Boohoo Changes Chairman as Frasers Calls For Removal
Boohoo said Mahmud Kamani would move aside as chairman on the same day that Frasers called for his removal, the latest twist in a spat between the online fashion company…
Resolute Mining Says CEO, Employees Released From Detention in Mali
The miner said its chief executive and two employees have been released from detention in Mali, ending a standoff that raised concerns about a resurgence in resource nationalism as gold…
JD Sports Expects Profit at Lower End of Guidance
The sneaker and fashion retailer trimmed its outlook after alerting of trading volatility due to higher promotional activity and mild weather in key markets. Source link
Novartis Lifts Sales Outlook on Key Drugs, Pipeline Portfolio
The pharma company raised its guidance on revenue growth from its key treatments and expected drug launches, and now anticipates annual currency-adjusted sales to grow by 6% through 2028. Source…
Julius Baer Assets Rise as Inflows Accelerate
The private banking group reported an increase in assets under management as inflows of money from clients in key markets accelerated from the midyear point. Source link
Zurich Insurance Targets Higher Earnings Growth
The insurer said it was targeting annual core earnings growth of more than 9% as part of its new three-year plan to 2027, after benefiting from a better-than-anticipated market. Source…
An Immigration Crackdown Risks Sapping Farms' Vital Source of Labor
Agriculture companies and laborers fear raids; 42% of crop farmhands aren’t legally authorized to work in the U.S. Source link
India drops two places but remains among top 10 climate performers: Report
India ranked 10th on a list of over 60 countries assessed for efforts to fight climate change despite dropping two spots compared to last ago, thanks to its low per…
Archegos Founder Bill Hwang Sentenced to 18 Years in Prison
His firm’s collapse wiped $100 billion in market value, prosecutors said. Source link
Nvidia's Sales Soar as AI Spending Boom Barrels Ahead
The AI chip giant gave a strong outlook, pointing to healthy demand for next-generation chips. Source link