Investors Diurnal Financial News Magazine
Business Updates
All
- All
- analysis
- Asia
- Binance Coin
- Bitcoin
- Bonds
- Business
- Celsius
- Chainlink
- Chiliz
- Commodities
- Crude oil
- Crypto.com
- Cryptocurrency
- Dividend
- Economy
- Elrond
- Energy
- EOS
- Ethereum
- Europe
- features
- Finance & banking
- Food & beverage
- Forex
- Funds & trusts
- Gold
- Government bonds
- Health & pharmaceuticals
- Indices
- Industries
- Investing
- IPOs
- Litecoin
- Manufacturing
- Market analysis
- Markets
- North America
- Ocean Protocol
- OMG Network
- Palladium
- Platinum
- Polkadot
- Precious metals
- Real Estate
- Retail
- Services
- Social Media
- Stellar
- Stocks & shares
- Tech
- Technology
- Telecom
- TomoChain
- UK
- USA
- Utrust
- VeChain
- World
- World News
- XRP
- Yearn.finance
John Lewis raises its guidance for the full-year profit
John Lewis Partnership said on Friday that trading during the Christmas period was better than expected. On the back of its hawkish performance, it also raised its guidance for the full-year profit on Friday. John Lewis said that the robust performance in the recent period was primarily attributed to its Waitrose supermarket chain. The London-headquartered company also resorted to e-commerce in recent months to cater to people restricted to their homes due to the ongoing COVID-19 crisis that has so far infected more than 3.4 million people in the United Kingdom and caused over 94 thousand deaths. Are you looking for fast-news, hot-tips and market analysis? Sign-up for the Invezz newsletter, today. In its earlier guidance in September, the high-end department stores chain had forecast a range of small loss to a small profit for its fiscal 2020/21. On Friday, it expressed confidence that its annual profit was likely to come in better than previously expected. John Lewis had reported a loss in the fiscal first half John Lewis lifted its guidance despite the newly imposed restrictions from PM Johnson’s government in the last two months of 2020. The company acknowledged the consequent impact on its department stores, but said that supermarkets like Waitrose followed larger rivals, including Sainsbury’s and Tesco, in their footsteps and posted robust trading in recent months. In an earlier report published in September, John Lewis had blamed the ongoing COVID-19 crisis as it reported £635 million of loss in the fiscal first half. The British firm also said on Friday that it is expected to repay £300 million of COVID-19 financial aid that it took from the government, sooner than initially estimated. John Lewis is scheduled to publish its full-year results on 11th March. According to the company: “Despite the headwinds of the lasts year when John Lewis stores were closed for several months, and future trading volatility, the Partnership believes it has sufficient liquidity going forward.” Next plc withdraws from bidding on Arcadia Group’s brands In separate news from
Real Estate
All
- All
- analysis
- Asia
- Binance Coin
- Bitcoin
- Bonds
- Business
- Celsius
- Chainlink
- Chiliz
- Commodities
- Crude oil
- Crypto.com
- Cryptocurrency
- Dividend
- Economy
- Elrond
- Energy
- EOS
- Ethereum
- Europe
- features
- Finance & banking
- Food & beverage
- Forex
- Funds & trusts
- Gold
- Government bonds
- Health & pharmaceuticals
- Indices
- Industries
- Investing
- IPOs
- Litecoin
- Manufacturing
- Market analysis
- Markets
- North America
- Ocean Protocol
- OMG Network
- Palladium
- Platinum
- Polkadot
- Precious metals
- Real Estate
- Retail
- Services
- Social Media
- Stellar
- Stocks & shares
- Tech
- Technology
- Telecom
- TomoChain
- UK
- USA
- Utrust
- VeChain
- World
- World News
- XRP
- Yearn.finance
World News
The Big Steal’s Big Picture: Cyber Warfare
Hillary Clinton declared in August 2020 after both national conventions that “Joe Biden should not concede under any circumstances because I think this is going to drag out…” Indeed! A month later, her friend Sidney Blumenthal’s son, Paul, wrote about the “nightmare scenario” whereby Trump would win a second term in the U.S. Congress after “setting the stage to declare that anything but a victory for himself means the election is rigged.” Like in 2016 when Donald Trump supposedly rigged that election by colluding with the Russians, a.k.a., “The Russia Hoax,” concocted by Hillary to deflect attention from her misbehavior? This time, the rig is real, and the Antrim County digital irregularity, first reported on November 6, is the canary in the coal mine. In this rural county of Michigan’s northern Lower Peninsula, made famous by Hemingway’s Nick Adams’ stories, President Trump actually won 9,748 votes to Biden’s 5,960 votes. But the flipped tally shows Biden “winning” 7,769 votes to Trump’s 4,509 votes. The Judge vacated his order requiring the examination of the voting machines, showing an error rate of 68%, to be kept private. (The only audit conducted to date.) This, as the electors were voting to name Biden “President-Elect.” Monday
POPULAR
Taliban praise US troop withdrawal from Afghanistan
KABUL: The Taliban welcomed the latest withdrawal of US troops from Afghanistan with the insurgents' spokesman Saturday calling the continued reduction of American forces a "good advancement" even as fighting raged across the war-weary country.The Taliban's statement came just hours after the Pentagon announced it had cut troop levels in Afghanistan to 2,500, their lowest numbers during the nearly two decades of fighting.Washington struck a deal with the Taliban in Qatar last year to begin withdrawing its troops in return for security guarantees from the militants and a commitment to peace talks with Kabul.Those talks are ongoing, but have stalled amid violence and allegations of slow progress.Meanwhile the Taliban has continued its lethal assaults on Afghan security forces and civilians alike."The withdrawal of other US forces from Afghanistan, which was announced by the US yesterday, is a good advancement and practical measure," tweeted Taliban spokesman Mohammad Naeem."Undoubtedly, the practice of the agreement signed between the IEA and the US is in the benefit of both countries and nations," he added, referring to the Taliban's official acronym.Outgoing President Donald Trump, seeking to fulfil a campaign promise to end the US wars launched in Afghanistan and Iraq after the 9/11 attacks, had
Sleuths uncover a particularly brazen case of cyber-mischief
Targets included judges, MPs, journalists and ordinary people going through messy divorces
Tech World
EVEN MORE NEWS
