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Bill Ackman AI Capex Call: Why He Backs the Hyperscalers
Bill Ackman AI capex view: Pershing Square says Big Tech’s $740B spending is offensive, not defensive. Key numbers inside.
Family Trust Distribution Tax: ATO Chases Old Errors
The ATO is chasing family trust distribution tax over decades-old paperwork errors, with some families facing million-dollar bills. Here is how the 47% tax works, the June 2027 interest relief deadline, and the wider 30% trust tax fight.
Sanjeev Gupta: Creditors Chase His Fortune to Sydney
Creditors owed about $6 billion are now chasing Sanjeev Gupta’s personal fortune in Sydney. Here is what happened at Whyalla, Tahmoor and Liberty Bell Bay, and what comes next.
Binance Hack: $6.3 Billion Hit in Biggest Crypto Heist
The Binance hack hit about $6.3 billion in crypto. We explain how it happened, the North Korea link, frozen funds, and what it means for users.
Sustainable Aviation Fuel: SIA to Buy Waste-Gas Jet Fuel Made in Singapore
Sustainable aviation fuel made from waste gases is coming to Singapore. SIA will buy up to 4,800 tonnes from Aether’s Project Beacon from 2028. Here is what it means for flyers and investors.
UBS Job Cuts Deepen as Q3 Profit Hits $2.7 Billion
UBS job cuts continue: staff fell about 6,800 in a year as Q3 profit hit $2.7B and the Lex UBS capital rules fight heats up.
Zeitumstellung Switzerland: Clocks Go Back 25 October
Switzerland is about to get an extra hour of sleep. In the night from Saturday 24 October to Sunday 25 October 2026, the Zeitumstellung Switzerland switch takes the country from summer time back to standard time, known locally as winter time. At 3am the clocks go back to 2am, and the hour we lost in…
Canada Pension Plan 2027 Increase: What to Expect
Canadian retirees are in line for a larger Canada Pension Plan 2027 increase than they received this year. The Canada Pension Plan 2027 increase is shaping up to beat the 2% bump paid in January 2026, according to early analyst estimates, and it arrives alongside a separate change that lowers contribution rates for workers. Here…
McDonald’s AI Fake Disaster Photo Debunked by Taiwan Police
The McDonald’s AI fake disaster photo that went viral during Typhoon 薔琵 never happened. Taiwan’s Dajia police visited the scene and confirmed the image showing a collapsed McDonald’s sign was generated by artificial intelligence, prompting Taichung Mayor Lu Shiow-yen (盧秀燕) to order a full investigation and fines for whoever created and spread it. What Happened:…