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...It said full-year results next week would include “an update on further initiatives” to turn the business around under new chief executive Adam Winslow....
...Elsewhere on Monday… — Trading floor shut in London (New York Times, see also) — An apology for January (The Fence) — Geoff Harcourt: what Adam Smith really said (The Political Economy of Development)...
...Presenting his first set of full-year results on Thursday, just weeks after he joined the group, Adam Winslow said Direct Line had a “strong platform for recovery”....
...Direct Line acknowledged Ageas’s decision and said it was “well positioned to drive material improvement in performance that is expected to unlock significant value” for its shareholders under new executive Adam...
...It is time to conceive a way of working as revolutionary as that described by Adam Smith, the 18th-century Scottish philosopher and economist, in his theory of the division of labour illustrated by the example...
...Adam Neumann has submitted a conditional bid of about $600mn for WeWork, the bankrupt co-working company he led until 2019, according to three people briefed on the matter....
...Unveiling his first set of full-year results on Thursday, just weeks after he joined the group, Adam Winslow said Direct Line had a “strong platform for recovery”, after a return to profit allowed the group...
...US economic security: Washington is seeking to defend the rules-based international order with unruly, self-interested interventions, writes Adam Tooze....
...He had met the co-head of Barings’ private finance group Adam Wheeler years earlier, when Wheeler worked at Australian firm AMP Capital, although Weightman said that this brief encounter had no bearing on...
...The news comes just two days before Adam Winslow starts as Direct Line’s new chief executive and faces the challenge of turning around the business after a bruising 18 months....
...Take a break from the news Scarves are a bold statement piece, whether tied as high as you like and wrapped around, or leaving a sliver of flesh showing from the chin to the Adam’s apple, or in the very...
...Without a clear prospect of reintegrating with the EU, the UK risks becoming a backwater of Adam Smith’s regional economy....
...‘We overlooked how resilient people are’: Former central banker Adam Posen talks policy, rates, productivity, China and AI with the authors of Unhedged. Read the full interview....
...“While incomes have stagnated for poorer households, middle- and higher-income households will be considerably worse off at the time of the next polling day than they were at the last one,” said Adam Corlett...
...Today’s big read The reappearance this week of WeWork co-founder Adam Neumann caught creditors in the co-working giant by surprise and added to the chaos of an already messy bankruptcy process....
...Insurer Direct Line has poached Adam Winslow, a senior executive at rival Aviva, to be its new chief executive, as it seeks to recover from a string of profit warnings....
...The claim by Adam Steensberg follows a 100 per cent surge in the company’s share price in the past year....
...Adam Neumann is trying to buy WeWork out of bankruptcy, claiming he has Wall Street backing to take control of the company he was ousted from after racking up billions of dollars of losses....
...Our reporter Adam Samson visits Antakya, capital of Hatay province, where residents say despite outward signs of progress, they face problems accessing clean water and other basic needs....
...Paul Smith cotton/silk socks, £41 Models, Adam Larkin, Alec Lermon, Boo Mehmet and Khari Madu at Xdirectn; Ayobami, Ayokunle and Ayooluwa Oyesanwo and Warren at Kids London Ltd; Bear Cox at Present; David...
...“Looking back, there were potential opportunities missed at the time,” Smith added....
...In a lawsuit filed yesterday, the office of New York mayor Eric Adams said it was seeking $708mn in compensation from the companies....
...UK motor insurer Direct Line has poached Adam Winslow, a senior executive at rival Aviva, to be its new chief executive as it seeks to recover from a string of profit warnings amid spiralling inflation in...
...Sebastian Mallaby, ‘The Man Who Knew: The Life & Times of Alan Greenspan’ (2016) Favourite: The Money Game, by “Adam Smith”....
...Just ask the ghost of Adam Smith. gillian.tett@ft.com...
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