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J B Hunt said fourth quarter sales increased 4% to $3.65 billion and net income declined to $201 million from $242 million and diluted earnings per share fell to $1.92 from $2.28 a year ago.

Burberry Group sales comparable sales in December quarter increased 1% and rose 11% excluding mainland China.

Microsoft said it plans to lay off 10,000 workers and take a one-time charge of $1.2 billion or 12 cents per share.

The Bank of Japan left its key short term interest rates at -0.1% and said it will maintain its ultra-low policy stance despite the rising inflation pressures.

Wholesale price inflation slowed to 6.21% in December, the smallest increase since March 2021. On a monthly basis, prices fell 0.5%, the largest decline since April 2020.