•PVH, owner of Tommy Hilfiger and Calvin Klein, now expects full-year revenue to stay approximately flat, down from previous guidance of a slight increase.
•Agilent Technologies announced a strategic partnership with OpenAI and Boston Consulting Group (BCG) to integrate AI across its products and operations.
•Functional Brands shareholders voted to authorize a reverse stock split, clearing a key condition to close its $142.9 million acquisition of BullionFX.
•Prime Minister Sanae Takaichi approved an additional $19.4 billion spending package to cushion the inflation blow from Middle East energy supply disruptions.
•The package includes a $16 billion reserve fund specifically for controlling energy commodity prices and capping gasoline prices at the pump.
•The additional budget will be financed through the issuance of new deficit-financing bonds.
