South Korea's Kospi fell more than 7% intraday on October 13 and triggered a trading curb. SK Hynix dropped 10% and Samsung Electronics 7.4% after China's CXMT reported progress on denser DRAM, raising doubts about how long the AI-driven memory boom can last.
New York-based Allara, founded by Rachel Blank after her own PCOS diagnosis, has raised $30 million to expand its integrated care platform for hormonal, metabolic and reproductive health. The company has served more than 120,000 women and is now building AI tools for clinicians and patients.
Her Startup has opened applications for Cohort 2.0, an accelerator delivered with the Founder Institute that offers mentorship, stipends and the chance to pitch for up to $5,000 in seed funding. It is open to young women leading revenue-generating tech businesses across Africa, with applications closing on October 26, 2026.
German semiconductor startup Ubitium has raised $14 million in seed funding led by Ibex Investors, with personal backing from Quantum Systems co-CEO Florian Seibel, to commercialise a reconfigurable processor that handles sensing, AI inference and real-time control for drones and robots on one chip.
Jardine Matheson has raised its 2026 underlying earnings guidance to US$5.50–5.65 a share and bought Balfour Beatty's 50% stake in Gammon Construction for £250 million, the first deal under its new Jardine Engineering & Infrastructure pillar.
TotalEnergies is expanding its 50/50 US renewables joint venture with KKR by adding three utility-scale solar assets in Texas and Ohio worth $1.2 billion, lifting the venture’s capacity from 1.4 GW to about 2.1 GW.
As the IMF–World Bank Annual Meetings open in Bangkok for the first time since 1991, the IMF has lifted India’s 2026 growth forecast to 7% while warning that global resilience is under strain from the Middle East war, high energy prices and record debt.
Russian strikes on Ukrainian gas facilities wounded 33 people hours after President Trump declared an “energy ceasefire”, as his plan to import Russian diesel draws legal questions and US gasoline averages $4.35 a gallon.
The D2C lifestyle accessories brand is now valued at ₹1,050 crore after a round co-led by Xponentia, Anicut and Axiom Asia, and plans 150 exclusive stores over five years.
NABARD's venture arm has secured ₹450 crore towards a ₹1,500 crore fund for agritech, rural fintech and climate-smart start-ups, at a time when agritech funding has fallen to multi-year lows.