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Philippines-Singapore Cable Restored After October 2 Outage
Philippines-Singapore submarine cable outage on October 2 disrupted internet for PLDT, Globe, and Converge users. The C2C cable was restored by October 3 after telcos rerouted 300Gbps of traffic.
Prudential Life Faces 3-Month Sales Suspension Over ¥3.1B Fraud Scandal
Japan’s FSA orders Prudential Life to suspend new insurance sales for 3+ months after employees defrauded 500 customers of ¥3.1 billion over 35 years. Parent company also faces improvement order.
Getty Images Avoids Default, Faces NYSE Delisting October 3
Getty Images avoids default with last-minute $51.6M bond payment but faces NYSE delisting. Stock down 99% since 2022 SPAC debut as AI competition pressures stock imagery business.
Ford CEO Says AI Will Transform Skilled Trades, Not Replace Them
Ford CEO Jim Farley says AI will be a companion tool for skilled trades workers, not a replacement. The company has over 10,000 skilled-trades workers facing a new era of digital manufacturing.
NHS Flu and COVID-19 Vaccine Programme Rolls Out October 1 Across UK
NHS flu and COVID-19 vaccination programme launches October 1 for over-65s, pregnant women, care home residents, and clinically vulnerable people across the UK this winter.
WA Police Ban Activists From Perth Defence Expo October 2
WA police ban climate activists from Land Forces expo security zone using new temporary powers. At least six exclusion letters issued. Event runs October 6-8 in Perth.
Sierra Nevada Cheese Recall Expands: 13 Sickened in E. Coli Outbreak
FDA recalls all Sierra Nevada Graziers raw milk cheese after 13 people sickened by E. coli O26:H11 across nine states. Eight hospitalized, three with hemolytic uremic syndrome. Check your refrigerator.
Shell Greenlights $33B LNG Canada Phase 2, Doubling Export Capacity to 28 Mtpa
Shell approves $33 billion LNG Canada Phase 2 expansion on September 29, doubling facility capacity to 28 mtpa by early 2030s. Meyka grades SHEL as A-rated Buy with 12-month forecast at $91.95.
UK Voting System Overhaul: Burnham Pushes Proportional Representation Before 2029
Andy Burnham pledges to fight the next UK election on electoral reform, proposing a commission to explore proportional representation systems that could reshape parliament.