A sharp decline in mining and energy stocks dragged the Australian sharemarket lower on Friday, shrugging off another strong session on Wall Street.The S&P/ASX 200 Index fell by 0.2 per cent, or 11.4
Nike Shares Fall 7% As the Sportswear Maker Expects First Half of Fiscal 2025 to Be Pressured
Nike warned on Thursday that its revenue in the first half of fiscal 2025 would shrink by a low single-digit percentage as the world's largest sportswear maker scales back on franchises to save costs.