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US strikes $1.2bn deal to pay German firm to halt offshore wind projects
Posted inBusiness News USA

Trump Administration Pays RWE $1.2 Billion to End US Offshore Wind Projects

The Trump administration has agreed to pay German energy company RWE about $1.22 billion as the company gives up three offshore wind leases in the United States, ending planned projects…
Posted by Chetan Sharma August 7, 2026
Atlassian TEAM stock rises following strong earnings, cloud growth and increased AI adoption.
Posted inBusiness News

Atlassian Stock Surges 30% After Earnings Beat — Why TEAM Shares Are Soaring

Atlassian shares surged more than 30% in after-hours U.S. trading after the Australian-founded software company delivered a stronger-than-expected fiscal fourth quarter, giving investors fresh reasons to rethink fears that artificial…
Posted by Gyanendra Singh August 7, 2026
Coles Job Cuts 2026
Posted inAustralia Business News

Coles Job Cuts 2026: Hundreds of Australian Corporate Roles Move to India Under Accenture Deal

Coles is moving several hundred Australian corporate roles into an expanded outsourcing arrangement with Accenture, with much of the work expected to be performed in India as the supermarket group…
Posted by Ankit Sharma August 7, 2026
International Motors to Lay Off 1,341 Workers After Selling Ohio Plant to Roshel
Posted inBusiness News

International Motors to Lay Off 1,341 Workers After Selling Ohio Plant to Roshel

International Motors plans to eliminate 1,341 jobs at two manufacturing facilities in Springfield, Ohio, as the truck maker prepares to sell most of its operating assets at the sites to…
Posted by Chetan Sharma August 6, 2026
UK Approves $110 Billion Paramount-Warner Bros. Discovery Merger as US Antitrust Battle Continues
Posted inBusiness News

Paramount-Warner $110B Deal Gets UK Approval, US Lawsuit Remains

Paramount-Warner Bros. Discovery UK Approval Article Preview Paramount Skydance has cleared a major UK regulatory hurdle in its proposed acquisition of Warner Bros. Discovery after Britain's Competition and Markets Authority…
Posted by Chetan Sharma August 6, 2026
Is Old Monk Banned in India? - FSSAI’s Full Liquor List- Swikblog
Posted inBusiness News

Is Old Monk Banned in India? FSSAI’s Full Liquor List, Affected Variants and Reasons

India’s food-safety regulator has taken action against selected rum and whisky products linked to Old Monk, McDowell’s No. 1, Antiquity Blue, Royal Challenge and other familiar brands. Laboratory tests cited…
Posted by Chetan Sharma August 5, 2026
Salad and Go Closing? All 70 Locations
Posted inBusiness News

Why Is Salad and Go Closing? All 70 Locations Shut Down After Chapter 11 Bankruptcy

Salad and Go will serve its final customers on Wednesday, August 5, before permanently closing every remaining restaurant in Arizona and Nevada. The Gilbert-founded drive-thru chain announced the shutdown after…
Posted by Chetan Sharma August 5, 2026
HughesNet Files Chapter 11 Bankruptcy
Posted inBusiness News

HughesNet Files Chapter 11 Bankruptcy: Will Internet Service Continue?

HughesNet customers will continue to receive satellite internet service without interruption despite Hughes Satellite Systems entering Chapter 11 bankruptcy protection. The company has confirmed that internet connections, monthly billing, customer…
Posted by Chetan Sharma August 4, 2026

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