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Ernst Tanner Lindt Crisis: Prices Too High, CEO Out
Lindt & Sprüngli chairman Ernst Tanner has broken his silence on the worst crisis of his 33 years at the Swiss chocolate maker, admitting the company raised its prices too far and lost customers in its second-biggest market. The Ernst Tanner Lindt interview, published by the NZZ am Sonntag on 24 October 2026, came days…
Shum Chun-ying, Hong Kong’s “Master Shum”, Dies at 65
Hong Kong stock commentator Shum Chun-ying, known to a generation of retail investors as “Master Shum”, has died at the age of 65. His younger sister, Shum Chun-shan, confirmed the news in an obituary issued on 25 October, a day after Shum Chun-ying collapsed on a street in Wan Chai and died at Ruttonjee Hospital….
Lindt Chocolate Now Cheaper Than Milka in Germany — And Its CEO Paid the Price
For years, Lindt sat on the top shelf of German supermarkets as the premium option — the bar shoppers reached for when they wanted something a little better than everyday chocolate, and paid a little more for it. This week that logic flipped. Lindt cheaper than Milka is now a real price on German shelves,…
Hong Kong’s 90-Year-Old Kuei Lee Soy Sauce Brewery Closes After Factory Land Resumed
The Kuei Lee soy sauce closure marks the end of one of Hong Kong’s most recognisable heritage food brands. The nearly 90-year-old soy sauce maker has stopped production at its Kwu Tung factory and will close its Wanchai shop once remaining stock sells out, after its land was resumed under the Northern Metropolis development plan….
Neha Bora Delhi HC: Peace Bond Hearing Verdict Friday
Delhi HC reserved its verdict on AISA president Neha Bora’s challenge to a ₹10,000 police peace bond, after a sharp debate on free speech and regime change.
Australia’s Debt Surge: Why Households Are Feeling the Squeeze at 4.6%
Australian household debt is trending for an uncomfortable reason: borrowers are now carrying the heaviest debt-servicing load since the late 1980s, even though official interest rates are less than a third of what they were back then. The Reserve Bank of Australia (RBA) has lifted the official cash rate to 4.60 per cent — its…
Jio IPO: Inside the Record ₹30,213 Crore Issue Shaking Up Indian Markets
The Jio IPO has become the biggest market story in India in years. Jio Platforms’ ₹30,213 crore public issue has drawn total demand of ₹3.2 lakh crore, with public subscription hitting 3.1 times on the first day and the anchor book drawing bids worth more than ₹2.5 lakh crore. It is the first public issue…
France Travel Reimbursement: Why ‘Remboursement’ Just Spiked on Google Trends
France travel reimbursement is suddenly one of the most-searched finance topics in the country. The term “remboursement” surged past 10K searches on Google Trends France in the last 24 hours, driven by travellers heading abroad for the Toussaint holidays who want to know one thing: how do I get my money back if I pay…
Trump’s Bombardier Reversal: What the Kansas Rally U-Turn Means for Investors
The Trump Bombardier story took a sharp turn on Monday night. Speaking at a campaign rally outside Wichita, Kansas, US President Donald Trump walked back his threat to ban Bombardier jet sales in the United States, saying he had learned the Canadian plane maker is a major American employer. Bombardier shares closed Tuesday up about…