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...As new data showed the economy flatlining, chancellor Jeremy Hunt and his deputy John Glen made clear their desire to cut business taxes, including by extending the flagship “full expensing” capital allowance...
...George P CsicseryZala Films, Oakland, CA, US...
...As they garner more information about their companies — assuming it is positive — they hold fast. Of course it cuts both ways....
...US road carnage / From George P Csicsery, Zala Films, Oakland, CA, US...
...Stocks had been poised to open higher but the S&P 500 dropped 0.2 per cent in early trading after John Williams, head of the New York Federal Reserve, said that rate cuts were not the priority for policymakers...
...Forbes, an effective former minister and savvy parliamentarian, would struggle to garner Green support, said Harvie, who questioned her social conservative views and criticism of the progressive taxation...
...Adam Fein, president of Drug Channels Institute, said Amazon Pharmacy “continues to garner attention . . . beyond its actual impact on the pharmacy industry”....
...“Invesco worked tirelessly to garner these rights in respect of the company....
...Former Nationwide chief executive Joe Garner, who led the report, also said retailers felt “trapped” by having to take cards as the use of cash was declining....
...Lloyd’s boss John Neal told the Financial Times that the incident had the potential to produce the largest marine insurance claim in history, topping the crash of the cruise ship Costa Concordia in 2012,...
...Lululemon’s shares have surged 49 per cent over the past 12 months — easily beating a 4.6 per cent rise for the S&P Retail Select Industry index....
...On Friday, New York Fed president John Williams said the US was on track to cut interest rates “later this year”....
...Australia’s S&P/ASX 200 was flat. On Friday, New York Federal Reserve president John Williams said the US was on track to cut interest rates “later this year”....
...john.plender@ft.com...
...Full year net income of $7.3bn was up from $4.2bn the previous year and ahead of the $6.9bn pencilled in by Wall Street analysts, according to S&P Capital IQ....
...Sales at Berkshire’s home building group, which includes the modular home builder Clayton Homes and roofing maker Johns Manville, also rose....
...Investors were very, very excited by all this news and the S&P 500 jumped by 1.4 per cent. We’ll get even more monetary policy news soon....
...Today it’s very different,” said John Wolff, chief investment officer for the public equities fund at venture capitalist Insight Partners....
...“It’s an auction for people who enjoy Elton John and his music....
...Peltz secured a board seat for his son-in-law, and then in October 2018 got Immelt’s successor John Flannery replaced by CEO Larry Culp....
...That euphoria has yet to be duplicated, though the IPOs in 2020 saw an average of 50 per cent first-day returns relative to the S&P 500....
...ing] uncapped exposure to the S&P 500, while buffering against the possibility of significant losses”....
...Quantitative skills: Real Madrid strikes €360mn events deal for revamped stadium People: P&O Ferries sacks 800 sailors and halts crossings for days Business growth: Brompton to fold up London base as capital...
...But funds gained 6.1 per cent on average, compared with the S&P 500’s 26.3 per cent gain....
...This story has been amended to clarify the job titles of John McAuley and Richard Duffield at Citi....
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