HMs Quarterly Sales Stagnate, it Feels Heat of Competition

HM struggles to compete with Zara owner Inditex JuneAug local currency sales flat HM prioritises profit over sales as it aims for margin recovery STOCKHOLM, Sept 15 Reuters HM reported on Friday flat sales for its most recent quarter, lagging expectations as the world39;s secondbiggest fashion retailer struggled in the face of intense competition from Zaraowner […]
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Russian Rouble Climbs as Market awaits Rate Decision

Sept 15 Reuters The Russian rouble strengthened sharply on Friday ahead of an interest rate decision by the central bank that could see the cost of borrowing rise again to help shore up the currency and cope with stubborn inflationary pressure. The central bank hiked by 350 basis points to 12 a month ago, responding […]
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FTSE 100 Hits over 3Month High as China Data Boosts Miners

Miners gain after China data Games Workshop Group jumps, lifting midcaps Real estate stocks slip as yields fall FTSE 100 rises 0.7, FTSE 250 adds 0.2 Sept 15 Reuters UK39;s FTSE 100 hit a more than threemonth high on Friday as miners gained following betterthanexpected economic data from China, while the prospects of global central […]
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