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Thursday, January 31, 2019

H&M sticks to dividend despite surprise fourth-quarter profit fall

Fashion retailer H&M reported an unexpected fall in quarterly pretax profit on Thursday, hit by lingering costs to upgrade its logistics, but kept its dividend unchanged while assuring investors its group-wide overhaul was gaining traction.


from Reuters: Business News https://reut.rs/2UoDgu6

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Train drivers accept pay deal to end strike action

Aslef said 96.6% of its members who voted backed the deal, marking the end of long-running strikes. from BBC News https://ift.tt/LxCn1G9