What a week in wealth. Inflation has taken another surprise jump up, which means interest rates will – for now – keep going up. And that means your precious super
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Colgate-Palmolive Q4 Base Business Profit Declines; Organic Sales Up 8.5%
Colgate-Palmolive Company (CL) reported that its fourth-quarter Base Business gross profit margin decreased 250 basis points to 55.6%, including a negative 90 basis point impact from private label sales resulting
Continue reading »The RBA’s interest rates dilemma just got more complicated
Anyone who’s been on a domestic holiday this summer can probably attest to the jump in prices – whether that’s for accommodation, airfares, or the cost of takeaway fish and
Continue reading »UK Car Production Falls Most In Over 6 Decades Despite Record EV Output
UK car production declined at the fastest pace in 66 years during the year 2022, as global chip shortages and structural changes hampered output coupled with weaker exports, while electrical
Continue reading »German Business Confidence At 7-Month High On Stronger Expectations
Germany’s business confidence improved further as expected at the start of the year to the strongest level in seven months, as companies were considerably less pessimistic about the future, although
Continue reading »Sri Lanka Central Bank Keeps Rates Steady Amid Economic Crisis
Sri Lanka’s central bank kept its key interest rates unchanged on Wednesday as runaway inflation showed signs of slowdown, and amid the country’s negotiations with the International Monetary Fund to
Continue reading »Dystopian future: The brave new world according to the world’s economic elite
Data technology is accelerating from a polka to a lightning-fast tarantella. Algorithms will start to “help” and then displace doctors over the next decade because they are statistically better at
Continue reading »Americans plan to increase Valentine's Day spending despite squeezed budgets
video How long do consumers have before they run out of money? Wealth Consulting Group CEO Jimmy Lee joins “Mornings with Maria” to discuss the markets ahead of the PPI
Continue reading »Eurozone Private Sector Expands For First Time In 7 Months
Eurozone private sector returned to growth at the start of the year after six consecutive months of contraction, raising hopes that the region might escape recession, flash survey results from
Continue reading »Can AI giant Appen survive the big tech carnage?
Nothing has exemplified the local tech sectors fall from grace quite like Appen, the artificial intelligence player that has seen its fortunes plunge recently, revealing just how reliant it is
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