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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…
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,…
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,…
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…
Nidal Hasan Execution: Trump Drops Live Broadcast Plan
Nidal Hasan Execution: Trump Drops Live Broadcast Plan Donald Trump has abandoned one of the most startling proposals of his presidency: a Pentagon plan to televise the execution of Nidal Hasan, the former US Army officer sentenced to death in 2013 for the 2009 Fort Hood shooting. Announcing the reversal on Thursday 15 October, Trump…
Gopal Sankaranarayanan Withdraws from Delhi Protest Cases in Supreme Court
Senior advocate Gopal Sankaranarayanan withdrew from seven Delhi protest-related cases in the Supreme Court on Thursday, telling his clients he would no longer appear in the matters after a disorderly hearing before a bench led by Chief Justice of India Surya Kant. The move, confirmed directly to Bar and Bench, has turned a spotlight on…
Cummins Backs Khawaja’s Sandpaper Book as Memoir Looms October 9
Pat Cummins says he has no concerns about Usman Khawaja’s autobiography addressing the 2018 Sandpapergate scandal. Khawaja’s book Sabr releases in early November after Australia’s South Africa Test tour.
ChatGPT for Teens Rated ‘Unacceptable Risk’ by Watchdog on October 9
Common Sense Media finds ChatGPT for Teens safety guardrails fail: parental alerts don’t trigger, crisis referrals missed 25% of the time. Watchdog rates it ‘unacceptable risk’ for under-18s.