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1 month ago | 
bizcommunity.com | Nqobile Dludla |Tom Hogue |Subhranshu Sahu
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Upmarket retailer Woolworths Holdings reported a 24.8% fall in first-half profit due to softer-than-expected topline growth in its clothing businesses in South Africa, Australia, and New Zealand.
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1 month ago | 
gurutrade.com | Sfundo Parakozov |Bhargav Acharya |Subhranshu Sahu
JOHANNESBURG, Feb 26 (Reuters) - South Africa's rand slipped in early trade on Wednesday ahead of local inflation data, which could give domestic investors clues on the health of Africa's most industrialised economy.
At 0600 GMT, the rand traded at 18.44 against the dollar , about 0.3% weaker than its previous close.
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1 month ago | 
gurutrade.com | Nikhil Sharma |Janane Venkatraman |Subhranshu Sahu
Unilever falls after consumer giant says CEO to step down
Galp Energia soars after new exploration discovery in Namibia
Smith+Nephew jumps after annual earnings beat expectations
STOXX 600 up 0.3%
Feb 25 (Reuters) - European shares advanced on Tuesday, as gains in defence stocks outweighed technology losses spurred by concerns over U.S. chip curbs on China.
The pan-European STOXX 600 index rose 0.3% by 0930 GMT.
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1 month ago | 
gurutrade.com | Rahul Paswan |Subhranshu Sahu |Varun H K
Gold hit record high of $2,956.15 on Monday
Trump says Canada, Mexico tariffs on schedule
Safe-haven demand remains strong says analyst
Feb 25 (Reuters) - Gold prices declined on Tuesday, as investors booked profits after bullion hit a record high on safe-haven demand amid concerns that U.S. President Donald Trump's tariff plans could fuel inflation and trigger a major global trade war.
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1 month ago | 
gurutrade.com | Nikhil Sharma |Eileen Soreng |Subhranshu Sahu
Just Eat Takeaway jumps after 4 bln euro bid from Prosus
Discount retailer B&M falls after cutting profit forecast
Germany's blue-chip index up 0.8%, lifted by defence stocks
STOXX up 0.2%, led by real estate and utility stocks
Feb 24 (Reuters) - German stocks were the standout gainer in Europe on Monday as Friedrich Merz-led opposition conservatives won the national election as expected.
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2 months ago | 
gurutrade.com | Pranav Kashyap |Savio D'Souza |Subhranshu Sahu
STOXX 600 flat, defence index up 1.3%
Capgemini falls after reporting lower annual sales
French consumer prices rise by 1.8% YoY
Holiday Inn owner IHG down after 2024 results
Feb 18 (Reuters) - European shares pulled back from their record highs on Tuesday, as Capgemini led IT stocks lower and rising bond yields put additional pressure on the market, while a rally in defence stocks began to lose momentum.
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2 months ago | 
today.westlaw.com | Rishabh jaiswal |Subhranshu Sahu |Bipasha Dey |Kanjyik Ghosh
(Reuters) - California's largest private insurer, State Farm, on Monday urged the state's insurance regulator to approve an emergency hike in rates to help offset the hefty payouts the company is making after devastating wildfires in Los Angeles last...
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2 months ago | 
today.westlaw.com | Rishabh jaiswal |Subhranshu Sahu
(Reuters) - Retailer Costco Wholesale will increase pay for most of its hourly U.S. store workers to more than $30, according to a memo sent to employees this week. The company will increase hourly pay for its top of the scale employees over the next...
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Jan 24, 2025 | 
gurutrade.com | Leika Kihara |Subhranshu Sahu
Jan 24 (Reuters) - The Bank of Japan raised interest rates on Friday to their highest since the 2008 global financial crisis and revised up its inflation forecasts, underscoring its confidence that rising wages will keep inflation stable around its 2% target.
At its two-day meeting concluding on Friday, the BOJ raised its short-term policy rate from 0.25% to 0.5% - a level Japan has not seen in 17 years. It was made in an 8-1 vote with board member Toyoaki Nakamura dissenting.
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Jan 20, 2025 | 
gurutrade.com | Aaditya Govind Rao |Subhranshu Sahu |Savio D'Souza
Jan 20 (Reuters) - Optus, Australia's No. 2 telecom carrier, is in talks to sell its sports streaming platform Optus Sport to media house Nine Entertainment, the Australian Financial Review (AFR) reported on Monday.
A deal would let Nine's local streaming service Stan stream matches from the Premier League, England's major club football league, while Singapore Telecommunications-owned Optus would focus on its core telecom assets, the report said.
