Petrobras Q3 profit rises 34% but misses expectations

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• Stickers and building sets help drive toy sales ahead of Christmas rush

  British consumers are increasingly turning toward traditional, hands-on play as concerns mount over children's screen time and connected technology. Retailers are gearing up for massive holiday demand, buoyed by strong appetite for affordable items as well as an expanding adult customer base. This momentum provides a significant commercial boost to the sector despite persistent household budget constraints across the country.

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• Poundland hopeful for last-minute rescue deal to stave off collapse

  The discount retailer is working against the clock to safeguard 11,000 workers across 600 stores after US owner Gordon Brothers froze £50m in bank accounts. This sudden cash deprivation has left the chain unable to pay wages or suppliers despite claims of recent sales growth. A potential release of interim funding could grant vital breathing space to finalize an emergency transaction.

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• NY-based Daylight, which provides AI-powered managed security, raised an $80M Series B led by Goldman Sachs Alternatives, sources say at a ~$400M valuation (Maria Armental/Wall Street Journal)

  The substantial capital infusion marks a significant milestone for the cybersecurity venture as institutional demand for automated threat protection expands. Backing from a major Wall Street alternative investment arm underscores strong financial sector interest in modern defense platforms. This new capital will support the organization as it scales operations from its New York headquarters.

  1 min read