1h ago
Ganesh Chaturthi gold sales in India fall about 15% by volume as prices jump to Rs 1.57 lakh per 10 grams
Gold sales during Ganesh Chaturthi in India fell about 15% year on year by volume as buyers cut back or shifted to lighter jewellery after a sharp rise in prices, according to industry executives. In Mumbai’s spot market, gold traded at Rs 1.57 lakh per 10 grams with a 3% goods and services tax, up about 60% from Rs 98,000 per 10 gm on August 28 last year. Consumers also stepped up old-jewellery exchanges, while sales of coins and bars and demand tied to weddings and younger self-purchasers remained relatively resilient.
1h ago
1h ago
BHP shares jump 51.7% year on year as FY 2026 dividends rise to $2.419 a share
BHP Group shares have gained 51.7% over the past 12 months, outperforming the ASX 200 by more than 52 percentage points. The miner’s FY 2026 dividend payouts totalled $2.419 per share, up 41.6% year on year, implying a fully franked trailing dividend yield of 4% at current prices. Copper became BHP’s largest earnings driver for the first time, helped by a near-40% rise in copper prices in H2 FY26.
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3h ago
Disney lifts U.S. park attendance 3% with $59 Disneyland evening tickets and targeted deals as Universal and SeaWorld see softer traffic
Disney is using targeted promotions—including a limited-time $59 evening ticket at Disneyland, resident specials and free-dining offers—to spur demand. In the company’s most recent quarter, attendance at its domestic theme parks rose 3% year over year, the biggest increase since 2023. Domestic per-capita guest spending also increased 4% from a year earlier, suggesting the lower-priced options did not dilute spending per visitor. By contrast, Universal and SeaWorld have reported weaker attendance trends over the same period.
3h ago
3h ago
Paramount Skydance settles with US states, clearing hurdle to $110bn Warner Bros Discovery merger
Paramount Skydance has settled a lawsuit with dozens of US states that challenged its $110bn merger with Warner Bros Discovery, removing a major obstacle, California Attorney General Rob Bonta said. Under the agreement, Paramount must release at least 30 films each year. It must also ensure 20% of film production takes place in the US for the first two years, rising to over 30% in the following three years.
3h ago
5h ago
Major Wendy’s franchisee Meritage Hospitality Group files for Chapter 11 bankruptcy
Meritage Hospitality Group, one of the largest Wendy’s franchisees in the U.S., has filed for bankruptcy protection after rising beef costs and a dispute with Wendy’s corporate parent. Store-level earnings fell 48% in 2025, while the company posted a $31.5 million net loss and revenue declined 7.6% to $617.7 million. Wendy’s franchising unit has asserted $146.9 million in claims, including past-due royalties and fees and Continuous Operations Fees.
5h ago
5h ago
AMD briefly tops $1 trillion in market value as shares surge 9% to $613.92
AMD shares climbed as much as 9% intraday on Monday to a record $613.92, briefly pushing the company’s market capitalization above $1 trillion. The move makes AMD the fourth U.S. chipmaker to reach the milestone, after Nvidia, Broadcom and Micron. Investors have been backing AMD’s expanding role in AI computing, with the company stepping up launches of its MI300 and MI400 chips to challenge Nvidia’s lead. Goldman Sachs has also raised its price target on the stock.
5h ago
6h ago
Paramount reaches settlement with 12 states, easing path to $111 billion Warner Bros. Discovery deal
Paramount has reached a settlement with a 12-state coalition led by California Attorney General Rob Bonta, removing a key antitrust hurdle to its acquisition of Warner Bros. Discovery. The $111 billion transaction, billed as the largest merger in Hollywood history, had been paused while states pursued an antitrust lawsuit. The agreement was reached just ahead of a $7 million-per-day “ticking fee” set to begin accruing on Oct. 1. It clears a major path toward completing the deal.
6h ago