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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.
Global Food Prices Hit 4-Year High in September 2026 as Wheat, Corn Surge
FAO food price index climbed to 136 points in September 2026, up 1.5% from August. Wheat and corn prices hit multi-year highs amid Black Sea logistics disruptions and weather concerns.
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.
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.
Iran Strikes Tanker in Strait of Hormuz as Shipping Costs Hit $1M Per Day
Iran struck a Togo-flagged tanker in the Strait of Hormuz on September 18. Shipping costs have surged to $1.035 million per day, the first time exceeding seven figures, as geopolitical risk drives up insurance premiums and freight rates.
Pentagon Weighs 25,000-Troop Pullout From Europe, September 18
Pentagon considers withdrawing 25,000 to 40,000 U.S. troops from Europe as Trump pushes NATO allies to spend more on defense. Final decision expected November 6.