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South Africa's Pick n Pay hit by energy, store revamp costs

Pick n Pay, South Africa's second-biggest supermarket chain, reported a 16.3% fall in annual earnings on Thursday, hit by costs related to store revamps and unprecedented power cuts. ....

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Terex (NYSE:TEX) Earns "Maintains" Rating from 58.com

58.com reissued their maintains rating on shares of Terex (NYSE:TEX – Get Rating) in a research note published on Wednesday morning, Benzinga reports. A number of other research analysts have also weighed in on TEX. Deutsche Bank Aktiengesellschaft raised their price target on shares of Terex from $51.00 to $53.00 and gave the company a […] ....

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Sri Lanka apparel exports to drop by $1 bln in 2023-trade body

Sri Lanka's apparel export earnings could slump by $1 billion this year, a top industry expert said on Wednesday, as slowing global demand hits the crisis-hit South Asian country. ....

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