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HSBC Exits Australian Retail Banking; Sells $36B Loan Book to Blackstone
HSBC closes all 19 Australian retail branches over 18 months after selling $36B loan portfolio to Blackstone. Pepper Money to service mortgages from early 2027.
Jemima Montag Wins 10,000m Race Walk Gold as Australia Sweeps Podium at Commonwealth Games
Jemima Montag wins women’s 10,000m race walk gold at Glasgow Commonwealth Games with a time of 42:13.40. Australia sweeps the podium with McMillen silver and Henderson bronze.
UK Seizes Russian Shadow Fleet Tanker in Channel as Sanctions Tighten
UK intercepts Russian shadow fleet tanker SMYRTOS in English Channel. Captain charged with sanctions breach. Operation disrupts Putin’s oil smuggling network.
House Passes Daylight Saving Bill as Trump Pushes Senate on August 01
House passes Sunshine Protection Act 308-117 to make daylight saving time permanent. Trump calls senators to support the bill before Senate vote.
Jack Charlton’s Son Forced to Hand Back 1966 Medal Over £200k Tax Bill, August 01
Jack Charlton’s son John was forced to hand back his father’s 1966 World Cup medal to avoid a £200,000 inheritance tax bill. The medal is now held by his 93-year-old mother, Pat.
Bayern Munich Puts Three Stars on Transfer List as Eberl Exits Palhinha
Bayern Munich lists Joao Palhinha, Sacha Boey, and Bryan Zaragoza for transfer. Director Max Eberl says the trio have no future at the club and will not feature if they stay.
Sony Ends PlayStation Disc Production by January 2028; Gamers Revolt
Sony will end physical PlayStation disc production in January 2028. Digital downloads now account for 78% of game sales. Gamers and developers express concern over lost ownership and access.
HSBC Exits Australian Retail Banking After 40 Years; Sells $36B Loan Book to Blackstone
HSBC exits Australian retail banking after 40 years, selling its $36 billion loan book to Blackstone. All 19 branches to close over 18 months. Pepper Money will service the loans.
Apple Pay Outage Hits 1,300 Users on July 31 as Wallet Services Fail
Apple Pay outage on July 31 left 1,300+ users unable to transfer money or make payments. Fund transfers accounted for 57% of complaints. Apple acknowledged the issue but provided no timeline for resolution.