The news, anew
Jewellery maker Pandora edged higher its near-term revenue and profitability targets on Wednesday, saying it expected a boost in demand from new collections and a shift to platinum-plated products. Its Copenhagen-listed shares opened up 8% and by 0830 GMT were 6.7% higher, outperforming a flat pan-European STOXX index.
Business
Australian graphic design platform Canva Group said on Wednesday that a restructuring would affect 1,271 jobs, or around 22% of its workforce, after growth slowed for the first time in a decade. The Sydney-based company is the latest technology firm to reduce headcount as the sector adapts to rapid advances in AI and changing business needs. Co-founder and CEO Melanie Perkins said the changes would reshape Canva's organizational structure, team locations and staffing requirements.
Business
Activity in Dubai's non-oil private sector hit eight-month high last month
Business
Jaywan supports debit and prepaid cards, allowing users to make purchases at participating outlets, shop online and access other payment services
