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...The group’s goal for 2030 is to make that 95 per cent, including the development of entirely new ingredients....
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...The backdrop is Jnane Tamsna, a hotel in Marrakech’s Palmeraie oasis, with candlelit group dinners and trips to the 11th-century Medina....
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...In 2006, the maison bought Villa Empain in Brussels, restoring the house and turning it into a Centre of Art and Dialogue between eastern and western cultures. boghossianjewels.com C is for Brunello CucinelliThe...
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...Lilah Raptopoulos No, that’s a lot. You’re asking one thing too many from this thing. Dall-E is spelled D-A-L-L dash E. It’s a portmanteau of Wall-E, the Pixar robot, and Salvador Dali....
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...This imagined figure is well-heeled, socially liberal, a small-c conservative; she has fewer interactions with the state than a red-wall Tory and is unsympathetic to the government’s culture war skirmishes...
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...L&G said there were no defaults and just 0.6% downgraded to high yield (vs market which saw 1.5%). We note L&G has a very high quality corporate bond portfolio with an average rating of single-As....
...L-f-l rents down 27%: net rental income fell down to just £87.3m which represents a l-f-l fall of 27% (excluding premium outlets), as a result of covid and the reduced rent collection rate....
...“L&G offers a 6.3% 2020E dividend yield, 1.2% above the sector average. Pre-2016 L&G's yield averaged 0.4% above the sector.”...
...We view any pull back in Lindt shares as an entry point into a quality long term growth story....
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...asset quality of IOC-like quality (LUNE, AKERBP)....
...France L&S and Italy will not pay dividends this year, and XL Bermuda is unlikely to. The slack is only partly taken up by France P&C which is over distributing....
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...According to Bloomberg, consensus is currently forecasting PBT of c£185m (giving EPS of c6.9p) in FY 2020/21 and c.£340m (12.7p) in FY 2021/22....
...While the upside from Hastings remains to be seen, inclusion of a well-run retail P&C player improves the group’s dividend stability....
...For a flavour ban bill to become law, we will need (a) a Democratic sweep, (b) change to the filibuster process in the Senate, and (c)tobacco to be a high priority for Democrats, which it currently isn’t...
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