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...Inchcape shares traded on the London Stock Exchange rose 5 per cent per cent on Monday....
...Non-store retailing, which includes online, contracted 1.5 per cent in March, while sales in department stores were down 3.8 per cent....
...Total assets in Taiwan equities ETFs grew 8 per cent in two months to NT$1.52tn by end of February from NT$1.41tn by end-2023, according to data from the FSC....
...The new rules on British Isas could generate an extra £1.5bn in investment in UK companies, according to Citi....
...The group revised its expectations for unemployment and now expects a 1.5 per cent rise in house prices this year....
...He owns 1.83 per cent of the company, according to FactSet data....
...Like-for-like sales grew 1.5 per cent in the first quarter of the year; analysts had forecast a 0.9 per cent drop. Net revenues declined 4.6 per cent on a reported basis to £3.7bn....
...JD shares, which fell sharply after a profit warning at the start of the year, were up more than 5 per cent on Tuesday....
...Seen in this light, the push to secure prime real estate is essentially a round of beggar thy neighbour for luxury companies....
...His views are significant as the oil fund is one of the largest single investors in the world, owning on average 1.5 per cent of every listed company globally and 2.5 per cent of every European equity....
...Adjusted earnings after rent, the company’s preferred profit measure, rose 24 per cent to £1bn, while revenues increased 7.1 per cent to £21.8bn and like-for-like sales climbed 5.4 per cent....
...Expenses increased by less than sales and, in the final quarter, net income climbed by 23.5 per cent to €1.3bn, slightly ahead of analyst expectations....
...Revenue is expected to have declined 9.5 per cent to $16.2bn in the three months ending March. The company is expected to report a loss of $1.21 a share, compared with a loss of 69 cents a year ago....
...The Ifo Institute said on Wednesday that its business climate index, based on a poll of 9,000 companies, rose 1.5 points to 89.4, above the forecasts of economists polled by Reuters to reach its highest...
...Alongside easing wage growth in the year to March — it fell to 6.1 per cent from 6.5 per cent in the 12 months to February — businesses continued to report a better outlook for price growth....
...Grocery price inflation fell to 3.2 per cent in the four weeks to mid-April, down from 4.5 per cent last month and the lowest rate since November 2021, research company Kantar said on Tuesday....
...At first glance, the €1.8bn fine for stifling competition in music streaming is not a lethal problem for the company....
...The benchmark Hang Seng index fell 1 per cent, while the tech subindex declined 1.5 per cent. China’s CSI 300 index shed 0.5 per cent....
...In March, Southern Water raised its expected expenditure by 8.5 per cent before inflation and said it now expected average annual customer bills to rise 74 per cent, the biggest price increase in the UK....
...Still, that was an improvement on a €5.7bn loss in the previous year....
...They also expected wage growth to be 4.9 per cent over the year, down from the 5.1 per cent forecast in January and the lowest since May 2022....
...He predicted a quarter-on-quarter increase in German industrial production of 0.5 to 1 per cent in the first three months of the year....
...Chinese carmakers’ product costs are €3,500-€5,000 per unit cheaper than European counterparts, says Fabian Brandt of Oliver Wyman....
...The city’s benchmark Hang Seng index added 1.7 per cent....
...Futures for Brent crude, the international oil benchmark, rose as much as 4.2 per cent to $90.75 per barrel and then retreated to trade 1.1 per cent higher at $88.04....
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