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...The KitKat maker posted a drop in real internal growth — a proxy for sales volumes — of 2 per cent in the first three months of the year, lower than an expected 0.5 per cent drop....
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...David McCann, analyst at Numis, said the flows were better than expected....
...The pleasure of reading letters as opposed to a biography is that you see the life as it happens: in real, uncompressed time rather than in retrospect....
...Venture capital fund Silverstripe backs mortgage lender Perenna, rather than Silverstream as incorrectly stated in an analysis on April 23....
...Suspecting the question was more a test of my reaction than any interest in what I really thought, I responded with the most facetious answer I could think of and made an eejit of myself....
...JD shares, which fell sharply after a profit warning at the start of the year, were up more than 5 per cent on Tuesday....
...US stock futures extended their declines and government bonds came under pressure following a weaker than expected GDP figure....
...The informal sector, employing more than 70 per cent of workers, has flourished....
...Australian inflation cooled in the first quarter but was slightly higher than expected, prompting a sell off in the country’s bond and currency markets on Wednesday....
...US retail sales were much stronger than expected in March, as consumers kept spending despite uncertainty about the future path of interest rates....
...Private credit has less than 5 per cent of these types of loans, mostly packaged for insurers....
...It will take more than a shifting macro backdrop to turn these shops around. louise.lucas@ft.com...
...After all, no carmaker has yet managed to achieve mass production and Nissan’s solid-state factory remains home to hopes rather than actual machinery. david.keohane@ft.com...
...Farmed rabbit is easier to cook than wild, but the latter has more flavour. You can ask your butcher to joint it or chop it into chunks. Any additional bits such as the head can be made into stock....
...However, this was higher than the £10.2bn forecast by economists polled by Reuters....
...Europe is less hard-working, less ambitious, more regulated and more risk-averse than the US, according to the boss of Norway’s giant oil fund, with the gap between the two continents only getting wider....
...The 48-year-old, who cannot be named for legal reasons, was found guilty by a panel of five judges of making more than €14mn in profit between 2017 and 2021 from trading on inside information shared by a...
...“Near-term AI demand is a bit higher than our available capacity,” said chief financial officer Amy Hood, which would affect the computing power available to customers seeking to deploy generative AI systems...
...The S&P 500 index of blue-chip companies is up more than 9 per cent since the start of the year....
Nepotism: harder than you think
...UK wage growth was higher than expected in the three months to February, despite a weaker jobs market in which unemployment edged up, vacancies fell and more people chose not to work or look for work....
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