- Pick & Scroll News
- Posts
- 🗞️ Juicy
🗞️ Juicy
One of our favourite festivals here at Pick & Scroll, La Tomatina completed its 80th year this week.
Pick & Scroll News
August 29, 2025
Was this email forwarded to you? Sign up here
|  |
Good morning. One of our favourite festivals here at Pick & Scroll, La Tomatina completed its 80th year this week.
About 22,000 people flooded the small streets of Bunol to throw tomatoes at each other in one of the more bizzare global festivals.
If you want to see what 150,000kg of tomatoes dropped into a small street with thousands of people looks like, here is your video.
All the headlines and more below...
AUSTRALIAN AND GLOBAL NEWS
Cattle prices reach 3-year high following wet winter
The wettest August on record for parts of NSW, including Sydney, has sent ripples through the state’s agricultural sector and pushed livestock prices to the highest in 3 years. LINK
Australian universities are facing funding challenges as they balance international student numbers and maintaining education quality. LINK
The US dollar weakened as markets anticipate a September Federal Reserve rate cut. LINK
China has resumed Australian canola purchases after trade tensions as the country looks for supply diversification from Canada. LINK
COMPANY NEWS
ANZ email error tells staff of ‘exit date’ before they knew they were losing their jobs
ANZ Bank apologised after mistakenly informing employees about returning laptops before redundancy notifications. LINK
OpenAI will establish a Sydney office to support growing Australian ChatGPT usage. LINK
Emirates recorded a 30% increase in first-class caviar consumption on its Dubai-London route. LINK
Mosaic Brands has been fined $25.05M for failing to deliver nearly 740,000 items on time before the company's liquidation. LINK
Qantas has launched a double status credits or points promotion for bookings this week. LINK
Nvidia set a new quarterly sales record of US$46.74B amid concerns about AI sector valuation and China trade tensions. LINK
Wesfarmers has announced a $1.7B dividend after reporting a 14% profit rise to $2.93B as retail crime drives security product demand at Bunnings. LINK
Mastercard has expanded its McLaren Racing sponsorship through a new global fan initiative called Team Priceless. LINK
Air New Zealand has warned of engine issues and weak domestic demand affecting future profits after reporting a smaller annual profit decline. LINK
Microsoft has fired 2 employees for staging an office protest over Israeli ties. LINK
YouTube has reached a short-term deal with Fox to maintain Fox channels on YouTube TV whilst negotiating a longer agreement. LINK
Lifestyle Communities recorded a $195.3M loss in FY25 due to a $135.5M property write-down and $54.5M tax provision. LINK
Ramsay Health Care saw its FY25 profit fall to $23M from $888.7M due to a $291M UK impairment while revenue rose 6.3%. LINK
Eagers Automotive reported record first-half revenue of $6.5B with a 9.3% rise in operating profit. LINK
HP exceeded quarterly revenue expectations due to strong AI PC demand and Windows 11 upgrades. LINK
Medibank posted a 1.7% profit rise to $500.8M while ending its COVID giveback program. LINK
IDP Education reported a 58% profit drop to $64.7M as student placement volumes fell 29%. LINK
TPG Telecom reported a surge in first-half profit to $32M from $7M a year earlier, as service revenue rose 2.2% to $2.06B driven by 100,000 new mobile subscribers following its regional network expansion. LINK
Snowflake increased its FY26 revenue forecast due to strong AI-driven enterprise demand. LINK
Qantas reported a $2.39B profit while receiving a $90M fine for COVID-era outsourcing breaches. LINK
Google has launched AI features in its Pixel 10 phones with real-time voice translation and smart photography tools. LINK
ONE MORE SCROLL
Editor’s Pick: Security forces capture pigeon carrying chit to blow up Jammu railway station.
Draft Pick: Giant slain: Grimsby has stunned Man United in historic upset.
Odd Pick: Photos of the World’s Ugliest Dog Contest held in California.
TOGETHER WITH
Take what you’re doing offline and circle back on team wellness because real team bonding happens with puppies, not PowerPoint. Give your team an event they’ll actually look forward to with Puppy Yoga!
We’ve got you covered with Corporate Cuddles and Puppy Yoga 🐶
TRIVIA
What is the only country that can be typed using letters from just one row on a QWERTY keyboard?
Answer below
OUR SOCIALS
 |