Marks & Spencer suffers first loss in 94 years as Covid takes its toll

Marks & Spencer suffers first loss in 94 years as Covid takes its toll

By Kristy Dorsey. The Covid crisis has driven Marks & Spencer into its first loss in 94 years as a publicly-listed company, with the retailer warning of more pain to come with the month-long lockdown in England that begins today. The group made a pre-tax loss …
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Adani no more as miner buries its name and rebrands

Anti-coal activists have claimed victory in stopping Adani, but that does not mean an end to the giant Carmichael coal mine. Adani Mining has been rebranded and will now be known as Bravus Mining and Resources, based in north Queensland. Cowboys …
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Asia tracks Wall St rally as markets shrug at election limbo

Asian shares advanced Thursday after stocks rallied on Wall Street as investors embraced the upside of more gridlock in Washington, sending the S&P 500 index up 2.2% while the outcome of the U.S. presidential election remained in limbo. Follow the latest …
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Michael Bloomberg spent $1 billion this election cycle and is coming away with huge losses

Mike Bloomberg poured over $1 billion into this election cycle during his short-lived presidential term and after he dropped out. Despite the huge
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Societe Generale posts first profit of 2020

Societe Generale SA posted its first quarterly profit of the year in the third quarter and put on a more positive tone on its capital outlook as the performance of its trading operations helped the bank beat expectations. France’s third-largest listed bank by assets …
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