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Coca-Cola India Bottling Arm Files IPO Papers for 2027 Listing
Hindustan Coca-Cola Holdings, parent of Coca-Cola’s Indian bottler, filed draft IPO papers with India’s market regulator on November 6. The proposed offer is entirely a sale of existing shares, with up to 997,461,456 shares planned for listing on the BSE and NSE in 2027.
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Mumbai Airport Moves 12 Airlines to Navi Mumbai in 2027
Mumbai’s Chhatrapati Shivaji Maharaj International Airport has completed slot allocations for Summer 2027, leaving 12 international airlines without slots for affected services. They may move those flights to Navi Mumbai International Airport from late March 2027, clearing space for Terminal 1 reconstruction while preserving their historical slots.
Block’s US Layoffs: Severance Includes 90 Days’ Pay
Block employees in the United States affected by the company’s latest job cuts can receive at least seven weeks of base pay, plus an additional week for each year worked. Those who sign a separation agreement get another 30 days of pay without working, three months of COBRA coverage and a one-time $5,000 transition payment.
Data centre industry faces US voter backlash and tighter scrutiny
US voters approved nearly every data centre restriction put to ballots across 10 states, while Democrat Gina Hinojosa won the Texas governor’s race after calling for a construction ban. The results put pressure on an industry central to AI expansion and could shape investment and political debate in Australia, where 163 centres have about 1.6 gigawatts of capacity.
Major Australian retailer David Jones enters administration
David Jones has entered voluntary administration after years of financial pressure, putting about 6,000 jobs at risk. Its stores and online business will keep operating while FTI Consulting reviews the company. The retailer’s troubles include rising costs, an outdated store footprint and supply chain challenges, while its landlord Scentre said October rent had not been paid.
Trump-linked Tokens and Data Centers Fall After Midterms
Trump-linked crypto tokens and shares in data-center companies fell after Democrats won control of Congress and Gina Hinojosa won the Texas governor’s race. Investors reassessed the outlook for AI infrastructure in a state central to planned construction, while analysts disagreed over whether the selloff was justified.
First GLP-1 weight loss pill approved in Australia
Australia’s medicines regulator has approved Novo Nordisk’s Wegovy tablet for eligible adults, marking the country’s first GLP-1 weight-loss pill. The oral medicine is expected later this year, after a review of its packaging and production processes. Doctors say wider access could help patients, but warn that prescribing must include careful screening and ongoing support.
US Job Openings Hit Four-Month High as Layoffs Ease
More openings and fewer layoffs point to firmer footing for US workers, even as employment gains remained tepid in September. Employers reported 7.52 million...
Jewellery sold as sterling silver found with toxic metals
Testing of 25 pieces advertised as sterling silver on online marketplaces found eight with cadmium above the legal limit, while only two could be classified as sterling silver. A necklace bought on Etsy also contained a section with just 8.9% silver, despite carrying a 925 hallmark. Several marketplaces said they removed identified listings or began recalls.
David Jones Westfields Stores Face Closure Risk After Delay
David Jones missed the October 30 deadline to file its accounts with Australia’s corporate regulator for a second year running. Five Westfield stores are reportedly under review as the retailer weighs further closures, while the company says its gift-card service has been restored and stores continue to operate as usual.
Virgin Australia Apologises After Breaking Girl’s $33,000 Wheelchair
Virgin Australia apologised to the family of six-year-old Adelaide Tuimalealiifano after her specialist wheelchair was damaged on a flight from Townsville to Brisbane. Her father repaired it, but disability advocates say airlines should report damaged or missing mobility equipment and improve procedures to prevent further incidents.
Why Keeping Your Birthday Private Can Help You Thwart Scammers
Online retailers may ask for a birth date even when it is not needed to complete a purchase. Cybersecurity professionals say leaving the field blank, or using a different date on low-risk accounts, can limit personal data exposed in a breach. The risk grows when a birthday is combined with names, phone numbers and other leaked details to build a convincing identity profile.
David Jones Urges Gift Card Use as Retailer Faces Uncertainty
David Jones customers have been advised to check their gift card balances and consider spending them as concerns grow over the department store chain’s future. The warning follows reports of failed redemptions over the weekend, which the retailer attributed to a technical glitch. David Jones recorded a pre-tax loss of $95.45 million for FY25 and secured $10m in emergency funding as it negotiates a possible reduction to its store network.
Hundreds of England Slot Arcades May Keep Business Rates Discount
Hundreds of adult gaming centres in England hold bingo licences that may let them keep a business-rates discount despite a new tax change. The government raised duty on slot machine takings from 20% to 25%, but the licensing loophole could leave some venues outside the business-rates rules. A lawmaker has urged ministers to tighten enforcement.
Airbnb house rules: Cleaning changes divide hosts and guests
Airbnb’s revised house rules will stop hosts from requiring guests to handle cleaning jobs such as washing dishes or stripping beds. The rules apply to bookings made globally from 20 November. Hosts warn that extra mess could raise cleaning costs, while guests say long checkout lists have undermined the appeal of a stay.
Schiffer Warns Binance Theft Could Foreshadow AI Cyberattacks
Eric Schiffer warns that the $6.3 billion Binance theft could foreshadow more sophisticated cyberattacks as artificial intelligence advances. Binance says it has reserved more than $6.34 billion to cover losses, frozen about $3 billion in stolen assets and is continuing recovery efforts while its investigation proceeds.
Cracks emerging spending boom as AI costs unsettle investors
Alphabet, Amazon, Meta and Microsoft have outlined more than $740 billion in capital spending this year, much of it aimed at AI infrastructure. Investors are questioning whether that outlay can deliver returns as several companies report negative free cash flow and tech stocks fall.
Hanwha Philly Shipyard Selected for $269M Navy Ship Deal
TOTE Services selected Hanwha Defense USA to build the U.S. Navy’s first Medium Landing Ship at Hanwha Philly Shipyard in a $269 million contract. The award covers one vessel, with options for three more, and construction is expected to start in the fourth quarter of 2027. The ship is part of a planned 35-ship fleet, with the first vessel expected in 2030.
Internal Documents Reveal Scramble to Keep Cruise Sailing
Villa Vie Residences struggled to fund the MV Odyssey before suspending operations in Cambodia, leaving more than 200 passengers stranded. Documents show the company owed money to suppliers and crew, while residents helped raise emergency funds, including a $400,000 payment to a fuel supplier from a passenger’s personal account.
Clever 2027 Nissan Rogue Hybrid Drives Like an EV
Nissan’s 2027 Rogue Hybrid uses a series-hybrid system: its gasoline engine acts as a generator, while electric motors drive the wheels. The crossover has 225 horsepower of combined system power and a 1.67 kWh battery. Its listed fuel economy is 38 MPG combined, with a base price of $35,490 plus a $1,595 destination fee.
Trading Standards Find Mercury, Lead in Fake UK Beauty Products
Trading Standards found toxic substances in counterfeit cosmetics seized across the UK, including 13,200 parts per million of mercury in a skincare product and about 80% methanol in a fake fragrance. Authorities also reported lead in makeup and nicotine in perfume, while the IPO has launched a campaign to warn consumers about the risks.