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...Syre is aiming to produce 3mn metric tonnes of circular polyester by 2032, equivalent to a market share of about 3 per cent, it said. It is not just looking at the clothing industry....
...Ervér said his appointment was a matter for the board but that he was confident “that we have a very good direction for where we’re heading” and argued H&M’s strength was its “core business model”....
...Here’s more on the regions driving a nascent recovery in the M&A market....
...M&S’s contract with HSBC, which owns M&S Bank, is up for renewal. M&S is likely to push for more control and a bigger cut of the spoils....
...MainFT, last night: The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants...
...Basically, there’s a lot going on. [3 BODY PROBLEM TRAILER PLAYING] 3 Body Problem is a big deal because it was created by the ambitious team behind Game of Thrones, David Benioff and DB Weiss....
...The bank reported net income of $3.4bn in the first three months of the year, up from $3bn a year earlier and comfortably ahead of analysts’ estimates compiled by Bloomberg of $2.7bn....
...Investment manager M&G has reported a 28 per cent rise in profits for 2023, in the first annual results for chief executive Andrea Rossi, who has pledged to transform the company....
...Give them the right labels to be in with a chance of winning merch....
...The market had been expecting 3.1, I think. Robert ArmstrongAnd the Fed wants 2. Katie MartinThe Fed wants 2 so bad. And it was 3.1 last time. So look, this isn’t a massive rise in inflation....
...H&M’s operating margin was 3.9 per cent in the first quarter, more than double what it was a year earlier....
...I recently enjoyed staying at a Premier Inn Hub at Tower Hill, London, a converted office block where my father worked for many years....
...Partly because it’s been subject to some MainFT scrutiny as a potential M&A candidate recently....
...The group is split into an active asset management arm, a life insurance and pensions business and a financial advice business. M&G’s share price rose by about 2 per cent in morning trading....
...In the final quarter of 2023 there were an estimated 142 completed inward M&A transactions involving a change in majority share ownership....
...Emeritus Professor Albion M UrdankUniversity of California, Los Angeles, US...
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...Vandevelde, 73, is presently a director at the company and will replace chief executive Fabien Simon at the start of April on an interim basis and lead a search for a new CEO....
...the FRC.The disclosure of accounting errors forced M&C Saatchi to adjust its headline profits before tax by £14mn and its statutory pre-tax profits by a total of £28.1mn for 2018 and previous years....
...M&C Saatchi: Shares in the British marketing agency slipped 2.3 per cent after its full-year results showed a 2 per cent fall in revenues and a 10 per cent drop in profit before tax....
...A showdown is looming at Disney’s annual meeting on April 3. It could be a tight contest....
...Bristol Myers Squibb raised $13bn in a large bond deal on Wednesday that will help fund two acquisitions....
...H&M has appointed Daniel Ervér as new chief executive of the group, succeeding Helena Helmersson. Ervér has been with H&M for 18 years, most recently as the head of the H&M brand....
...The overall value of global M&A climbed 30 per cent to $690bn, the data showed, even as the total number of deals announced fell 31 per cent.The rebound in dealmaking comes after M&A activity plunged to...
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