Saturday , 7 February 2026

Recent Posts

Sports Direct slumps as retailer delays results on auditing

Bloomberg Sports Direct International Plc shares headed towards a seven-year low after the UK sports-apparel retailer delayed publishing its results as auditors increase their scrutiny of its accounting. The UK retailer said it needs more time to compile information as regulators review Grant Thornton’s audit of its fiscal 2018 results, and that the review may affect its financial guidance. The …

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Pound’s record losing run ratchets up ‘holidays cost’

Bloomberg The pound is suffering a record run of losses against the euro just as Brits get ready for the summer holidays. Sterling has slid more than 5 percent against the euro in an unprecedented run of 10 weekly declines, handing UK holidaymakers on the continent a hefty foreign-exchange disadvantage. And it’s fared the worst among 32 major currencies tracked …

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Kuwaiti stocks end longest winning streak in 3 years

Bloomberg Traders taking profit from Kuwait’s longest-winning streak since at least 2016 sent the nation’s main stock index to its first loss this month. The gauge declined less than 0.1 percent, led by National Bank of Kuwait and HumanSoft Holding. While a favourable deposit shift for lenders in the country may boost second-quarter margins from lows in the previous quarter, …

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