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Anthropic Strikes $9.1 Billion AI Cloud Deal With Riot Platforms to Expand Claude Computing Capacity
Anthropic has struck a $9.1 billion, 20-year computing deal with Riot Platforms Inc. to expand capacity for its Claude AI models. The agreement covers 191 megawatts of IT capacity at Riot’s Rockdale, Texas campus, enough to power roughly 143,000 homes. Riot Platforms shares surged over 25% in after-hours trading Monday, August 10, 2026, after Bloomberg…
Diageo’s India Unit Fights FSSAI Ban on McDowell’s, Old Monk in Court
United Spirits and Mohan Meakin challenge FSSAI bans on McDowell’s and Old Monk in Bombay High Court. Diageo faces multiple product prohibitions over labelling and flavouring claims in India.
Sydney Airport Hit by Worst Delays in Six Months as Air Traffic Controllers Fall Short
Sydney Airport faced its worst delays in six months on August 7 as air traffic controller shortages left over 150 flights delayed up to 90 minutes. Qantas, Jetstar, and Virgin Australia all affected.
UK Parents Turn to Unsafe Feeding as Formula Prices Jump 45%, Study Finds
Swansea University study finds 40% of UK parents resort to unsafe infant formula practices as prices soar 45%. Nearly half fall into unmanageable debt; 10% shoplift formula.
Asian Shares Mixed as Nikkei 225 Falls 0.3%, Shanghai Gains 0.8%, Oil Rises Over 1%
On August 7, 2026, Asian stock markets ended the session with mixed results as investors responded to fresh economic data from across the region. Japan’s Nikkei 225 fell 0.3%, while China’s Shanghai Composite rose 0.8%, helped by improving confidence in Chinese stocks. At the same time, oil prices climbed more than 1%, adding to concerns…
Eutelsat Expects 2027 Revenue Increase Driven by 30%+ LEO Satellite Expansion
On 7 August 2026, Eutelsat said it expects revenue growth in fiscal 2027 as its low Earth orbit (LEO) satellite business is set to expand by more than 30%. The company is moving away from its declining TV broadcasting operations and focusing more on connectivity services powered by OneWeb. With demand increasing from governments, businesses,…
American Airlines Changes Elite Upgrade Policy for Hawaii and Transcontinental Routes
American Airlines will overhaul its complimentary elite upgrade policy starting Wednesday, August 25, 2026, ending free coach-to-business upgrades on select Hawaii and transcontinental routes. AAdvantage status members booking Main Cabin fares will now upgrade only to Premium Economy on affected flights, not directly into Business Class. American Airlines stock closed at $16.61 on August 6,…
Byron Donalds Emerges as Top Backer of Florida Property Tax Amendment
Byron Donalds leads Republican primary race while championing Florida’s property tax Amendment 3, which a judge found had misleading ballot language. Voters back the measure 74%, but it faces growing opposition.
Tata Nexon Camo Edition Launches at Rs 9.99 Lakh on August 6
Tata Motors launches Nexon Camo Edition at Rs 9.99 lakh with exclusive Munnar Mist and Coorg Cloud colours, 12.3-inch touchscreen, and integrated dashcam. Limited-period offering available across five trims.