RBI appoints new leadership at Popeyes and Burger King

The Indian rupee is struggling as it approaches a new low, despite the Reserve Bank of India's recent efforts to stabilize it. This situation is concerning because the rupee has been the worst-performing currency in Asia this year, highlighting ongoing economic challenges in India.

The crypto industry is gearing up for the 2026 midterms with a significant financial boost, amassing around $263 million through super political action committees. This amount nearly doubles the spending of the largest committee in the 2024 elections, showcasing the growing influence of crypto in politics.

Mizuho has reaffirmed its Outperform rating on Chewy's stock, even with the recent increase in membership fees. This decision reflects confidence in Chewy's business model and growth potential, suggesting that the company is well-positioned to navigate the changes.

Geberit has reported a 5.4% increase in sales for Q3 2025, showcasing resilience despite facing currency headwinds. This growth reflects the company's strong market position and effective strategies.

The RBI has announced new leadership appointments at Popeyes and Burger King, signaling a fresh direction for both brands. This move is expected to enhance their market presence and drive innovation in their offerings.

U.S. stocks closed lower today, with the Dow Jones Industrial Average dropping by 0.56%. This decline reflects ongoing concerns in the market, impacting investor sentiment.

Roelof Botha is stepping down as the steward of Sequoia Capital after nearly ten years. He will pass the leadership role to Alfred Lin and Pat Grady, marking a significant transition for the renowned Silicon Valley venture capital firm.