South Africa's Pick n Pay reported an almost 91% jump in half-year earnings and has identified 3 billion rand ($207.5 million) in additional cost savings till 2025 as part of its turnaround strategy, the grocery retailer said on Wednesday.
Japanese stocks dropped on Monday on disappointing earnings, with semiconductor-related shares among the hardest hit, taking their cue from falls in U.S. tech firms on poor earnings and concerns about the Federal Reserve's tapering.
South Africa's Pick n Pay reported an almost 91% jump in half-year earnings and has identified 3 billion rand ($207.5 million) in additional cost savings till 2025 as part of its turnaround strategy, the grocery retailer said on Wednesday.
Global shares got a tech boost to help tee up a third straight week of gains on Friday, despite growing inflation concerns, while the dollar dipped and oil prices bounced off their lows.