Sales at clothing retailer Primark grew 2.1% on a like-for-like basis over the Christmas period despite warmer weather, parent company Associated British Foods said on Tuesday, adding that it did not expect supply disruptions from attacks on commercial shipping in the Red Sea.
Chinese commercial lenders held benchmark lending rates steady, in line with the country’s central bank decision to leave key policy rates unchanged.
Shares in Watches of Switzerland tanked by more than a third on Thursday as the luxury timepiece seller slashed its annual revenue guidance on the back of slumping demand for its luxury products and forecast of volatile trading conditions for the rest of the fiscal year.
Recruitment specialist PageGroup said 2023 full year operating profit was expected to be slightly below previous guidance as fourth-quarter profits fell amid a global hiring slowdown.