One of the biggest names in UK retail has raised its annual profit expectations despite a fall in sales during its core Christmas trading period. Sainsbury’s, the UK’s second-largest supermarket chain by market share, reported
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Small-scale fishermen snagged in Governments tightening quota regulations
This time last year Troy Smith was in the Cook Strait, manning dahn lines from his 15-metre boat, and single-handedly landing and filleting hundreds of hāpuku for some of the best restaurants across Marlborough. This
Read moreWorld Bank sees pronounced slowdown in global growth as COVID and inflation pressures bite
The World Bank has warned of a “pronounced slowdown” in global growth as threats from new COVID-19 variants and cost of living pressures bite. It also pointed to the risks of debt and income inequality
Read moreKKR's bid target TIM close to decision on new CEO – sources
MILAN (Reuters) -Telecom Italia (TIM) is moving closer to appointing a new chief executive, with General Manager Pietro Labriola tipped as the frontrunner, four sources familiar with the matter said on Tuesday.FILE PHOTO: Telecom Italia’s
Read moreJapan households' inflation expectations hit more than 2-year high – BOJ
TOKYO (Reuters) -Japanese households’ inflation expectations have risen to a more than two-year high, a quarterly survey showed on Tuesday, a sign the rising cost of living was starting to change public perceptions about future
Read moreStocks steady, bond yields cling to highs ahead of Fed testimony
LONDON (Reuters) – Global stocks edged up and bond yields clung to recent highs on Tuesday as investors awaited U.S. Federal Reserve Chair Jerome Powell’s appearance before the Senate Banking Committee, hoping for clues to
Read moreWarrington Council-backed Together Energy lines up administrators
A residential energy supplier part-owned by a Cheshire local authority is lining up administrators amid suggestions that it could collapse as soon as this week. Sky News has learnt that Together Energy, which serves about
Read moreLiam Dann: Economists pick the top five trends to watch in 2022
Where should we for look for clues about the economy in 2022? What are the statistics that will define the year? For our annual look at the economic year ahead, we ask some of New
Read moreThe Interview: Stephen Jennings Kenyan reinvention
Stephen Jennings is one of New Zealand’s most successful exports, and actively chases risk. An economist by training, he made a vast fortune in Russia, before fleeing the country in 2012. Now based in Africa
Read moreEuro zone inflation hits 5%, marking another record high
FRANKFURT (Reuters) – Euro zone inflation rose unexpectedly last month, likely making for more uncomfortable reading at the European Central Bank, which has consistently underestimated price pressures and come under fire for this from some
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