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Galderma Joins SMI Index as Sales Growth Accelerates to 24.6% in H1 2026
Galderma joins SMI index as Switzerland’s leading dermatology company. Net sales grew 24.6% in H1 2026, prompting guidance raise to 19-21% for full year. GALD.SW up 3.6% on the news.
Telstra Loses Triple Zero Control as Senate Backs Nationalisation on September 22
Senate inquiry recommends Telstra lose Triple Zero control to new federal authority after outages blocked emergency calls and caused deaths. Telstra’s contract runs until 2032.
Meta Stock Soars 11% as Wells Fargo Raises Target to $796, Muse AI Tops App Store
Meta stock surged 11% to $741.25 after Wells Fargo raised its price target to $796 on strong Muse AI downloads and successful model launches. The stock is up 30% in three months.
Telstra Faces Loss of Triple Zero Control as Senate Pushes Nationalisation
Senate inquiry calls for Telstra to lose Triple Zero control and for the emergency service to be nationalised. The recommendation follows outages linked to deaths and has backing from Labor, Coalition, and Greens.
Newark Airport Chaos: 900+ Flights Canceled After Cable Cut on September 21
A construction crew cut a fiber-optic cable in New Jersey, knocking out air traffic control at five Northeast airports. Over 900 flights canceled, 5,000 delayed. Operations resumed Monday evening.
House Foods Sells CoCo Ichibanya for ¥200B+ as Tokyo Exchange Pressures Parent-Child Breakup
House Foods sells CoCo Ichibanya curry chain for ¥200B+ via MBO. Record ¥655B revenue, but Tokyo Exchange pressure and capital efficiency goals force breakup of 11-year ownership.
Xiaomi 18 Pro Max Launches September 23 With 8,500mAh Battery
Xiaomi 18 Pro and 18 Pro Max launch September 23 with 8,500mAh batteries, 4,000-nit privacy displays, and dual 200MP Leica cameras. Meyka rates 1810.HK B+.
Wendy’s Largest Franchisee Files Chapter 11 as Beef Costs, Discounts Crush Margins
Meritage Hospitality, one of Wendy’s largest franchisees with 314 locations, files for Chapter 11 bankruptcy citing 48% earnings collapse, beef inflation, and weak marketing under prior leadership.
BYD Shark Hacked by Cybersecurity Expert; Security Flaws Exposed on September 22
Cybersecurity expert Dan Hreszczuk remotely hacked a BYD Shark 6, controlling headlights, doors, and wipers. The breach exposes security risks in Chinese EVs that dominate Australia’s market and collect vast amounts of driver data.