Party pooper

Reuters

Capsule wardrobe

British retail sleepwalks into Amazon-ageddon

High-street headaches

Real estate relegation

Tesco demonstrates the art of the subtle U-turn

Retail no man's land

UK food shoppers are feasting on choice. They still visit Tesco and Sainsbury's in much the same numbers, but they spend less in each. This pick 'n' mix approach to shopping, visible in data released by Kantar Worldpanel on June 1, shows customers are no longer a captive audience. That is a challenge to the grocery business model that the Big Four have yet to solve.The largest stores - Tesco, J Sainsbury, Walmart's Asda and Wm Morrison - all saw sales decline in the 12 weeks to May 22, according to Kantar Worldpanel data. Cheap German rivals Lidl and Aldi are the beneficiaries. A hopeful sign, though, is that shopper numbers contracted just 0.2 per cent in the period for the four largest retailers. Customers are still coming, but spreading their spend more thinly.A decade ago, the idea that consumers ruled the roost would have seemed unthinkable. Competition regulators pored over data to examine the extent to which big supermarkets had captured their customers. That led to concepts lik

Cherry pickers

Carried away

Investors may rue framing art as an asset class

Brush with risk

Nokia could spend a year on holdNokia's new bulk is yet to provide rivals with the scare they feared. The Finnish telecoms equipment group's first set of numbers since a ^15.6-billion tie-up with France's Alcatel-Lucent saw a nine per cent first-quarter sales drop compared to a year ago. But peers like Ericsson won't be celebrating too much.Nokia's main headache came in its networks business unit. The division, which accounted for more than half of total group revenue of ^5.6 billion in the quarter, sells mobile network services to the 800-plus global carriers. But it is slowing as customers invest less in their networks. Nokia doesn't expect the second quarter to be any better.It could be a temporary blip. Part of the problem for Nokia is that sales in North America, its largest market, fell 17 per cent as customers like AT&T and Verizon held off buying from the new group - ostensibly as they are waiting for its product strategy to become clearer.But there's a longer term issue. W

Network effects

Luxury groups should focus their FOMO on Iran

Lux seeks

The British Museum should ask for more from BP

Slippery business

Luxury groups could shrink their way to riches

Honey, I shrunk the company

Hermes shows real luxury is a scarce asset

Scarcity sells

Luxury faces tough quest for next big market

Hunting for bling

Art world revamp might come from investor-collectors

White wash

$179-mn Picasso shows art and QE in fine fettle

Pointing upwards

Chanel's China price cut signals luxury turbulence

Unfashionable cut

Vuitton revamp helps LVMH face Asian gloom

Mixed bags

The Uttar Pradesh Public Service Commission (UPPSC) announced the prelims admit cards for the Provincial Civil Services Prelims exam 2024 which is scheduled to take place on December 22

College students, students

The uptick in the Godawari Power & Ispat share price came after the company announced that it has entered into an agreement with GAIL (India) or the supply of RLNG Gas

Market, BSE, NSE, NIfty, Stock Market, investment

Apple has released iOS 18.2, iPadOS 18.2, and macOS Sequoia 15.2, introducing the second batch of Apple Intelligence features such as support for OpenAI's ChatGPT within Siri and Writing Tools

Apple Intelligence features with iOS 18.2 on iPhone 16

The policy agenda marks a stark shift in tone for the solar sector, which is a major beneficiary of subsidies contained in outgoing President Joe Biden's landmark 2022 climate change law

Donald Trump, Trump

Those covered by public pension insurance will be allowed to open private pension accounts and invest up to 12,000 yuan

Xi Jinping, Jinping, China President

Sitharaman said that intergenerational debt is mounting on countries, and it is important for the government and industry to work together to manage debt at the national and sub-national levels

Nirmala Sitharaman, Nirmala

Vijay Kedia portfolio stocks: Ace investor Vijay Kedia held 2.10 per cent or 2 million shares in PCL as on September 30, 2024, shareholding pattern data shows

spare car parts, automobiles

The Jubilant Group's Bhartia family is investing Rs 5,000 crore and the remaining amount is being financed by Goldman Sachs, which has pledged to fund a special purpose vehicle for the deal

cocacola

Stocks to Watch, Dec 12: From Swiggy to Jubilant Foodworks, here are some stocks that will be on investors radar today

Stock Market, BSE, Nifty, Capital

Stocks to Buy Today: Infosys share price has recently broken out of a three-month consolidation phase and reclaimed its all-time high. We expect this upward momentum to persist

Infosys

The stock hit a new high of Rs 3,948, surpassing its previous high of Rs 3,919.90 touched on June 3 and rallied 13 per cent in 12 trading days

construction

As FMCG shares led by Godrej Consumer fell up to 11% on Monday post the volume growth concern; the Nifty FMCG index slipped below its 20-DMA after a two-week struggle; chart hints at further 4.5% dip.

Stock Market, Market, Crash, Funds, up, Stock, Gain, Lost, decline, statistic, Crisis, Capital, BSE, NSE

The new visa allows most holders, including Indians, to work in Australia for up to four years, with a five-year option for Hong Kong passport holders

Australia visa

The ruling AAP on Monday voiced concern over the
bomb threats received by several schools in Delhi, and accused the BJP-led Centre of failing to ensure safety of city residents.
Aam Aadmi Party (AAP) supremo Arvind Kejriwal said in a post on X that Delhi never witnessed such poor condition of law and order and demanded Union Home Minister Amit Shah answer the people of the city.
Around 40 prominent schools in Delhi received bomb threats on Monday morning, a police official said. The majority of schools have asked the students to go back to their homes.
Chief Minister Atishi charged that the Centre has failed in its only responsibility of providing safety to the people of Delhi.
In a post on X, she said from routine crimes of extortion, murders and shootings now the schools are receiving bomb threats.
"Delhi never had such pathetic law and order. The BJP led central government has failed in its sole responsibility to provide safety to the Delhi people," she charged.
Senior AAP le

Arvind Kejriwal, Arvind, Kejriwal

The Telangana State Public Service Commission (TSPSC) will release the hall tickets for the Group 2 Examination 2024 today, December 9, at official website, www.tspsc.gov.in

TSPSC Group 2 2024

Moreover, 70 per cent of India's public chargers are concentrated in metropolitan hubs, leaving rural and semi-urban areas woefully underserved

electric vehicle

Union Minister Dharmendra Pradhan on Monday attacked Congress leader Rahul Gandhi over protests by opposition members in Parliament complex and termed him "comedy king" who is trying to stay relevant.
Leaders of some INDIA bloc parties on Monday protested in Parliament complex over the Adani row, with Gandhi conducting a mock 'interview' over the issue with Congress members wearing masks of Prime Minister Narendra Modi and industrialist Gautam Adani
"Rahul Gandhi is indulging in what he does best  Stand-up comedy! His malicious claims and rants have crumbled under the weight of comprehensive investigation every time. Playing the role of a pawn to perfection, he yet again attempts to mislead despite his misinformation campaigns failing to cut ice with the people of India," Pradhan wrote on X tagging a video of the protest.
"Electoral verdicts since 2014 are a thundering testament that there are absolutely no takers for his stale, recycled propaganda. Such a clumsily crafted hit job i

Dharmendra Pradhan, Dharmendra, Pradhan

The Bharatiya Janata Party has accused Congress president Sonia Gandhi of links to an organisation funded by the George Soros Foundation, which supports the idea of Kashmir as an independent nation

George Soros

BP's retreat from offshore wind reflects a similar trend at rivals Shell and Equinor, which are trying to boost near-term profits by spending more on higher-return oil and gas operations

bp logo

Delhi has seen the highest number of spam calls, followed by Andhra Pradesh and Western Uttar Pradesh. Most spam calls originated in Delhi, with Mumbai and Karnataka next

Carol Ryan

Carol Ryan

Carol Ryan

Party pooper

Capsule wardrobe

High-street headaches

Real estate relegation

Retail no man's land

Cherry pickers

Carried away

Brush with risk

Network effects

Lux seeks

Slippery business

Honey, I shrunk the company

Scarcity sells

Hunting for bling

White wash

Pointing upwards

Unfashionable cut

Mixed bags

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UPPSC PCS prelims admit card 2024 out; here's how to check and download

Godawari Power & Ispat shares rally 8%, hits record on inking MoU with GAIL

Apple Intelligence: What's new in platform updates for iPhones, iPads, Macs

US solar industry shifts focus from climate in strategy for Trump era

China to expand private pension scheme from Dec 15 for ageing population

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Reducing debt burden priority for next decade, says FM Sitharaman

This Vijay Kedia portfolio stock surged 18% today; zoomed 105% in 4 months

Bhartia family to acquire 40% stake in Hindustan Coca-Cola for Rs 12,500 cr

Stocks to Watch, Dec 12: Jubilant FoodWorks, SBI, Vedanta, Swiggy, Emami

Ajit Mishra of Religare Broking suggests these three stocks to buy today