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24 August 2026

Scandal-hit KPMG Australia to cut nearly 400 jobs, warns of difficult market

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Scandal-hit KPMG Australia to cut nearly 400 jobs, warns of difficult market

KPMG Australia said on Monday it plans to cut about 5% of its workforce, mainly in its consulting and business services divisions, affecting 27 partners and around 360 ...

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24 August 2026

Fast-fashion giant Shein aims for $27bn valuation in Hong Kong market debut

Known for selling cheap clothing, the online retailer has seen its value drop sharply from earlier estimates amid scrutiny over its environmental footprint Shein will debut on the Hong Kong stock exchange on 1 September, the fast-fashion retailer said on Monday, in a long-awaited listing that would value the group at close to $27bn. Founded in China and now headquartered in Singapore, the online retailer secured Beijing’s approval last month to make its initial public offering in Hong Kong.

Source: The Guardian WorldOriginal source

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