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Top News In அடுத்தது ஜெநரேஶந் நவீனமயமாக்கல் வழி நடத்து Today - Breaking & Trending Today

Next : Britain's Next expects profit bounce as economy recovers

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LONDON (Reuters) - British fashion retailer Next forecast a big rebound in current year profits as the economy recovers after they were halved in 2020-21 by the COVID-19 pandemic which shuttered the company s stores.
Simon Wolfson, Next s chief executive, said his best guess was that the consumer economy, at least in the short term, would be healthier than many presume.
It seems likely that a combination of pent-up demand along with a healthy overall increase in personal savings will serve to keep the consumer economy moving forward, he said.
Wolfson expects an immediate pick-up in trade when, as per Prime Minister Boris Johnson s roadmap out of lockdown, non-essential shops reopen in England on April 12. ....

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Britain's Next expects profit bounce as economy recovers

3 Min Read
LONDON (Reuters) -British fashion retailer Next forecast a big rebound in current year profits as the economy recovers after they were halved in 2020-21 by the COVID-19 pandemic which shuttered the company’s stores.
FILE PHOTO: Shoppers walk past a Next store on Oxford Street in London, Britain December 17, 2018. REUTERS/Simon Dawson
Simon Wolfson, Next’s chief executive, said his best guess was that the consumer economy, at least in the short term, would be healthier than many presume.
“It seems likely that a combination of pent-up demand along with a healthy overall increase in personal savings will serve to keep the consumer economy moving forward,” he said. ....

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LISTEN: Author Jennifer De Leon On Returning To Her Roots

NEXT s Morgan Springer interviews author Jennifer De Leon.
Jennifer De Leon grew up attending mostly white schools in the Boston area, where she tried to fit in.
“I was in this mode of survival and assimilation,” said De Leon, an author and assistant professor of creative writing at Framingham State University in Massachusetts.
Then in her mid-20s, De Leon realized she wanted to reconnect with her family’s Guatemalan heritage. That discovery is one of the themes of her new book, “White Space: Essays on Culture, Race and Writing.” De Leon lays bare her personal experience of trying to reconnect with her roots as she travels to Guatemala, and explores her own relationship with the Spanish language. ....

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Commerzbank takes the next steps in restructuring

Commerzbank takes the next steps in restructuring
DJ Commerzbank takes the next steps in restructuring
Commerzbank Aktiengesellschaft (CZB)
Commerzbank takes the next steps in restructuring
01-Apr-2021 / 15:35 CET/CEST
Dissemination of a Regulatory Announcement, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.
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- Socially responsible reduction of 1,700 full-time equivalents by the end of 2021 through a voluntary redundancy
programme agreed with the Central Works Council
- Chief Human Resources Officer Sabine Schmittroth: This is an important step in the necessary headcount reduction
- Provisions totalling around EUR470 million to be booked in the first quarter ....

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Commerzbank : takes the next steps in restructuring

Erik Nebel +49 69 136 44986

About Commerzbank
Commerzbank is the leading bank for the German Mittelstand and a strong partner for around 30,000 corporate client groups and around 11 million private and small-business customers in Germany. The Bank s two Business Segments - Private and Small-Business Customers and Corporate Clients - offer a comprehensive portfolio of financial services. Commerzbank transacts approximately 30 per cent of Germany s foreign trade and is present internationally in almost 40 countries in the corporate clients business. The Bank focusses on the German Mittelstand, large corporates, and institutional clients. As part of its international business, Commerzbank supports clients with German connectivity and companies operating in selected future-oriented industries. Following the integration of comdirect, private and small-business customers benefit from the services offered by one of Germany s most advanced direct banks combined with per ....

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