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Conagra Discontinues Celeste Pizza After 64 Years on October 9
Conagra Brands has discontinued Celeste frozen pizza after 64 years, citing low profitability. Remaining inventory will be sold until depleted, but production has ended.
TCS Q2 Profit Jumps 15% to Rs 13,884 Crore on AI Revenue Surge
TCS Q2 FY27 net profit rises 15% to Rs 13,884 crore with revenue up 11%. AI revenue crosses $3.1 billion. Board approves Rs 12 dividend.
Australian Rental Market Slows as Tenants Hit Affordability Ceiling, October 9
Australian rental growth slows to 0.5% in September quarter as tenants hit affordability ceiling. National median rent reaches $713 per week, but vacancy rates rise to 2.1%, easing pressure in some capital cities.
Melbourne Firebombing Crisis: 13-Year-Old in Critical Condition, Three Teens Arrested
A 13-year-old boy fights for his life after suffering 90% burns in a Melbourne firebombing. Three teenagers arrested. Police link attacks to organised crime recruiting youth online.
NYC Mayor Mamdani Sparks Backlash With Oct. 7 Gaza Statement
NYC Mayor Mamdani’s Oct. 7 anniversary statement calling Israel’s Gaza war a genocide sparked outrage from Jewish organizations and Israeli officials who said he minimized Israeli victims on a day meant for mourning.
Singapore’s P1 Registration Changes Start 2027 With No Transition Period
Singapore’s P1 registration changes take effect from 2027 without transition. Phase 2C places rise from 40 to 60; 12 schools adopt two-track system for socioeconomic diversity.
Sainsbury’s and Morrisons Held Merger Talks; Deal Faces CMA Hurdles
Sainsbury’s and Morrisons held merger talks earlier this year but ended discussions. A combined entity would hold 23.6% UK grocery market share, below Tesco’s 27.8%, but faces CMA scrutiny and Morrisons’ £7.5bn debt burden.
CBA Boss Comyn: House Prices Won’t Bottom Until Well Into 2027
Commonwealth Bank CEO Matt Comyn says Australian house prices will bottom well into 2027, with CBA forecasting a 9% national decline. Capital city prices have already fallen 4.3% in the September quarter.
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.