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FIFA Plans $20B World Cup Sale; UEFA, Three Continents Oppose Stake Deal
FIFA proposes selling up to 21% of World Cup commercial rights to raise $4.2 billion. UEFA and three continental confederations representing 143 member associations oppose the plan, calling it an attempt to privatize football.
Rentokil (LON: RTO) Plunges 17% Despite Q2 Earnings Beat as Slowing U.S. Pest Demand Weighs on Outlook
Rentokil Initial shares plunged 17.1% on Thursday, July 30, 2026, despite beating quarterly profit estimates. Shares fell to 367.5 pence, their lowest level since September 29, 2025. The pest control giant reported second-quarter adjusted profit before tax of $459 million, ahead of the $442.7 million consensus. Yet weakening North American residential demand overshadowed the beat…
Juniper Green Energy IPO Opens Today at ₹214–225 Price Band; GMP at ₹17 Signals 8% Listing Premium
Juniper Green Energy IPO opened for subscription on Thursday, July 30, 2026. The ₹1,800 crore issue is priced between ₹214 and ₹225 per share. Grey Market Premium stands at ₹17, suggesting a listing gain of roughly 7% to 8%. The renewable energy IPP will remain open for bidding until August 3, 2026. Juniper Green Energy…
Japan and South Korea Stocks Diverge as Nikkei 225 Jumps 0.93%, KOSPI Falls 1.10%, SK Hynix Slides Over 6%
Asian markets split sharply on Thursday, July 30, 2026, after two brutal days of chip-stock selling. The Nikkei 225 rebounded 0.93% to 62,003.09, recovering some of Wednesday’s losses. South Korea’s KOSPI fell 1.10%, dragged lower by SK Hynix’s 6.50% slide. Regulators moved to cap leveraged ETF exposure amid intensifying volatility concerns across the region. Nikkei…
Korean Stocks Tumble as SK Hynix Drops Almost 20%, AI Chip Rally Loses Steam
On July 29, 2026, Korean stocks came under heavy selling pressure after SK Hynix shares fell nearly 20%, erasing a large part of this year’s AI-driven gains. The decline came despite the chipmaker reporting record revenue and a sharp rise in quarterly profit. Investors had expected even stronger results, and the market responded quickly. The…
Japan’s Defense Budget Hits $63B as Air-Missile Systems Reshape Strategy July 29
Japan’s FY2026 defense budget reaches $63 billion as PM Takaichi Sanae prepares new security documents to reshape air and missile defense strategy amid China tensions.
iPhone Air Plunges 26% on Amazon Japan as Inventory Glut Deepens July 29
iPhone Air hits 26% discount on Amazon Japan on July 29. The 1TB model falls to ¥169,800 from ¥229,800, signaling demand weakness and inventory glut for Apple’s thin flagship.
USDA Issues Class I Recall of 12,036 Pounds of Maple Leaf Bacon on July 29
USDA recalls 12,036 pounds of Maple Leaf Foods bacon imported from Canada for bypassing mandatory US import reinspection. Affected products sold in Idaho, Oregon, and Washington.
SK Hynix Quarterly Profit Jumps 557% but Falls Short of Market Expectations
On July 29, 2026, SK Hynix reported a 557% increase in quarterly operating profit, helped by strong demand for high-bandwidth memory (HBM) chips used in artificial intelligence (AI) systems. The company also recorded its highest-ever quarterly revenue, reflecting continued growth in AI-driven memory demand. Even so, the results came in below market expectations, and the…