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M&S Expects Profit Boost as Retailer Moves on From Cyber Hit
Marks & Spencer Group Plc expects annual profit to exceed the level seen before the British fashion and food chain was knocked off course by a cyberattack last year.
Citi Sees India Tightening Currency Controls to Halt Rupee Slump
India may take a number of steps in coming months to bolster foreign reserves and the rupee, including possibly restricting outflows from businesses, according to Citigroup Inc.
World Underestimating Iran War Impact on LNG, Says Woodside
The world is underestimating how long the impact of the Iran war will last on global supply of liquefied natural gas, according to Australia’s top exporter of the fuel.
MS Reinsurance reports ‘excellent’ year with improved combined ratio and net profit increasing to $415 million
ZURICH — Global reinsurer MS Reinsurance announced today that it produced a net profit of $415 million after tax for the year ended 2025, compared to $346 million for the year ended 2024. The announcement follows on from the release by ultimate parent c…
UK Inflation Drops Sharply in Respite from Iran Energy Shock
UK inflation fell more than expected in April, to the lowest rate in more than a year, due to a favorable annual comparison and government efforts to cut energy bills, although price pressures are expected to rebound in the coming months.
Japan’s Longer Bonds Gain After Auction Brings Short-Term Relief
Japan’s longer-maturity government bonds gained after a 20-year auction reflected firm investor interest.