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Clarkson Blasts UK Business Climate at Tory Conference, October 7
Jeremy Clarkson told the Conservative Party conference that rising taxes and costs make starting a UK business unviable, revealing plans to open his next pub overseas instead.
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.
Jim Bakker, PTL Televangelist Convicted of Fraud, Dies at 86
Jim Bakker, founder of the PTL Club and Heritage USA theme park, dies at 86. The televangelist was convicted of defrauding followers and served over four years in prison after a 1987 sex scandal.
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.
Japan’s PM Takaichi Skips G7 Oil Meeting; Opposition Demands Diplomacy Focus
Japan’s PM Takaichi faced criticism for missing a G7 online meeting on October 2, with opposition leaders demanding stronger diplomatic engagement and warning of North Korean drone threats.
Japan Expands Russia Sanctions on October 2; Moscow Vows Countermeasures
Japan froze assets of 33 Russian firms and 9 individuals on October 2 and restricted 35 vessels. Russia’s Foreign Ministry threatened countermeasures on October 5, citing violations of a 1957 trade agreement.
Six arrested on Monash Freeway after Melbourne burglary spree on October 6
Six arrested after police pursuit on Monash Freeway in Melbourne. Incident began with aggravated burglary in Brighton East at 5:30am, ended with specialist police interception near Chadstone about midday on October 6.
Japan’s PM Takaichi Skips G7 Oil Crisis Meeting on October 2
Japan’s PM Takaichi skipped an October 2 G7 emergency meeting on diesel prices and oil reserves. France convened the video call last-minute. Japan sent deputy Endo instead.
Nobel Prize in Physiology or Medicine 2026: US and German Scientists Win for Optogenetics
Karl Deisseroth, Peter Hegemann, and Georg Nagel win the 2026 Nobel Prize in Physiology or Medicine for optogenetics, a technique that uses light to control brain cells. The prize is worth 12 million Swedish kronor.