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Latest verified news about Business & Corporate on Verilumia. Fact-checked and bias-analyzed Business & Corporate stories from multiple sources.

FSSAI issues 9 notices to Swiggy Instamart over unsafe food

India's food safety regulator has issued nine formal notices to Swiggy Instamart, the quick-commerce arm of food delivery giant Swiggy, following multiple consumer complaints alleging the delivery of expired, rotten, and...

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China regulator approves Shein Hong Kong IPO

The Chinese fast-fashion giant Shein has received approval from China's securities regulator to proceed with an initial public offering in Hong Kong, concluding a multi-year, globally-scoped effort to become a publicly t...

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FIFA sells 2026 World Cup final turf pieces for $450-$3,000

FIFA is selling pieces of the grass that will be used for the 2026 World Cup final, with collectible fragments priced from $450 to $3,000 each, a move expected to generate over $11 million in revenue.

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Costco sued over heavy metals in Orgain protein powder

Costco is facing a proposed class-action lawsuit alleging it sold protein powder containing toxic heavy metals without warning consumers. The lawsuit, filed on July 7, 2026, in the U.S.

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GTA 6 Trailer Speculation Peaks for August 7 Earnings Call

With the November 19, 2026, release date for Grand Theft Auto VI now just over four months away, intense speculation has shifted to when developer Rockstar Games will release its next major marketing piece, widely antici...

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Ubisoft's Black Flag remake hits 2 M copies, DLC backlash

Ubisoft's remake of the classic pirate adventure "Assassins Creed Black Flag Resynced" has achieved a major commercial success since its launch on July 9, 2026, but its reception among players has been divided by a signi...

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Vodafone shares up 12% as Xavier Niel becomes shareholder

Shares of Vodafone Group surged more than 12% in trading on Friday, July 10, 2026, following the announcement that French telecoms billionaire Xavier Niel will become the company's largest shareholder.

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1X unveils 25-DOF robotic hand for NEO home robot

A Norwegian robotics company has introduced a new, highly dexterous robotic hand for its humanoid home robot, aiming to solve one of the field's most persistent challenges: reliable manipulation of everyday objects.

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500 Indian GCCs plateau while govt eyes tier-II city growth

India's rapidly expanding network of Global Capability Centres (GCCs) has reached a critical inflection point, with a new report warning that hundreds of these centres are plateauing just as the government outlines an am...

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ED raids Mumbai film producer over foreign assets

The Enforcement Directorate conducted searches on Thursday, July 9, 2026, at premises linked to Mumbai-based businessman Dharmesh Sangani and his company, Kalanee Impex Private Limited, as part of an investigation into a...

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Bethesda union plans July 15 protests over Xbox layoffs

Unionized employees at Bethesda Game Studios are planning coordinated protests next week in response to a wave of layoffs across Microsoft's Xbox division that has eliminated hundreds of positions at the company's ZeniMa...

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Volkswagen to halve model range amid China sales slump

Volkswagen Group announced on Thursday, July 9, 2026, that it will slash its model lineup by as much as half, a dramatic move prompted by a deepening sales crisis in China and intensifying global competition.

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UK retail footfall down 3.4% in June heatwave hits high streets

Retail footfall across the United Kingdom fell significantly in June, with a record-breaking heatwave driving shoppers away from high streets and toward cooler, air-conditioned destinations, according to industry data re...

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John Carmack Reacts to Id Software Layoffs

John Carmack, the co-founder of legendary game developer id Software, has responded to massive layoffs at his former studio, expressing sadness but a pragmatic understanding of the business realities behind the decision.

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Volkswagen to halve model lineup, cut production to 9m

The Volkswagen Group announced a sweeping restructuring plan on Thursday, July 9, 2026, that will see its global model lineup cut by up to half as the automaker confronts plummeting sales, particularly in China, and inte...

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Kia recalls 463,000 Telluride SUVs over fire risk

Kia America is recalling nearly 463,000 Telluride SUVs due to a fire risk that can occur whether the vehicle is parked or being driven, federal regulators announced.

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