Business
Uflex shares surge 16% after Q1 profit zooms 630% YoY
The company’s revenue from operations rose 37.6% YoY to Rs 5,366 crore in the quarter ended June 30, 2026, as compared to Rs 3,900.6 crore in the corresponding quarter of the previous year, according to a regulatory filing on the BSE.
EBITDA jumped 92.1% YoY to Rs 919.8 crore in this quarter, from Rs 478.8 crore in Q1 FY26. The EBITDA margin stood at 17%, which is the highest EBITDA level for the company in the last 21 quarters, as per the filing.
UFlex’s domestic Packaging Film sales volume increased by 9.1% sequentially in its India operations, as customers gradually resumed purchases after the price hikes in Q4 FY26. The price hike was driven by the pass-through agreement that allows higher raw material prices linked to higher price realisation, according to the company’s statement.
The war crisis will continue to result in controlled supply of raw materials for manufacturing Packaging Films across Asia, as per the statement, which will help in lowering imports of Packaging Films and higher price realisation in India, especially for BOPET in FY27.
UFlex’s presence of plants in three key markets i.e. Egypt, Dubai and Nigeria, and captive production of PET Chips helped in capturing the benefits of strong local and regional demand especially in Egypt, while Nigeria benefitted from additional traction in export markets. There was a surge in demand for both BOPET and BOPP Films across the MEA region as reflected in the sales volume growth of 14.9% YoY in Q1 FY27.
As per the company’s statement, the local packaging converters prioritize sourcing from local/regional Packaging Film makers to overcome the uncertainties of supply-chain disruptions, higher sea-freight costs, and inaccessibility to key ports due to the West-Asia crisis.
What management said
Chairman and MD Ashok Chaturvedi said, “We have started FY27 with robust financial and operational performance. Our diversified portfolio, integrated capabilities and strong presence across key global markets continue to strengthen our competitiveness.” He further stated that the company witnessed strong performance in its core packaging business, supported by improved volumes, higher capacity utilization and enhanced operating efficiencies across key markets.
“Growth was driven by operating leverage, stronger realizations, improved product mix and forex gains, reflecting the benefits of our integrated global footprint.” said CFO Arun Kumar Sharma. “We enter FY27 with multiple growth levers gaining traction. The recently commissioned 39,600 MTPA recycling facility in Noida Sector 155 and the 80-million-unit WPP bags facility in Mexico will progressively contribute to revenue and EBITDA as they ramp up.” the President for Finance & Accounts stated.
“Higher utilization led by localized sourcing to de-risk the unscheduled supply chain disruption and a shift towards value-added packaging films will remain the company’s key growth themes, supporting sustained profitable growth,” he said, adding that while Q2 is expected to see some normalization from the exceptionally strong realisation in Q1, the company’s underlying growth trajectory remains intact, positioning it for robust FY27 growth and continued improvement in earnings quality.
Business
'Learn from our culture mistakes': UK Defence minister to WA
Britain’s Defence Readiness and Industry Minister used a visit to Perth to encourage Anthony Albanese and Roger Cook to learn from mistakes made in ensuring the community backed large-scale defence projects like the Henderson Precinct.
Business
C Restaurant confirms closure date
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Business
Business Daily – Are you a job hugger? Why workers are staying put
Available for over a year
As economic uncertainty continues, many workers are becoming more cautious about taking the next step in their careers. Vishala Sri-Pathma examines who’s staying put and why.
Presenter/producer: Vishala Sri-Pathma
You can email the team: businessdaily@bbc.co.uk
Business
Does Hayden Panettiere Have Kids? What to Know About Her Daughter Kaya Klitschko After Her Sudden Death
Following the death of actress Hayden Panettiere at age 36, many fans have been asking whether the “Heroes” and “Nashville” star had children. The answer is yes: Panettiere is the mother of one daughter, Kaya Evdokia Klitschko, whom she shares with her former partner, Ukrainian professional boxer Wladimir Klitschko.
Kaya was born in December 2014, and her arrival came during a period when Panettiere and Klitschko, a former heavyweight boxing champion, were together as a couple. The two had been in a long-term relationship before eventually separating, and Kaya has remained primarily in her father’s care in the years since.
Panettiere has spoken publicly and candidly over the years about the extraordinarily difficult period surrounding her daughter’s birth and the months that followed. She has described experiencing severe postpartum depression after Kaya was born, a condition she said profoundly affected her ability to care for herself and her newborn daughter during that time. In interviews and in her recently published memoir, Panettiere detailed how those struggles, combined with a broader battle with substance use, ultimately shaped one of the most painful decisions of her life.
In 2018, when Kaya was 7 years old, Panettiere made the decision to relinquish custody of her daughter to Klitschko. Panettiere has described the choice as devastating, reflecting years later on just how difficult it had been to formalize that arrangement. “I mean it was the worst signing those papers and like the most heartbreaking thing I’ve ever, ever had to do in my life,” Panettiere said in a 2022 interview, looking back on the decision.
Despite no longer serving as Kaya’s primary caregiver, Panettiere continued to speak about her daughter publicly in the years that followed, and she remained candid about the complicated emotions tied to co-parenting from a distance while continuing her own recovery journey. Her openness about the custody decision became a significant part of the broader public narrative surrounding her personal struggles, alongside her disclosures about addiction and mental health.
Panettiere’s memoir, “This Is Me: A Reckoning,” published in May of this year, offered an extensive and intimate account of the years surrounding Kaya’s birth and the custody decision that followed. According to a publisher’s synopsis of the book, the memoir provided what was described as a rare and intimate glimpse into Panettiere’s life behind closed doors, addressing her experiences with postpartum depression, addiction and recovery, trauma, domestic abuse and loss. The book arrived just months before Panettiere’s own death, adding renewed public attention to the personal history she had chosen to share.
Panettiere’s relationship with Klitschko, who won multiple heavyweight boxing titles during his career and remains one of the most recognizable figures in the sport’s history, had drawn significant media attention throughout its duration, in part due to the high profile of both partners. Following their separation, Klitschko has continued raising Kaya, now 11 years old, with the two maintaining a life largely outside the public spotlight in the years since Panettiere stepped back from an active caregiving role.
News of Panettiere’s death broke Sunday, when her representative confirmed the news to ABC News, and her father, Skip Panettiere, released a statement describing his daughter as “an incredible light and a force of nature” to everyone who knew her and to the millions who had watched her on screen throughout her career. The statement did not address Kaya directly, and the family asked for privacy as they process the loss.
Authorities in Greenville, South Carolina, where Panettiere was found unresponsive at an apartment complex Sunday afternoon, have said their preliminary investigation has not indicated any signs of foul play or suspicious circumstances, though the specific cause of her death has not yet been publicly released by the Greenville County Coroner’s Office. As of this report, no additional statements have been made regarding Kaya or how the young girl and her father are processing the sudden loss of her mother.
Beyond her role as a mother, Panettiere built an extensive career in both television and film that began in early childhood. She rose to widespread fame playing Claire Bennet, an indestructible cheerleader, on NBC’s science-fiction series “Heroes,” before later starring as country music singer Juliette Barnes on the ABC and CMT drama “Nashville,” a role that earned her two Golden Globe nominations. Her film career included roles in “Remember the Titans,” the “Scream” horror franchise, and voice work in Disney and Pixar animated features, among numerous other credits spanning nearly three decades.
Panettiere’s openness in recent years about the difficulties of early motherhood, including her postpartum depression diagnosis and her subsequent decision to give up custody of Kaya, was frequently cited by mental health advocates as a valuable contribution to broader public conversations about the often-hidden struggles new mothers can face, particularly public figures navigating those challenges under intense media scrutiny. Her willingness to discuss those experiences candidly, both in interviews and in her memoir, was widely credited with helping normalize conversations around postpartum mental health difficulties that many parents experience but few discuss as openly as she did.
As tributes to Panettiere continue to circulate following her death, much of the public reflection on her life has centered not only on her professional accomplishments but also on the personal journey she shared so openly with the public, including her relationship with her daughter and the profound emotional weight of the choices she made during one of the most difficult periods of her life. Kaya’s current circumstances following her mother’s death have not been publicly detailed, and representatives for the family have not indicated whether further statements addressing Kaya specifically will be issued in the coming days.
Business
Is Miami costlier than NYC? Why developers say the math favors Florida
PMG managing partner Ryan Shear and Naftali Group EVP Danielle Naftali speak to Fox News Digital about why South Florida real estate outperforms NYC, accelerating corporate relocations, and how zero state income tax fuels long-term growth.
While recent economic data suggests South Florida has lost its cost advantage over New York, top real estate developers argue the numbers fail to tell the full story.
Key executives behind major residential skyscrapers in Manhattan and Miami argue South Florida is playing long-overdue catch-up after decades of underpriced real estate, while still offering buyers significantly more long-term value.
“Miami has earned a seat as one of the greatest cities in the world,” Naftali Group EVP of marketing, sales and design Danielle Naftali told Fox News Digital. “As people have migrated down here, [and] made it a location that people are living permanently, obviously, things have become a bit more expensive… world-class restaurants opening here, the most amazing cultural institutions, entertainment, hospitality groups — everything that people really experience in major cities around the world. And, you know, those truly go hand in hand.”
“Globally, Miami was playing catch-up to New York for long periods of time, and you can do this by price per square foot, you can do it by total dollars, what they sell for, but Miami used to trade at — as a local myself — I almost thought it was weird how inexpensive the real estate was here comparatively to cities like New York or London or LA,” PMG managing director Ryan Shear also told Fox Digital.
FLORIDA NAMES N.Y.C. MAYOR ZOHRAN MAMDANI ‘ECONOMIC DEVELOPER OF THE YEAR’ IN TIMES SQUARE CAMPAIGN
“A lot of people have moved down here, not just people, but companies and a lot of high-profile people, and you’re seeing big headlines about big trades and big sales and that’s true and that is great for the city. I don’t think it tells the whole story. I think Miami is still a value city,” he added. “I still think it’s a bargain play down here.”

A view of Miami’s skyline and Biscayne Bay. (Getty Images)
A recent Bloomberg analysis of U.S. Bureau of Economic Analysis data found that the overall cost of living in the Miami-Fort Lauderdale-West Palm Beach metropolitan area has surpassed that of greater New York. The analysis separately found that housing costs in South Florida are roughly 5% higher than in New York and its suburbs. Additionally, consumer prices in South Florida have risen 36% since 2019, according to the U.S. Bureau of Labor Statistics, representing the second-highest inflation surge among major American markets, trailing only Tampa.
South Florida home prices have jumped 79% since the pandemic, according to S&P CoreLogic Case-Shiller data, while Florida’s average annual homeowners insurance premium stands at $8,292, roughly four times the average in New York state, according to Insurify.
“There’s definitely a price gap that has changed. But what we see ultimately is that buyers are less sensitive to the price per square foot as the buyers have become more sophisticated,” Naftali countered. “We see our buyers thinking about everything from lifestyle, services and amenities, finished pallets, and really the best quality. So this is something that people are really willing to pay that premium.”
Former Miami Mayor Francis Suarez discusses Miami’s 36% consumer price index hike since 2019, making it pricier than NYC. He addresses housing affordability for the middle class and Cuba’s impending collapse.
“Anyone that’s buying in our development today will be able to see their appreciation over the next five to ten years,” she said.
Beyond homebuyer costs, developers also face nationwide borrowing and insurance pressures. However, Shear emphasized that constructing a high-rise in Florida remains vastly more accessible than doing so in New York.
“It is still less expensive to build in Florida than New York. And not by a little, by like a decent, significant amount,” Shear said. “Debt in Florida is the same as debt in Texas… Banks lend nationally and globally. So it’s still affordable to build in Florida.”
“Everything’s relative. You know, we’re relative to the world we live in. So, relative is South Florida trading at faster paces, absorption greater than what we see in a lot of markets… It’s not a Miami thing. I think Florida in general is having a very good moment. And it’s been going on for a while, and I don’t think it’s stopping,” Shear said.

The Manhattan skyline is seen at sunrise from the 86th floor observatory of the Empire State Building on April 3, 2021, in New York City. (Getty Images)
Florida remains one of nine U.S. states with no individual income tax, whereas top earners in New York City face combined state and local income tax rates of nearly 14.8%. ATTOM data show Miami-area property taxes have jumped 62% since 2019. Florida voters, meanwhile, will consider a constitutional amendment in November that would exempt the first $250,000 of a homestead’s value from property taxes other than school district levies.
“There is definitely still tax incentive to Florida. That’s very obvious. What we see, though, especially in the luxury sector, is that global luxury buyers, it’s not that they’re either going to New York or either going to Florida. Most of those buyers have a home in both locations. So there’s definitely a tax benefit to being in Florida, without a doubt,” Naftali said.
“It’s just math. The effective tax rate, I believe, in New York, if you’re in the top tax bracket, is somewhere between 50 and 55%, depending on what borough and so forth. There’s no state income tax and there’s no city tax here. So the top tax bracket is set by the federal government, that’s it. That’s the math. If anybody would tell you different, it’s not an opinion, that just factually is the truth,” Shear argued.
“I think people have finally figured out that like living in Florida may just be a better life that they want, and that’s invaluable.”
“I’ve read countless articles saying how real estate taxes are going through the roof. Well, it’s not the real estate tax going through the roof. There’s just more expensive real estate. It’s not that the tax rate is changing,” he continued. “But if you want to go to city that’s checking all these boxes that somebody’s looking for — massive growth, massive job[s], large population, high rises and so forth — I think it’s impossible to find one. So again, to the point of relativity, it’s all relative to the next option. I think as an option, it does not get better than South Florida.”
U.S. Census Bureau figures show the Miami-Fort Lauderdale-West Palm Beach metro area’s median household income was $80,625 in 2024, about $1,000 below the national median of $81,604. The developers also pointed to infrastructure, permitting and school expansion as efforts to accommodate future population growth across South Florida.
While local median incomes may lag national benchmarks, Shear noted the region’s economic engine is fundamentally changing as major employers relocate their corporate headquarters, rather than just opening small satellite branches.
Florida Chamber of Commerce CEO Mark Wilson speaks with Fox News Digital about the intention behind a new Times Square ad targeting Zohran Mamdani as businesses and wealth flee New York for Florida.
“It’s not just the people that are moving down here. People are moving their companies down here,” Shear explained, noting that PMG shifted its primary headquarters from New York to Miami. “We’ve reached a tipping point where you’re seeing companies… that are planting their flag in Miami and building companies or taking their existing company and moving them to Miami.”
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“I think specifically in Miami, people will continue to move down here. As we said, this is no longer a seasonal location, right? You have everything here,” Naftali said. “It’s a continuous progression. So when you talk about the next five years, it’s only going to continue to get better. So if you’re able to get in now and invest in a new development down here, I think it’s a great investment opportunity.”
“Ask people, where do you want to spend the rest of your life?” Shear said. “Not everything’s about price per square foot, and I still think it’s a value play down here, but I think it is about a lot more down in Florida… Work hours, quality of life, weather, state income tax, restaurants, who’s down here. I mean, Miami’s culture now is incredible… how lucky are we to experience the world’s cultures in one city? Fundamentally, people are moving down here and still are continuing to, not just because you save on taxes or there’s good sun. I think people have finally figured out that living in Florida may just be a better life that they want, and that’s invaluable.”
Business
CIO Weekly: Japan – Intervention Adds To Policy Pressure
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Business
Oil Prices Mixed as Middle East Supply Risks Persist
Oil prices were mixed in early trading, with WTI futures down 0.4% at $82.06 a barrel while Brent futures rose 0.3% to $88.81.
Prices remain supported by renewed fighting in Lebanon and attacks on vessels in the Strait of Hormuz, which are raising concerns over regional supply disruptions and complicating prospects for a U.S.-Iran deal, analysts at ING said.
Speculative positioning has also turned more bullish, with money managers increasing their net long position in ICE Brent by 76,026 lots to 240,748 lots, the largest bullish position since early June, according to ING.
Business
Robbie Williams Reveals Autism Diagnosis, Says It’s Now His ‘Get-Out-of-Jail-Free Card’ for His Quirks
LONDON — Singer Robbie Williams has revealed that he was recently diagnosed with autism, telling fans the discovery has helped him make sense of aspects of his personality and behavior that had puzzled him for years, even as he acknowledged already living with ADHD.
The 52-year-old former Take That frontman shared the news during a question-and-answer session at the Autumn/Winter launch of his clothing line, Hopeium, at Flannels in London on Aug. 13. Speaking candidly to attendees, Williams described the diagnosis in blunt terms. “I have ADHD and I just found out I have a bit of autism as well, which I actually f****** love because it explains so much,” Williams said.
Williams went on to joke about how the new diagnosis has already begun shaping the way he explains his own behavior to those around him. “It is my get-out-of-jail-free card now, and all the weird s*** that I do I just say, ‘Sorry, I’m autistic,’” he told the crowd.
The singer, who first disclosed his ADHD diagnosis in 2023, used the London event to offer a more detailed picture of how the condition affects his daily life and creative process. He described an intense, singular focus that ADHD allows him to bring to certain tasks, contrasted against significant difficulty engaging with other responsibilities. “With the ADHD you can completely and utterly concentrate on something 1000 per cent, but with absolutely everything else, you just cannot do it. Ask my kids,” Williams said.
Williams explained that he leans heavily on creative work as a way of managing anxiety and the intrusive thoughts that can otherwise dominate his attention. “What I’m completely and utterly obsessed with is creating images and making funny things,” he said. “If I’m creating images and funny things, I’m not thinking about me, because my brain is incredibly creative, and it can be creative about everything in the world that you panic or scared about.”
To illustrate the nature of those intrusive thoughts, Williams offered a specific and unusual example from a recent flight. “For example, this is how crazy I am, recently I was sitting on a plane, and I thought, ‘what if I can have telekinesis and my intrusive thoughts tell the plane to crash itself,’” he said. He described the anecdote as representative of a broader pattern he has learned to manage by redirecting his focus toward creative outlets rather than allowing such thoughts to spiral further. “So that’s the kind of level of insanity that I’m dealing with,” he said. “It’s best to train my brain to do something better than worrying about having supernatural powers and crashing a plane.”
Monday’s revelation builds on a broader, yearslong pattern of Williams speaking openly about his mental health, a subject he has addressed repeatedly throughout a solo career that began in 1997 following his departure from Take That. In October of last year, Williams disclosed that he had also been diagnosed with Tourette syndrome, a neurological condition that can cause involuntary tics, describing his own experience of the condition as manifesting primarily through what he called “inside Tourette’s.” Speaking to comedian Paul Whitehouse and researcher Dr. Mine Conkbayir for their podcast “I’m ADHD! No You’re Not,” Williams explained the concept in his own terms, describing the phenomenon as intrusive thoughts rather than the more commonly recognized physical tics associated with the condition.
Notably, Williams’ path toward his current autism diagnosis was not straightforward. During that same 2025 podcast appearance, he revealed that an earlier online autism screening test had not classified him as autistic, though it had identified certain traits associated with the condition, particularly around social interaction. “It turns out I’m not [autistic], but I’ve got autistic traits. And it’s around, social stuff, it’s about interaction,” he said at the time. When pressed by Conkbayir about why he remained convinced he might still be autistic despite the test result, Williams explained that obtaining an official diagnosis would offer him a clearer understanding of longstanding personal struggles. He said a formal diagnosis would help him gain “understanding of why I feel so uncomfortable in my skin,” adding that his sense of comfort was largely confined to very specific circumstances. “When I’m in bed, that’s my comfort zone. Anywhere outside of that bed is my discomfort zone,” he said at the time, while noting that the situation had been gradually improving.
That same conversation offered insight into the gap Williams has said exists between his public persona and his private experience of anxiety and self-doubt. He described himself as highly skilled at concealing his internal struggles behind a more confident public image. “I’m an Olympian at masking,” he said, explaining that he had learned over the course of his career to project confidence, bravado and even smugness, qualities he acknowledged had proven commercially valuable throughout his decades as a performer, even as they masked a very different internal experience.
Williams has built one of the most enduring solo careers in British pop music since leaving Take That in the mid-1990s, releasing more than a dozen studio albums, including his most recent release, “Britpop,” which arrived in January. Throughout that career, he has periodically opened up about mental health struggles including anxiety and depression, gradually building a public record of candor about conditions that he has said significantly shape both his creative process and his day-to-day life.
The National Health Service in the United Kingdom defines autism as a difference in how a person’s brain develops that affects how they see and experience the world, noting that the condition can influence communication, thinking, learning and attention. Autistic individuals are also more likely to experience certain co-occurring conditions, according to NHS guidance on the subject, a pattern broadly consistent with Williams’ own disclosure of both ADHD and autism alongside his previously reported experience with Tourette syndrome.
As of this report, Williams has not indicated whether he plans to speak further publicly about his autism diagnosis or how it may influence his approach to future creative projects, live performances or public appearances, though his history of openly discussing his mental health suggests the subject is likely to come up again as he continues promoting his music and other ventures, including his Hopeium clothing brand.
Business
How ASUS NUC Helps Philippine BPOs Save Space, Energy, And IT Costs
In today’s fast-paced BPO industry, workstation efficiency plays a critical role in maintaining service quality, improving agent productivity, and managing operational costs. As organizations continue to scale, traditional desktop environments often become more difficult and expensive to maintain due to their larger footprint, higher power consumption, and deployment complexity.
Modern BPOs require workstation solutions that are compact, reliable, scalable, and built for long-term business operations.
The combination of the ASUS NUC 16 Pro and ASUS VA249HG delivers a smarter and more efficient alternative to traditional desktop setups for modern BPO environments.
ASUS NUCs deliver enterprise-grade reliability with MIL-STD-tested durability and an RMA rate of less than 1%, helping reduce unexpected hardware failures, minimize service interruptions, and lower the operational burden on IT teams managing large workstation fleets.
Compared to traditional desktop setups, organizations can reduce electricity consumption by up to 48%. With typical power usage ranging from only 60W to 120W, ASUS NUCs are designed for energy-efficient operations, making them an ideal solution for businesses where electricity is a major operational expense—especially BPO environments running 24/7 at scale. Through lower power consumption and operational efficiency, companies can potentially save up to PHP 1.4 million in operating costs.
With its ultra-compact 4×4 form factor, ASUS NUCs help maximize workspace efficiency, allowing BPO operators to optimize office layouts and accommodate more workstations within the same floor area. Compared to traditional tower desktops, ASUS NUCs can save up to 80% more space without compromising performance. The ultra-compact ASUS NUC 16 Pro is designed to maximize every square meter of the production floor while delivering enterprise-ready performance for demanding business environments.
Paired with the ASUS VA249HG monitor, the latest ASUS NUC 16 Pro provides BPO companies with a smarter, more scalable workstation solution built for modern operations.
Beyond performance and space efficiency, the ASUS NUC 16 Pro is built with business- focused features designed to support modern BPO and enterprise environments.
Equipped with dual LAN ports, it provides stable and reliable network connectivity for mission-critical operations. This allows IT teams to implement dedicated network configurations and redundancy support that can help minimize potential network interruptions in customer-facing environments.
Its compact and versatile design also simplifies large-scale deployment, enabling faster installation, easier maintenance, and more efficient workstation management across multiple office locations. For businesses expanding operations, the lightweight form factor helps reduce logistical complexity compared to traditional desktop towers.
Complementing these advantages is Power Sync support with the ASUS VA249HG monitor, enabling synchronized power control between devices to streamline workstation management while supporting more energy-efficient workplace operations.
As the BPO industry continues to evolve, organizations need workstation solutions that balance performance, reliability, scalability, and operational efficiency.
The combination of the ASUS NUC 16 Pro and ASUS VA249HG offers a compact yet powerful workstation setup designed for modern business demands. From space-saving advantages and simplified deployment to enterprise-ready performance and reliable connectivity, it provides businesses with a smarter alternative to traditional desktop environments.
For organizations looking to modernize workplace infrastructure while optimizing operational efficiency, ASUS NUC delivers a scalable and future-ready solution built for the evolving needs of modern BPO operations.
Explore ASUS NUC solutions and submit inquiries via the official ASUS Business Solutions page: https://www.asus.com/ph/event/BusinessSolutionInquiryPage/
You may also connect with our Authorized Distributors: Techtron Systems Corporation, VST ECS Phils. & Ubertech Inc or authorized ASUS dealers nationwide for specifications, availability, and tailored deployment support.
Business
Aussie shares dip as banks and retail stocks drag
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