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Tapestry China Town Hall Celebrates Achievements and Looks Ahead
World News

Tapestry China Town Hall Celebrates Achievements and Looks Ahead

Tapestry recently hosted a Town Hall in Shanghai, where 460 team members gathered to recognize FY23 achievements and discuss strategy for the year ahead. The team also celebrated an important mileston...

  • September 26, 2023 03:38 AM AEST
  • 3BL
Thomas Nides to join Wells Fargo as Vice Chairman in October
Stock Market

Thomas Nides to join Wells Fargo as Vice Chairman in October

Thomas R. Nides, former United States’ Ambassador to Israel and Morgan Stanley (NYSE:MS) executive, has been appointed Vice Chairman of Wells Fargo (NYSE:WFC)&Co., the company announced on Monday. N

Market uncertainty looms as government shutdown threat and economic data releases approach
Stock Market

Market uncertainty looms as government shutdown threat and economic data releases approach

Investors are bracing for a challenging week ahead, given the recent retreat of the S&P 500 and Nasdaq Composite indices, potential government shutdown, key economic data releases, and the resumption

Australia Period Care Market Growth with CAGR of 5.3% Implies to Reach Industry Size of $1,028.7 Million by 2030
Retail

Australia Period Care Market Growth with CAGR of 5.3% Implies to Reach Industry Size of $1,028.7 Million by 2030

Australia Period Care Market Based on product type, the sanitary pads segment contributed to the major share in 2020. Rise in literacy and awareness of period care products in Australia, increase in n...

Evergrande's financial woes deepen, impacting global markets
Stock Market

Evergrande's financial woes deepen, impacting global markets

The ongoing financial crisis of Evergrande (HK:3333) Group, the major Chinese property developer, continues to raise concerns about the stability of the world's second-largest economy. The company's d

How SAP-Funded Trees Help Reforestation Programs
World News

How SAP-Funded Trees Help Reforestation Programs

It’s estimated that Earth is home to 3 trillion trees, storing an amount of carbon dioxide (CO2) equivalent to nearly a century’s worth of our current annual fossil fuel emissions. But this natural CO...

  • September 26, 2023 02:55 AM AEST
  • 3BL
S&P 500, Nasdaq Futures Dip as US 10-Year Yield Nears 15-Year Peak
Stock Market

S&P 500, Nasdaq Futures Dip as US 10-Year Yield Nears 15-Year Peak

Monday saw a slight decline in December S&P 500 futures and December Nasdaq 100 E-Mini futures by 0.05% and 0.12% respectively, as the U.S. 10-year yield approached a 15-year peak. This comes amid ant

ECB Maintains High Interest Rates to Combat Inflation Amid Economic Slowdown
Stock Market

ECB Maintains High Interest Rates to Combat Inflation Amid Economic Slowdown

The European Central Bank (ECB) is determined to keep interest rates high enough to restrict business activity "as long as necessary" to counter inflation, according to the bank's president, Christine

Nike’s Stock Downgraded by Jefferies Amid Macroeconomic Concerns
Stock Market

Nike’s Stock Downgraded by Jefferies Amid Macroeconomic Concerns

Monday saw a mild decline in Nike Inc.'s (NYSE:NKE) stock in early trading, following a downgrade by Jefferies from "buy" to "hold". The financial services firm also revised the price target for the a

JP Morgan maintains Overweight recommendation on Allogene Therapeutics amid bullish market sentiment
Stock Market

JP Morgan maintains Overweight recommendation on Allogene Therapeutics amid bullish market sentiment

On Monday, financial services firm JP Morgan continued its coverage of clinical-stage biotech company Allogene Therapeutics (NASDAQ:ALLO), issuing an Overweight recommendation. The one-year price targ

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