Sainsbury’s Expects Retail Profit to Exceed £1 Billion This Year
J Sainsbury Plc expects profits to rise this year as the UK supermarket chain pulls in shoppers with its loyalty card, while inflation fades.
J Sainsbury Plc expects profits to rise this year as the UK supermarket chain pulls in shoppers with its loyalty card, while inflation fades.
Investors are looking for the next policy domino to fall in Asia amid an escalating campaign against a resurgent dollar, after Indonesia used a surprise interest rate hike to defend the rupiah.
Atos SE said it is seeking more cash to finance its business and might need to further reduce its debt, as the embattled French IT company delayed a deadline it set for proposals from its creditors and banks to finance a rescue plan.
Hermes saw Chinese buyers snap up its luxury products as the Kelly bag maker showed its resilience amid a broader slowdown in demand for the sector.
AstraZeneca Plc shares surged after the UK drugmaker reported profit that outpaced expectations, buoyed by demand for its cancer blockbusters Imfinzi and Tagrisso as well as newcomer Enhertu.
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