Costcutter Bestway Owner Buys Sainsbury Stock
Sainsbury’s shares rose 4.5% on Friday, the highest since April, and leading the FTSE 100 Index.
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Economist Stephen Roach says the worst is yet to come: the United States needs a “miracle” to avoid recession.
Negative economic growth in the first half of this year points to a deep recession that could continue into 2024.
Sensex, Nifty Tank 1% Each: Five Market Factors
Benchmarks rose in trading on Friday, with the Nifty50 facing trading pressure as it neared the 18,000 mark.