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Sustainable Aviation Fuel: SIA to Buy Waste-Gas Jet Fuel Made in Singapore
Sustainable aviation fuel made from waste gases is coming to Singapore. SIA will buy up to 4,800 tonnes from Aether’s Project Beacon from 2028. Here is what it means for flyers and investors.
UBS Job Cuts Deepen as Q3 Profit Hits $2.7 Billion
UBS job cuts continue: staff fell about 6,800 in a year as Q3 profit hit $2.7B and the Lex UBS capital rules fight heats up.
Migros Restructuring: Ten Cooperatives to Become One
Switzerland’s largest retailer is planning the biggest overhaul in its 100-year history. The Migros restructuring would merge the group’s ten regional cooperatives into a single group cooperative, simplifying a management structure that executives say has become too complex and too slow. The final decision rests with Migros’ 2.3 million cooperative members, who are due to…
Singapore Haze 2026: Indoor Air Quality Falls as Purifier Sales Surge and Tourism Slumps
Singapore haze air quality has become the city-state’s defining business story of October 2026. Smoke from forest and peatland fires in Indonesia has kept pollution at unhealthy levels for weeks, and the effects now reach far beyond the skyline: air purifiers are selling out, masks are in short supply, and tour operators report bookings down…
Sainsbury’s and Morrisons Held Merger Talks; Deal Faces CMA Hurdles
Sainsbury’s and Morrisons held merger talks earlier this year but ended discussions. A combined entity would hold 23.6% UK grocery market share, below Tesco’s 27.8%, but faces CMA scrutiny and Morrisons’ £7.5bn debt burden.
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.
Hawks Stun 36ers 114-92 in NBL Upset as Adelaide Struggles Without Stars
Illawarra Hawks beat Adelaide 36ers 114-92 in NBL upset on October 2. Hawks led 65-35 at halftime with Kelan Martin scoring 28 points. Adelaide coach Gleeson criticised his team’s effort.
Channel 4 CEO Rules Out BBC Merger, Opens Door to iPlayer Content Sharing
Channel 4 CEO Priya Dogra says she won’t merge with the BBC but is open to sharing content on iPlayer. The broadcaster is cutting 340 jobs and shifting spending toward programming.
Canada Approves $33B LNG Expansion as Carney Backs Energy Push
LNG Canada greenlights $33 billion Phase 2 expansion in Kitimat, doubling capacity to 28 million tonnes per year and creating 4,000 jobs. Prime Minister Mark Carney calls it a nation-building investment.