WELLS Fargo Co reported a nearly 21% drop in first-quarter profit on Thursday, as rising inflation

SYDNEY: Australian retail sales easily sped past forecasts for a third straight month in March as spending built ahead of steam that should help the country weather this week’s rise in interest rates. Data from the Australian Bureau of Statistics yesterday showed retail sales jumped 1.6% in March to a record A$ 33. 6bil( US$ 23. 9bil or RM104. 05bil), handily topping forecasts of a 0.6% gain. That came hot on the heels of hefty gains in January and February and left sales up a stellar 9.4% on a

23%.... The quarterly divided slash comes months after a May 2 report from short-selling firm

inflation under control in the next couple of years.A quarterly survey from accountants Deloitte

A year ago, it reported a profit of$ 8.1 billion, or$ 15.79 a share, for the first quarter.... And sales in its advertising business, where brands pay to get their products to show up first when shoppers search on Amazon’s site, rose 25%. Still, the slowdown in online spending is real and broad-based.... But growth has slowed as vaccinated Americans feel more comfortable going out....

A year ago, it reported a profit of$ 8.1 billion, or$ 15.79 a share, for the first quarter.... And sales in its advertising business, where brands pay to get their products to show up first when shoppers search on Amazon’s site, rose 25%. Still, the slowdown in online spending is real and broad-based.... But growth has slowed as vaccinated Americans feel more comfortable going out....

TOKYO: Japanese households’ inflation expectations have risen to a more than two-year high

inflation under control in the next couple of years.A quarterly survey from accountants Deloitte showed a

KUALA LUMPUR: Logistics company Tasco Bhd reported a surge a quarterly revenue and profit as

TOKYO: Japan’s wholesale inflation remained near record-high levels in March, as the Ukraine crisis