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...AstraZeneca, the second most valuable company on the FTSE, won investors’ approval on Thursday for a pay rise of up to £1.8mn for its chief executive Pascal Soriot....
...The UK’s FTSE 100 closed at a record high, boosted by weakness in the pound and rising expectations of interest rate cuts from the Bank of England....
...Further reading:— FTSE 100 closes at record high as sterling weakens (FT)...
...The gains mean the FTSE 100 has risen 3.9 per cent since the start of the year, outperforming the Nasdaq Composite, which is up 2.1 per cent....
...The FTSE 100 had already climbed to a record closing high on Monday....
...Sterling fell 0.4 per cent to trade at $1.232, its weakest since November....
...The UK’s blue-chip index was down 1.9 per cent by mid-afternoon on Tuesday, exceeding the 1.6 per cent declines of its peers in France and Germany. The mid-cap FTSE 250 fell 1.7 per cent....
...The FTSE 100 climbed above its all-time closing high in morning trading on Friday, as rising commodities prices boosted index heavyweights in the energy and mining sectors....
...The Japanese population fell at a rate of almost 100 people per hour in 2023 as the country logged its biggest ever annual drop since comparable records began in 1950....
...France’s Cac 40 added 0.1 per cent....
...For example, in recent decades, a swing of just 1 million barrels can swing crude oil prices dramatically even in a market supplied by roughly 100 million barrels per day....
...London’s FTSE 100 closed in on its record high on Friday as investors grew more confident that the central bank would make multiple interest rate cuts this year....
...“This portfolio is exactly what I would want DOE to do,” Dell said. “This is great. They are doing all the things.”...
...European stocks slipped from a record closing high, while London’s FTSE 100 closed out its biggest weekly gain since September....
...The index, which has lagged behind its peers in Europe in 2024, rose 1.9 per cent on Thursday....
...Shares in those seven unglamorous companies are up by an average of around 1,000 per cent over the past 20 years....
...£2,240, matching skirt, £2,600, cotton knit bra, £680, and matching briefs, £680 Gucci light-stretch-wool dress with lace inserts, £2,970 Loewe wool and cashmere Knot top, £725, and matching trousers, £1,100...
...The benchmark FTSE 100 index rose 1.4 per cent after the news, putting it on track to close at a record high....
...Brevan, which manages about $35bn in assets, is shedding just under 10 per cent of its 1,100-person workforce, according to a person with direct knowledge of the matter....
...The UK’s benchmark stock index gained 1.5 per cent on Friday thanks to strong gains for miners and financial stocks....
...The owner of Clinique and Bobbi Brown said Monday it will eliminate up to 3,100 positions from its roughly 62,000 employees....
...France’s Cac 40 rose 0.8 per cent and Germany’s Dax climbed 1.6 per cent. London’s FTSE 100 lagged behind its European peers....
...Hipgnosis Songs Fund, the listed UK music rights investment company, has agreed to a $1.4bn takeover from US rival Concord Chorus....
...London’s FTSE 100 led equity markets higher in Europe, buoyed by strong gains for supermarkets and index heavyweights in the banking sector....
...Germany’s manufacturing-heavy Dax fell 0.6 per cent and France’s CAC 40 was flat, while London’s FTSE 100 rose 0.2 per cent....
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