Grab Holdings boosts 2026 forecasts on strong delivery, ride-hailing demand

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• Match Group reports Q3 revenue fell 3% YoY to $891M, below estimates, and total paying users fell 5% to 13.8M; Q4 forecast has adjusted EBITDA below estimates (Samantha Kelly/Bloomberg)

  Weakening demand for digital dating services has compressed margins and user participation across the tech company's core portfolio. Missed financial targets highlight ongoing operational friction as customer acquisition and retention momentum continue to slow. This persistent stagnation now clouds future operational profitability heading into the end of the year.

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• Disney eyes thousands of layoffs, managers asked to cut 20% in costs, Bloomberg News reports

  The entertainment giant is weighing substantial workforce reductions as part of an ongoing initiative to streamline operations and rein in spending. Leadership has instructed departmental managers to identify steep budget cuts to lower overall corporate expenses. These prospective changes reflect a broader push by the organization to recalibrate its staffing levels against current fiscal priorities.

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• Scoot extends Middle East flight cancellations to February 2027

  Escalating regional instability sparked by February strikes on Iran continues to force long-term operational adjustments across major international aviation routes. The Singapore Airlines Group is drastically scaling back Middle East connectivity by pulling capacity across both its budget and flagship carriers through early 2027. This prolonged suspension aims to protect operations while diplomatic negotiations attempt to de-escalate tensions and secure critical regional transport corridors.

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