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AB Foods lifts FY outlook as interim profits jump
Primark owner Associated British Foods posted a jump in interim profit and revenue on Tuesday as it lifted its full-year profit outlook.
Anglo American revises diamond outlook down, JD Sports buying US retailer Hibbett
London open The FTSE 100 is expected to open 35 points higher on Tuesday, having closed up 1. 62% on Monday at 8,023. 87.
JD Sports buys US-based Hibbett for $1.08bn
JD Sports Fashion on Tuesday said it was buying US sports fashion retailer Hibbett for $1. 08bn (£878m).
Tuesday newspaper round-up: P&O Ferries, TikTok, CVC
P&O Ferries seafarers have been told they will benefit from new French legislation that could double their pay, in what appears to be a significant U-turn by the controversial ferry operator. The move comes more than two years after P&O enraged the UK and French governments by sacking 786 workers and then taking advantage of a legal loophole to hire replacements on pay rates of below the minimum wage. – Guardian.