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18.06.26 - 09:12
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Tesco′s UK sales growth more than halves amid Iran war uncertainty (The Guardian)
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UK's biggest retailer reports better figures than expected by City analysts and is cheered by strong online salesBusiness live – latest updatesTesco's UK sales growth has more than halved as it said the conflict in the Middle East had created “ongoing uncertainty for many households”.The UK's biggest retailer said comparable sales rose 1.8% to £13.4bn in the three months to the end of May, well below the 4.2% reported in the previous quarter. Continue reading......
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17.06.26 - 12:18
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US-Iran Deal Details Emerge in 14-Point Memorandum | The Pulse 6/17/2026 (Bloomberg)
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Today's guests: Tanuja Randery, Amazon Web Services Vice President and EMEA Managing Director; Stefan Hoops, DWS CEO; Nadia Calviño, European Investment Bank President (Source: Bloomberg)...
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16.06.26 - 10:48
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Turkey Retail Sales Growth Eases To 13-month Low (AFX)
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ANKARA (dpa-AFX) - Turkey's retail sales growth moderated in April to the lowest level in just over a year, the Turkish Statistical Institute said on Tuesday.The volume of retail sales rose 11.4 p......
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15.06.26 - 16:24
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Key Events This Week: First Warsh FOMC, Iran Deal Signing, Retail Sales And More (ZeroHedge)
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Key Events This Week: First Warsh FOMC, Iran Deal Signing, Retail Sales And More
After 107 days and a seemingly endless number of false dawns, we finally have a deal between the US and Iran to end the war and open the Strait of Hormuz. It was announced on Sunday afternoon - Trump's birthday, shortly before futures opened for trading and ahead of today's Iran game in the World Cup - and the MoU will be signed in Switzerland on Friday.
According to statements carried by Iranian state-affiliated media, the agreement includes a phased lifting of US sanctions on Iranian oil exports, the unfreezing of roughly $12bn in overseas assets, and a commitment to reopen the Strait of Hormuz within 30 days (after mine clearing) alongside the removal of the US naval blockade. The deal also sets out a 60-day negotiation window on a broader accord, including constraints around Iran's nuclear programme, where Tehran is expected to commit to maintaining its current status and not pursuing nuclear weapons. The U...
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10.06.26 - 09:24
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WH Smith to raise £100m as it warns on profits due to Iran war (The Guardian)
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Retailer plans to shut unprofitable stores as shopper numbers at airports fall amid Middle East conflictBusiness live – latest updatesWH Smith has issued a profit warning after shopper numbers at its stores in US airports fell as a result of the war in the Middle East.The retailer, which operates 1,200 outlets globally in airports, railway stations and hospitals, also announced plans to raise about £100m to strengthen its balance sheet, pay down debt, invest in technology and shut down unprofitable stores after “a downturn in trading conditions”. Continue reading......
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