Debenhams Profit Warning Clouds UK Retailers' Christmas

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Debenhams Profit Warning Clouds UK Retailers' Christmas

Analysts expect about 82 million pounds, the average of estimates compiled by Bloomberg. Comparable sales in the 17 weeks through Dec. 30 fell 1.3 percent, the company said. Debenhams increased markdowns to try to spur sales, and identified an additional 10 million pounds in cost savings beyond
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Trump Versus Bannon May Spell Trouble for Republicans

The Treasury last month raised questions about Beijing's overtures to the Inter-American Development Bank, a multilateral lender that works to reduce poverty and inequality in Latin America and the Caribbean, in a letter to its president obtained by Bloomberg. It's the latest sign of an intensifying rivalry
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Medicinal cannabis firm Medifarm welcomes export opportunities but says Australian patients its focus

The first Australian company to be licensed to cultivate and manufacture medicinal marijuana has praised the Federal Government's plan to allow exports of cannabis-based medicines.
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Philip Morris says its New Year's resolution is to give up cigarettes

Philip Morris International has made a dramatic New Year's resolution: “We're trying to give up cigarettes.” What? The maker of such cigarette brands as Marlboro, L&M, Parliament and Chesterfield took out full-page ads in several newspapers in the …
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Australian Cannabis Stocks Double in Value After Export Approval

Australian cannabis stocks more than doubled Thursday, almost matching gains made during the whole of last year after the government said it would allow medicinal cannabis to be exported. A Bloomberg index of local pot stocks based off a gauge from Red Leaf Securities rose about 125 percent in
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