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BaFin Removes Raiffeisenbank Plankstetten Board, Appoints Special Commissioner July 9
BaFin removes Raiffeisenbank Plankstetten board and appoints special commissioner Odo Steinmann after disputes over banking supervision. One of the regulator’s harshest interventions.
Ryanair Boeing 737 Window Rupture Forces Emergency Landing in Greece July 10
Ryanair Boeing 737 makes emergency landing after engine failure ruptures cabin window, nearly sucking passenger out mid-air over Greece on July 10, 2026.
Sparkassen Shuts S-ID-Check App on January 31, 2027
Sparkassen discontinues S-ID-Check app on January 31, 2027, merging payment authorization into S-PushTAN. Affects 50 million customers. Card redesign also underway with sensitive data moving to back.
DBS, OCBC, UOB Hit Record Highs as Institutions Pile Into Singapore Banks July 11
DBS, OCBC, and UOB hit record highs on July 9-11 as S$611M in institutional inflows flood Singapore equities. Banks rally on rate expectations and earnings optimism.
Jeb Bush Warns of 300 Iranian Drones in Cuba; Displays Shahed-136 Model July 9
Jeb Bush warns of 300 Iranian drones in Cuba with 2,500 km range. Former governor displays Shahed-136 model at July 9 Miami event, citing threat to U.S. mainland.
Nissan Shifts 400 Workers to Kyushu as Restructuring Accelerates
Nissan Motor relocates 400 workers from Kanagawa to Kyushu plants amid global restructuring. Stock trades at ¥310.50 with Meyka grade C and negative earnings outlook.
Cognizant Stock Falls 1.9% as US Launches H-1B Visa Fraud Probe, July 11
Cognizant faces scrutiny in Trump administration’s H-1B visa fraud investigation. Labor officials have issued dozens of subpoenas targeting alleged labor trafficking and wage-kickback schemes in the visa program.
IRS July 10 Deadline Passes: Millions Miss COVID Tax Refund Claims
Millions of Americans had until July 10, 2026 to claim IRS refunds for COVID-era penalties and interest. The deadline stems from a federal court ruling that the IRS should have suspended tax deadlines during the pandemic.
US Launches Major H-1B Fraud Probe; Cognizant Named by Labor Inspector
US Department of Labor launches major H-1B visa fraud investigation. Cognizant named in whistleblower complaints. Labor inspector cites dozens of subpoenas issued for alleged wage-kickback schemes and labor trafficking.