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Marketmind: “Old friends” get together
A look at the day ahead from Sujata Rao. A Joe Biden-Xi Jinping summit -- in which the Chinese leader called the U.S. president his "old friend" -- has put markets in a good mood. Whether that lasts h...
Syndicated Content Nov 16, 2021
Britain’s Tesco increases dominance with 12-week sales rise – NielsenIQ
LONDON (Reuters) - Tesco, Britain's largest retailer, was the only one of the country's big four grocers to grow sales in the last 12 weeks, increasing its sector dominance in the run-up to Christmas,...
Syndicated Content Nov 16, 2021
Planemakers eye further deals at Dubai Airshow
DUBAI (Reuters) - Global aerospace firms sought at the Dubai Airshow on Tuesday to build on signs of a tentative recovery from a global pandemic that has shattered the industry's profits, while talkin...
Syndicated Content Nov 16, 2021
Emirates says it could be listed in Dubai, CNBC Arabiya reports
CAIRO (Reuters) - Emirates airline Chairman Sheikh Ahmed bin Saeed Al-Maktoum said on Monday it was possible to list the state-linked carrier or its subsidiaries on the Dubai exchange, CNBC Arabiya TV...
Syndicated Content Nov 16, 2021
Higher cigarette prices lift Imperial Brands full-year revenue
(Reuters) - Tobacco group Imperial Brands reported a slight uptick in its full-year sales on Tuesday, aided by higher cigarette prices that more than offset a decline in volumes. The maker of Gauloise...
Syndicated Content Nov 16, 2021
Drinks maker Diageo forecasts 5%-7% sales growth for fiscal 2023-25
(Reuters) - Diageo expects organic sales growth to be between 5% and 7% for fiscal 2023-2025, compared with the 4% to 6% growth during 2017-2019, the world's largest spirits maker said on Tuesday as i...
Syndicated Content Nov 16, 2021
UK commercial landlord Landsec swings to half-year profit
(Reuters) - UK's largest commercial property firm Land Securities Group Plc reported on Tuesday a swing to half-year profit, as it recovers from the COVID-19 pandemic which battered its key Central Lo...
Syndicated Content Nov 16, 2021
Vodafone raises free cash flow guidance after good first half
LONDON (Reuters) -Mobile group Vodafone raised its forecast for this year's free cash flow on Tuesday after it reported 6.5% growth in adjusted core earnings in its first half, driven by a good perfor...
Syndicated Content Nov 16, 2021
UK jobs rise again after furlough scheme, easing BoE worries
LONDON (Reuters) - British employers added more workers to their payrolls in October after the government's job-protecting furlough scheme ended, potentially easing the lingering concerns at the Bank ...
Syndicated Content Nov 16, 2021
Prosus sees H1 earnings per share up 400% on Tencent stake sale
AMSTERDAM (Reuters) - Technology investor Prosus NV expects a large rise in earnings per share for the first half of its 2022 fiscal year, the firm said on Tuesday, as it gained proceeds of $12.3 bill...
Syndicated Content Nov 16, 2021
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