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EU Proposes Eight New Members by 2028; Germany Pumps Brakes on Expansion
EU Commission proposes admitting eight new member states by 2028, but Germany, France, and others demand strict safeguards. Montenegro could join by 2028, Ukraine by 2030.
ASOS Stock Plunges 9.6% After Hackers Send Ransom Demand via App
ASOS shares fell 9.6% after hackers sent a ransom demand via push notification to app users, claiming access to basic customer information including names and contact details.
Greens Propose $25bn Plan to Nationalise 200 Coles and Woolworths Stores
Greens propose $25bn plan to nationalise 200+ Coles and Woolworths supermarkets and open 424 public stores called Fair Go Grocers, claiming savings of 22% on average grocery bills.
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.
Rakuten Stock Slides as 101M Member Data Breach Claim Surfaces October 6
Rakuten denies a claim that 101 million member records are being sold on the dark web for $700. The company separately confirmed a breach of its cloud storage service affecting 15,382 accounts.
Russian Lab Worker Dies of Suspected Plague; US Monitoring Closely
A Russian laboratory worker at a plague research institute in Irkutsk died of suspected pneumonic plague. US Secretary of State Marco Rubio says Washington is monitoring the situation closely, though Russian authorities say there is no cause for alarm.
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.
Goldman Sachs Lifts Steadfast Stake to 7.48% with 83.2M Shares
Goldman Sachs raises Steadfast Group stake to 7.48% with 83.2 million shares. Meyka grades SDF.AX B+, targeting A$4.53 yearly. What this means for investors.
DOJ Files 40 Denaturalization Cases, Largest Push in Modern History
DOJ files denaturalization cases against 40 naturalized U.S. citizens for concealing crimes and facts. The largest filing in modern history marks a major escalation in immigration enforcement.