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Asia
The Economic Times

Govt of Singapore’s India portfolio: 10 stocks rally up to 100% in FY27 so far

The Government of Singapore (GoS) maintains a significant presence in the Indian stock market and ranks among the major foreign institutional investors (FIIs) by portfolio value. According to its latest shareholding disclosures for the September 2026 quarter, GoS held stakes in 36 Indian listed companies, with a combined market value of approximately Rs 1,26,299 crore as of October 24, 2026. This marks a decline of nearly 24% from its portfolio value of Rs 1,65,129 crore in March 2026.In terms of stock performance, around 14 stocks in the portfolio have delivered positive returns so far in FY27, while nearly half have posted negative returns. We highlight the top 10 performers, whose shares have gained between 20% and 100%. We also look at six stocks that were newly added to the portfolio in the September quarter. (Data Source: ACE Equity, Trendlyne) The stock has surged 101% so far in FY27, climbing from Rs 1,511 to Rs 3,034. As of the June 2026 quarter, the Government of Singapore held a 2.32% stake in the company, valued at around Rs 310 crore as of October 23, 2026. This stock was newly added to the portfolio in the September 2026 quarter. The stock has rallied 56% so far in FY27, rising from Rs 482 to Rs 753. As of the June 2026 quarter, the Government of Singapore held a 6.38% stake in the company, valued at around Rs 2,999 crore as of October 23, 2026. The stock has gained 51% so far in FY27, advancing from Rs 5,947 to Rs 8,984. As of the June 2026 quarter, the Government of Singapore held a 2.84% stake in the company, valued at around Rs 6,771 crore as of October 23, 2026. The stock has climbed 50% so far in FY27, rising from Rs 6,989 to Rs 10,482. As of the June 2026 quarter, the Government of Singapore held a 2.71% stake in the company, valued at around Rs 742 crore as of October 23, 2026. The stock has advanced 38% so far in FY27, moving from Rs 229 to Rs 317. As of the June 2026 quarter, the Government of Singapore held a 1.18% stake in the company, valued at around Rs 3,621 crore as of October 23, 2026. This stock was newly added to the portfolio in the September 2026 quarter. The stock has risen 31% so far in FY27, climbing from Rs 241 to Rs 316. As of the June 2026 quarter, the Government of Singapore held a 1.62% stake in the company, valued at around Rs 1,194 crore as of October 23, 2026. The stock has gained 23% so far in FY27, rising from Rs 1,505 to Rs 1,858. As of the June 2026 quarter, the Government of Singapore held a 1.59% stake in the company, valued at around Rs 1,059 crore as of October 23, 2026. The stock has climbed 21% so far in FY27, advancing from Rs 976 to Rs 1,185. As of the June 2026 quarter, the Government of Singapore held a 1.6% stake in the company, valued at around Rs 1,066 crore as of October 23, 2026. The stock has risen 20% so far in FY27, moving from Rs 318 to Rs 382. As of the June 2026 quarter, the Government of Singapore held a 1.32% stake in the company, valued at around Rs 219 crore as of October 23, 2026. The stock has gained 20% so far in FY27, climbing from Rs 128 to Rs 153. As of the June 2026 quarter, the Government of Singapore held a 6.36% stake in the company, valued at around Rs 217 crore as of October 23, 2026.

Govt of Singapore’s India portfolio: 10 stocks rally up to 100% in FY27 so far
Asia
The Economic Times

Portfolio Killers: 10 US stocks that wiped out up to 66% of investors’ wealth in 2026

Amid the AI trade and ongoing geopolitical tensions, several US-listed stocks have come under pressure in 2026. Here are the top 10 stocks with market capitalisations above $5 billion that have fallen between 49% and 66% year to date, according to Vested Finance data. The Trade Desk has emerged as the biggest loser on this list, with shares plunging 65.75% in 2026, from $37.96 at the end of last year to $13.00. The digital advertising technology company now has a market capitalisation of $6.1 billion. Flutter Entertainment has fallen 62.76% in 2026, with shares plunging from $215.04 at the end of last year to $80.09. The global sports betting and gaming company now has a market capitalisation of $13.9 billion. Stellantis has shed 62.72% in 2026, with shares sliding from $10.89 at the end of last year to $4.06. The automaker, which owns brands such as Jeep, Fiat and Peugeot, now has a market capitalisation of $10.6 billion. AppLovin has plunged 61.38% in 2026, with shares tumbling from $673.82 at the end of last year to $260.25. The advertising technology company still commands a market capitalisation of $87.1 billion. Lululemon Athletica has declined 52.36% in 2026, with shares falling from $207.81 at the end of last year to $99.01. The premium athletic apparel company now has a market capitalisation of $11 billion. Boston Scientific has lost 52.08% in 2026, with shares dropping from $95.35 at the end of last year to $45.69. The medical device maker now has a market capitalisation of $66.2 billion. Fair Isaac has plunged 51.77% in 2026, with shares tumbling from $1,690.62 at the end of last year to $815.31. The company behind the widely used FICO credit scores now has a market capitalisation of $17.6 billion. Zillow Group has shed 51.66% in 2026, with shares falling from $68.22 at the end of last year to $32.98. The online real estate marketplace now has a market capitalisation of $7.5 billion. CoStar Group has declined 49.55% in 2026, with shares sliding from $67.24 at the end of last year to $33.92. The real estate information company now has a market capitalisation of $13.7 billion. AeroVironment has fallen 49.05% in 2026, with shares dropping from $241.89 at the end of last year to $123.25. The defence technology company now has a market capitalisation of $6.3 billion. Disclosure: This article has been written by Kumar Gaurav, who is not a Sebi-registered Research Analyst or an Investment Adviser. Gaurav and their ‘relative(s)’ (as defined under Section 2(77) of the Companies Act, 2013) do not hold any financial interest in the companies mentioned in this article as of the date of publication. The views/recommendations mentioned in this article, wherever applicable, are those of the respective Sebi-registered Research Analyst/brokerage and have been reproduced/reported with due attribution. They should not be construed as the views or recommendations of The Economic Times Digital or the journalist. Readers are advised to consider the original research report and make their investment decisions based on their own assessment. Brokerage disclaimers here

Portfolio Killers: 10 US stocks that wiped out up to 66% of investors’ wealth in 2026
Europe
The Guardian

US corporate lobbyists mounted ‘blitz’ to dilute landmark EU deforestation law, report finds

Deforestation from illegal mining in the Tambopata national reserve near Puerto Maldonado, Peru, in August 2026. Photograph: Angela Ponce/Bloomberg via Getty ImagesView image in fullscreenDeforestation from illegal mining in the Tambopata national reserve near Puerto Maldonado, Peru, in August 2026. Photograph: Angela Ponce/Bloomberg via Getty ImagesDeforestationUS corporate lobbyists mounted ‘blitz’ to dilute landmark EU deforestation law, report findsEnvironmental watchdog Mighty Earth reveals two-year effort to postpone and weaken EU Deforestation Regulation US corporate lobbyists launched a two-year “blitz” to postpone and weaken the world’s most progressive legislation to protect forests, according to a new investigation by the environmental watchdog Mighty Earth. Major US firms and trade associations, including Cargill, Bunge, Mondelēz and the US Soybean Export Council, as well as numerous other US firms and organizations, sought to influence the EU Deforestation Regulation (EUDR) in more than 350 meetings, the advocacy group found. US company representatives and industry groups deny there was a concerted campaign to derail the deforestation rules, saying their meetings with EU officials raised legitimate concerns around implementation. The EUDR prohibits imports of commodities such as cattle, cocoa, coffee, oil palm, rubber, soya and wood from deforested land. When the ban was put forward in 2003, the then European environment commissioner, Virginijus Sinkevičius, described it as “the most ambitious legislative attempt to tackle these issues worldwide ever” and some US lawmakers said it should be a model for similar rules in the United States. In the years since, its official implementation has been delayed twice and the original goal to rigorously trace the origin of commodities has been revised so much that some of its initial supporters claimed the policy has been in effect “dismantled”. The law will come into effect in December. Lobbyists from many countries, including Brazil and several EU nations, are known to have contributed to this dilution. Mighty Earth has provided the most detailed analysis yet of the role of organisations from the United States. It found 24 major US companies, trade associations and industry organizations discussed the EUDR in at least 173 meetings with members of the European parliament and 178 meetings with senior European Commission officials between July 2024 and July 2026. The US organisations with the highest number of meetings with the European Commission were the National Alliance of Forest Owners, Advanced Woody Biomass Alliance, the US Soybean Export Council, Bunge, the American Chamber of Commerce to the European Union and Cargill. Mighty Earth said lobbying was also conducted through the US Congress, the US Department of Agriculture, the Office of the US Trade Representative and the White House. Two weeks after a July 2025 meeting at a Scottish golf course between Trump and the president of the European Commission, Ursula von der Leyen, the two sides released a joint statement that promised the US special treatment with regard to the EUDR. The commission stated the US “poses negligible risk to global deforestation” (even though many of its biggest financial and trading companies have been repeatedly implicated in destruction of the Amazon and similar biomes). The statement also talked about the EU working “to address the concerns of US producers and exporters regarding EUDR, with a view to avoiding undue impact on US-EU trade”.

US corporate lobbyists mounted ‘blitz’ to dilute landmark EU deforestation law, report finds
Europe
BBC Business

There's a crackdown on sports piracy - but is it already out of control?

Image source, Getty ImagesByTheo LeggettInternational Business Correspondent"Football's Gone Round the Spend!" screamed The People newspaper one Sunday in July 1995. It reported breathlessly that three clubs between them were set to pay out more than £20m on new players. The highlight that summer was the transfer of Stan Collymore from Nottingham Forest to Liverpool for a British record fee of £8.5m. That number might not seem too impressive today, in an age when £100m transfers are almost commonplace. But at the time it was seismic stuff, and it symbolised the conversion of football from sport into big business. All of this had been made possible in the early 1990s by the creation of the Premier League, and its initial TV deal with the broadcaster Sky, which paid more than £300m for five years of rights. The agreement put live top-tier football behind a TV paywall for the first time. It was a lucrative model, one that other leading championships in motorsport, rugby, golf and cricket would later seek to replicate. But now, that model is coming under pressure. Piracy has become endemic in British sports: around half of sports fans now admit to using what they might euphemistically call "alternative" means to watch paywalled material, according to the consultancy Ampere Analysis. In August, a man in Lancashire was jailed for six and a half years for running an illegal streaming service that police said had generated almost £1m in illicit profits. In June, a postman from Pembrokeshire was jailed for over three years for selling illegal subscriptions and supplying pirate software to nearly 2,000 people. A third man, from Merseyside, received a suspended 32-month sentence in August for similar offences. Several pubs have been fined thousands of pounds for screening matches illegally. There is a great deal at stake. The Premier League alone is a sporting monster. In its most recent deal, it sold its viewing rights to domestic audiences for £6.7bn over four years, with almost as much coming from foreign rights. Armed with bundles of TV cash, clubs have been able to attract the finest players in the world. That in turn has given the league a major international profile. Although football has been the main beneficiary of paid-for TV in the UK, other competitions such as Formula One, Six Nations rugby and the Wimbledon tennis championships have also commanded very high fees for selling exclusive rights. Live sport on free-to-air television has become increasingly rare. Yet that wealth could be threatened by a surge in piracy and illegal viewing. The practice is most common among younger, digital-native audiences, who each year become a larger and larger share of sports fans. But many older viewers also seem comfortable with it. Image source, Georges De Keerle/Getty Images)Image caption, Rupert Murdoch (left) launched Sky TV with the broadcaster Andrew Neil in 1989. It went on to transform Britain's sports-watching landscape

There's a crackdown on sports piracy - but is it already out of control?
North America
CNBC Finance

Delta's business-class revamp: New seats, menus, plates and more Porsches

Delta Air Lines, the country's most profitable airline, has a problem serving its top-tier customers: not enough Porsches. The airline uses a fleet of 40 of the luxury vehicles to drive its high-value flyers right to the plane. "What's happened over the last several years is the demand has continued to rise, and we realized that the 40 cars that we have weren't enough to meet the demand. So we're moving that fleet to 70," Ranjan Goswami, Delta's chief marketing and product officer, told CNBC. It's just one of many changes Delta is making for customers who fly in its most luxurious and expensive cabin, known as Delta One. The Porsche service is part of a VIP add-on option. The carrier on Wednesday unveiled new crockery for the cabins, new Missoni mini pillows and fresh food and beverage menus, including Champagne served over sorbet and Blanton's bourbon. Many of the new items will appear on flights originating in Los Angeles later this month and on other routes in the coming months. Delta is also planning to debut updated suites with a bigger screen and a more cushioned, lighter lie-flat seat when it starts flying its first Airbus A350-1000 planes early next year. The airline's executives said the company is already thinking about adjustments on other aircraft, including smaller Airbus jets and on Boeing 787 Dreamliners that Delta has ordered and that will come in the next decade. Delta has invested heavily in premium service for close to two decades, and United Airlines has followed suit for a little over 10 years. Other carriers are also leaning into demand for higher-priced options. "You got to keep looking at the next cycle of what customers want, and you got to start planning for it now," Goswami said. He said Delta focused on details and quality with its latest project for Delta One so that the items, from sliding suite doors to new Delta-logo-emblazoned dinnerware, are made to last. The company tested some of those items to check for chipping, but there are other challenges, like customers liking them too much. "I think people are going to love a couple of items, although we hope they don't steal them," he said. Get this delivered to your inbox, and more info about our products and services.

Delta's business-class revamp: New seats, menus, plates and more Porsches
North America
CNBC Finance

United Airlines is making it harder to reach its top frequent flyer status in 2027

United Airlines is getting rid of one path to achieve elite status in 2027 and making its top tier harder to reach. The Chicago-based airline is removing the ability for MileagePlus members to earn status partially based on flight segments flown in a calendar year for 2027. Instead, starting Jan. 1, United will only consider the number of points members earn based on Premier qualifying points earned from eligible flight spending, award travel and eligible United credit card spending. United announced the change Tuesday in emails to MileagePlus members and on its website. The change aims to simplify how customers earn Premier status, according to the email obtained by CNBC that United sent to members. Previously, members could gain status in the lowest elite tier, Premier Silver, with a combination of 15 flight segments and 5,000 points earned in a year, or with 6,000 points. Now, customers will only be able to achieve the status through points at the 6,000 point threshold. The number of Premier qualifying points it will take for members to reach the Premier Gold and Platinum tiers through points will also stay the same as the previous points-only option. However, to reach United's highest rewards tier, Premier 1K, members now need 32,000 qualifying points, up from 28,000 in 2026. Flyers earn one Premier qualifying point, or PQP, per dollar spent on United base fares and upgrades, and for every 100 miles they redeem for travel on United flights. United Chase cardholders also earn points when they spend money with their card. MileagePlus members will still have to take at least four flights on United or United Express jets in a year to be eligible for Premier status. In an interview with travel website The Points Guy, United's President of MileagePlus Jarad Fisher called the flight segments metric an "old relic," saying that the airline "thought it made more sense for them to have one consistent metric ... that they could focus on across the board between their flight activity, their engagement in the airline." United also announced Tuesday that United cardholders who have Premier status will get a head start by automatically receiving 5% of the points needed to reach the status level they earned the previous year when a new year begins. United earlier this year overhauled the way travelers earn miles to reward customers holding its credit cards. The carrier also slashed earnings for basic economy flights, following earlier changes to the same practice by American Airlines and Delta Air Lines. United previously upped the thresholds required to earn Premier status in 2024 for the 2025 qualification year. Get this delivered to your inbox, and more info about our products and services. Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis.

United Airlines is making it harder to reach its top frequent flyer status in 2027
North America
CNBC Finance

Starbucks says it is not buying Chipotle after takeover speculation

Starbucks on Monday denied it is considering acquiring Chipotle Mexican Grill in what would be the biggest-ever restaurant takeover. "Starbucks is not buying Chipotle," a Starbucks spokesperson told CNBC's Jim Cramer. Chipotle's stock was down nearly 4% in morning trading Monday following the statement, while Starbucks shares were 1% higher. The coffee giant's denial comes after days of rumors about a potential megadeal between the two restaurant companies. On Thursday, the Financial Times reported that Starbucks had been working with advisors on a Chipotle takeover proposal in recent months. The newspaper cited people familiar with the matter. Earlier in October, Semafor reported that Chipotle had hired advisors to defend against activist investors or an unwanted takeover bid. The fast-casual chain is trying to recover from a rocky 2025, when traffic to its restaurants fell. Chipotle shares are down about 20% over the last year, making it a cheaper target. The deal rumors sent shares of Chipotle higher, while Starbucks stock fell on the reports. Chipotle investors were looking forward to a potential reunion with Brian Niccol, who previously led Chipotle and is now CEO of Starbucks. But Starbucks shareholders were largely concerned about an expensive distraction while the coffee chain is in the middle of its own turnaround. Get this delivered to your inbox, and more info about our products and services. Data is a real-time snapshot *Data is delayed at least 15 minutes. Global Business and Financial News, Stock Quotes, and Market Data and Analysis.

Starbucks says it is not buying Chipotle after takeover speculation
Asia
The Hindu BusinessLine

Q2 Results Today Live: Kotak Mahindra Bank, AU Small Finance Bank, IDFC First Bank, JK Cement, Netweb Tech, Castrol India, Kajaria Ceramics, Bharat Coking Coal to announce Q2 results

Blue money business graph finance chart diagram on economy 3d coin background with growth financial data concept or investment market profit bar and success market stock technology currency report. | Photo Credit: Lemon_tm The company had posted a net profit of Rs 4.54 crore in the year-ago period. Its revenue from operations rose 51.9 per cent to Rs 87.41 crore during the quarter from Rs 57.56 crore a year earlier As per the release, BPCL’s consolidated revenue from operations rose 29.78 per cent year-on-year to ₹1,57,818 crore in Q2 FY27 from ₹1,21,605 crore in the corresponding quarter of FY26. However, consolidated earnings before interest, taxes, depreciation and amortisation (EBITDA) declined 13.37 per cent to ₹9,647 crore from ₹11,136 crore, while net profit fell 21.45 per cent to ₹4,863 crore from ₹6,191 crore Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments. We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.

Q2 Results Today Live: Kotak Mahindra Bank, AU Small Finance Bank, IDFC First Bank, JK Cement, Netweb Tech, Castrol India, Kajaria Ceramics, Bharat Coking Coal to announce Q2 results
Europe
BBC Business

Third runway at Heathrow Airport would drive growth, Healey says

Chancellor John Healey has said building a third runway at Heathrow Airport has "always been a case for growth" after Prime Minister Andy Burnham refused to say if he backed the expansion. Healey said airport expansion, including at Heathrow, had been "a big part of jobs and growth" in recent decades, speaking at the International Monetary Fund (IMF) in Bangkok. His comments came after Prime Minister Andy Burnham was more sceptical, telling the BBC last month it was "a matter for London and Londoners". Healey's predecessor Rachel Reeves had put the airport's expansion at the centrepiece of an argument that Britain was open for business. Earlier this week Heathrow's chief executive Thomas Woldbye warned that not building a third runway at the UK's busiest airport would be a "huge missed opportunity". Healey told reporters: "The case for a third runway at Heathrow has always been a case for growth." He added: "The formal position now is that the consultation is closed, led by the Transport Department. "We're reviewing those, and then further decisions and announcements will follow." The third runway been debated for decades, with the project facing opposition from residents, politicians and climate campaigners. Last year, Reeves announced the government-backed expansion, saying "a third runway is badly needed", and the government could not "duck the decision any longer". Asked about the project in September, Burnham suggested it was an argument for London to decide. "I think we ought to hear the voice of people there first. It's not right for me to just jump straight in on the back of the consultation," he added.

Third runway at Heathrow Airport would drive growth, Healey says