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UPI Ends Free Era: 0.4% Fee on Merchant Payments Above ₹2,000 From October 15
NPCI introduces 0.4% MDR on UPI merchant payments above ₹2,000 from October 15, 2026. P2P transfers and transactions under ₹2,000 remain free. Small merchants earning up to ₹1 lakh monthly pay zero fees.
Pentagon watchdog reveals $3.7B in US military losses from Iranian strikes
Pentagon watchdog report reveals $3.7 billion in equipment losses and damage to US bases in Gulf region from Iranian strikes, including nearly 60 aircraft and hundreds of buildings.
Singapore Auctions S$3B Money-Laundering Haul: 15 Sales Through May 2027
Singapore auctions luxury goods seized in S$3 billion money-laundering case. First sales of handbags and jewellery open September 20-27. Properties follow through mid-2027.
China Accuses US AI Firms of ‘Coordinated Play’ to Block Competition, September 15
China accuses Anthropic, OpenAI, and SpaceX of coordinated efforts to slow AI development and block Chinese competition. Beijing released its own AI safety framework on September 14.
airBaltic Files Chapter 11 as Iran War Costs Bite; €350M Financing Secured
airBaltic files for Chapter 11 bankruptcy on September 14, 2026, with €350 million financing secured. Operations continue as normal. The Latvian flag carrier cites Iran war costs and engine shortages.
Ford Recalls 223,472 F-150s Over Faulty Fuel Tank Straps
Ford recalls 223,472 F-150 trucks over fuel tank defects. Fuel tank straps assembled January 2023 through August 2026 may leak or detach. Dealers will inspect and replace at no cost.
Cupped Lands Investment Deal on Höhle der Löwen as BH Startup Impresses New Investor
Cupped secures investment on Höhle der Löwen after pitching custom-fit bras. Founder Anna Lu sought 200,000 euros for 10% equity; investors Judith Williams and Johannes Kliesch competed for the deal.
ZOZO Stock Rises 2.8% as Pokémon 30th Anniversary T-Shirt Launch Drives September 15 Retail Momentum
ZOZO stock up 2.8% as the Japanese e-commerce giant launches Pokémon 30th anniversary T-shirt collection on September 18. Pre-orders span 1,025 designs at ¥3,960 each.
Air Canada Tests A321XLR on Montreal-Lyon Route Through October
Air Canada launches A321XLR on Montreal-Lyon route for one month, replacing A330s. The 182-seat narrowbody operates five times weekly through October 25, testing margin economics on transatlantic service.