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Costco Canada Recalls Alfa Croissants Over Mould Risk on August 5
Costco Canada recalls Alfa Croissants 24-packs due to mould risk in lot codes 10726 and 08626. Affected products sold June-July 2026 at Costco Business Centres. Full refunds available.
FTSE 100 (^FTSE) Rises 0.41% as U.S.-Iran Hormuz Deal Nears; DAX (+0.49%), CAC 40 (+0.12%) Advance
On 5 August 2026, European stock markets traded higher as expectations grew that the United States and Iran were moving closer to an agreement to restore safe shipping through the Strait of Hormuz, one of the world’s busiest oil routes. The FTSE 100 climbed 0.41%, Germany’s DAX gained 0.49%, and France’s CAC 40 added 0.12%….
Albanese Faces Political Backlash as House Prices Slide Across Australia
Albanese government under fire as house prices fall in Brisbane, Adelaide, Perth, Sydney and Melbourne. Former adviser criticises tax policies; NAB warns of 10% drops ahead.
Suncor Energy Inc. Reports C$3.7 Billion Profit on Strong Refining Performance
On August 4, 2026, Suncor Energy Inc. reported a quarterly profit of C$3.7 billion, beating market expectations even as oil production declined. The company’s refining business delivered record results and made up for maintenance-related disruptions at its oil sands operations. The quarter showed how strong refining margins can support earnings when upstream production slows. So,…
Lloyd Robertson Dies at 92 After Decades Leading Canadian Broadcast News
Lloyd Robertson, one of Canada’s most respected television journalists, has died at the age of 92. His family confirmed his death on August 5, 2026, bringing to a close a broadcasting career that spanned more than six decades. From federal elections to international crises, Robertson became a familiar and trusted presence in Canadian homes. His…
Australian Shares Set to Rise as Oil Prices Tumble and Wall Street Climbs
On August 5, 2026, Australian shares looked set to open higher after Wall Street reached fresh record highs and oil prices fell sharply. The drop in crude eased inflation concerns and lifted investor confidence across global markets. Strong earnings from major U.S. companies added to the positive mood. As trading gets underway on the ASX,…
Australia’s Housing Market Slides 5% as NAB Slashes Forecast; Buyers Freeze
NAB forecasts Australian capital city house prices to fall 5% in 2026, with Sydney down 10% and Melbourne down 9%. Buyer activity has collapsed as sellers rush to list before prices slide further.
HSBC Profit Soars 60% to $10.1B; Announces $1B Buyback on August 4
HSBC’s Q2 pretax profit jumps 60% to $10.1B, beating estimates. Bank plans $1B buyback and 10-cent dividend as net interest income rises 9%.
135% Upside, Says One Bank. So Why Did SpaceX Just Lose $500 Billion?
SpaceX stock has lost more than $500 billion in market value since its June 12, 2026 IPO. Shares priced at $135 have since traded as low as $104.83. Yet Morgan Stanley maintains a $300 price target, implying substantial upside from current levels. SpaceX now heads into its first-ever public earnings report on Tuesday, August 4,…