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Diageo Lowers 2026 Forecast Amid Weak US and China Demand, CEO Vacancy Persists
LONDON / BENGALURU – Global spirits giant Diageo (DGE.L) has trimmed its 2026 sales and profit forecast due to slowing demand in the United States and China, while leaving the company without a permanent CEO following the departure of Debra Crew in July. The announcement triggered a 3.5% drop in Diageo shares, erasing gains and…
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Germany’s BaFin Imposes Record $52 Million Fine on JPMorgan Over Money-Laundering Lapses
FRANKFURT – Germany’s financial regulator, BaFin, has handed JPMorgan SE its largest-ever penalty, fining the Frankfurt-based bank €45 million ($52.5 million) for deficiencies in money-laundering prevention. The fine relates to historical shortcomings in the bank’s filing of suspicious activity reports (SARs) between October 2021 and September 2022. Details of the Fine BaFin stated that JPMorgan…
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As Delhi Breathes ‘Poor’ Air, China Offers Help to Tackle Pollution Crisis
As Delhi continues to choke under layers of toxic smog, China on Wednesday extended an open offer to assist India in combating its worsening air pollution crisis. With the capital’s Air Quality Index (AQI) oscillating within the “poor” category, China’s outreach comes at a time when Delhi and its surrounding regions are witnessing yet another…
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DuPont Raises 2025 Profit Forecast Amid Strong Electronics, Healthcare, and Water Demand
GENEVA / BENGALURU – Industrial materials giant DuPont (DD.N) has raised its full-year core earnings forecast and announced a $2 billion share repurchase plan following a strong third-quarter performance that exceeded Wall Street expectations. The results were driven by robust demand in electronics, healthcare, and water markets, highlighting the company’s strategic shift toward high-growth sectors.…
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Rajnath Singh Warns Rahul Gandhi: “Do Not Drag the Army Into Politics”
Defence minister Rajnath Singh issued a sharp rebuke to Congress leader Rahul Gandhi on Wednesday, urging him not to involve the Indian Army in electoral politics. Addressing election rallies in the poll-bound state of Bihar, the senior BJP leader warned that the armed forces must remain above political and caste-based debates, asserting that soldiers follow only one religion: “Sainya Dharma.”…
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Bombardier Reports 11% Revenue Growth Driven by Higher Deliveries and Service Demand
MONTREAL – Canadian business jet manufacturer Bombardier (BBDb.TO) reported an 11% increase in third-quarter revenue, fueled by stronger demand for aftermarket services and the delivery of more aircraft than the same period last year. The results underscore the growing appetite for private aviation as both individuals and corporations seek premium air travel options. Revenue Growth…
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‘Oh My God’: How the Internet Reacted to Zohran Mamdani’s ‘Dhoom Machale’ Moment
Zohran Mamdani’s historic victory in the New York mayoral election has been celebrated across continents, but no moment captured public imagination quite like the final seconds of his victory speech. As Mamdani concluded his remarks—delivered with confidence, symbolism, and sharp political messaging—the unmistakable opening beats of “Dhoom Machale” from the 2004 Bollywood blockbuster Dhoom began to play…
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Major Investors Urge UK Chancellor Rachel Reeves to Double Fiscal Buffer Ahead of November Budget
LONDON – Leading investors managing over $5 trillion in assets are urging British Chancellor of the Exchequer Rachel Reeves to significantly increase the UK’s fiscal buffer to better protect the economy against potential shocks. With her November 26 budget approaching, investors are calling for the fiscal headroom to be raised from its historically low level…
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Instollar Launches to Strengthen Nigeria’s Renewable Energy Workforce
Instollar, a Lagos-based platform connecting solar companies with certified technicians, has officially launched after nearly three years of quiet operation, signaling a major boost for Nigeria’s renewable energy sector. The launch event, held on October 27, 2025, drew friends, family, business associates, and supporters, marking the formal debut of a company already shaping the country’s…
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Dollar Drops as European Stocks Surge Following Trump Tariff Delay
The US dollar (USD) fell sharply on Monday while European equity markets jumped after officials from the incoming Trump administration indicated that President-elect Donald Trump would not immediately impose tariffs upon taking office. This announcement came ahead of Trump’s inauguration at 1700 GMT, reassuring investors and easing concerns over potential trade disruptions. European Markets Respond…
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