{"id":10775,"date":"2026-01-09T09:30:45","date_gmt":"2026-01-09T09:30:45","guid":{"rendered":"https:\/\/microvibenews.com\/?p=10775"},"modified":"2026-01-09T09:30:45","modified_gmt":"2026-01-09T09:30:45","slug":"sainsburys-upbeat-glencore-confirms-rio-tinto-talks-daily-business","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=10775","title":{"rendered":"Sainsbury&#8217;s upbeat, Glencore confirms Rio Tinto talks \u2013 Daily Business"},"content":{"rendered":"<p><\/p>\n<div>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2016\/06\/Sainsburys-Local-.png\" alt=\"Sainsbury's Local\" class=\"wp-image-27390 lazyload\"\/><img loading=\"lazy\" fetchpriority=\"high\" decoding=\"async\" width=\"1252\" height=\"846\" src=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2016\/06\/Sainsburys-Local-.png\" alt=\"Sainsbury's Local\" class=\"wp-image-27390 lazyload\" srcset=\"https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2016\/06\/Sainsburys-Local-.png 1252w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2016\/06\/Sainsburys-Local--600x405.png 600w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2016\/06\/Sainsburys-Local--300x203.png 300w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2016\/06\/Sainsburys-Local--768x519.png 768w, https:\/\/dailybusinessgroup.co.uk\/wp-content\/uploads\/2016\/06\/Sainsburys-Local--1024x692.png 1024w\" sizes=\"(max-width: 1252px) 100vw, 1252px\"\/><figcaption class=\"wp-element-caption\"><em>Sainsbury\u2019s gained market share for the sixth consecutive Christmas (pic: Terry Murden \/ DB Media Services)<\/em><\/figcaption><\/figure>\n<p class=\"has-medium-font-size\">Sainsbury\u2019s reported strong third-quarter trading for the 16 weeks to 3 January, with total retail sales (excluding fuel) up 3.9% year-on-year, driven by a 5.4% increase in grocery sales. <\/p>\n<p class=\"has-medium-font-size\">The company achieved grocery market share gains for the sixth consecutive Christmas, with fresh food sales growing 8% and the premium Taste the Difference brand seeing 15% growth. <\/p>\n<p class=\"has-medium-font-size\">Despite a 1.1% decline in General Merchandise and Clothing, and a 1% drop at Argos, Sainsbury\u2019s maintained its outlook for retail underlying operating profit exceeding \u00a31 billion. The company reaffirmed its commitment to returning over \u00a3800 million to shareholders.<\/p>\n<p class=\"has-medium-font-size\">The figures follow positive festive trading statements from Marks &amp; Spencer and Tesco.<\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<p class=\"has-medium-font-size\"><strong>Unite Students<\/strong><\/p>\n<p class=\"has-medium-font-size\">Unite Students says 64% of beds are sold for the 2026\/27 academic year, slightly behind last year\u2019s 67%, but the company anticipates continued demand and rental growth of 2-3% for the upcoming academic year, compared to 4% in 2025\/26. <\/p>\n<p class=\"has-medium-font-size\">The company has reiterated its full year guidance and said the acquisition of Empiric Student Property is expected to complete later this month.<\/p>\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n<p class=\"has-medium-font-size\"><strong>Glencore-Rio Tinto <\/strong><\/p>\n<p class=\"has-medium-font-size\">Mining and trading company Glencore has confirmed it is in preliminary merger discussions with Rio Tinto.<\/p>\n<p class=\"has-medium-font-size\">It could involve an all-share merger where Rio Tinto acquires Glencore via a court-sanctioned scheme of arrangement. <\/p>\n<p class=\"has-medium-font-size\">There is no certainty that any transaction or offer will be agreed upon, nor as to its terms or structure. Rio Tinto is required to announce a firm intention to make an offer or state its intention not to by 5pm on 5 February.<\/p>\n<p><!-- Simple Share Buttons Adder (8.5.3) simplesharebuttons.com -->           \t            <\/div>\n<p><script>\n!function(f,b,e,v,n,t,s)\n{if(f.fbq)return;n=f.fbq=function(){n.callMethod?\nn.callMethod.apply(n,arguments):n.queue.push(arguments)};\nif(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\nn.queue=[];t=b.createElement(e);t.async=!0;\nt.src=v;s=b.getElementsByTagName(e)[0];\ns.parentNode.insertBefore(t,s)}(window,document,'script',\n'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n fbq('init', '1192059580980274'); \nfbq('track', 'PageView');\n<\/script>#Sainsburys #upbeat #Glencore #confirms #Rio #Tinto #talks #Daily #Business<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Sainsbury\u2019s gained market shar&hellip; <\/p>\n","protected":false},"author":1,"featured_media":10776,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[266,1687,265,757,3430,7999,8000,460,8003,8001,8002],"_links":{"self":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/10775"}],"collection":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10775"}],"version-history":[{"count":0,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/posts\/10775\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=\/wp\/v2\/media\/10776"}],"wp:attachment":[{"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10775"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10775"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/microvibenews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10775"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}