Walmart maintains outlook for next year as profits tighten against inflationary pressures August 16, 2022 US retail giant Walmart’s profits were eaten into by inflation as it maintains its outlook for the next financial year despite revenue being up 8.4 per cent. The supermarket chain took in $152.9bn in Q2 but said this strong growth was “partially driven by inflation”, which tempered its outlook, and its profits. Its comparative sales [...]
EP: 155 York – Thursday August 16, 2022 Ladies Day on the Knavesmire sees the Group 1 Yorkshire Oaks as the feature race. On today’s podcast William Butler and Luke Morris are on hand to discuss the chances of the brilliant 5-year-old mare Alpinista as she goes in search of a fifth Group 1 victory. Morning Wire Racing editor Bill Esdaile previews the [...]
Big Tech outlier: Apple pushes for three day return to office policy August 16, 2022 Apple has called on employees to get back into office at least three days a week as the tech giant continues to defy work from home trends that dominate Silicon Valley.
Pensions, crypto and trust: digital assets and retirement funds August 16, 2022 | City Talk Retirement planning is the primary objective of retail investors. Indeed, 47% of respondents in the 2022 CFA Institute Investor Trust Study indicated saving for retirement was their most important investment goal. Yet the conventional pathway to retirement savings — the traditional stock and bond portfolio — is not as effective as it used to be. Weaker diversification, [...]
Bitcoin price holds steady above $24k as weekend momentum stalls August 16, 2022 The price of Bitcoin (BTC) is holding flat at just above $24k this morning after losing some of the upward movement from the weekend.
Cartier owner Richemont calls for shareholders to block LVMH rival from joining board August 15, 2022 Cartier owner Richemont called for shareholders to snub the appointment of former LVMH executive Francesco Trapani to the board this morning, calling out his close connections to firm’s biggest rival. Calling him an “inappropriate” candidate, Richemont chairman Johann Rupert said in a letter to shareholders: “He is not independent, as he has a long history [...]
EP: 154 York – Wednesday August 15, 2022 The first day of the York Ebor festival sees the return of Baaeed to the track, stepping up in distance to a mile and a quarter for the first time in the Juddmonte International, where he takes on last year’s impressive winner Mishriff. Morning Wire Racing editor Bill Esdaile previews the best of Wednesday’s racing [...]
A summer break in Finland, counting thousands of tiny islands as they drift past August 15, 2022 Sitting down to dinner in what was once Finland’s most dangerous prison wasn’t exactly what I had in mind when I embarked on a recent Scandinavian sojourn. But soon after touching down I learn that the city of Turku’s penchant for experimental dining is fast turning the place into Finland’s culinary capital. It’s all too [...]
Hedonistic thrills and cosmopolitan grandeur in Rhodes August 15, 2022 THE WEEKEND: Can’t decide between a culture break or a beach holiday? Rhodes offers both! This Greek island has historic sites reaching back to antiquity, and sundrenched beaches that slip into a dazzling, clear blue sea. From the cheap, hedonistic thrills of Faliraki nightclubs to the cosmopolitan grandeur of Rhodes’ medieval Old Town, there’s something [...]
Why August Is Actually A Good Month To Find A Job August 15, 2022 Your mind might be at the beach even if your body is firmly at your desk: August is the laziest of the summer months, and with record-breaking UK temperatures this season – a new record-high temperature of 40.3°C was set at Coningsby, Lincolnshire, on 28th July – the heatwave has continued with parts of the [...]