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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.
G7 Releases 100M Barrels After Trump Threatens Diesel Ban
G7 countries agreed to release 100 million barrels of diesel and crude oil from reserves over four months after Trump’s export ban threat, with substantial diesel supplies hitting markets within 20 days to ease global fuel price pressures.
Argentina’s Golden Passport: $350,000 Entry Fee for Citizenship
Argentina opens citizenship program for $350,000 investment. Single applicants pay $350,000; families of four pay $500,000. Applications open Q4 2026. First South American country to offer paid citizenship.
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.
Galeria Files for Fourth Bankruptcy in Six Years on October 2
Galeria files for insolvency for the fourth time in six years on October 2. The German department store chain has 83 stores and 12,000 employees facing job losses.
Tennessee Halts Executions After Pike Survives Two Pentobarbital Injections
Christa Pike survived lethal injection with two pentobarbital doses on October 1. Tennessee halts executions pending investigation into botched procedure.
NEARUSD Drops 9.6% to $4.83 as RSI Hits Overbought at 73.7
NEAR Protocol USD fell 9.6% to $4.83 in 24 hours. RSI at 73.7 signals overbought conditions despite strong ADX trend strength of 62.1.
T.J. Maxx Closes 3 Stores in 2026 While Adding 15 Nationwide
T.J. Maxx closed stores in Boston and Maryland in 2026, but TJX added 15 net locations this year. The closures are targeted lease expirations, not a nationwide shutdown.
DFI Retail Grabs Full Starbucks Control in Asia for US$340M on October 1
DFI Retail takes full control of 1,100+ Starbucks stores across Asia for US$340M cash, exiting Maxim’s joint venture. Stock jumps 6.6% as company targets billion-dollar business in three years.