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...However, Adidas is still on track to record the first operating loss in 31 years when it releases quarterly results on August 3....
...Italy paid 3.69 per cent for 10-year funding at close of Friday, March 15; Spain 3.24 per cent and Greece 3.41 per cent....
...Higher borrowing costs are set to push governments’ interest expenses across member countries up from 2.9 per cent of GDP last year to 3.4 per cent in 2026, according to the OECD’s estimates, adding pressure...
...15-year high....
...Net interest payments have risen from £4.3mn to £15.7mn, which will drag on profits. Meanwhile, GP Strategies revenue fell 2 per cent on a constant currency basis....
...The cosmetics retailer fell 15.3 per cent, its biggest daily drop since 2020, after warning of slowing demand....
...; 15 per cent protein, less fat than chicken or beef, calcium, iron, selenium plus a garnish of vitamins E, A, K and B12....
...The CPI rose 0.3 per cent on a monthly basis, falling short of a 0.4 per cent rise forecast by the Reuters poll but stronger than a gain of 0.1 per cent in December....
...That pushed the yield on the 10-year Treasury note 0.05 percentage points higher to 4.15 per cent, while the yield on the policy-sensitive two-year note rose by about the same amount to 4.59 per cent....
...Official data showed last month that easing food prices helped to reduce the official measure of inflation to 3.4 per cent in February from 4 per cent in the previous month....
...The benchmark 10-year yield also added 0.05 percentage points to 4.15 per cent. An index tracking the dollar against a basket of six other currencies was up 0.2 per cent on the day....
...Bitcoin has lost 15 per cent of its value over the past two weeks, as some investors use the much-hyped launch of bitcoin exchange traded funds earlier this month to take profits and exit their holdings...
...Military spending around the world rose almost 7 per cent to a record $2.4tn last year, the steepest annual increase in 15 years, according to research....
...The US chipmaker was the best performer on the benchmark index, gaining 15.9 per cent as the share gauge rose 2.2 per cent....
...Adjusted net profit rose 15 per cent year-on-year to $3.76bn, but fell short of consensus analyst forecasts. AIA’s shares dropped 4.5 per cent during the morning trading session in Hong Kong....
...4.6 percentage points per annum over 50-year holding periods, not 2.3 and 4 percentage points, respectively, as wrongly stated in a Markets Insight column on December 14....
...However, Walmart projected 3 to 4 per cent consolidated net sales growth over the next 12 months, below the 4.5 per cent pencilled in by Wall Street....
...Revenues from the NHS grew 15.5 per cent last year and PMI by 14.3 per cent. This helped lift operating profits by almost a third to £126.2mn on overall revenues that grew 13.4 per cent to £1.36bn....
...An EV/sales multiple comparison paints the offer less generously, at about 1.4 times versus 4.5 times for UMG and 3.4 times for Warner Music....
...The SU7, which has a starting price of $29,800, is priced about $4,000 less than Tesla’s Model 3....
...The S&P Global UK manufacturing purchasing managers’ index rose to 50.3 in March, up from 47.5 in February and above the flash reading of 49.9, pushing 10 year gilts yields up 0.15 percentage points to 4.09...
...Of the babies born in Italy in 2023, 13.3 per cent were the children of foreign citizens living in the country, down from 15 per cent a decade ago, Istat data shows....
...Read the FT’s full interview with Vincent Mortier. 3....
...As boss of Smiths, which makes airport scanners and employs 15,000 people in more than 50 countries, Keel was paid £4.3mn ($5.3mn), including bonus, pension and share awards, in the 12 months to July 2023...
...But Netflix said it expected revenue to grow between 13 and 15 per cent for the full year....
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