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...Lars Fruergaard Jørgensen, the chief executive of Novo Nordisk, Europe’s largest pharma group by market capitalisation, was paid Dkr68mn (£7.8mn) last year....
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...Shares in DS Smith were down 1.7 per cent at 403p on Tuesday. Mondi declined to comment....
...Excluding one-time expenses, BofA’s earnings exceeded expectations, falling 13 per cent to $7.2bn in the three months....
...AI investment has ballooned in the 18 months since the launch of OpenAI’s ChatGPT in November 2022....
...Micron added 38.1 per cent, AMD rose 22.4 per cent, and Broadcom increased 18.7 per cent. Intel lost 12.1 per cent from January to March....
...For the 24 weeks to October 1, total revenue rose 22 per cent year-on-year to £150mn and statutory pre-tax profit was up by 39 per cent to £3.9mn....
...Shareholders will vote later today on a plan to raise Soriot’s pay by £1.8mn to a maximum of £18.7mn in 2024....
...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...
...Patients were waiting for almost 7.54mn appointments, compared with 7.58mn at the end of January, NHS England data showed on Thursday....
...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....
...Average house prices increased 1.1 per cent last month and by 1.7 per cent last year, Halifax said on Friday....
...Its all-in sustaining cost for the first half was $1,287 (£1,025.03) an oz, flat compared with the year before. Guidance for the full year has been tightened to $1,325-$1,350 an oz from just $1,350....
...Lumping it in with the Mag 7 was a mistake....
...Japan’s Topix declined 0.7 per cent, Hong Kong’s Hang Seng index added 0.4 per cent and China’s CSI 300 gained 0.1 per cent. India’s Nifty 50 was flat in early trading....
...China’s largest chip manufacturer, Semiconductor Manufacturing International Corp, has lifted its capital expenditure forecast for 2023 to $7.5bn, an 18 per cent increase, citing new factory infrastructure...
...This is the grim reality that has been in existence since Hamas’s attack killed 1,200 people, according to Israeli officials....
...Expedia’s shares fell 18.7 per cent on the day, their biggest drop since March 2020, with Booking Holdings falling 3.1 per cent and TripAdvisor down 2.6 per cent....
...The headline consumer sentiment index slipped to a reading of 67.7 in September from 69.5 per cent last month and missed economists’ expectations for 69.1....
...In contrast, US small-caps currently trade at a 13.7 per cent discount, while European large-caps are at a discount of 7.3 per cent and US large-caps a premium of 4.2 per cent, Cooper said....
...a dazzling Bulgari “Fireworks” choker necklace, in white gold and diamonds ($12,000-18,000)....
...Douglas needs to raise €1.1bn to reduce net debt from the current 4 times ebitda to a more reasonable 2.7 times. The sooner the better, too....
...The $34bn portfolio suffered a 1.7 per cent loss last year, mainly because of the underperformance of the portfolio....
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