Australian Activewear Brand Stax Saved From Collapse by New Owners
A private Australian investor group has acquired the embattled activewear brand Stax, promising to rebuild the business and address customer concerns.
A private Australian investor group has acquired the embattled activewear brand Stax, promising to rebuild the business and address customer concerns.

The UAE's state-owned gas company aims to boost production following its exit from OPEC+ restrictions earlier this year.
Shoppers praise the budget-friendly dip for its taste and affordability, highlighting a trend towards value-driven purchases.
More than a dozen Taylor Farms items containing jalapeños are being removed from grocery store shelves nationwide as a salmonella outbreak sickens hundreds.

Default rates are climbing in the private credit sector, signaling potential challenges ahead despite an optimistic industry outlook.

Regional currencies show consolidation as the market anticipates a potential pause in U.S. interest rate hikes.

Crude benchmarks gain ground in early trading on concerns about the vital shipping lane.

Traders are anticipating the July jobs report for clues on the Federal Reserve's interest rate path.

Yields on JGBs declined in early Tokyo trading following indications of a potentially accelerated path toward interest rate increases by the Bank of Japan.