China's Stock Market Crashes 20%: 3 Reasons Why The Dragon Is Losing Its Fire

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• Big pharma accused of ‘free-riding on nature’ as global fund attracts just $7,000

  A landmark biodiversity fund aiming to raise $1 billion annually has attracted just $7,085 in commitments since its launch in February 2025, with major pharmaceutical companies failing to contribute despite their reliance on genetic information from nature. The Cali Fund, which invites businesses to make voluntary contributions of 1% of their profits or 0.1% of revenue, has received only $10,656 in total commitments. The top 15 pharmaceutical companies could have contributed $756 million based on their performance…

  4 min read
• Meta Q3 results: Net income jumps 264% to $9.86 bn, but legal charge limit profits

  Meta Platforms reported a net income of $9.86 billion in the third quarter of 2026, up 264% from the same quarter last year. Meta expects revenue in the fourth quarter to be between $73 billion and $76 billion, with a revised full-year 2026 expense outlook of $175-179 billion, including the legal charge. The company plans to increase its capital expenditure forecast for 2026 to $135-145 billion, with AI investments expected to support strong overall revenue growth through 2027.

  2 min read
• Pensioners urge cabinet secy to announce DR hike soon

  Bharat Pensioners' Samaj (BPS), an organization with 10 lakh central government pensioners as members, has written to the cabinet secretary requesting an early announcement of dearness relief (DR) hike. The letter was written on October 22, 2026, and requested intervention with the Department of Pension and Pensioners’ Welfare (DoPWW) and the Department of Expenditure (DoE), Ministry of Finance. The delay has caused disappointment and uncertainty among pensioners, particularly elderly and financially dependent pen…

  5 min read