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...Daniel Ervér, the 42-year-old company veteran who became chief executive on Wednesday, told the Financial Times that H&M would use improvements in profitability and cash flow last year to invest in its customer...
...Apply that system to February 2024, UK inflation stats for which will drop next week, and you get: (4pp [Jan 2024 y-o-y rate] – 1.1pp [February 2023 m-o-m rate]) + ???...
...Emeritus Professor Albion M Urdank University of California Los Angeles, US...
...In my normal day-to-day life I wear a lot of black and I’m quite unassuming. But it’s your special day so why not go all out and make it really big?...
...“I’m feeling good about this being early-to-mid cycle for the classic investment banking, capital markets business around the world,” said Pick, who took over from longtime chief James Gorman in January....
...Chief executive Elon Musk has already warned that growth during 2024 would be “notably lower” than last year’s levels....
...Dennis M Kelleher Co-founder, President and Chief Executive, Better Markets, Washington, DC, US...
...The complaints of import-competing companies deserve more scrutiny. As do the assumptions of the current cohort of geopolitical grinches in western governments....
...I’m certainly planning to pose all the questions I’m receiving from big business on all of the above to chair Khan at an event I’m doing with her at the Carnegie Endowment for International Peace on Wednesday...
...“I’m happy to buy living artists because in a way I support artistic creation in the making. Yes, I have some big names, but there’s no vanity play — that’s why I never call myself a collector....
...Well, here is a technically markets-y question for you two. This is from Simon Hoddinott — I hope I’m pronouncing your name right — from Milan, Italy....
...The annual boondoggle in the Crescent City is the perennial opportunity to take the pulse of M&A activity....
...Independent advisers such as Evercore gained popularity as big banks were tarred with damaging headlines....
...“I’m trying to create a pathway for people like me, to be able to see what is possible and to be able to be in those rooms [where deals are done].”...
...“I’m not saying it’s good but in America you have a lot of AI and no regulation, in Europe you have no AI and a lot of regulation. It’s interesting,” he added....
...But the chief executive, 75, dislikes discussing succession plans with outsiders....
...Bank of America has tapped Lukas Poensgen as head of M&A for Germany, Austria and Switzerland, and Juan Vilarino Rumeu as head of M&A for Iberia....
...It owns significant infrastructure, such as the major EV charging grid in the US, handing it a big advantage over rivals. Its Model Y was the world’s top selling car of any kind in 2023....
...I’m not a gambling man. I sometimes play the EuroMillions, but that’s as far as it goes....
...He added: “I’m comfortable and confident that we’ll be able to manage the monetisation transition here well.” Other companies are joining the spending spree on AI....
...A growing number of health-conscious consumers rejecting beer, wine and spirits represents “a big opportunity”, said the chief executive of Japan’s biggest brewer Asahi, who forecast zero- and low-alcohol...
...“I’m fighting for the taxi rank [in front of Tate Britain’s main doors], then that whole space can be green. And I’m dying to get a cycle path.”...
...“The relentless M&A and the de-equitisation, the lack of refilling the hopper is starting to bite quite hard,” he said. “I’m not convinced the IPO market is going to open soon.”...
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