The Australian department store chain posted a $276.5 million net loss for fiscal year 2026 but aims to leverage technology and a revamped brand portfolio for future growth.
The upper house of the Swiss parliament has approved a plan to reduce the capital reserves required for UBS, a move intended to ease the integration of the recently acquired Credit Suisse.
Manufacturers are increasingly focusing on higher-priced gadgets, a shift that is proving lucrative.
Traders are monitoring indirect U.S.-Iran talks and progress on Saudi Arabia's East-West pipeline.
U.S. stock futures and Treasury yields remained stable, while oil prices saw a slight increase, as markets assessed diplomatic developments in the Middle East.
The US dollar saw a significant climb while European diesel futures surged on speculation of a potential U.S. export ban on refined fuels.
Positive sentiment surrounding artificial intelligence and technology sectors on Wall Street propelled Taiwan's main stock index to a fresh closing high.
Factors including wholesale gas prices, infrastructure upgrades, and net zero policies contribute to elevated energy bills, with further increases anticipated.
Customers praise the brand's "buttery soft" shorts and commitment to safety and environmental standards.