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Migros Restructuring: Ten Cooperatives to Become One
Switzerland’s largest retailer is planning the biggest overhaul in its 100-year history. The Migros restructuring would merge the group’s ten regional cooperatives into a single group cooperative, simplifying a management structure that executives say has become too complex and too slow. The final decision rests with Migros’ 2.3 million cooperative members, who are due to…
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…
Lindt Chocolate Now Cheaper Than Milka in Germany — And Its CEO Paid the Price
For years, Lindt sat on the top shelf of German supermarkets as the premium option — the bar shoppers reached for when they wanted something a little better than everyday chocolate, and paid a little more for it. This week that logic flipped. Lindt cheaper than Milka is now a real price on German shelves,…
Canada Pension Plan 2027 Increase: What to Expect
Canadian retirees are in line for a larger Canada Pension Plan 2027 increase than they received this year. The Canada Pension Plan 2027 increase is shaping up to beat the 2% bump paid in January 2026, according to early analyst estimates, and it arrives alongside a separate change that lowers contribution rates for workers. Here…
Hong Kong’s 90-Year-Old Kuei Lee Soy Sauce Brewery Closes After Factory Land Resumed
The Kuei Lee soy sauce closure marks the end of one of Hong Kong’s most recognisable heritage food brands. The nearly 90-year-old soy sauce maker has stopped production at its Kwu Tung factory and will close its Wanchai shop once remaining stock sells out, after its land was resumed under the Northern Metropolis development plan….
Star Palace Closure: Ming Sing Palace Shuts Fanling Branch
The Star Palace closure at Hong Kong’s Fanling Cheung Wah Estate is the story behind the city’s top trending Business & Finance search this week. The branch of 明星皇宮 (Ming Sing Palace) ended service on 16 October 2026 — the sixth branch of the Star Seafood Restaurant group to close in two years, leaving roughly…
Alberta Referendum: What Canada’s Separation Vote Means for Investors
The Alberta referendum is one of the most watched political events in Canadian history. On 19 October 2026, voters in Alberta went to the polls on a question that could eventually decide whether Canada’s oil-rich western province stays in the federation or begins a legal path toward independence. Even a vote in favour of the…
CFB Wainwright Fire: What Happened at the Alberta Base
A grass fire that ignited during a live training exercise at CFB Wainwright in Alberta on Saturday, October 17, 2026, killed four Canadian soldiers and left dozens more injured, at least 19 of them in critical condition. The CFB Wainwright fire has become one of the deadliest incidents on a Canadian military base in recent…