J Sainsbury plc (JSAIY.PK,SBRY.L) reported that its profit before tax for the 28 weeks ended 16 September 2023 was 275 million pounds, down 27% from the prior year, reflecting non-cash movements and one-off income from legal settlements in the prior year. Profit for the period was 155 million pounds or 6.5 pence per share, down 46% from the prior year. […]

GSK Plc (GSK.L, GSK) reported that its third quarter profit attributable to shareholders from continuing operations was 1.46 billion pounds compared to 759 million pounds, last year. Earnings per share from continuing operations was 35.6 pence compared to 18.6 pence. Third quarter adjusted operating profit was 2.77 billion pounds, up 6% AER, or an increase of 15% at CER. Adjusted […]

Save articles for later Add articles to your saved list and come back to them any time. From garbage collection to race car manufacturing, nine fund managers at some of Australia’s largest investment firms have given their best stock picks for investors looking over the long term. These investors all manage funds on a pro bono basis for Future Generation, […]

Consumer price inflation in Germany eased faster than expected in October to reach its lowest level in over two years, thanks to falling energy prices, preliminary data from the statistical office Destatis showed Monday, and the easing price pressures validate the latest “pause” in the interest rate hikes by the European Central Bank. The consumer price index, or CPI, rose […]

Save articles for later Add articles to your saved list and come back to them any time. As someone who still has a very substantial HECS-HELP debt from my years of study, I often fantasise about the government getting in contact with me and offering to wipe the debt completely – or at least shave a bit off the top. […]

Deutsche Bank AG shares were gaining around 7 percent in the morning trading in Germany as well as in pre-market activity on the NYSE after the German banking major on Wednesday reported higher pre-tax profit in its third quarter, the highest for any third quarter since 2006, driven by revenue strength. On an after tax basis, profit declined. Looking ahead […]

UK consumer price inflation remained unchanged in September as the rise in oil prices was offset by the slowdown in food inflation, but this is unlikely to prompt the Bank of England to end the current pause and raise rates further in the November policy session. The consumer price index, or CPI, posted a steady annual growth of 6.7 percent […]

The Federal Reserve released the minutes of its latest monetary policy meeting on Wednesday, reiterating that a majority of participants expect one more interest rate hike will likely be appropriate. The projections provided following the meeting forecast one more rate hike before the end of the year, although the minutes noted some officials judged it likely that no further increases […]

Save articles for later Add articles to your saved list and come back to them any time. The traditional idea of staying in a family-sized home until we die is finally evolving. With a little nudge from the Government’s enticing downsizer incentive which was boosted this year, forward-thinking pre- and post-retirees are reassessing their homes with fresh optimism, and wondering […]

Germany’s factory orders rebounded at a stronger-than-expected pace in August reflecting the robust expansion in demand for computing, electronic and optical products. Factory orders registered a monthly growth of 3.9 percent, in contrast to the 11.3 percent decrease in July, Destatis reported Friday. Moreover, the rate was much better than economists’ forecast of 1.8 percent growth. Excluding major orders, manufacturing […]