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UK supermarket Asda has been struggling with falling sales, low customer satisfaction, and lost market share as discounters and rivals outperform it. The retailer’s turnaround plan—including major price cuts and leadership changes—faces setbacks from IT problems, debt pressures, and customer concerns, making revival an uphill battle.
On January 26, 2026, gold rates in India stayed elevated. In major cities, 22-carat gold was around ₹1,60,000 per 10 g and 24-carat hovered near ₹147,000 per 10 g, with slight differences across locations. Prices reflect steady bullion demand amid wider market trends.
The Bank of Korea disclosed that it sold a net $1.745 billion in foreign currency during the third quarter as part of its market intervention efforts. The move aimed to curb excessive volatility in the won amid global uncertainty and shifting capital flows.
Lululemon announced that CEO Calvin McDonald will step down on January 31, 2026, after nearly seven years in charge, as the athletic-wear brand faces softer U.S. sales and stiff competition. Interim co-CEOs are in place while the board begins its search for a permanent successor.
U.S. stocks hit fresh record highs as traders move money away from tech and toward other thriving sectors. With confidence rising and portfolios rotating, the broader market is gaining new strength—signaling a powerful finish to the year.
