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Burberry shares drop 3% after HSBC downgrades stock to 'hold' amid luxury sector caution
Burberry Group PLC shares fell 3% to 1,052p following HSBC's downgrade of the stock from 'buy' to 'hold'. HSBC cited softer momentum in the luxury sector and near-term challenges in soft luxury goods as reasons for the more cautious stance. The downg...
US bans Canadian motorbikes and alcohol imports amid escalating trade tensions.
The US announced a ban on imports of Canadian motorbikes, dairy, and various alcoholic beverages starting September 29, 2026, escalating a trade dispute with Canada. This move follows Canada's retaliatory tariffs on $27.6 billion of US goods, targeti...
Fundstrat's GRNY ETF targets AI, defense, and bitcoin themes with a buy rating for growth potential.
The Fundstrat Granny Shots US Large Cap ETF (GRNY) offers investors diversified exposure to high-growth sectors such as AI infrastructure, defense, and bitcoin price recovery. It uses a factor-based, equal-weighted approach focusing on companies bene...
Weak yen boosts Mitsui O.S.K. Lines' dollar revenue; Strait of Hormuz shipping unlikely to resume soon
Mitsui O.S.K. Lines benefits from a weak yen as much of its revenue is earned in U.S. dollars, according to Chairman Takeshi Hashimoto. He expressed concerns over sharp currency swings causing market confusion and prefers a stable yen-dollar range of...
Rosen Law Firm investigates fiduciary breaches by Manhattan Associates' directors and officers.
Rosen Law Firm is investigating potential breaches of fiduciary duties by the directors and officers of Manhattan Associates, Inc. This legal action could impact shareholders of the company, prompting them to seek more information or legal counsel. T...
Anthropic researcher warns AI has >10% chance to kill all humans within a decade amid safety concerns.
An Anthropic safety researcher stated there is more than a 10% chance that AI could kill all humans within the next decade, highlighting serious concerns about AI safety and control. Another Anthropic employee resigned, accusing AI labs like Anthropi...
Sovereign Metals' rare earth recovery at Kasiya could add $722M pre-tax NPV with fast payback.
Sovereign Metals announced that incorporating rare earth recovery into its Kasiya project in Malawi could add an incremental pre-tax net present value (NPV) of $722 million, requiring about $29 million in capital to reach production. A scoping study ...
Questcorp reports promising Phase 2A drilling results at La Union, Mexico, advancing multiple gold targets.
Questcorp Mining announced successful Phase 2A drilling results at its La Union project in Sonora, Mexico, revealing near-surface gold and polymetallic mineralization at Union Norte and confirming historic mineral systems at Union Mine. The campaign ...
Hi-View Resources to present its BC gold and copper projects at Resource Connector North event.
Hi-View Resources Inc. will present its portfolio of gold, silver, and copper exploration projects in British Columbia's Toodoggone District at the Resource Connector North event in Prince George on September 10. The company is advancing five project...
Edge Total Intelligence recognized in Gartner's 2026 Hype Cycle for Digital Twins in operational tech.
Edge Total Intelligence Inc. was recognized in Gartner's 2026 Hype Cycle for Managing Operational Technology for its Digital Twins profile. This highlights the company's role in integrating IT and OT systems to create operational digital twins that u...
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