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Jim Bakker, PTL Televangelist Convicted of Fraud, Dies at 86
Jim Bakker, founder of the PTL Club and Heritage USA theme park, dies at 86. The televangelist was convicted of defrauding followers and served over four years in prison after a 1987 sex scandal.
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.
Japan’s PM Takaichi Skips G7 Oil Meeting; Opposition Demands Diplomacy Focus
Japan’s PM Takaichi faced criticism for missing a G7 online meeting on October 2, with opposition leaders demanding stronger diplomatic engagement and warning of North Korean drone threats.
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.
ASOS Stock Plunges 14% After Hackers Send Ransom Demand via App
ASOS shares fell 14% after hackers sent customers a ransom demand via push notification on October 6. The company says payment data was not affected and its website remains operational.
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.
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.
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.
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.