German sportswear giant Adidas raised its full-year profit forecast after reporting a record third-quarter operating profit, supported by a US tariff refund and strong full-price sales. The company’s operating profit rose 37% to €1.008 billion from €736 million in the same period last year, according to Reuters on October 20, 2026. Adidas received approximately €200 […]
Accenture Plc, the latest indication that the worsening global economic picture was sapping corporate expenditure on IT services, slashed its annual revenue and profit expectations and announced on Thursday that it will reduce approximately 2.5% of its workforce. Accenture announced that more than half of the 19,000 employees to be lost will be in its […]

