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...Lars Fruergaard Jørgensen, chief executive of Novo Nordisk, Europe’s largest pharma group by market capitalisation, was paid DKr68mn (£7.8mn) last year....
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...Sterling was down 0.7 per cent against the dollar at $1.2469 in early afternoon trading in London, pushed lower by a broader surge in the dollar....
...The Russian central bank raised its key interest rate for the fifth time in a row on Friday to 16 per cent, an increase of 1 percentage point from its last decision in October, amid growing concerns about...
...UK growth will pick up to 1.5 per cent in 2025, according to the IMF, but that is also 0.1 percentage point weaker than the fund’s January outlook....
...That is below a peak of 6.22 per cent last July but well above the 1.29 per cent average in 2020 and 2021, when interest rates stood at 0.1 per cent....
...self-storage group Lok’nStore and UK supermarket chain Tesco: Société Générale: Shares in the French bank edged up 3.5 per cent after it announced the sale of its equipment financing arm to BPCE for €1.1bn...
...Tabayer gold Oera bracelet (just seen), £16,500 Helmut Lang cotton top, £255, and viscose tailored trousers (just seen), £1,050....
...Retail free cash flow, which was down slightly at £2.06bn this time around, is expected to come within the target range of £1.4bn-£1.8bn....
...Shares in WuXi AppTec and WuXi Biologics fell 16.6 per cent and 9.7 per cent, respectively. Both stocks have lost almost half their value since the start of the year....
...Japan’s Topix fell 0.8 per cent and South Korea’s Kospi dropped 1.3 per cent. China’s CSI 300 and Hong Kong’s Hang Seng index lost 1.7 per cent and 0.9 per cent, respectively....
...The price of gold, a haven asset, rose 1.7 per cent to $2,382 a troy ounce, setting a new record. Allies including US President Joe Biden have urged Israel to take a measured approach in its response....
...It is the highest number since 2000, and almost double the 20-year average of 16.7 work stoppages a year in the US....
...The Indonesian rupiah slipped 2 per cent to 16,176 against the dollar, its lowest point in four years, as markets in Jakarta reopened after a week-long holiday....
...The IMF on Tuesday said it expected UK inflation to drop from 7.3 per cent last year to 2.5 per cent in 2024 and 2 per cent next year....
...The worst-performing areas were the south west of England and East Anglia, where house prices fell by 1.7 per cent and 1.3 per cent....
...In a boost to households hit by the cost of living crisis, survey respondents said they expected to lift prices by 3.7 per cent in the year ahead, down from 4.1 per cent in February and the lowest since...
...Chief operating officer Craig Boundy has made the most of this bounce, selling 226,166 shares for over £7.2mn on January 16....
...Sales of branded goods pushed just ahead of own-label items, with sales increasing by 6.1 per cent and 4.7 per cent, respectively, in the past four weeks....
...The European Commission said the flash estimate of its consumer confidence indicator for the eurozone fell 1 point to minus 16.1 this month, missing economists’ forecasts for a reading of minus 14.3....
...The group said it would launch a €1.6bn share buyback and raise its dividend by 16 per cent compared with the previous year....
...The group’s profitability inched up in 2023, to an underlying operating margin of 16.7 per cent compared with the previous year’s 16.1 per cent....
...Far-right ministers in Israel piled pressure on Benjamin Netanyahu to spurn a broader hostage-for-prisoner release deal with Hamas, even as the Palestinian militant group released another 16 people and talks...
...It said discounters Lidl and Aldi registered the fastest annual sales growth of 14.7 per cent and 13.2 per cent respectively compared with 7.9 per cent across the grocery sector....
...The increase marked the first time since December 2021 that the measure has been above zero, and puts it well above its long-run average of minus 1.7....
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