World cotton trade to reach 10.3m tonnes by 2028/29
Global cotton trade is projected to rise to 10.3 million tonnes by 2028/29 from 9.4 million tonnes in 2025/26, driven by resilient consumption despite production challenges.
Auditeo sued by ASIC over alleged First Guardian audit failures
ASIC has filed Federal Court proceedings against audit firm Auditeo and two auditors over alleged audit failures related to the First Guardian Master Fund, which later collapsed affecting over 6,000 investors.
Humana tops quarterly estimates, maintains profit outlook as medical costs stay in line
Humana reported second-quarter earnings that exceeded Wall Street expectations, with medical costs tracking as anticipated, though the company maintained its 2026 profit guidance unchanged.
Hims and Hers shares fall 10% as FTC sues company over data, billing practices
Hims and Hers shares fell 10% Wednesday after the FTC sued the telehealth company over alleged data privacy violations, improper billing practices, and difficult subscription cancellations.
Rolls-Royce CEO says major hyperscaler nuclear deal is imminent as data center demand soars
Rolls-Royce expects a major hyperscaler nuclear deal soon as data center demand drives forecast for continuous power systems to account for up to one-fifth of its power-generation business by 2030.
Jeep maker Stellantis swings to profit on rising demand in North America
Stellantis swung to profitability in the second quarter on North America strength, posting net profit of 293 million euros versus a prior-year loss, though adjusted operating income fell short of analyst expectations.