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Stellantis Sells Brampton Plant to Roshel as Union Talks Collapse
Stellantis signs MOU to sell Brampton plant to Roshel. Union talks collapse over plant closure. STLA stock down 50% year-to-date as Meyka rates it C+ Sell.
Zimmer Biomet Cuts Up to 580 Jobs in Winterthur as Restructuring Accelerates
Zimmer Biomet plans to cut up to 580 jobs at its Winterthur plant, affecting 79% of the 730-person workforce. The restructuring aims to streamline manufacturing, though final numbers may change during consultation.
Carnival Slides 3.3% After AIDA Perla Breaks Free in Le Havre on September 8
Carnival’s AIDA Perla breaks free in Le Havre after 35 mph wind gusts snap mooring lines, hits quay wall. CCL stock drops 3.3%. Ship grounded for inspection; Zeebrugge and Rotterdam calls cancelled.
Ford Bronco Basecamp Heads to Australia in Mid-2027 as PHEV SUV
Ford’s 2027 Bronco Basecamp PHEV SUV arrives in Australia mid-2027 with 800-900km range, pop-up roof, and integrated camping features. Priced details pending.
Amazon Cargo Plane Crashes at Miami Airport, Kills 5 on September 7
Amazon cargo plane overran runway at Miami airport on Sept. 7, killing 5 in two vehicles. Boeing 767 traveled 1,300 feet past pavement. NTSB investigating landing distance and braking.
Frasers Property to Redevelop Yishun 10 into 110-Unit Complex by Mid-2031
Frasers Property to redevelop Yishun 10 cinema into 110 residential units and retail podium by mid-2031. Multiplex closes March 2, 2027. First Yishun Central residential launch in over a decade.
HDFC Bank Shares Hit 52-Week Low as Jagdishan Steps Down in October
HDFC Bank CEO Sashidhar Jagdishan steps down in October 2026. Shares hit 52-week low of ₹704.15. Deputy MD Kaizad Bharucha leads internal succession race. Meyka rates stock B+.
House Foods Stock Jumps 7% as Ichibanya Sale Looms on September 1
House Foods (2810.T) stock rises 7% to ¥4,000 after confirming sale of CoCo Ichibanya stake. Ichibanya jumps 16% as PE firms show interest in Japan’s 1,500-store curry chain.
Itochu to Invest ¥250B in Dentsu Soken, Taking 38.2% Stake
Itochu to invest ¥250 billion for 38.2% stake in Dentsu Soken via tender offer. Move aims to resolve parent-subsidiary dual listing structure and expand Itochu’s IT segment.