Swedish retailer Hennes & Mauritz AB or H&M Group (HNNMY.PK,HMRZF.PK,HEN.L) reported Friday that its fourth-quarter result after tax was a loss of 864 million Swedish kronor or 0.53 krona per share, compared to prior year's profit of 4.62 billion kronor or 2.79 kronor per share.The results were impacted by a one-time cost of 836 million kronor for the cost and efficiency programme.Operating prof...
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May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.