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Qantas FY26 Underlying Profit Before Tax Falls 14% to A$2.06 Billion
Qantas said a A$420 million net hit from Middle East disruption weighed on FY26 earnings, while it guided to 8% to 10% unit-revenue growth in the first half…
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Canada Swings to C$8.8 Billion Current-Account Surplus, First Since 2022
Energy-led goods exports pushed Canada's merchandise balance to a C$12.2 billion surplus, helping produce the largest current-account surplus since late 2005.
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UK Plans New Bank of England Payments-Innovation Mandate Covering Stablecoins
HM Treasury plans to give the Bank of England a secondary innovation objective for payment systems, extending its remit to support new digital-money infrastructure while keeping financial stability…
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French Industrial Producer Prices Jump 1.3% in July, Up 4.3% From a Year Earlier
INSEE said French factory-gate prices accelerated in July, led by a sharp rebound in refined petroleum products, while export and import price pressures also strengthened.
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Swedish Floating Mortgage Rates Fall to 2.74% as Housing Loan Growth Picks Up
Statistics Sweden said the average floating rate on new housing-loan agreements slipped to 2.74% in July, while annual housing-loan growth accelerated to 3.4%.
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Dycom Revenue Jumps 46% to Record $2 Billion as Backlog Surges and Fiscal 2027 Outlook Rises
Dycom posted record second-quarter revenue of $2.01 billion and a $12.24 billion backlog as fiber and data-center infrastructure demand helped lift its fiscal 2027 outlook.
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U.S. Durable-Goods Orders Rise 1.1% in July as Transportation Equipment Rebounds
U.S. durable-goods orders rose 1.1% in July as transportation equipment recovered, while orders excluding transportation also posted a smaller gain.
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U.S. Crude Inventories Rise Just 95,000 Barrels as Gasoline and Distillate Stocks Fall Sharply
U.S. commercial crude inventories were nearly unchanged last week, while gasoline and distillate stocks posted sizable draws that left both fuel categories well below seasonal norms.
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Abercrombie Raises 2026 Outlook After Record Q2 Sales as Tariff Refunds Lift Earnings
Abercrombie & Fitch raised its fiscal 2026 earnings and sales outlook after record second-quarter revenue, with about $100 million of tariff refunds providing a large profit benefit.
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U.S. Q2 GDP Growth Holds at 1.5% as Corporate Profits Jump $401 Billion
U.S. economic growth remained at a 1.5% annual rate in the second quarter, while corporate profits surged and a measure of underlying private demand was revised higher.