This was the week financial markets faced up to the realisation that low interest rates and subdued inflation may not be a permanent state of affairs. Around the world, bond investors have taken fright. The 10-year yield on US public debt â …
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Analysts were expecting an adjusted net loss per share of $0.13. Revenue for the quarter came in at $101.9 million, up by 3.5% year-on-year but falling short of the $103.2 million consensus estimate.
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The pandemic boost to pet ownership has led retail chain Pets at Home to raise its profit forecast yet again as demand for pet products continues to soar. The company, which has 350 outlets across the UK, says full-year profits will be £85m, up from a previous …
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Stock markets are in retreat as bond yields advance. Yields are rising across the globe, prompting investors to ditch stocks, especially richly valued growth names. The tech-heavy Nasdaq fell 3.5 per cent, with the broader S&P 500 down 2.5 per cent.
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LONDON (Reuters) – British Airways-owner IAG is counting on digital health passes to help spur a travel recovery this summer, after the pandemic pushed it to a record 7.4 billion euro ($9 billion) loss last year, when it ran just a third of normal flights.
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