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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.
Suboo Fashion Label Collapses into Liquidation with $655k Debt
Suboo, the Australian fashion label worn by Gigi Hadid and Kendall Jenner, has collapsed into liquidation with $655,000 in debts after 14 years in business.
Zelenskyy Escalates Oil Refinery Strikes as Ukraine Disables 51% of Russian Capacity
Ukraine says it has disabled 51% of Russia’s oil refining capacity through long-range strikes. President Zelenskyy vows to escalate attacks on energy infrastructure in response to Moscow’s winter offensive targeting civilians.
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.
Singapore Firms Flock to Nanning as China’s Pinglu Canal Opens New Trade Routes
Over 50 Singapore firms explore Nanning market entry as Pinglu Canal shortens China trade routes by 560km and cuts costs by 30%. New opportunities in Guangxi’s less saturated market.
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.
Global Food Prices Hit 4-Year High in September 2026 as Wheat, Corn Surge
FAO food price index climbed to 136 points in September 2026, up 1.5% from August. Wheat and corn prices hit multi-year highs amid Black Sea logistics disruptions and weather concerns.
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.