Canva cuts 1,271 roles in operational restructure
Canva announced a major operational restructure impacting 1,271 employees, representing 22% of its total workforce.
Canva announced a major operational restructure impacting 1,271 employees, representing 22% of its total workforce.
City Chic Collective (ASX:CCX) reported a 19.6% jump in comparable full-price store sales for the first 18 weeks of the 2027 financial year.
Abu Dhabi's XRG investment arm agreed to purchase Shell (NYSE:SHEL) out of the North West Shelf gas project for at least US$1.45 billion.
The Reserve Bank of Australia raised the cash rate by 0.25 percentage points to 4.85%.
Sysco (NYSE:SYY) reported fiscal first-quarter 2027 sales of $21.7 billion, up 2.8%, while net earnings increased 10.5% to $526 million.
Chegg (NYSE:CHGG) reported third-quarter 2026 revenue of $46.5 million, down 40% year over year, as its homework-help business continued declining.
Giftify (NASDAQ:GIFT) reported third-quarter 2026 net sales of $22.3 million, up 18.8%, as its operating loss narrowed to $1.6 million.
Xenia Hotels & Resorts (NYSE:XHR) reported third-quarter 2026 revenue of $263.84 million, up 11.6%, as hotel occupancy and room rates increased.
TransAlta (NYSE:TAC) reported third-quarter 2026 net earnings of C$63 million, reversing a C$62 million loss, while reaffirming its full-year outlook.
Waters (NYSE:WAT) reported third-quarter 2026 revenue of $1.767 billion, exceeding its guidance midpoint by $14 million as organic sales increased 9%.
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