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Primark sales growth slows, impacting ABF stock

Associated British Foods (ABF) has published a trading update for the second half of its financial year, which concludes on September 13, 2025. Following the company's cautious outlook, its shares experienced a sharp decline in London trading. According to The Wall Street Journal, the stock plunged by as much as 12 percent—to its lowest price in...

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Business

Primark to slash 150 jobs across international workforce

Budget retailer Primark is preparing to cut approximately 150 jobs across locations in Ireland, the UK and the US. Around 100 of these redundancies are expected to roll out at the company’s international headquarters in Dublin, reflecting 7 percent of its 1,500 strong workforce in the city. The proposed job cuts are said to be in the People &...

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