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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.
Honda Develops Wireless EV Charging for Highways, Tests Begin 2027
Honda develops wireless charging system for moving EVs with Taisei. Tests planned for Tateyama Expressway in fiscal 2027. Technology supports speeds up to 120 km/h and large commercial vehicles.
Lexus NX Gets Major Overhaul: New Design, EV Range Doubles to 140km
Lexus refreshes the 2026 NX with sharper styling, 25% stiffer floor, new hybrid systems, and plug-in hybrid EV range jumping from 87km to 140km. Launch planned for late 2026.
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.
Samsung Galaxy S27 Ultra to Cost $1,399, Up $100 From S26 Ultra
Samsung Galaxy S27 Ultra leaks reveal 218-gram weight, 5,700mAh battery, redesigned camera, and $1,399 starting price. Phone launches early 2027 with Exynos 2700 chipset.
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.
WA Police Ban Activists From Land Forces Expo Security Zone October 2
WA police ban climate activists from Land Forces Expo security zone in Perth using new powers. Six activists received ban letters. Event runs October 6-8 with 10,000 expected visitors.
WA Police Ban Activists From Perth Defence Expo October 2
WA police ban climate activists from Land Forces expo security zone using new temporary powers. At least six exclusion letters issued. Event runs October 6-8 in Perth.