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Rachel Jupp Appointed BBC News Director After Year-Long Vacancy
Rachel Jupp, former Panorama editor, appointed BBC News director on October 5. She leads 4,500 staff and earns £400,000 annually as BBC faces major job cuts and trust challenges.
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.
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.
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.
Canada Approves $33B LNG Expansion as Carney Backs Energy Push
LNG Canada greenlights $33 billion Phase 2 expansion in Kitimat, doubling capacity to 28 million tonnes per year and creating 4,000 jobs. Prime Minister Mark Carney calls it a nation-building investment.
Starbucks Closes 250 Stores as Niccol’s Turnaround Gains Traction
Starbucks closes 250 stores across North America this week as part of CEO Brian Niccol’s turnaround. The closures represent 1% of its 18,000-store footprint and will cost $300 million in restructuring charges.
UPI Ends Free Era: 0.4% Fee on Merchant Payments Above ₹2,000 From October 15
NPCI introduces 0.4% MDR on UPI merchant payments above ₹2,000 from October 15, 2026. P2P transfers and transactions under ₹2,000 remain free. Small merchants earning up to ₹1 lakh monthly pay zero fees.
Uganda’s King Oyo Buried September 12 Amid Succession Dispute
King Oyo of Tooro Kingdom buried September 12 after death from cancer. Succession disputed between news anchor Edward Rukidi Kijanangoma and late king’s unnamed son.
Foresque Residences Balcony Lawsuit: MCST Sues Developer Over Concrete Defects
Foresque Residences MCST sues developer and four parties over balcony defects discovered after concrete fell 20m. 60% of Block 105 balconies show hollow sections. BCA issued Notice to Maintain.