website went offline after a technical error discounted 24-pack alcoholic drinks from A$130 to A$27. The retailer cancelled affected orders and promised refunds.