Business & Finance news
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- Wendy’s Faces Sales Decline as Nelson Peltz’s $1.4 Billion Take‑Private Offer Arrives
· Business & Finance
Wendy’s sales fall 7% and traffic drops 12.5%, prompting a $1.4B take‑private bid from Nelson Peltz’s Trian Fund. Offer values shares at $7.35.
- OPEC+ Holds December Oil Output Steady Amid Iran Conflict
· Business & Finance
OPEC+ oil‑producing countries kept their December production targets unchanged, indicating the group is unlikely to alter its output policy until next…
- Elon Musk Explores Merger of Tesla and SpaceX, Could Create $3.5 Trillion Company
· Business & Finance
Elon Musk says Tesla and SpaceX could merge into a $3.5 trillion company, but no agreement yet. Committees studying, regulatory hurdles loom.
- IGL and Northern Railway Sign Deal to Switch 22 Delhi‑NCR Sites to Piped Natural Gas
· Business & Finance
IGL will supply 3,000 SCMD of natural gas daily to 22 Delhi‑NCR railway sites, replacing 500 kg LPG and 2,500 L diesel, boosting PNG Drive 3.0.
- Zee Entertainment Declares No Involvement in Subhash Chandra Loan Misappropriation Case
· Business & Finance
Zee Entertainment says it has no connection to the alleged ₹1,322‑crore loan misappropriation involving founder Subhash Chandra, per its statement.
- PCSO Announces Winning Numbers for November 1, 2026 Lotto Draws
· Business & Finance
PCSO released official lotto results for Nov 1, 2026, including Ultra Lotto 6/58, Grand Lotto 6/55, Super Lotto 6/49, Mega Lotto 6/45, Lotto 6/42, Swertres…
- From ₹500 to ₹5 Crore: Delhi Woman Builds Pickle Empire After Rural Struggles
· Business & Finance
Krishna Yadav, originally from Daulatpur in Uttar Pradesh, moved to Delhi with her husband and three children carrying only ₹500. After struggling to…
- Start‑ups Step In as Indian Families Seek New Ways to Care for Aging Parents
· Business & Finance
An advertising executive in Jakarta, Arindam Bhattacharyya, was forced to confront the problem of caring for his parents in Kolkata when his father…
- PIA Receives First Boeing 787‑9 Dreamliner from London
· Business & Finance
PIA receives its first Boeing 787‑9 Dreamliner from London Heathrow, leased under an ACMI wet‑lease from Norse Atlantic, marking a key step in its revival.
- Alphabet’s Market Value Drops $500 bn After AI‑Related Earnings Report
· Business & Finance
Alphabet, the parent company of Google, lost more than $500 bn (£374 bn) in market value on Thursday after its earnings release. The company’s share…
- 13‑Year‑Old Goan Student Turns Backyard Moringa into Small‑Scale Business
· Business & Finance
13‑year‑old Grace de Souza turns backyard moringa leaves into powder, selling 20 packets for ₹3,000 in Mapusa, Goa.
- Housing Trust Silicon Valley Unveils 10‑Year Plan to Expand Affordable Housing After $30 Million Gift
· Business & Finance
A year after MacKenzie Scott donated $30 million to the San Jose‑based nonprofit Housing Trust Silicon Valley, the organization announced a 10‑year…
- Airbnb’s New House Rules Spark Debate Over Cleaning Duties
· Business & Finance
Airbnb’s updated house rules, effective 20 Nov, ban hosts from asking guests to wash dishes, strip beds or take rubbish, sparking debate.
- Capgemini Boosts 2026 Outlook After Strong Q3 Earnings
· Business & Finance
Capgemini lifts its 2026 revenue growth outlook to 9.0‑9.5% after a 12.6% rise in Q3 revenue, driven by AI demand and acquisitions like WNS and Cloud4C.
- 1874‑Built Kansas City Building Saved from Demolition, Set to Become Restaurant and Apartments
· Business & Finance
Historic 1874 Seiden’s Furs building in downtown KC rescued from demolition, now being renovated into Loretta Jean’s restaurant and upper‑floor apartments.
- 25‑Year‑Old Lawyer‑Student Buys £170,000 Yorkshire Home After Living in Nepal for Half the Year
· Business & Finance
Madeleine Jaye, 25, has bought a £170,000 property in Yorkshire after spending much of her time in a small village near Pokhara, Nepal. The…
- IBBI Allows Exclusion of Healthy Real Estate Projects from Insolvency Proceedings
· Business & Finance
India’s insolvency regulator has introduced rules that let creditors exclude financially sound real‑estate projects from a developer’s insolvency case.…
- From Apartment Balcony to Greenhouse: Los Angeles Plant Seller’s Rapid Rise
· Business & Finance
LA entrepreneur Brandon Hurst turned a pink plant sale into a multimillion‑dollar business, now selling 5,000 plants weekly from a 3,000‑sq‑ft greenhouse.
- Maidstone Home Sold for A$960,000 After 40 Years, Buyers Promise to Preserve Structure
· Business & Finance
A Melbourne couple sold their 4‑bedroom house on 26 Marsh Street, Maidstone, for A$960,000—A$50,000 above reserve—buyers pledged to preserve the home.
- Ocean Dream Blue‑Green Diamond Doubles in Value Over 12 Years
· Business & Finance
The 5.50‑carat Ocean Dream, a natural blue‑green diamond, sold for $17.3 million at Christie’s Geneva auction in May 2026, nearly doubling the price it…
- Sri Lanka to Announce Monthly Fuel Price Revision at Midnight
· Business & Finance
The government’s monthly fuel pricing formula will be applied to the regular fuel price revision, which is set to be announced at midnight on 31. Global…
- Gold Prices Fall Across Major Indian Cities on October 31
· Business & Finance
Gold prices fell across major Indian cities on Oct 31, with 22‑carat gold at ₹12,810/gram, down ₹310, and 8‑gram prices also lower.
- Alaska Air Group to Cut 200 Jobs Amid Rising Fuel Costs and Iran‑Related Tensions
· Business & Finance
Alaska Air Group will cut about 200 non‑contract jobs due to high fuel costs and Iran‑related tensions, warning of a $700 million pretax loss in 2026.
- Zimplats CEO Alexander Mhembere Steps Down After 19 Years, Succession Handed to Operations Chief Stanley Segula
· Business & Finance
Alexander Mhembere will retire as chief executive officer of Zimplats, Zimbabwe’s largest platinum producer, effective November 1 2026. He has served as…
- Anthropic Eyes IPO as Air Traffic Declines, Ather Turns Profitable, Workers Earn Less, Kane Wins Ballon d’Or
· Business & Finance
Anthropic PBC, a five‑year‑old generative‑AI firm, filed for a U.S. IPO and disclosed its June‑quarter results: revenues rose to $11.55 billion from…
- Franklin Street Prepares for Halloween and Game Day Crowds
· Business & Finance
Halloween and a UNC football game draw crowds to Franklin Street, boosting businesses and prompting extra police and fire presence.
- IIM Calcutta MBA Leaves McKinsey for Google, Shares Why
· Business & Finance
IIM Calcutta MBA Jahnvi Singh leaves McKinsey for Google, shares travel, perks, and lifestyle changes.
- Michael Dell Praises Growing Support for Trump Accounts, Highlights Major Donors
· Business & Finance
Michael Dell praises Trump Accounts, citing contributions from Gwynne Shotwell, Ray Dalio, and Brad Gerstner, and pledges $6.25B for 25M children.
- India’s Diesel Exports Rise to 13‑Month Peak as Global Supply Shocks Persist
· Business & Finance
India exported 0.71m barrels/day of diesel in Oct, up 19.6% from Sept, driven by West Asian disruptions and reduced Russian supply.
- ONGC Sets Record Date for FY’27 Interim Dividend
· Business & Finance
ONGC announces 12 Nov 2026 as record date for FY27 interim dividend; board to meet 5 Nov 2026 to decide. Compliance with SEBI regulations.