SYDNEY--Australian property advertiser REA Group appointed Cameron McIntyre as its new chief executive.
McIntyre last week retired as CEO and managing director of vehicle classifieds provider CAR Group. He will succeed Owen Wilson at News Corp-controlled REA when Wilson retires in November.
"REA has outstanding market leading brands, a talented team, an incredible culture and a lot of growth potential," McIntyre said Monday.
McIntyre spent a total 18 years with CAR and was CFO before taking charge. The company expanded into South Korea and Brazil during his time with the group.
REA, which is Australia's No. 1 property advertiser, announced Wilson's retirement from full-time executive roles earlier this year.
News Corp is the parent company of Dow Jones & Co., publisher of The Wall Street Journal and Dow Jones Newswires.
“Skibidi”, “tradwife” and “delulu” are among the new words to have made this year’s Cambridge Dictionary in a selection that confirms the increasing influence of the TikTok generation on the English language.
For those hoping such that such neologisms would be a passing internet craze, the compilers of the dictionary say they are here to stay.
“Internet culture is changing the English language and the effect is fascinating to observe and capture in the dictionary,” said its lexical programme manager, Colin McIntosh.
“It’s not every day you get to see words like ‘skibidi’ and ‘delulu’ make their way into the Cambridge Dictionary. We only add words where we think they’ll have staying power.”
Older generations and those not on TikTok will have just to get used to words such as skibidi. Children often use it to add emphasis to statements. It became popular thanks to Skibidi Toilet – a viral animated video that began on YouTube featuring human heads protruding from lavatories.
The Cambridge Dictionary defines skibidi as “a word that can have different meanings such as ‘cool’ or ‘bad’, or can be used with no real meaning as a joke’, an example of its use is: ‘What the skibidi are you doing?’”
People older than generation Alpha tend to greet the use of the word with despair . The US writer and artist Lee Escobedo wrote in the Guardian earlier this year: “Skibidi brainrot encapsulates a generation fluent in irony but starved for meaning. This kind of hyper-chaotic media serves as both entertainment and an ambient worldview for young men raised online. Their minds normalise prank-as-expression.”
The tradwife phenomenon, which dates to a least 2020, has also been widely criticised. It refers to socially conservative influencers who celebrate looking after their husbands, children and homes and post about it on TikTok, Instagram and YouTube. The dictionary definition says a tradwife is “especially one who posts on social media”.
Delulu, an abbreviation of delusional, is less controversial, but has become associated with a post-truth world where personal beliefs are more important than reality. Its dictionary entry defines it as “believing things that are not real or true, usually because you choose to”.
Delulu emerged more than 10 years ago as an insult directed at obsessive K-pop followers fans to question their belief that they would date their idols. The term “delulu is the solulu” for manifesting your wishes has been viewed billions of times on TikTok. The phrase “delulu with no solulu” was used earlier this year by Australia’s prime minister, Anthony Albanese, to attack his opponents in parliament.
“Broligarchy”, a term for the tech industry leaders on whose platforms many of these new words are spreading, also makes it into the dictionary.
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Merging “bro” and “oligarchy”, the dictionary says it refers to “a small group of men, especially men owning or involved in a technology business, who are extremely rich and powerful, and who have or want political influence”.
Other new entries in the dictionary include “mouse jiggler”, a post-pandemic device or piece of software used to make it seem as though you are working when you are not.
“Work spouse”, meanwhile, is a phrase for workplace relationships where two people help and trust each other, according to the dictionary.
Revenue: BRL2.6 billion, a 6% decrease compared to the same period in the previous year.
Adjusted EBITDA: BRL210 million with a margin of 8% (7% from traditional business and 10% from MWM).
Net Debt: BRL2.6 billion, corresponding to 2.45 times the adjusted EBITDA in the last 12 months.
Cash Position: BRL1.5 billion at the end of June 2025.
Sales and Production Volumes: Fell by 10%, impacting EBITDA by approximately BRL90 million.
Revenue by Segment: 85% from structural components and manufacturing contracts, 8% from distribution, and 7% from energy and decarbonization.
Financial Expenses: Reduced due to debt repayment of BRL366 million in the first half of the year.
Exchange Rate Variations: Revenue of BRL26 million, with BRL20 million from hedge transactions.
Inventory Reduction: BRL93 million, contributing to greater efficiency in resource use.
New Contracts: Additional annualized revenues of BRL1.4 billion, with higher added value.
Tariff Impact: Products subject to a 50% tariff in the US, with mitigation measures in place.
Generator Set Revenue Growth: 19% year-on-year, driven by a favorable product mix.
Release Date: August 14, 2025
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Tupy SA (BSP:TUPY3) has successfully diversified its revenue streams with new businesses contributing to high growth and profitability potential, particularly in replacement, energy, and decarbonization segments.
The company has implemented a synergy plan expected to yield significant financial gains, with estimated benefits of BRL100 million in 2026 and BRL180 million annually from 2027.
Tupy SA’s global presence and production flexibility across three continents provide a competitive advantage, allowing the company to secure new contracts and mitigate risks associated with tariffs.
The company has achieved a significant improvement in MWM’s operating margin, increasing from 6% to 10%, driven by higher sales volumes and better product mix.
Tupy SA has secured new contracts with an annualized revenue potential of BRL1.4 billion, which are expected to positively impact margins due to higher value-added services.
Sales and production volumes fell by 10%, impacting margins due to lower dilution of fixed costs, resulting in a BRL90 million impact on EBITDA.
The company faces challenges from a slowdown in economic activity in the United States and high interest rates, affecting demand in the transportation sector.
Tupy SA’s revenues decreased by 6% compared to the same period in the previous year, with significant declines in the commercial vehicle segment.
The company is subject to a 50% tariff on products exported from Brazil to the United States, which could impact future earnings if not mitigated.
The restructuring process involves a reduction of 25% in installed capacity, which may incur layoff costs and requires careful management to optimize plant occupancy and efficiency.
Q: Will there be any layoff costs associated with the 25% reduction in installed capacity, and how will this affect margins? A: Rafael Lucchesi, CEO, explained that the capacity adjustment is part of their strategy to enhance resilience and competitiveness. Toni Bueno, Vice President of Procurement and Logistics, added that increasing plant occupancy from 65% to 80% will naturally favor margins. Rodrigo Perico, CFO, noted that MWM’s margin has improved significantly, with further room for enhancement through restructuring and brand repositioning.
Q: Can you clarify the expected EBITDA margin improvement from the restructuring process? A: Toni Bueno stated that the restructuring will add 2 percentage points to the EBITDA margin by the end of 2026, focusing on efficiency improvements. The target occupancy rate is 80%, allowing flexibility for future demand changes. Gueitiro Matsuo Genso, Vice President of New Business and Innovation, highlighted that new contracts starting in 2026 will utilize this capacity.
Q: How will the plant reorganization affect capacity distribution between Mexico, Portugal, and Brazil? A: Ricardo Fioramonte, Vice President of Sales, mentioned that the reorganization aims for 80% capacity optimization, considering new projects and current low demand levels. Rodrigo Perico emphasized that cash generation will improve with increased sales and efficient capital allocation. Toni Bueno added that the flexible design allows for quick adaptation to market changes.
Q: What is the outlook for the US truck market, and how does it impact Tupy? A: Ricardo Fioramonte noted that the US truck market is expected to remain low in the short term, but pent-up demand will likely lead to a significant recovery in 2026. Rafael Lucchesi added that the US GDP growth slowdown and reduced commercial vehicle activity impact Tupy, but a recovery is anticipated.
Q: How are tariffs affecting Tupy’s operations and customer relationships? A: Ricardo Fioramonte explained that most exports to the US are subject to a 50% tariff, with a strategic shift to Mexico to mitigate impacts. Gueitiro Matsuo Genso highlighted that new contracts, worth over BRL1 billion, are designed to leverage Tupy’s global footprint and add value, supporting a return to historical margins.
For the complete transcript of the earnings call, please refer to the full earnings call transcript.
Global Leader in Human-First Recruiting Introduces New Innovations to Help Overwhelmed Recruiting Teams Hire More Efficiently
NEW YORK, Aug. 17, 2025 (GLOBE NEWSWIRE) — PageUp, a global leader in talent acquisition software, today announced the launch of advanced AI features across its recruitment marketing platform, PageUp Clinch, and its Applicant Tracking System (PageUp ATS). PageUp’s mid-year product release is designed to solve the biggest challenges in today’s hiring market: overwhelming application volumes and the critical need for speed, without sacrificing a personal touch.
“Today’s recruiters are heroes, but they’re buried in repetitive tasks,” said Eric Lochner, CEO of PageUp. “Our goal with this release is to give them superpowers. By embedding intelligence directly into their workflow, we’re not just automating processes; we’re giving them back their most valuable resource: time to build meaningful connections with candidates. That’s how to win in today’s talent landscape.”
New Updates to Clinch Recruitment Marketing Suite
Designed to attract and engage job candidates, the new AI-powered features in PageUp Clinch reduce the need for manual follow-up and improve conversion by enhancing the candidate experience with more meaningful engagement points and next steps.
AI-Driven Page Building: Predictive insights and heatmaps, based on proprietary behavioral data, help talent acquisition teams create high-impact career pages without lengthy trial and error, attracting more of the right talent.
AI Chatbot: PageUp’s intuitive chatbot enables job seekers to register for talent networks, conduct job searches using conversational queries and initiate job applications directly within the chat. This self-service approach ensures no opportunity is missed while providing a smooth, supportive candidate journey.
Candidate Summarization: AI-generated summaries highlighting key experience and skills, enabling recruiters to quickly and confidently shortlist candidates.
Smart Send Assist: AI analyzes each candidate’s engagement patterns to deliver emails when they are most likely to be opened. By adapting to unique behaviors, this feature increases candidate engagement, improves response rates and reduces the need for repeated follow-ups.
New Features in PageUp Applicant Tracking System
Built to fast-track time-to-hire, the latest AI-powered updates to PageUp’s ATS support hiring manager collaboration and ensure fair, informed decision-making throughout the screening and selection process.
AI Resume Summarization: With recruiting teams facing hundreds of resumes and limited time, critical details are easily overlooked. Similar to the PageUp Clinch Candidate Summarization, this new enhancement delivers clear, automated summaries to review candidates quickly, consistently and confidently without sacrificing quality.
AI Content Assistance: Quickly polish recruiter communications by adjusting tone, expanding text or improving clarity, saving valuable time while delivering clear, results-oriented communiques.
AI Interview Guide: Generate job-specific questions based on available context, such as the job description and recruitment briefs, leading to more structured, personalized and effective interviews.
PageUp’s mid-year release is now being rolled out to customers globally. With this update, PageUp empowers recruiting teams with more control over their time, stronger confidence in their decisions and more opportunities to deliver meaningful candidate experiences at scale.
To see how PageUp elevates hiring results, visit pageuppeople.com to request a demo.
About PageUp
PageUp believes the most powerful talent acquisition technology is built on one simple principle: human connection. As the chosen talent acquisition partner for the world’s most trusted brands, PageUp delivers a world-class customer experience by building deep, lasting partnerships. This commitment is reflected in PageUp’s intelligent talent acquisition platform, an intuitive, AI-powered system that’s easy to use, adaptable to an organization’s unique hiring needs, and always innovating. PageUp strips away complexity so talent teams can focus on what matters – creating the strong, human connections that forge a resilient workforce.
For more information, visit www.pageuppeople.com.
CONTACT: Note to editors: Trademarks and registered trademarks referenced herein remain the property of their respective owners. Media Contact: Anush Alexander anush.alexander@pageuppeople.com
(Bloomberg) — Asian markets are set for a tepid start ahead of talks between Donald Trump and Volodymyr Zelenskiy, after the US-Russia summit on the Ukraine war ended without a ceasefire.
US equity futures contracts were little changed in early trading after the S&P 500 Index closed lower on Friday, while the dollar held in a narrow range against major peers.
Oil dipped as Trump refrained from imposing additional tariffs on China over purchases of Russian energy. Before meeting Vladimir Putin, Trump told allies a ceasefire was his main demand and threatened to walk out and impose tough measures on Moscow and its oil buyers if it wasn’t met. By Friday, he signaled no rush to enforce penalties.
Traders now await a meeting between Trump and Ukraine counterpart Zelenskiy later Monday as details from the US-Russia talks remain scarce.
With expectations already low heading into the summit, market reaction is likely to be mild “as a lot still rests on Ukraine’s willingness to accept the terms from Russia,” said Jordan Rochester, Head Of Macro Strategy For EMEA at Mizuho Corp. “But hope is a powerful thing and this outcome will keep the slow grind of higher risk sentiment alive and well.”
Asian equity futures suggest the region’s benchmark gauges may slip when trading resumes, tracking US stocks which fell from an all-time high on Friday. Data showed US consumer sentiment deteriorated for the first time since April and inflation expectations rose.
This week, traders will be watching Japanese inflation data for guidance on whether the Bank of Japan will hike rates again this year. China’s loan prime rates will also be in focus amid expectations of more stimulus from Beijing to weather Trump’s trade war.
In New Zealand, the Reserve Bank is also expected to ease policy, with markets focused on any guidance toward additional cuts to prop up the economy.
“We expect a cut and a lower track, but there is a risk that the track disappoints markets,” ANZ Group Holdings Ltd. economists including Sharon Zollner wrote in a note to clients. “We may also see dissent and a split vote, which could be a source of near-term upside risk for interest rates.”
Elsewhere, the UK and Eurozone are expected to release inflation data while a growth reading in Germany is due. Traders will also be positioning ahead of the Federal Reserve’s annual retreat at Jackson Hole with Chairman Jerome Powell’s speech keenly watched for guidance on a September rate cut after recent US data.
“The Fed will agonize about the labor market data, the level of unemployment, inflation and all that, but they will still cut rates,” Kit Juckes, head of foreign exchange strategy at Societe Generale, wrote in a note to clients.
Some of the main moves in markets:
Stocks
S&P 500 futures were little changed as of 7:31 a.m. Tokyo time Currencies
The euro was little changed at $1.1712 The Japanese yen was little changed at 147.18 per dollar The offshore yuan was little changed at 7.1882 per dollar The Australian dollar was little changed at $0.6511 Cryptocurrencies
Bitcoin rose 0.2% to $117,871.01 Ether rose 0.7% to $4,503.6 Commodities
West Texas Intermediate crude fell 0.2% to $62.70 a barrel Spot gold was little changed
Micron Technology, Inc. (NASDAQ:MU) is one of the Must-Watch AI Stocks on Wall Street. On August 13, Wells Fargo expressed optimism about the stock stating that it is confident in MU’s “ability to achieve / sustain its low / mid-20% HBM market share target in 2H25”.
The firm considers Micron’s HBM4E logic die customization to be a key differentiator, creating a “very different business model” where key customers would work with only one or two HBM suppliers on custom solutions.
“We remain confident in MU’s ability to achieve / sustain its low / mid-20% HBM market share target in 2H25. We would re-highlight MU’s on HBM4E logic die customization as driving a very different business model; believing that key customers would likely work w/ only 1 or 2 HBM suppliers on these custom solutions. HBM4E looks to be a 2027+ story. MU also pointed out its favorable position of utilizing its very mature 1b DRAM process node w/ HBM4, while others (Samsung) are moving to a 1c process.”
Micron Technology, Inc. (NASDAQ:MU) develops and sells memory and storage products for data centers, mobile devices, and various industries worldwide.
While we acknowledge the potential of MU as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: 10 Buzzing AI Stocks on Wall Street and 10 AI Stocks Making Headlines This Week.
(Reuters) -National Australia Bank reported a slight increase in its cash earnings for the third-quarter on Monday, helped by improved margins and growth in business and home lending.
The Reserve Bank of Australia has cut interest rates by 75 basis points so far this year, delivering the latest reduction last week while signalling further easing.
The lower interest rate environment has supported bank lending margins, aided by higher lending volumes and improved asset quality.
NAB said its net interest margin – a closely-watched measure of bank performance which compares interest payments received on loans minus interest paid out to deposit holders – increased by 8 basis points compared with the quarterly average of the first half.
The country’s top business lender posted cash earnings of A$1.77 billion ($1.15 billion) for the quarter ended June 30, compared with A$1.75 billion a year ago.
($1 = 1.5363 Australian dollars)
(Reporting by Himanshi Akhand and Roshan Thomas in Bengaluru; editing by Diane Craft)
Good morning, it’s Carmeli in Sydney here to bring you all the latest news to start your week.
Today’s must-reads:
Battery investors are piling into Australia, chasing profits from the world’s most volatile power market by deploying storage that buys low and sells high. Australia this month overtook the UK to become the world’s third-largest market for big batteries by installed capacity, after the US and China, according to Rystad Energy. That growth is set to continue.
