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Wm Morrison warns war, inflation may hurt sales

Bloomberg WM Morrison Supermarkets warned that a deterioration in the geopolitical environment in Europe, rising inflation and waning consumer sentiment could hurt its sales and profit this year. Britain’s fourth largest grocer, recently acquired by US private equity group Clayton Dubilier & Rice LLC, said “increasing inflationary pressure” has affected the wider grocery market and its own performance since February, ...

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Airbus weighs more delay in A350 ramp-up

  Bloomberg Airbus SE is weighing a further delay in its production plan for A350 widebody jets after sanctions on Russia weakened the outlook for deliveries, according to people familiar with the matter. A goal of building six A350s a month by early 2023, which had been reiterated as recently as February, may now slide to the end of that ...

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China-Ukraine call signals Xi may speak with Zelenskiy

Bloomberg A call between top diplomats from China and Ukraine sends a fresh signal that President Xi Jinping could soon speak with Volodymyr Zelenskiy for the first time since Russia’s invasion more than a month ago. Foreign Minster Wang Yi reiterated China’s desire for a ceasefire in talks with Ukraine counterpart Dmytro Kuleba, their first such exchange since March 1, ...

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