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Tesco PLC

NatWest swoops on retailer Sainsbury’s banking business

by Walter Watson
NatWest swoops on retailer Sainsbury’s banking business

Customers use automated teller machines (ATM) at a Sainsbury’s supermarket in London, UK, on Tuesday, Feb. 14, 2023. The Office for National Statistics are due to release the latest UK …

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‘Excess profits’ of big firms have driven up inflation, report claims

by Walter Watson
‘Excess profits’ of big firms have driven up inflation, report claims

LONDON — Major companies in the energy and food sectors amplified inflation in 2022 by passing on greater cost increases than needed to protect margins, according to a new report. …

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Amazon top Fresh exec says store reopenings part of grocery revamp

by Edgar Davis
Amazon top Fresh exec says store reopenings part of grocery revamp

Amazon Fresh store in Los Angeles neighborhood of Woodland Hills Annie Palmer In February, Amazon CEO Andy Jassy said his company was hitting pause on opening up new Fresh supermarkets …

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Looking for value stocks? Citi lists over 10 global names

by Walter Watson
Looking for value stocks? Citi lists over 10 global names

European value stocks are doing better than growth stocks right now, according to Citi analysts. “We believe European Value still has more to run with its undemanding valuations and upside …

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JPMorgan names stocks set to outperform in ‘pole position’ sector

by Walter Watson
JPMorgan names stocks set to outperform in ‘pole position’ sector

Analysts at JPMorgan named five global stocks in a sector they described as being in “pole position,” following the Federal Reserve ‘s latest rate hike. On July 26, the Fed …

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