sector

UK food inflation hits 13.3%, retail sector data find

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UK food inflation continued to rise in December, according to new sector data that point to “another difficult year for consumers and businesses”. Annual growth of UK food prices hit 13.3 per cent in December, the British Retail Consortium said on Wednesday. That was up from 12.4 per cent in November, and the highest reading … Read more

Private sector gets a leg up as National Geospatial Policy gets introduced

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The National Geospatial Policy, unveiled by the government asks ministries and departments, envisages to “increasingly engage” the private sector for creation and development of geospatial data required by them under the liberalised regime rather than use Survey of India as an intermediary. The National Geospatial Policy, notified by the Department of Science and Technology on … Read more

Cathie Wood says this crypto crash is a massive opportunity, still sees Bitcoin soaring 6,000% to $1 million — here are her 3 big sector bets

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‘You need to go through crises’: Cathie Wood says this crypto crash is a massive opportunity, still sees Bitcoin soaring 6,000% to $1 million — here are her 3 big sector bets It probably doesn’t feel good to be a crypto investor these days. Bitcoin is down 65% year to date. And some say that … Read more

Ottawa, air sector discuss industry concerns ahead of winter travel season

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Breadcrumb Trail Links PMN Business Author of the article: The Canadian Press Caitlin Yardley Publishing date: Nov 24, 2022  •  7 minutes ago  •  2 minute read Join the conversation A ground worker walks under one of the wings of a WestJet Airlines Boeing 737 Max aircraft after it arrived at Vancouver International Airport, in Richmond, … Read more

China’s state banks seek to boost property sector with $30bn in credit lines

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China’s state-owned banks have launched a concerted effort to strengthen the finances of the country’s struggling property developers, with more than Rmb220bn ($30.7bn) being announced on Wednesday in new credit lines. Bank of Communications, China’s sixth-largest bank by assets, was the first to announce support, agreeing a Rmb100bn credit line for Chinese developer Vanke and … Read more

Deere FQ4 earnings preview: Another strong quarter ahead with ag sector tailwinds?

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Nicholas Smith/iStock Editorial via Getty Images Deere (NYSE:DE) is scheduled to announce FQ4 earnings results on Wednesday, November 23rd, before market open. The consensus EPS Estimate is $7.11 (+72.6% Y/Y) and the consensus Revenue Estimate is $13.46B (+30.9% Y/Y). The Illinois-based industrial company’s stock has significantly outperformed in 2022, rising over 18% in contrast to … Read more

Healthcare REITs suffer biggest decline this week amid challenges facing sector

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undefined undefined/iStock via Getty Images Healthcare REITs suffered the biggest decline this week as the sector continues to fight staffing challenges and profitability issues. W/W, the subsector fell 4.25% in the week ending Nov. 18, against the broader equity REITs index that was down by mere 1.62% and the S&P 500 index that decreased by … Read more

REITs Hit New 52-Week Lows This Week As Sector Slide Continues

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Weakness in the real estate investment trust (REIT) sector continues as investors dump shares. The relentless selling this week was enough to take these three REITs to new 52-week lows. It’s not a bullish sign for the group that the trend seems to be irretrievably downward this year. Investors might think that with yields backing … Read more