Sangsin Energy Display Precision guarantees KRW 34.07 billion debt for subsidiary Sangsin Indiana

October 5th – PhillipCapital stated that PepsiCo’s domestic bottler, Varun Beverages (VARB.NS), will benefit from market opportunities, product innovation, and strong distribution moat. The brokerage initiated coverage on the stock with a “Buy” rating and set a target price of 560 rupees. PhillipCapital pointed out that the company’s recent business expansions—including KIVA Spirits, the Asahi partnership in India, and collaboration with Carlsberg in Africa—offer additional growth potential not yet reflected in the share price. VARB’s introduction of new consumer product categories, such as zero-sugar carbonated soft drinks, energy drinks, sports drinks, and dairy-based beverages, helps solidify its value base, attract health-conscious consumers, and promote product premiumization. Although there are competitive threats, the brokerage believes that in India's soft drink market, where penetration is still low, new mainstream contenders are more likely to expand the overall market rather than take significant share from existing players. Out of 25 analysts, 22 assign the stock a “Buy” or higher rating; the median target price is 556 rupees. The company’s share price rose 1.7% to 432.55 rupees, with a year-to-date decline of 11.6% (To facilitate non-English speakers, Reuters provides automated translations of its reports into several other languages. As automated translation may be inaccurate or lack the required context, Reuters does not guarantee the accuracy of automated translations and provides them for reader convenience only. Reuters accepts no liability for any damage or loss caused by the use of automated translation features.)

Current Spread in Yield Basis Points U.S. 5.262 % Australia 5.347 % 8.5 Belgium 4.339 % -92.3 Canada 3.944 % -131.8 Denmark 3.268 % -199.4 France 4.866 % -39.6 Germany 3.475 % -178.7 Italy 4.604 % -65.8 Japan 3.091 % -217.1 Netherlands 3.577 % -168.5 Spain 4.087 % -117.5 Sweden 3.146 % -211.7 U.K. 5.369 % 10.7 Source: Tullett Prebon via FactSet (END) Dow Jones Newswires October 05, 2026 01:10 ET (05:10 GMT)

Current Spread in Yield Basis Points Germany 3.475 % Australia 5.347 % 187.2 Belgium 4.339 % 86.4 Canada 3.944 % 46.9 Denmark 3.268 % -20.7 France 4.866 % 139.1 Italy 4.604 % 113.0 Japan 3.091 % -38.4 Netherlands 3.577 % 10.2 Spain 4.087 % 61.2 Sweden 3.146 % -32.9 U.K. 5.369 % 189.4 U.S. 5.262 % 178.7 Source: Tullett Prebon via FactSet (END) Dow Jones Newswires October 05, 2026 01:10 ET (05:10 GMT)

Tanzania renewed special mining licenses for Barrick’s North Mara gold mine for 15 years, securing long-term operating rights. Renewal supports continued investment plans, employment, local procurement, tax payments, royalties, dividends in Tanzania. Barrick injected about $5.3 billion into the Tanzanian economy since 2019, including $1.2 billion in 2025. Twiga Minerals structure remains in place, with Tanzania holding 16% in each mine and economic benefits split equally. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Barrick Mining Corporation published the original content used to generate this news brief on October 06, 2026, and is solely responsible for the information contained therein.