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...According to S&P Global, in the first nine months of 2023 global private equity investments had an aggregate value of $365.3bn, a decline of 44 per cent year over year....
...He added that the issue would become a serious concern to markets “in the next six to 12 months as something that matter[s] a lot”....
...The group last month reported a record net loss of Rmb48.9bn ($6.7bn) during the first six months of this year....
....* For owner Restaurant Brands International, Burger King is the meat of its portfolio. The business accounts for 29 per cent of total group revenues but 42 per cent of its adjusted ebitda....
...His hope is that instead of customers trading up from McDonald’s, they might trade down from restaurants....
...Virtual Brand Group would not say how many have been sold so far, but even lofty targets of a million by the end of this year would be a blip on Forever 21’s income statement, Hochberg acknowledges, though...
...Bath & Beyond jumped as much as 55 per cent on Wednesday as the most actively traded stock on the S&P 500, before slipping back on Thursday....
...The government prohibited indoor smoking in restaurants and offices last year. Such bans should worry Japan Tobacco....
...ESPN’s subscribers have dropped from 88m to 77m from 2017 to 2021, according to S&P Global....
...Mentions of adjusted ebitda during S&P 500 company earnings calls are up more than 50 per cent since 2015, according to Zion Research Group. Many look better than standard numbers....
.... — Andrew Edgecliffe-Johnson ICCR questions Pfizer’s Covid-19 windfall When Pfizer chief executive Albert Bourla goes into a restaurant and gets “a standing ovation because everybody feels that we saved...
...Wall Street’s blue-chip S&P 500 index gained 0.8 per cent in New York, climbing for a second day to reverse the entirety of Monday’s sharp drop....
...Shares in the group rose 3.5 per cent to SFr110.48 in afternoon trading....
...The ambitious private equity-backed group behind Arby’s sandwich shops and Buffalo Wild Wings is in talks to acquire Dunkin’ Brands for nearly $9bn....
...Inspire, based in Atlanta, controls $14.6bn in annual sales and 11,000 restaurants through a network of more than 1,400 franchisees....
...John Varley was CEO of Barclays Group Follow @FTMag on Twitter to find out about our latest stories first....
...The billionaire’s personal investments include property in Manhattan’s Tribeca district and Long Island restaurants. He also once owned a stake in the Beats headphone brand....
...But the global managing partner of H & S’s financial services practice, Jenni Hibbert, says this “retrenchment” will be temporary....
...Two years ago he set up The Craftory, an investment group backing consumer goods companies “driven by strong progressive causes”, including groups making plant-based foods, gender-neutral underwear and eco...
...Sales at casual restaurants, which slumped amid lockdowns in March, have bounced back with a vengeance....
...“Happy restaurant workers = alpha,” Bank of America said....
...US group Impossible Foods has also applied to the region’s food safety authority for permission to sell its plant-based burgers....
...The CRO position is an unexpected next act at the $183bn tech group for Mr Patterson, who at 52 is one of the FTSE 100’s younger former chief executives....
...A version of this article was first published by Nikkei Asia on January 29 2021. ©2021 Nikkei Inc....
...Former NBA basketball star Shaquille O’Neal, who joined Papa John’s board in March, also agreed to become its newest brand ambassador and invest in nine Papa John’s restaurants in the Atlanta area....
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