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Moderna Soars 177% on Melanoma Vaccine Win; August 20 Update
Moderna jumped 177% to $174.38 after Phase 3 melanoma vaccine trial success with Merck. The mRNA therapy reduced recurrence risk and represents the first approved late-stage cancer vaccine.
Aldi Worker Ordered to Pay $1,230 After AI-Generated Unfair Dismissal Claim Fails
Sydney Aldi worker ordered to pay $1,230 in legal costs after Fair Work rejected his AI-generated unfair dismissal claim. He was dismissed three days short of the six-month eligibility threshold.
Moderna Soars 177% on Melanoma Vaccine Win; Merck Gains 12%
Moderna jumped 177% and Merck rose 12% after announcing the first Phase 3 win for an mRNA cancer vaccine. The personalized treatment reduced melanoma recurrence risk significantly.
Alibaba Sells Lingxi Games for $1.5B, Pivots to AI on August 20
Alibaba sells gaming unit Lingxi Games to Trustar Capital for USD 1.5 billion, redirecting capital to AI and cloud infrastructure as part of CEO Wu Yongming’s business restructuring.
Russians Pull €24.4B From Banks in 7 Months as War Fears Mount
Russians withdrew €24.4 billion from banks in the first seven months of 2026, fearing the Kremlin will seize deposits to finance the Ukraine war. Five of Russia’s seven largest banks recorded net outflows.
KPMG Cuts 500 Staff, Spares Audit Team Amid Scandal Fallout
KPMG Australia axes 500 staff including 50 partners after audit scandal. Audit division spared despite being central to misconduct. Treasury considers breaking up Big Four.
Berlin Faces €7.2 Billion Beamte Backpay Bill After Court Ruling on August 19
Berlin civil servants may receive €1.3 to €7.2 billion in back pay after Federal Constitutional Court ruled their salaries fell below constitutional minimums from 2008 to 2020. Individual payouts could reach €123,256.
Milky Mist (NSE: MILKYMIST) Shares Hit 10% Upper Circuit at ₹199.65 on Day 2 After Strong IPO Debut
Milky Mist shares hit their 10% upper circuit at ₹199.65 on the NSE on Wednesday, August 19, 2026. That marked a second straight day of maximum gains following the dairy company’s stock market debut. Shares also hit the ₹199.55 upper circuit on the BSE, defying broader Indian market weakness. The stock has now surged 42.60%…
Zaggle Prepaid (NSE: ZAGGLE) Shares Surge 15% to ₹190.94 as Vijay Kedia Firm Buys 1.48% Stake
Zaggle Prepaid Ocean Services shares surged as much as 17% intraday on Wednesday, August 19, 2026, before settling near the 15% mark around ₹190.94. The rally followed news that ace investor Vijay Kedia’s firm, Kedia Securities, bought a 1.48% stake in the fintech company. The stock had crashed to a record low just one day…