The South African rand weakened on Tuesday, pressured by global risk aversion tied to a fragile truce in the Middle East, while investors also braced for planned anti-immigration demonstrations in Africa's largest economy.
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Sainsbury's LSE:SBRY, Britain's second-largest supermarket group, on Tuesday joined industry leader Tesco LSE:TSCO in reporting slower underlying sales growth in its first quarter, though it left its full-year profit guidance unchanged.The group, which has a UK grocery market share of 15.3%, said l…
German retail sales unexpectedly rose in May, increasing by 1.1% compared with the previous month, data showed on Tuesday.Analysts polled by Reuters had predicted retail sales to remain unchanged.The federal statistics office publishes more details on its website.
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German import prices increased by 6.8% year on year in May, the statistics office said on Tuesday.Analysts polled by Reuters had predicted a 6.5% increase.The statistics office offers more detailed economic data on its website.
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