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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.
Honda Elevate Facelift Launches at Rs 11.80 Lakh with Bold New Design
Honda Elevate facelift launched in India at Rs 11.80 lakh with new LED design, upgraded interior, and six variants. Pre-bookings open with Rs 21,000 token amount.
Suboo Fashion Label Collapses into Liquidation with $655k Debt
Suboo, the Australian fashion label worn by Gigi Hadid and Kendall Jenner, has collapsed into liquidation with $655,000 in debts after 14 years in business.
Togo Supermarket Files for Bankruptcy in Kagoshima; 300M Yen Debt
Togo Supermarket in Kagoshima files for bankruptcy with 300 million yen in debt after sales collapsed from 1.2 billion to 580 million yen. Competition from convenience stores and a new rival supermarket accelerated the decline.
Deluge Raises S$23.4M in SGX IPO as Fire Safety Rules Tighten October 6
Deluge raises S$23.4M in SGX IPO priced at S$0.60 per share. The fire-protection firm holds 8.3% of Singapore’s market and eyes regional expansion as Malaysia tightens fire safety rules for 9,451 buildings.
SiriusXM Comedy Backlash: 66% of Comedians Cut as Maniscalco Takes Over October 6
SiriusXM replaced Raw Comedy with Sebastian Maniscalco’s channel, cutting 537 comedians from rotation. Working comics lost $15-per-spin royalties. Patton Oswalt, Michelle Wolf, and others demand restoration.
ASOS Stock Plunges 14% After Hackers Send Ransom Demand via App
ASOS shares fell 14% after hackers sent customers a ransom demand via push notification on October 6. The company says payment data was not affected and its website remains operational.
Rakuten Stock Slides as 101M Member Data Breach Claim Surfaces October 6
Rakuten denies a claim that 101 million member records are being sold on the dark web for $700. The company separately confirmed a breach of its cloud storage service affecting 15,382 accounts.
Ticketmaster Outage Strands Fans, Reignites Antitrust Debate October 6
Ticketmaster ticket transfers failed Friday, stranding fans at concerts and sports events. The outage lasted into Saturday and reignited antitrust concerns over the company’s control of live ticketing infrastructure.