Day: March 14, 2025
Sterling lost some ground versus the dollar on Friday after data painted a grim picture of the British economy, and it softened against the euro as prospects of a German debt deal lifted the shared European currency. https://t.co/N2XiXwdDA4 pic.twitter.com/3bwPLCvF1U
— Reuters (@Reuters) March 15, 2025
George Cipolloni of Penn Mutual Asset Management said market turbulence has led to a ‘very noteworthy’ outperformance of value stocks over growth stocks, while a sizable loss in the ‘wealth effect’ has deepened concerns about the state of the consumer pic.twitter.com/8CwetkPXjx
— Reuters (@Reuters) March 15, 2025
Struggling British supermarket Asda has warned that required investment in lowering prices and improving product availability and ranges will “materially reduce” profit this year, sending shares in rivals tumbling on fears of a step up in competition. https://t.co/xQ3ViTvuuB pic.twitter.com/OLYUq2MEzK
— Reuters (@Reuters) March 15, 2025
A European business lobby group urged China to take steps not to prioritise low prices over product safety in the country’s centralised drug procurement programme. https://t.co/uiRqeNO4Ev pic.twitter.com/gFG4chpJ6Z
— Reuters (@Reuters) March 15, 2025

