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Australia

H&M's profits have been shattered after winding down its Russian biz... so it ain't chanting "nostrovia" no more

H&M had exited one of its most lucrative markets, Russia... and the results are not pleasing.

Flux team
~
1
min read
· Posted on
February 21, 2024

Porsche debuted on the share market last week and made an even better start than the late-90's Thorpedo

Porsche debuted on the share market last week and now it's the single biggest IPO in Europe in a decade.

Flux team
~
1
min read
· Posted on
February 21, 2024

IKEA is rolling out new stores that are 90% smaller than its mazey-mega-stores cos' bigger ain't always better

Ikea is known for its gigantic warehouse-like stores... but now it's trying out a new concept store that's a lot smaller.

Flux team
~
1
min read
· Posted on
February 21, 2024

Lego says lessssgoooo after a huge bounce in revenue and a price freeze until December

Despite global supply chain concerns, nothing is holding Lego back because it still managed to have a huge bounce in revenue.

Flux team
~
1
min read
· Posted on
February 21, 2024

Biotech Biogen booms after successful trial to slow down Alzheimer's.. and investors are lovin' the R&D success

Biogen is celebrating... because its trial to slow down Alzheimer's has been a success.

Flux team
~
1
min read
· Posted on
February 21, 2024

Treasury Wines Estates may have found the One in China. That's One by Penfolds of course.

Treasury Wines has launched its first Chinese-made Penfolds wine.

Flux team
~
1
min read
· Posted on
February 21, 2024
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Disclaimer: All information contained in the Flux app, www.flux.finance, www.joinflux.com, app.flux.finance and any podcast of Flux Media Pty Ltd (ABN 27 639 804 345) is for education and entertainment purposes only. It is not intended as a substitute for professional financial, legal or tax advice. While we do our best to provide accurate information on the podcast, we accept no responsibility for any inaccuracies that may be communicated.Flux does not operate under an Australian financial services licence and relies on the exemption available under section 911A(2)(eb) of the Corporations Act 2001 (Cth) and ASIC RG 36.66. Flux Technologies Pty Ltd provides general advice on credit products under our own Australian Credit Licence No. 530103. Check out our Credit Guide for more information.

All information contained in the Flux app, www.flux.finance, www.joinflux.com, app.flux.finance and any podcast of Flux Media Pty Ltd (ABN 27 639 804 345) is for education and entertainment purposes only. It is not intended as a substitute for professional financial, legal or tax advice. Flux Media Pty Ltd is the owner of the registered trade mark, 'What the Flux'. While we do our best to provide accurate information on the podcast, we accept no responsibility for any inaccuracies that may be communicated.