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Nike Stock Hits 13-Year Low as Q1 Revenue Misses, Layoffs Loom
Nike shares plunge 9% to 13-year low after Q1 revenue miss and weak FY2027 outlook. Company plans $2.5B cost cuts and layoffs starting 2027.
ATO Stops Credit Card Payments From November 30, 2026
ATO ends credit card tax payments from November 30, 2026, following Reserve Bank surcharge ban. Small businesses and opposition say the move is unfair and removes vital cash-flow flexibility.
ANZ Drops KPMG as Auditor After 57 Years Amid Scandal
ANZ ends 57-year audit relationship with KPMG, worth A$29 million annually, as the accounting firm faces fallout from whistleblower allegations over confidential data misuse.
Five Canadian Provinces Raise Minimum Wage on October 1, 2026
Ontario, Manitoba, Saskatchewan, P.E.I., and Nova Scotia raised minimum wages on October 1, 2026. Ontario’s rate hit $17.95/hour, but living wage advocates say increases fall short of actual cost of living.
Sumo Prize Money Hits Record 56.1 Million Yen in September as Sponsorship Boom Continues
Yokozuna Onosato earned 56.12 million yen in September sumo tournament, with record 698 sponsorship bets generating 41.88 million yen. Sumo prize money surges as fan interest peaks.
ATO Bans Credit Card Tax Payments From November 30, 2026
ATO stops accepting credit card tax payments from November 30, 2026. Small businesses face cash flow squeeze as they absorb card processing costs the tax office refuses to carry.
Singapore T-Bill Auction Oct 8: Yields Hit 1.92% as US Rates Surge
Singapore T-bill auction October 8 sees 6-month yields at 1.92%, up from 1.70% two weeks prior, as US Federal Reserve rate hike pushes global bond yields higher.
CBA Extends Regional Branch Pledge to December 2030
Commonwealth Bank commits to keeping 281 regional branches open until December 2030, investing A$140 million and maintaining cash access despite declining usage.
Indian Pilot Smit Machchhar Hailed Hero After Thwarting Cockpit Attack on Flydubai Flight
Indian pilot Smit Machchhar was stabbed by his co-pilot on FlyDubai flight FZ1073 to Tel Aviv on September 30. Despite injuries, he fought back and opened the cockpit, allowing passengers to stop the attack and land safely in Saudi Arabia.