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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.
Rachel Jupp Appointed BBC News Director After Year-Long Vacancy
Rachel Jupp, former Panorama editor, appointed BBC News director on October 5. She leads 4,500 staff and earns £400,000 annually as BBC faces major job cuts and trust challenges.
Kioxia Stock Split Draws Retail Margin Traders Into Year-End Squeeze
Kioxia’s 3-for-1 stock split lowered entry costs for retail investors, but margin traders now face year-end liquidation pressure as shares fall 50% from June highs.
Breyden schließt Gießerei Ueckermünde: 320 Jobs bis Jahresende weg
Breyden schließt seine Eisengießerei in Ueckermünde zum Jahresende. 320 Mitarbeiter verlieren ihre Jobs. Grund: sinkende Nachfrage und zu hohe Energiekosten im Vergleich zu Asien.
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.
Apple’s iPhone Duo Repair Cost: ¥3,200 Cover Layer Swap, October 04
Apple’s iPhone Duo features a replaceable cover layer that can be swapped for ¥3,200 to fix creasing caused by repeated folding. The device marks Apple’s entry into the foldable smartphone market with distinct display features.
Euro Falls to 4-Month Low as French Fiscal Risks Mount, October 03
Euro hits 4-month lows as hedge funds boost short bets amid French fiscal concerns and European bond selloff. EURUSD consolidates below 1.1500.
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.
Ford CEO Says AI Will Transform Skilled Trades, Not Replace Them
Ford CEO Jim Farley says AI will be a companion tool for skilled trades workers, not a replacement. The company has over 10,000 skilled-trades workers facing a new era of digital manufacturing.