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Citi Tops Global IPO Underwriting, Overtakes Goldman Sachs in 2026
Citigroup takes top spot in global IPO underwriting through September 2026, ahead of Goldman Sachs, after advising on SK Hynix $26.5B and SpaceX $86B listings.
Philippines-Singapore Cable Restored After October 2 Outage
Philippines-Singapore submarine cable outage on October 2 disrupted internet for PLDT, Globe, and Converge users. The C2C cable was restored by October 3 after telcos rerouted 300Gbps of traffic.
Getty Images Avoids Default, Faces NYSE Delisting October 3
Getty Images avoids default with last-minute $51.6M bond payment but faces NYSE delisting. Stock down 99% since 2022 SPAC debut as AI competition pressures stock imagery business.
NATO Faces Defence Spending Splits as Italy Cuts €8bn Budget October 3
NATO defence spending fractures as Italy cuts €8bn budget while Denmark, Poland and UK boost military investment. Russia’s nuclear threats and Arctic activity drive European rearmament.
Paramount-Warner Bros. $111B Merger Clears Final Legal Hurdle on September 29
Paramount Skydance settles $111 billion Warner Bros. merger antitrust case with 12 states. Judge must still approve the deal. Paramount faces film distribution and spending commitments.
Google Marks 28th Birthday on September 27 With Nostalgic Doodle
Google turns 28 on September 27, 2026, marking 28 years since Larry Page and Sergey Brin founded the search engine. The company celebrates with a nostalgic Doodle and reflects on its global expansion.
USDA Issues Class I Meat Recall: 167,639 Pounds Bypass Federal Inspection
Star Meat Delivery recalls 167,639 pounds of beef, pork, and goat products produced without USDA inspection but bearing false inspection marks. Class I recall affects retailers and restaurants nationwide.
Claude Opus 5.5 Launches at 40% Lower Cost as OpenAI Fires Back
Anthropic’s Claude Opus 5.5 cuts API costs 40% to $4/$20 per million tokens. OpenAI responds with GPT-6 Sol and Luna at half price. Direct competition heats up in AI model market on September 22.
Nasdaq Surges 2% to Record as Tech Stocks Rally on Oil Decline
Nasdaq hits record high with 2.26% gain as tech stocks surge and oil prices fall 4.5%. S&P 500 posts best day since early August amid AI rally and geopolitical optimism.