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Britain’s £1bn grid bottleneck drives energy crisis as diesel hits record £2 a litre
Britain’s power crisis stems from the Harker substation bottleneck costing £1bn yearly, while diesel prices hit record highs, forcing coach operators and hauliers to warn of service cuts and business closures.
Kioxia Stock Splits 3-for-1 on October 5 as Tokyo Exchange Pushes Lower Entry Prices
Kioxia splits stock 3-for-1 on Sept 29. Tokyo Exchange pushed 760+ firms to split since 2022 to lower entry prices below 500,000 yen for retail investors and new NISA participants.
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.
Euro Falls to 4-Month Low as French Fiscal Risks Mount, October 03
Euro hits 4-month lows as hedge funds boost short bets amid French fiscal concerns and European bond selloff. EURUSD consolidates below 1.1500.
Ken Griffin’s $3B Carnegie Mellon Gift Reshapes Miami Real Estate October 03
Ken Griffin donated $3 billion to Carnegie Mellon University to build a Miami campus on 35 acres purchased for $1.1 billion. The gift is the largest in higher education history and has sparked a commercial real estate boom in Wynwood.
Prudential Life Faces 3-Month Sales Suspension Over ¥3.1B Fraud Scandal
Japan’s FSA orders Prudential Life to suspend new insurance sales for 3+ months after employees defrauded 500 customers of ¥3.1 billion over 35 years. Parent company also faces improvement order.
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.
Google Marks 28th Birthday on September 27 With Nostalgic Doodle
Google turns 28 on September 27, 2026, marking 28 years since Larry Page and Sergey Brin founded the search engine. The company celebrates with a nostalgic Doodle and reflects on its global expansion.
ANA Stock Holds Steady After Emergency Landing in Okinawa on September 24
ANA Holdings (9202.T) stock rises 0.77% after Boeing 737-800 emergency landing in Okinawa. 152 passengers evacuated safely; 3 sustained minor injuries. Transport ministry classifies as serious incident.