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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.
Honda Elevate Facelift Launches at Rs 11.80 Lakh with Bold New Design
Honda Elevate facelift launched in India at Rs 11.80 lakh with new LED design, upgraded interior, and six variants. Pre-bookings open with Rs 21,000 token amount.
Togo Supermarket Files for Bankruptcy in Kagoshima; 300M Yen Debt
Togo Supermarket in Kagoshima files for bankruptcy with 300 million yen in debt after sales collapsed from 1.2 billion to 580 million yen. Competition from convenience stores and a new rival supermarket accelerated the decline.
Deluge Raises S$23.4M in SGX IPO as Fire Safety Rules Tighten October 6
Deluge raises S$23.4M in SGX IPO priced at S$0.60 per share. The fire-protection firm holds 8.3% of Singapore’s market and eyes regional expansion as Malaysia tightens fire safety rules for 9,451 buildings.
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.
Ticketmaster Outage Strands Fans, Reignites Antitrust Debate October 6
Ticketmaster ticket transfers failed Friday, stranding fans at concerts and sports events. The outage lasted into Saturday and reignited antitrust concerns over the company’s control of live ticketing infrastructure.
Kioxia Stock Split Triggers Margin Call Crisis as Year-End Deadline Looms
Kioxia’s 3-for-1 stock split lowered entry barriers but trapped margin traders. Retail investors face year-end liquidation deadlines, risking cascade selling in the memory chip maker’s shares.
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.