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...Nobelius said Syre was in talks with “all the major global brands” such as flat-pack furniture pioneer Ikea and “see a good interest to join as an investor or as an offtaker”....
...Some analysts and investors have urged the group, whose shares are three-quarters controlled by its founding Persson family, to appoint an outsider to shake up the retailer and its strategy....
...A person familiar with its deal said that the two private equity firms would take an equity stake of about $1bn for just over 50 per cent of the firm, with more than $900mn coming from H&F....
...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...
...Donald H MalcolmCardross, Dunbartonshire, UK...
...She said the role was personally “very demanding” and that it was not an “easy decision” to step down....
...Analysts had expected an average of SKr1.4bn. H&M’s operating margin was 3.9 per cent in the first quarter, more than double what it was a year earlier....
...We think the chance of an inflation narrative volte-face in the next few months is particularly high because of the dominance of shelter inflation....
...Todd H Baker is a senior fellow at Richman Center for Business, Law and Public Policy at Columbia Business School and Columbia Law School Loan accounting in a bank should be straightforward, delivering...
...Robert H Wade Professor of Global Political Economy London School of EconomicsLondon WC2, UK...
...We saw this online yesterday (h/t @quantian1): . . . “97% of the public agrees” that Basel III Endgame is “bad for working Americans”? What does that even mean?...
...Some H&M investors and analysts have privately suggested that an outsider is needed to shake up the Swedish group....
...The H&M partnership is an unexpected win for the budding label, which has been entirely self-funded and remains independent....
...As befits an AI proxy, Intuit doesn’t look cheap on 36 times forward earnings. Smaller rival H&R Block trades on a multiple of only 12 times....
...One way in which an otherwise insatiable demand for aged care provision might be met is by using robotics to provide such care....
...In the lead-up to the 1992 US presidential race between Bill Clinton and George H.W. Bush, strategist James Carville famously quipped “It’s the economy, stupid.”...
...Thomas H, an employee in the equipment and information technology service of the Bundeswehr, is “suspected of having worked for a foreign secret service”, the attorney-general’s office said....
...“There was an opportunity at this meeting for the Fed to push back [against a June cut] and they didn’t.”...
...But the dip reflected an upwards revision for January, when prices rose more quickly than previously thought....
...James Grzinic, an analyst at Jefferies, said the results “confirm just how much stronger than the rest of its peer group” Inditex has become....
...In an August 2019 tweet, Trump wrote his “only question is, who is our biggest enemy” — Powell or Xi Jinping, the Chinese president....
...UK events: The government launches an auction round for renewable power projects estimated to be worth more than £1bn. GMB union members at Amazon in Birmingham begin a two-day strike....
...like a mistake, we’ve added a festive Jerome Powell-themed design to our Redbubble store: — Jerome Powell, Christmas Saviour (black text)— Jerome Powell, Christmas Saviour (white text) You can also find an...
...The Federal Reserve’s rate-setters still expect to make about three quarter-point rate cuts this year, its chair Jay Powell said in an interview that aired on Sunday....
...“We’re dealing with record high employment, so that [should] seem quite positive, but the inflation shock is clearly still weighing,” said Bert Colijn, an economist at Dutch bank ING....
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