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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.
Chinese Frozen Food Violations Surge in Japan: 37 Broccoli Cases, E. Coli Detected
Japan reports 37 cases of carcinogenic pesticide in Chinese frozen broccoli and E. coli in mixed salads. Frozen seafood from China shows paralytic shellfish toxin in clams and E. coli in flounder, widely used in izakayas and sushi chains.
Chinese Frozen Seafood Poses Health Risk in Japan: E. Coli, Toxins Detected
Chinese frozen seafood imports to Japan contain E. coli, paralytic shellfish toxin, and illegal additives. Flounder, clams, crab, and shrimp show violations. Sushi chains and family restaurants widely use these products.
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.
Swiss Consumer Watchdog Exposes Hotel Evictions and Deindeal Gutschein Crisis October 2
Kassensturz uncovers illegal hotel storage eviction and Deindeal gutschein crisis affecting Swiss consumers. Pensioner loses 11,000 francs in tools; customers cannot redeem vouchers as platform faces insolvency.
DFI Retail Grabs Full Starbucks Control in Asia for US$340M on October 1
DFI Retail takes full control of 1,100+ Starbucks stores across Asia for US$340M cash, exiting Maxim’s joint venture. Stock jumps 6.6% as company targets billion-dollar business in three years.
Singapore Fines 45 Businesses for Buying Fake Reviews in Largest CCS Probe
Singapore’s CCS took action against 45 businesses buying fake reviews from a provider using AI and paid reviewers. Businesses must apologize publicly for six months and remove false ratings.
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.