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...H&M has signed a $600mn deal with Syre to buy enough of the start-up’s production in the next seven years to cover about half of its total need for recycled polyester....
...Ervér said his appointment was a matter for the board but that he was confident “that we have a very good direction for where we’re heading” and argued H&M’s strength was its “core business model”....
...“They’re moving fast to put the latest technology to use,” Gong added, noting that there is a wide range of potential partners in China to produce in-car entertainment systems that include internet connectivity...
...And if you’re in Didsbury, south Manchester, go and buy the San Sebastián cheesecake from the Turkish Sweet Centre....
...When Street secured re-election in 2021 of the region that has a population of nearly 3mn, he increased his majority over Labour from 1 to 9 percentage points....
...We’re still living in interesting times. One good read American big-box store sells lots and lots of small bits of metal....
...“If you’re a Conservative, you’re really cross because it’s your flagship policy and it hasn’t delivered,” she says. “And if you’re Labour, well, hey — we thought it didn’t work and it hasn’t.”...
...William SandlundWell, the government has come out with recent reforms where they’re starting to use the market valuation of these companies to assess senior management....
...The agency cited China’s transition away from “property-reliant growth” as a source of increased uncertainty in its re-rating announcement, which came late on Tuesday night in the US....
...“If you’re forced to the pawnshop, it’s not a good sign. And effectively they’re at the pawnshop.”...
...We’re going to pay for the bridge.” Read more here...
...Police have been re-examining claims that the deputy Labour leader may have broken electoral law when she was living between two homes in Stockport in the years before she became an MP in May 2015....
...They’re pushing for more favourable lending terms and pauses in repayment when natural disasters strike, among other things....
...H&M’s operating margin was more than 20 per cent in 2010 but has fallen since then, and was last above 10 per cent in 2017....
...“What matters are volumes, and when we compare volumes out of China, they’re running at record highs.”...
...William WallisWell, speaking to people in local government, they’ve certainly welcomed that. And they’re also fully aware that state finances are under severe pressure all round....
...“They’re probably going to hold off until exports slow down or property gets even worse,” he said....
...We’re going to pay for it to get the bridge rebuilt and open.” Early on Tuesday, rescue officials in Baltimore said two people had been removed from the Patapsco river....
...China’s finance ministry said the agency “failed to effectively anticipate the positive role of fiscal policies in promoting economic growth”. William Sandlund Are US consumers still spending?...
...So there was a time when the US understood that it could exert influence on Israel and in one instance — in the George H Bush presidency — actually succeeded in doing so....
...The writer is a former investment banker and author of “Power Failure: The Rise and Fall of an American Icon” We’re right in the middle of proxy-fight season in corporate America, and I, for one, increasingly...
...“We’re doing the best of anybody,” Powell said. “We’ve got the strongest growth and the lowest inflation of the advanced economies.”...
...“What we’re looking at is an ideology, a pattern of behaviour and a certain set of beliefs or actions,” he said....
...And FT climate reporter Aime Williams has an item on investment opportunities in climate adaptation....
...And while we’re at it, maybe we should go back to the future and, like Lawson, require half of that money to be invested back into the UK market....
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