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Primark expects GBP650m sales hit on lockdown restrictions

2021-01-04 11:06:00| Daily apparel & textile news and comment - from just-style.com

Primark-owner Associated British Foods (ABF) has warned of a greater loss of sales resulting from the forced closure of stores across the UK and Republic of Ireland as more regions were plunged into Tier 4 last week.

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Oil Rises to Hit $52 after Trump Signs Coronavirus Aid Package

2020-12-28 15:15:00| OGI

Oil remains vulnerable to any further setbacks in efforts to control the virus, said Stephen Innes, chief global market strategist at Axi, in a note.

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UK gin sales slump as on-premise takes coronavirus hit - figures

2020-12-22 12:22:00| Daily beverage news and comment - from just-drinks.com

The sales of gin in the UK have fallen in the past year as a jump in off-premise demand failed to outpace declines in the coronavirus-impacted on-premise, new figures have shown.

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Google hit with third antitrust suit as states point to illegal monopoly in search

2020-12-18 09:01:00| Telecompaper Headlines

(Telecompaper) Google is facing a third major antitrust suit in the US, started by 38 states led by the Colorado attorney general. Similar to the case filed by the federal Department of Justice in October, the states allege Google illegally maintains its monopoly in the search market through anti-competitive practices, harming both consumers and advertisers. The suit adds the additional charge of 'search bias', accusing Google of favouring its own services in search results. 

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Covid lockdown restrictions hit retail sales

2020-12-18 08:54:12| BBC News | Business | UK Edition

Sales fell by 3.8% last month, bringing to an end a six-month streak of rising trade.

Tags: sales hit retail restrictions

 

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