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European Stocks Post Worst Week Since July: Stoxx 600 Drops 1.14% as Oil Surge and Bond Yields Bite
European Stocks closed a rough week on August 21, 2026, with the Stoxx 600 down 1.14%, its steepest five-day slide since July 6. Rising Brent crude prices and surging bond yields drove the sell-off. Germany’s 10-year Bund yield hit 3.22%, its highest level since 2011, while Brent crude touched $93.56 a barrel on Thursday. Tech…
Welspun Corp (WELCORP) Share Price Soars 16% to Record High After ₹17,200 Crore Mega Order
On August 21, 2026, Welspun Corp shares surged after the company won its largest-ever single order, valued at about $1.8 billion (₹17,200 crore). The contract covers pipe supplies from its US manufacturing facility and sent the stock to a record high. The deal also pushed Welspun Corp’s global order book to around $4.4 billion, giving…
JAL Deploys Trailer Shelters at Haneda to Protect Ground Staff From Lightning, Heat
JAL installs trailer shelters at Haneda Airport to shield ground staff from lightning and summer heat. The airline also uses AI to predict lightning risks and guide pilots away from danger zones.
Aldi Worker Ordered to Pay $1,230 After AI Drafts Doomed Unfair Dismissal Claim
Fair Work Commission orders Aldi worker to pay $1,230 after AI-generated unfair dismissal claim fails. First ruling punishing a worker for wasting tribunal time with AI-drafted submissions.
Anant Ambani Airlifts Teen With Rare Water Condition to Mumbai Hospital, August 19
Anant Ambani arranges medical airlift for Murshidabad teenager Iqbal, who spent months living in ponds due to rare condition. Boy now in Mumbai hospital for specialist care.
Apple iPhone 17 Pro Max Price Drops to ₹1,03,300 in India With ₹9,000 Bank Offer and Exchange Deal
The iPhone 17 Pro Max effective price has dropped sharply in India during Flipkart’s Freedom Sale 2026. The 256GB variant now lists at ₹1,41,900, down ₹8,000 from its ₹1,49,900 launch price. With eligible exchange and bank offers combined, buyers can bring the effective price down to around ₹98,300 to ₹1,03,990. How the iPhone 17 Pro…
Reform UK’s £21bn welfare ban for foreign nationals would reshape UK benefits, August 17
Reform UK proposes banning foreign nationals from almost all UK welfare benefits, claiming £21bn annual savings. The plan includes EU settled status holders and would require renegotiating the Brexit deal.
Vedanta Ltd Rises 0.71%: Promoter Pledges, Open-Market Buys and Asset Strategy in Focus
Vedanta Ltd shares rose 0.71% on August 17, 2026, as investors tracked fresh developments around promoter funding and the group’s asset strategy. Promoters are reportedly looking to raise ₹2,000-3,000 crore to increase stakes in select recently listed businesses through open-market purchases. The plan has also put Vedanta’s share pledges and financing arrangements under closer watch….
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…