Hints and tips:
...The British Retail Consortium said on Tuesday that annual shop price inflation dropped to 5.2 per cent in October from 6.2 per cent in September, the fifth consecutive monthly decline and the lowest rate...
...Average pay growth grew 7.3 per cent excluding bonuses, or 7.2 per cent including them — a bigger than expected fall from a summer peak of 8.5 per cent....
...Here’s the latest market reaction. 2. Turkish authorities have detained 20 people with alleged links to the Kurdistan Workers’ party (PKK)....
...However, revenues fell 5 per cent versus last year to $12.2bn, missing consensus forecasts. Its shares closed down 1.7 per cent....
...The South African Reserve Bank made its biggest rate rise for almost 20 years in July, increasing borrowing costs by 75bp to 5.5 per cent....
...Twitter said that, on a constant currency basis, revenues increased 2 per cent....
...UK ministers, meanwhile, have berated civil servants for not returning to the office, fuelling already rock-bottom morale in the process....
...Earlier this week, 17 hospitals across Greater Manchester paused non-urgent surgery....
...“We’ve had tough times . . . she’s had to keep the morale up.” Citi’s challenges are in some ways similar to the problems at HSBC....
...That remains some way below the Federal Reserve’s 2 per cent inflation target. In December, core PCE was running at 1.5 per cent....
...Today, he points out, the Fed’s funds rate has been running at more than 2.5 percentage points below the inflation rate....
...Net profit reached €19m, up 5.2 per cent while net debt fell by €3m to €114m thanks to an increase in operating cash flow and shareholder returns....
...These now make up a quarter of the group’s total assets, up from just 17 per cent three years ago....
...She might also buy some time because Donald Trump, US president, is in Britain from June 3 to 5....
...” ● JPMorgan downgraded General Electric to “underweight” from “neutral” with a $5 target price....
...2018: Puzzle 15,876 June 4 2018: Puzzle 15,875 June 2 2018: Polymath No. 972 June 2 2018: Puzzle 15,874 June 1 2018: Puzzle 15,873 May 31 2018: Puzzle 15,872 May 30 2018: Puzzle 15,871 May 29 2018...
...The S&P 500 is still vying to close above its January 26 peak of 2,872.87....
...The S&P 500 finished 0.6 per cent higher at 2874.69, just ahead of the previous record close on January 26 of 2,872.87 and was up 0.9 per cent over the past five trading days....
...Equities In New York, the S&P 500 rose 0.3 per cent at 2,858 — just 14 points shy of January’s record intraday and closing high of 2,872.87....
...The firmer dollar helped push gold down $5 to $1,207 an ounce — close to a 17-month low....
...Gold was up $2 at $1,213 an ounce but still in sight of a recent 17-month low....
...With leading performances by the healthcare and tech sectors, the S&P 500 climbed steadily through the session and closed 1.2 per cent higher to 2,872.87....
...Tui’s “higher quality, diverse earnings” meant it was left on a “buy” rating with a price target cut to £17.20 from £19.10....
...Staff received a 2.5 per cent pay rise only in January, with the promise of a further 2.75 per cent in 2019 and 2.5 per cent in 2020....
...The police pay review body, meanwhile, pointed to concerns about morale....
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