Keiron Birch joins Primark to lead womenswear design as the retailer expands its fashion offerings and targets younger shoppers. Primark has named Keiron Birch as director of womenswear design, a newly created position. Birch, who previously worked with Calvin Klein, Tommy
Leaked financials show OpenAI’s annual net loss tripled revenue despite $20B in R&D spending and major tech backing. OpenAI reported $13.1 billion in net revenue for 2024 but recorded a net loss of $38.5 billion, according to verified financial documents. The company’s ope
Tower Resources secures funding through flow-through and non-flow-through shares to advance its gold exploration projects. Tower Resources (TWRFF) announced a $1.72M private placement to finance its gold exploration programs. The offering includes two tranches: 6M flow-thr
May UK CPI remained at 2.8% YoY, below BoE projections, with services inflation rising to 3.7% despite softer goods prices. UK headline inflation remained unchanged at 2.8% year-on-year in May, missing both Bloomberg consensus estimates and the Bank of England’s April Mone
Most investors know the second quarter of this year has been a good one. Bouncing back from the pullback stemming from the beginning of the military conflict with Iran, since March 30, the SPDR S&P 500 ETF Trust (NYSEMKT: SPY), meant to mirror the S&P 500 (SNPINDEX: ^GSPC)
UK inflation unexpectedly held steady in May, easing pressure on the Bank of England as policymakers prepare to announce their latest interest rate decision this week. The consumer prices index rose by 2.8% in the year to May, figures from the Office for National Statistic
Jabil reported Q3 non-GAAP EPS of $3.16 and revenue of $8.8B, exceeding consensus estimates by $0.04 and $140M respectively. Jabil posted third-quarter non-GAAP earnings per share of $3.16, surpassing estimates by $0.04, while revenue reached $8.8 billion, beating expectat
OCBC expects the Federal Reserve to maintain rates and remove its easing bias, capping USD downside amid stable oil prices. The US Dollar remains directionless as traders await the Federal Reserve’s upcoming FOMC meeting, with no clear catalyst for sustained weakness. OCBC
The deal expands Modera’s Florida presence and adds 350 households to its client base under a fee-only fiduciary model. Modera Wealth Management has acquired Northstar Financial Planners, adding $311.6m in assets under management. The deal strengthens Modera’s footprint in
CREST secures $3.1m to expand its AI-driven family office platform for India’s next-generation wealth creators. India-based wealth management startup CREST has raised $3.1m in pre-seed funding, led by BEENEXT. The round included participation from Sparrow, Shastra VC, DeVC
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