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Category EXPLORE

Fox beats Wall Street revenue expectations

Fox Corporation beat Wall Street’s first-quarter revenue expectations after a rise in political advertising before the US presidential election. The broadcaster reported an 11 per cent rise in revenue to $3.56 billion, beating analysts’ forecasts of $3.37 billion. Advertising revenue…

H&M issues profit warning after sales miss target

H&M Group’s pursuit of global fast-fashion supremacy appears to be slipping further out of reach after the retailer warned that it would fall short of its annual profitability targets. Daniel Ervér, its chief executive, said the group had dropped its…

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