K G Denim reported a FY26 standalone net profit of ₹142.66 lakh, reversing a loss of ₹3,587.97 lakh in the previous year. Revenue from operations fell 59% to ₹2,000.37 lakh. The company said a jump in other income, including gains from the sale of fixed assets, helped offset weaker operating performance. It has scheduled its 34th Annual General Meeting for September 29, 2026, where shareholders will vote on director reappointments and related-party transaction limits of ₹25 crore and ₹20 crore.

Chinese collectible toymaker Pop Mart plans to open its first European flagship store on Paris’ Boulevard Haussmann, home to Galeries Lafayette and Printemps. The move is aimed at advancing its international expansion as overseas sales slow. The company has shifted its focus toward global growth after its overseas revenue share fell in the first half.

Novartis shares fell after a setback in developing a heart-failure medicine, weighing on European stocks. U.S. markets were closed for the Labor Day holiday. Australian share futures pointed to a softer open, while the Australian dollar strengthened against the greenback. On the London Metal Exchange, the three-month copper benchmark briefly hit a record $14,533 a tonne.

Copper on the London Metal Exchange hit a record $14,533 per tonne, taking its gain to 17% over the past year. The move has been driven by expectations of US tariffs on refined copper imports, a buildup of US inventories, and long-term demand growth from data centres, renewables, power grids and electric vehicles. Goldman Sachs had forecast $11,200 per tonne for the fourth quarter of 2026 and Deutsche Bank had expected a $12,125 per tonne average for the year, but prices have risen well beyond those levels.

S&P Dow Jones Indices said Nike (NKE) will be removed from the S&P 100 in the index’s Sept. 21 quarterly rebalancing, ending an 18-year run. Nike shares are down 39% this year, pushing its market capitalization below $57 billion and leaving it short of the blue-chip sub-index’s inclusion threshold. The company will remain in the S&P 500, while fiscal 2026 revenue was flat at $46.4 billion amid continued sales declines in China.

The UN Food and Agriculture Organization said its global Food Price Index rose to 133.3 points in August, the highest since November 2022, up 1.9% from July. Extreme weather damaged crops in Europe, Asia and Brazil’s sugarcane regions, pushing sugar prices up nearly 12% in a single month. At the same time, the Black Sea conflict and tensions in the Middle East disrupted grain and fertilizer transport, lifting wheat and maize costs, while maize rose 2.5% on uncertainty over the U.S. supply outlook.

Ark Invest trimmed about $25 million worth of Palantir shares over the past week, according to an SEC filing. Its ETFs still hold roughly $450 million in PLTR, keeping the stock among the firm’s top 10 positions. Palantir trades at nearly 150 times forward earnings, and Wall Street analysts’ average target price of $197.89 implies 14% upside from current levels.

Walmart has received $2.9 billion in tariff refunds from the U.S. federal government this year, accounting for nearly 30% of roughly $10 billion returned to S&P 500 companies. Home Depot and Amazon received $750 million and $640 million in refunds, respectively. Walmart’s management said the one-time benefit is expected to be reflected in its third-quarter 2026 results.