• Qantas’ full-year profit falls 14%

    Published Thu, Aug 27, 2026 · 07:03 AMAUSTRALIA’S Qantas Airways reported a 13.8 per cent drop in its full-year pre-tax underlying profit on Thursday (Aug 27), hurt by surging jet fuel prices due to the Middle East conflict that outweighed gains from higher fares.The country’s flag carrier reported underlying profit before tax of A$2.06 billion (US$1.48 billion) for the year ended Jun 30, compared with A$2.39 billion reported a year ago.That slightly beat the Visible Alpha consensus estimate of A$2 billion. REUTERS Source link

Business

  • Singapore’s 5.9% Q2 GDP Growth Shows AI Is Becoming an Economic Engine

    Singapore’s economy expanded by 5.9% annually in the second quarter of 2026, surpassing an earlier estimate of 5.7%, as robust global demand and artificial intelligence growth contributed. The Ministry of Trade and Industry (MOTI) increased its full-year growth projection from 2% to 4.5% to 5.5%. In the first half of…

Lifestyle

  • Don’t let RFK Jr distract from the big health threat: Sugar

    It’s not the food dye in Froot Loops that Americans should fear; it’s the more than 66 pounds of sugar they consume a year ARE there “toxic chemicals” in food killing Americans? That fear is getting lots of attention thanks to Robert F Kennedy Jr, president-elect Donald Trump’s pick to…

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World

  • China Sent Iran Shoulder-Fired Missiles by Land After Xi Denied It to Trump

    While Xi Jinping was personally assuring Donald Trump that China would not arm Iran under any circumstances — a pledge Trump posted to Truth Social around July 24 — a Hong Kong intermediary called Zhongqing Baoshang International Investment was finalizing a contract to deliver between 300 and 400 Chinese-made shoulder-fired…

Culture

  • Upset Taylor Swift says she was told Ticketmaster could handle demand

    POP superstar Taylor Swift said on Friday it was “excruciating” for her to watch fans struggle to secure tickets for her upcoming U.S. tour after she had been assured that Ticketmaster could handle large demand. The New York Times reported that the US Justice Department was investigating whether Ticketmaster parent…

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