Recent Posts

Rationing alone may not solve UK grocers’ salad shortages

BLOOMBERG Britain’s supermarkets are hoping common courtesy can help them avoid free-for-alls in the fresh fruit and vegetable aisles. Moves by Tesco Plc, Asda, Aldi and Morrisons to limit purchases of tomatoes, cucumbers and peppers showed that the grocers are willing to invoke the spirit of the pandemic and ration goods if necessary to protect supplies. Grocers want to be ...

Read More »

Adani stocks fall as firm starts tour to win back investors

BLOOMBERG Most Adani group stocks fell as the embattled Indian conglomerate kicked off a charm offensive with fixed-income investors in Asia, its latest effort to stem the fallout from a short-seller’s attack. All of the group’s 10 stocks dropped, led by a 10% plunge in flagship Adani Enterprises Ltd., taking its market value wipeout to about $154 billion since Hindenburg ...

Read More »

Europe, US stocks push higher after Wall Street’s dismal week

BLOOMBERG European stocks and US equity futures markets pushed higher early on Monday, following Wall Street’s worst week since December that saw traders come to terms with central bank policy that may remain restrictive for longer than thought on both sides of the Atlantic. The Stoxx 600 Index rose more than 1%, with technology firms and retailers pacing gains and ...

Read More »
Send this to a friend