A major internal reorganization is underway at Apple, triggered by the impending retirement of its longtime COO, Jeff Williams. According to a report from Bloomberg’s Mark Gurman, key divisions…
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37th Annual Conference of the International Papillomavirus Society (IPVC 2025)
The 37th International Papillomavirus Conference (IPVC 2025), organized by the International Papillomavirus Society (IPVS), will be held in Bangkok, Thailand, from October 23–26, 2025. Under the theme “Research toward…
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Australia’s Treasury Wine pauses $130 million buyback, withdraws 2026 earnings forecast
Oct 13 (Reuters) – Australia’s Treasury Wine Estates (TWE.AX) said on Monday it is pausing its A$200 million ($130.02 million) share buyback announced in August and will not be retaining its guidance for EBITS growth in fiscal year 2026, owing to the uncertain outlook in its flagship Penfolds business in China as well as its Treasury Americas portfolios.The country’s largest standalone winemaker had earlier flagged a shift in alcohol consumption behaviour in China as large-scale banqueting gives way to smaller-scale occasions, resulting in slower depletion of its Penfolds stock in the key market.Sign up here.
The firm noted that depletion for its Penfolds business “remains weak relative to plan”, with the firm now no longer retaining its guidance for the same for low to mid double-digit EBITS growth in fiscal 2026 and approximately 15% EBITS growth in fiscal 2027.
Similarly, given the uncertain outlook around trading conditions and expectations, Treasury Wine said it is prudent to pause the buyback until greater clarity is available.
“Several initiatives are now being implemented to mitigate the expected impacts in China in F26, including pursuing opportunities to re-allocate product to select customers in other key markets in a manner that is sustainable and minimises the risk of parallel imports back into the China market,” the winemaker added in its statement.
($1 = 1.5382 Australian dollars)
Reporting by Shivangi Lahiri in Bengaluru; Editing by David and Diane Craft
Our Standards: The Thomson Reuters Trust Principles.
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Fossil teeth reveal clues to why human childhood lasts so long
Humans stand apart from many other primates by taking more time to mature, relying on a supportive network of parents, grandparents, and community members during a long period of childhood.
This extended period of growth has long been considered…
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These “just-enough” Home Assistant automations keep my smart home ticking
It’s hard to understate just how much of an impact Home Assistant has made on my smart home. It’s the dashboard to rule them all that the manufacturers could have made if they’d stop arguing about whether they should use Matter, or HomeKit,…
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Steam New Free Game Is Smashing Player Records, Getting Rave Reviews
Steam users are loving one of this year’s best free games, which is currently sitting on an Overwhelmingly Positive rating.
Overwhelmingly Positive is a hard mark to hit on Steam nowadays so when a game does accomplish it you just know it’s a…
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lenacapavir during pregnancy and lactation
UNAIDS estimates that 120 000 children globally acquired HIV in 2024, with the majority of infections occurring due to vertical transmission in southern Africa. Pregnant and lactating women have high HIV incidence in southern Africa, including…
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Caterpillar to Acquire Australia’s RPM Global for $730 Million
By David Winning
SYDNEY--Mining software company RPM Global said it has agreed to a takeover by U.S. giant Caterpillar that values its equity at some 1.12 billion Australian dollars (US$730 million).
RPM Global said Caterpillar is offering A$5.00 per share in cash. That represents a 33% premium to RPM Global's share price on Aug. 28, just before it announced Caterpillar was interested in acquiring the company.
Denise Johnson, Caterpillar's president of Resource Industries, said RPM Global's software complements its own technologies, especially in areas such as asset management, fleet management and autonomy.
"Together, we have the potential to enhance mine site operations for our customers, unlocking even greater value," Johnson said.
Write to David Winning at david.winning@wsj.com
(END) Dow Jones Newswires
October 12, 2025 17:50 ET (21:50 GMT)
Copyright (c) 2025 Dow Jones & Company, Inc.
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Researchers Finally Identified Where Gluten Reactions Begin : ScienceAlert
For roughly one in every hundred people, even tiny amounts of gluten can trigger severe symptoms and pose serious health risks.
While a domino effect of immunological reactions can be traced back to their genetic roots, multiple contributing…
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