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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.
Zelenskyy Escalates Oil Refinery Strikes as Ukraine Disables 51% of Russian Capacity
Ukraine says it has disabled 51% of Russia’s oil refining capacity through long-range strikes. President Zelenskyy vows to escalate attacks on energy infrastructure in response to Moscow’s winter offensive targeting civilians.
Honda XR300L and XR300 Rally launched in India from Rs 1.83 lakh
Honda XR300L priced at Rs 1.83 lakh and XR300 Rally at Rs 2.08 lakh launched in India with 293.5cc engines. Bookings open now, deliveries from 2027.
Britain’s £1bn grid bottleneck drives energy crisis as diesel hits record £2 a litre
Britain’s power crisis stems from the Harker substation bottleneck costing £1bn yearly, while diesel prices hit record highs, forcing coach operators and hauliers to warn of service cuts and business closures.
G7 Releases 100M Barrels as Diesel Crisis Hits UK Transport October 5
G7 releases 100 million barrels of diesel to ease supply crisis. UK diesel hits record £2/litre, threatening coach and haulage services. Trump drops export ban threat.
Lexus NX Gets Major Overhaul: New Design, EV Range Doubles to 140km
Lexus refreshes the 2026 NX with sharper styling, 25% stiffer floor, new hybrid systems, and plug-in hybrid EV range jumping from 87km to 140km. Launch planned for late 2026.
South Australia Fuel Queues Swell as Portelli Opens $1.99 Petrol Station
Drivers queue for hours at Adrian Portelli’s new Edwardstown petrol station offering $1.99/L unleaded fuel. Members pay $99 annually plus receive $50 free fuel credit.
Honda Elevate Facelift Launches October 6 with LED Redesign, 360-Camera
Honda Elevate facelift launches October 6 with new LED DRLs, repositioned badge, 360-camera, and lighter cabin. Pre-bookings open at Rs 21,000. Powertrain unchanged.
Australia’s Silver Tsunami: 188,421 Deaths in 2025 as Boomers Exit Workforce
Australia recorded 188,421 deaths in 2025, the highest since COVID-19, as baby boomers age into their 80s. The shift will strain pensions, healthcare, and the workforce.