Nike (NKE) Q1 2026 earnings

Nike (NKE) Q1 2026 earnings

Nike on Tuesday posted surprise sales growth in its fiscal first quarter, but the sneaker giant still has work ahead to execute its turnaround. The company said revenue rose 1% in the three months ended Aug. 31, after previously saying it anticipated sales would fall by a mid-single digit percentage in the period. Still, Nike’s…

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Chinese woman convicted in UK after ‘world’s biggest’ bitcoin seizure

Chinese woman convicted in UK after ‘world’s biggest’ bitcoin seizure

Osmond ChiaBusiness reporter, Singapore and Liv McMahonTechnology reporter Metropolitan Police Zhimin Qian, also known as Yadi Zhang, was convicted on Monday A Chinese national has been convicted following an international fraud investigation which resulted in what’s believed to be the single largest cryptocurrency seizure in the world. The Metropolitan Police says it recovered 61,000 bitcoin…

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Afghanistan sees telecom shutdown as Taliban cut off internet

Afghanistan sees telecom shutdown as Taliban cut off internet

The Taliban government in Afghanistan has imposed a nationwide shutdown of telecommunications, weeks after it began severing fibre-optic internet connections. The country is currently experiencing a “total internet blackout”, internet watchdog Netblocks reports. International news agencies say they have lost contact with offices in the capital Kabul. Mobile internet and satellite TV have also been…

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Hurricane Humberto likely to bring dangerous surf to most of East Coast this week. Maps show its forecast path.

Hurricane Humberto likely to bring dangerous surf to most of East Coast this week. Maps show its forecast path.

Hurricane Humberto is likely to bring dangerous surf to most of the U.S. East Coast and Bermuda this week, the Miami-based National Hurricane Center said, adding that tropical storm conditions are possible in Bermuda on Tuesday. The swells will likely cause “life-threatening surf and rip current conditions,” the center warned. Humberto rapidly strengthened over the…

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