Author: super@dmin
-
Dow Jones Newswires: Mitchells & Butlers sees strong trading over festive season
The U.K. pub-and-restaurant operator said like-for-like sales for the five weeks ended Jan. 7 were up 19% on a 23.4% rise in drink and a 15.8% rise in food.
-
Dow Jones Newswires: Marks & Spencer sales rise after strong Christmas performance
The U.K. retailer said its performance over the Christmas period was strong, with a rise in third-quarter sales.
-
Dow Jones Newswires: Tesco backs forecasts after strong Christmas sales
The U.K. grocer said it currently expects adjusted operating profit–for fiscal 2023 to be in the range of 2.4 billion to 2.6 billion pounds ($2.92 billion to $3.16 billion).
-
Dow Jones Newswires: U.K. construction woes deepened in 4Q on macroeconomic turmoil, RICS says
A challenging macroeconomic environment increasingly hit the U.K. construction industry in the fourth quarter of 2022, according to the latest data from the Royal Institution of Chartered Surveyors.
-
Dow Jones Newswires: Taiwan Semiconductor Manufacturing reports record net profit and revenue on chip demand
Both quarterly revenue and net profit marked new record highs. For 2022, TSMC booked NT$2.264 trillion in revenue and NT$1.017 trillion in net profit — both highest on record.
-
The Moneyist: ‘I grew up poor’: My wife and I have a $1.2 million real-estate portfolio and $250,000 invested in stocks. Are we financially secure enough to start a family?
‘At times it feels like we are behind in building wealth for our future generations, as well as creating the next generation.’
-
: Inflation is easing, but the prices of these food items are likely to soar in 2023
Shortages have driven up the prices of eggs, butter and vegetable oil.
-
: Stripe reportedly slashes its internal valuation yet again, to $63 billion
Fintech startup and perennial IPO candidate Stripe Inc. has cut its internal valuation for a third time in the past six months, according to a new report.
-
: Alphabet cuts jobs at its robotics unit, Intrinsic
Intrinsic, Alphabet Inc.’s industrial robotics company, slashed about one-fifth of its workforce Wednesday, as Google’s parent company starts what’s anticipated to be a large round of layoffs.
-
Dow Jones Newswires: China’s inflation accelerates as economic rebound anticipated
China’s inflationary pressure rose in December, as Beijing’s abrupt reversal of its zero-COVID strategy last month paved the way for an economic rebound, official data showed Thursday.