H&M fourth-quarter pretax profit lags consensus, keeps dividend unchanged

Swedish fashion retailer H&M reported on Thursday an unexpected fall in fiscal fourth-quarter pretax profit, hit by lingering costs to upgrade its logistics systems, but kept its annual dividend payout unchanged.

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German cabinet to hold secret session on Huawei's role in 5G network: Report

The German cabinet will hold a secret session on Wednesday to discuss safeguard measures regarding the possible participation of China's Huawei Technologies in building Germany's 5G network, the daily Handelsblatt said, citing government sources. from Latest http://bit.ly/2UI6lRu

2 held for robbing railway passengers in Thane

Two robbers were arrested by the police for targeting five railway passengers within a span of two hours over the weekend, officials said on Wednesday. from Mumbai News: Latest Mumbai News Headlines, Coronavirus News, BMC Elections 2022 Updates from Mumbai - Times of India https://ift.tt/w8BSvTG

Fed to raise interest rates once more in third quarter, then done: Reuters poll

The U.S. Federal Reserve will remain patient for a little longer than thought just last month, waiting until the third quarter before raising rates once more, and then stay on the sidelines, a Reuters poll of economists showed. from Latest https://ift.tt/2HAfCro

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