Andy Burnham Faces Windfall Tax Pressure as UK Banks Report £29bn Profits

Andy Burnham Faces Windfall Tax Pressure as UK Banks Report £29bn Profits

Following soaring half-year profits exceeding £29bn among the UK’s four largest lenders, Prime Minister Andy Burnham faces mounting political pressure from trade unions and campaigners to introduce a bank windfall tax ahead of the October 28 budget, even as banking executives warn of severe economic consequences. UK bank stocks have returned to the political firing … Read more

Bharti Airtel Reports Q1 Net Profit of Rs 8,167 Crore on Revenue Growth

Bharti Airtel Reports Q1 Net Profit of Rs 8,167 Crore on Revenue Growth

Bharti Airtel announced its financial results for the quarter ending June 30, 2026, reporting a consolidated net profit of Rs 8,167 crore. Financial Performance and Revenue Growth in Q1 FY27 Bharti Airtel Limited registered audited consolidated results for the quarter ended June 30, 2026. Consolidated revenues reached Rs 58,539 crore, representing an 18.4 per cent … Read more

Singapore Proposes Lower Collective Sale Thresholds for Older Properties

Singapore Proposes Lower Collective Sale Thresholds for Older Properties

Singapore’s collective sale regime is facing a legislative change. The Ministry of Law introduced the Land Titles (Strata) (Amendment) Bill 2026 in Parliament, proposing a tiered consent framework that lowers the approval barrier for older private residential properties. Under the existing framework, which has remained largely unchanged since its introduction in 1999, most developments require … Read more

UEFA Threatens FIFA With Legal Action Over Scrapped Commercial Plan

UEFA Threatens FIFA With Legal Action Over Scrapped Commercial Plan

European football’s governing body UEFA has threatened The New York Times and its president, Gianni Infantino, with legal action, arbitration, and regulatory complaints following a scrapped commercial plan to sell stakes in the World Cup and other tournaments. UEFA Threatens FIFA and Gianni Infantino With Legal Action The controversy centers on the proposed creation of … Read more

Ghana Cocoa Production Projected To Drop 16 Percent In 2026-2027 Season

Ghana Cocoa Production Projected To Drop 16 Percent In 2026-2027 Season

Ghana’s cocoa production is projected to drop by at least 16% in the 2026 to 2027 season, driven by excessive rain, potential El Niño conditions, and plant diseases. Market regulator COCOBOD confirmed the downturn, which compounds existing agricultural pressures in the world’s leading cocoa-producing region. Weather Extremes and Biological Pressures Drive the 2026-2027 Decline Market … Read more

DNA Brands to Provide S$1 Million in Refunds After CCCS Probe into Sales Tactics

Singapore beauty and wellness chain DNA Brands has agreed to provide up to S$1 million in refunds following an investigation by the Competition and Consumer Commission of Singapore. Regulators found that staff used high-pressure sales tactics, including applying facial masks to keep customers trapped in treatment rooms until they agreed to purchase packages. High-Pressure Tactics … Read more

Angola’s Catoca Mine Says State Sales Rules Cost Millions in Revenue

Angola produced 15.2 million carats of diamonds valued at $1.81 billion in 2025, ranking behind only Russia and Botswana globally. While state officials push to expand cutting, polishing, and local jewelry manufacturing, the country’s dominant diamond mine estimates that historical marketing rules have cost it hundreds of millions in lost revenue. Reforming the Diamond Marketing … Read more

Kia Sales Indonesia Launches Second-Generation Seltos at GIIAS 2026

Kia Sales Indonesia launched the second-generation Seltos on July 29, 2026, at the Gaikindo Indonesia International Auto Show in Tangerang. Built on the K3 platform, the redesigned five-seater SUV starts at 359 million rupiah across three variants, offering a 1.5-litre naturally-aspirated engine and advanced driver assistance systems. Pricing and Variant Lineup at the Gaikindo Indonesia … Read more

SK Hynix Earnings Miss Triggers Sell-Off as Asian Chip Stocks Sink

Asian chip stocks plunged for a second session Wednesday as South Korean memory giant SK Hynix reported record quarterly earnings that fell short of market forecasts. The disappointing results and rising concerns over Chinese semiconductor advancements triggered broad regional losses, pulling down major technology shares across global markets. SK Hynix Earnings Disappoint Despite Record Profit … Read more

Global Dominion Access Releases Financial Performance Report for First Half 2026

Global Dominion Access released an interim financial report for the first half of 2026, detailing economic and financial performance across revenue, operating margins, EBITDA, and net profit while also outlining shareholder return and ownership structure. Global Dominion Access SA has released an analysis of its results for the first six months of 2026, providing stakeholders … Read more

UK Government Launches Great British Summer Savings Scheme

A little girl with blonde plaits is playing with sheep at Puxton Park near Weston super Mare

While designed to help families and struggling hospitality businesses, analysts debate whether temporary discounts drive genuine new visits or simply subsidize trips people planned anyway. The Great British Summer Savings Scheme and What It Costs The long summer holidays routinely stretch household finances. Day trips to theme parks, zoos, and soft play centres accumulate costs … Read more