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Houthis Seize Red Sea Strait as Italy Deploys Navy on September 19
Houthis control Bab al-Mandeb Strait after September offensive. Italy deploys navy independently. 12% of global trade at risk as shipping costs soar and regional conflict escalates.
Steel Tycoon Sanjeev Gupta’s Empire Collapses: 500 Jobs Lost at Whyalla
Sanjeev Gupta’s steel empire collapses with 500 job losses at Whyalla. Investigative journalist Paul Barry’s book reveals how the tycoon fooled governments and creditors across the world.
Warren Buffett Steps Down as Berkshire Chairman; Son Howard Takes Over
Warren Buffett steps down as Berkshire Hathaway chairman after 56 years. His son Howard takes over. Buffett, 96, cites age and CEO Greg Abel’s success.
Billionaire Portelli Flees Australia for Dubai Over Tax Crackdown
Billionaire Adrian Portelli moves to Dubai, citing Australia’s harsh tax settings and regulatory burden. He warns the country is chasing away success and driving out entrepreneurs.
Singapore Airlines Wins World’s Best Airline Award for Sixth Time
Singapore Airlines named world’s best airline at 2026 Skytrax Awards, winning for the sixth time. SIA also won best economy class and best airline in Asia categories.
Oriental Land Stock Surges 45% From May Low as Disney Sea 25th Anniversary Boosts Q1 Earnings
Oriental Land (4661.T) stock climbed 45.9% from May lows to ¥3,068 on September 17 after Q1 operating profit jumped 23.1%. The company offers special 100-share dividend for 30th listing anniversary.
ATO Tax Prosecutions Jump 80% as $2.7M in Fines Handed Down, September 18
ATO prosecutions for tax evasion jump 80% in two years, with over 350 people convicted and $2.7 million in fines. Queensland, WA and NSW account for three-quarters of cases.
ATO Tax Prosecutions Jump 80% as $2.7M in Fines Handed Down, September 18
ATO prosecutions for tax evasion surge 80% with $2.7 million in fines. Over 350 individuals and businesses convicted in shadow economy crackdown targeting non-lodgers and cash-in-hand workers.
Diddy’s Lawyers Quit $100M Case Over Six Months of Unpaid Fees
Sean Combs’ civil attorneys withdraw from $100M defamation case, alleging six months of unpaid fees and lack of cooperation. Combs disputes the charges.