Thursday , 18 December 2025

Recent Posts

Marks & Spencer profit to recover as turnaround makes progress

Bloomberg Marks & Spencer Group Plc shares jumped after the retailer said it expects to generate pretax profit of as much as 350 million pounds ($495 million) this fiscal year as it recovers from the pandemic and enters the next stage of its turnaround. The stock jumped as much as 7.4% in London, and is up about 22% since the …

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Sonae follows Amazon’s lead with cashierless store in Lisbon

Bloomberg Portuguese retailer Sonae SGPS SA was expected to open its first store without checkout staff in Lisbon on Wednesday, bringing an innovation pioneered by Amazon.com Inc to the European continent. Arrays of cameras and sensors track shoppers who are charged through an app as they pick groceries from the shelves at the Continente brand store. The technology was provided …

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Airlines rally as US travel rebound quickens into summer

Bloomberg US airlines rose as the country’s three biggest carriers said a travel rebound is gaining steam, with United Airlines Holdings Inc and Delta Air Lines Inc heading for the highest closing price in about six weeks. The pace of recovery has been faster than expected, Delta President Glen Hauenstein said. United predicted it would turn a profit before certain …

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