Aviation Leadership: IATA named Pakistani-Swiss economist Saadia Zahidi as its next director general, starting Nov 1, as airlines brace for geopolitics, oil prices above $100, and tougher sustainability pressure. Corporate Strategy Shift: RTX’s Pratt & Whitney signaled a rethink of its turbofan money-making model, moving away from heavy reliance on long-term aftermarket visits as it also works through costly engine recalls. Business Policy Clash (UK): UK PM Andy Burnham’s 20% business rates cut for pubs, clubs and live music venues from April 2027 sparked backlash from restaurants and hotels, who say the relief is uneven. Dealmaking/Restructuring: Nestlé’s water carveout—selling half its water business to Platinum Equity in a €4.9bn deal—adds to Europe’s broader corporate asset-shedding trend. Finance & Markets: Bahrain logged 33,707 new business registrations in just over two years, led by trade and vehicle repair, while Bangladesh stocks slid sharply as turnover fell. Small Business Support: Delaware launched an Office of Small Business Access as a single state contact point for licensing and regulatory help. Cyber & Risk: A Detroit summit preview highlighted how AI is changing cyber threats, from phishing to ransomware, pushing firms to upgrade defenses. Regional Economic Diplomacy: Oman and the Philippines will meet in Manila to expand trade, investment, tourism, logistics and connectivity. Local Economy: Philadelphia police unveiled a five-year “modern business” style plan, including AI in 911 calls and easier nonemergency reporting.