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...Horner, 50, has led Red Bull Racing since early 2005, shortly after the late Dietrich Mateschitz, founder of the drinks company, bought the F1 team....
...Cotton represents about 60 per cent of H&M’s material needs, while polyester accounts for about a fifth....
...Daniel Ervér, the 42-year-old company veteran who became chief executive on Wednesday, told the Financial Times that H&M would use improvements in profitability and cash flow last year to invest in its customer...
...Red Bull Racing declined to comment. Austrian energy drinks company Red Bull, which owns the team, did not immediately respond to a request for comment....
...But until that happens, the bulls are on top. (Wu & Armstrong) One good read Dan McCrum on the rise of Temu: “How does a $200bn company own less than $150mn worth of hard assets?”...
...“I can’t comment on anything that’s confidential between an employee and the company,” Horner said in a press conference on Thursday....
...It’s a tale of unusually concentrated returns, further inflamed by the mania for artificial intelligence, which is seen as a boon mainly for the biggest companies....
...Austrian energy drinks company Red Bull, which also has interests in football and extreme sports, launched a probe into Horner’s behaviour earlier this month, in response to what it called “certain recent...
...It is true that some similarities notwithstanding, today’s isn’t the anatomy of a 1990s-style bubble. Equally, we don’t have the conditions that support a sustained equity bull run....
...Shares in fast-fashion retailer H&M jumped more than 13 per cent in early trading after the company reported rising operating profits in its first quarter, signalling that it is on track to increase profitability...
...The Swedish company has responded to more than a decade of falling margins by focusing on profitability in recent months, targeting a 10 per cent operating profit margin this year....
...But for F1, the Red Bull drama is a major, unwanted distraction. The head of F1’s governing body told the FT last week it was “damaging the sport”....
...Red Bull confirmed that the complainant had the right to appeal against the decision. “Red Bull is confident that the investigation has been fair, rigorous and impartial,” the company said....
...“After being made aware of certain recent allegations, the company launched an independent investigation,” Austrian energy drinks company Red Bull, which owns the team, said, without giving any details of...
...Horner has denied the allegations, a spokesperson for Red Bull’s racing arm confirmed to the Financial Times. Read more here...
...There has been a lot of hard work to get the company to a better place when it comes to profitability, cash flow and sustainability....
...Robert H Wade Professor of Global Political Economy London School of EconomicsLondon WC2, UK...
...“We are not such a huge company that we can delegate the work, and I didn’t want a situation where we would have to work overtime everyday,” he says....
...Benjamin H Bradlow Assistant Professor of Sociology and International Affairs, Princeton UniversityPrinceton, NJ, US...
...It was a busy, buzzy Friday night at Notting Hill’s Coronet Theatre, where the 30-artist, 16-day Taiwan Festival was entering its second week with Taipei’s Hung Dance company....
...“Higher interest rates should lead to more good companies succeeding and bad companies failing, but I think markets were very focused on what policymakers like the [US Federal Reserve] would do.”...
...Martin P Levy H Blairman & Sons, London SW1, UK...
...Shrinking workforces and the need for new skills point to a long-term bull market in talent. That is helpful for the (qualified) jobseeker and the recruitment companies trying to reel them in....
...That it is willing to do so for a relatively low price is a reflection of its troubled life as a public company....
...UK equity bulls need to hold their horses. The blue-chip FTSE 100 index has hit new record highs this week — a year after it did the same and then slipped back....
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