Latest News
Sugar Slips as India's Import Quota Cools Rally
ICE raw sugar slid 2.3% to 17.20 cents/lb as India's 1-million-ton import quota eased supply concerns, though Brazil's output cut limits downside.
Bathla Group's A$3.2B Collapse Puts Private Credit Under Scrutiny
Bathla Group's entry into voluntary administration with A$3.2B liabilities highlights risks in Australia's private credit sector, with Centuria (ASX: CNI) exposed and regulators warning on valuation and liquidity.
Social Security 2027 COLA Projected at 3.4%-3.6%, Adding Up to $60B
Private estimates for the 2027 Social Security COLA range from 3.4% to 3.6%, which could increase annual benefits by up to $60 billion.
Microsoft's MW4 Beta Draws Mixed Reviews as Xbox Seeks Content Revival
Microsoft's Modern Warfare 4 free beta kicks off Friday amid mixed Steam reviews and a 10% drop in Xbox content revenue. The game's performance is key to Microsoft's gaming recovery.
McDonald's Global Menu Push Faces Test as Overseas Sales Growth Slows
McDonald's international sales grew 1.5% in Q2, down from 4% a year ago. The World Menu Heist campaign tests whether global menu items can drive traffic.
Visa Revocation Cap of 200,000 Set to Impact Asylum Seekers, Travel Stocks in Focus
The Trump administration may revoke up to 200,000 B1/B2 visas linked to asylum applications, a move that could affect $366 million in travel spending. Markets will watch travel stocks.
Callaway Pulls Ad After Backlash; Equipment Sales Rise 4.5%
Callaway and Good Good retract a controversial ad, but Q2 equipment sales rose 4.5% with margin expansion. Stock dips on low volume; analysts still see upside.
Whitbread to Close Beefeater Chain, Pivots to Hotels with £40M Cost
Whitbread plans to close all 106 Beefeater restaurants by September 10, taking a £40 million FY27 charge as it refocuses on its hotel business, aiming for 15-20% returns by FY31.
Target Stock Hits Record High Despite Halloween Costume Recall
Target shares rose 2.7% to an all-time high of $169.89 after the retailer removed an offensive Halloween costume, while its Q2 earnings and holiday lineup boost investor confidence.
