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Ernst Tanner Lindt Crisis: Prices Too High, CEO Out
Lindt & Sprüngli chairman Ernst Tanner has broken his silence on the worst crisis of his 33 years at the Swiss chocolate maker, admitting the company raised its prices too far and lost customers in its second-biggest market. The Ernst Tanner Lindt interview, published by the NZZ am Sonntag on 24 October 2026, came days…
Singapore Haze 2026: Indoor Air Quality Falls as Purifier Sales Surge and Tourism Slumps
Singapore haze air quality has become the city-state’s defining business story of October 2026. Smoke from forest and peatland fires in Indonesia has kept pollution at unhealthy levels for weeks, and the effects now reach far beyond the skyline: air purifiers are selling out, masks are in short supply, and tour operators report bookings down…
Migrant Workers Unpaid Wages: 240 Workers in Singapore Owed Two Months’ Pay
Close to 240 migrant workers in Singapore have gone without pay for up to two months, and the case of migrant workers unpaid wages is now the subject of a Ministry of Manpower (MOM) investigation. The workers, mostly from Bangladesh and employed in the process sector, say they are owed one to two months’ salary,…
Gen Z’s Retreat from Wohneigentum: Why Home Ownership Is Slipping Out of Reach in Germany
Wohneigentum — German for home ownership — is the word Germany’s property debate is rallying around this week, after new research showed the dream of owning a home is slipping further from young Germans’ reach. The findings, from mortgage broker Interhyp’s annual Wohntraumstudie, show that gen z homeownership in Germany is not just expensive: for…
France Shooting in Trappes: What We Know About the “Racist Terrorist Attack”
The France shooting that shook Trappes, a town south-west of Paris, on Friday 23 October 2026 has been described by President Emmanuel Macron as a “terrorist and racist attack”. One person was killed and five others were injured after a gunman opened fire from his car in a rampage that lasted around 15 minutes, targeting…
McDonald’s AI Fake Disaster Photo Debunked by Taiwan Police
The McDonald’s AI fake disaster photo that went viral during Typhoon 薔琵 never happened. Taiwan’s Dajia police visited the scene and confirmed the image showing a collapsed McDonald’s sign was generated by artificial intelligence, prompting Taichung Mayor Lu Shiow-yen (盧秀燕) to order a full investigation and fines for whoever created and spread it. What Happened:…
Emirates Skywards Mile-a-Minute: Earn Bonus Miles in Dubai
The Emirates Skywards mile-a-minute promotion is paying travellers one bonus mile for every minute they spend in Dubai — up to 7,200 bonus miles for a five-day stay. Launched on October 21, the limited-time offer covers Emirates and flydubai round-trip tickets booked by November 5, 2026, for travel completed by December 13. For Australians eyeing…
Japan’s Great Cash Shift: Why Households Are Fleeing Savings for Stocks
The Numbers Behind the Great Cash Shift The headline figure from the Bank of Japan is striking. The cash-and-deposits share of Japanese household finances has fallen to 44.6%, a record low, down from 53.7% at the end of 2022 — a 9.1-point slide in just three and a half years. Meanwhile the equity share has…
Jio IPO: Inside the Record ₹30,213 Crore Issue Shaking Up Indian Markets
The Jio IPO has become the biggest market story in India in years. Jio Platforms’ ₹30,213 crore public issue has drawn total demand of ₹3.2 lakh crore, with public subscription hitting 3.1 times on the first day and the anchor book drawing bids worth more than ₹2.5 lakh crore. It is the first public issue…