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...and franchise network members to avoid such losses by buying at the promotional or reduced price from large integrated retailers”....
...Gilinski, whose investments stretch from banking to property and the food industry, first took a stake in Metro in November 2019 when he picked up 9 per cent after the accounting scandal and the bank’s subsequent...
...It is a massive gamble given that Africa had to import $43bn of food in 2019, according to World Bank estimates. That figure is set to rise to $110bn by 2025, it predicts....
...Prices for food and consumables were “slightly higher than a year ago”, he added....
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...Companies: Vertex Pharmaceuticals and Tyson Foods report results before the market opens. Coty and Palantir will report after the close....
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...We’re also due a stream of central bank speakers, alongside monetary policy meeting minutes from the Fed, the European Central Bank and the Reserve Bank of Australia....
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...It is also hard to achieve the network effect enjoyed by Tencent and Alibaba, the tech groups behind China’s biggest superapps....
...Israel has long claimed al-Shifa sat atop an extensive tunnel network that Hamas used as a command centre....
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...Nigeria has been hit by a wave of violent food looting as its economic and security crisis deepens. Food inflation passed 35 per cent at the start of the year....
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...“The main challenge Metro Bank now has is leveraging its expensive branch network to drive growth and so improve profitability,” said Gary Greenwood, of Shore Capital....
...Crucially, the institute also has an impressive seed bank, and it began sharing its seeds with Llafur Ni in 2018. The bank holds more than 30,000 seeds gathered from all over the world....
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