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...However the people said would-be bidders have expressed reservations about agreeing a deal because of ongoing losses at Yoox Net-a-Porter....
...German lawmakers have voted to legalise consumption and possession of cannabis, but stopped short of turning the country into the world’s largest regulated market for the drug by licensing its wholesale...
...Hedging means much of the earnings hit will be delayed until after next year....
...Wholesale energy costs provide a timely measure of the price pressures consumers might face in the coming months....
...The surge in wholesale prices since late 2021 helped fuel a rise in inflation and Britain’s cost of living crisis....
...National Energy Action, a fuel poverty charity, warned that 6mn households would still be in “fuel poverty” from April — defined as spending 10 per cent or more of income on energy....
...“We’ve had increases in energy costs, increases in wages and increased theft of fuel so all these costs have to be paid for,” he said....
...Battery storage facilities earn revenue by buying and selling power in the wholesale market and can also be paid by National Grid’s ESO to store and discharge power to smooth out supply and demand....
...Insights’ estimates should be close to the mark....
...Andrea Rossi told the Financial Times he wanted M&G to be a “European leader in private assets” as he unveiled strong full-year results for the FTSE 100 asset manager....
...“We are involved in that process, and we could be interested in investing in that, but the risk and reward return has to be right,” he said....
...be damaging if repeated....
...US retail sales: Economists expect US retail sales to have increased 0.8 per cent month on month in February, which would be a rebound from a 0.8 per cent decline in January....
...Delta’s fourth-quarter earnings are expected to have fallen from a year ago.Wholesale prices: The producers’ price index, a leading inflationary indicator tracking wholesale prices, is expected to have risen...
...The plant’s capacity will be announced later, the company said....
...Dr Martens said its wholesale order book for autumn/winter in the US was “significantly down” year on year, while its costs were rising....
...may need to be amended to address any reporting deficiencies arising from the BF Borgers engagement.”...
...With wholesale, the brand doesn’t get presented the way that we want it to. And the margins are not as good.”...
...After the 1830-31 Polish uprising against tsarist rule, “expansionist and savage came to be the widely held views of Russia in the British parliament, the press and informed opinion”, writes Emerson, vice-chair...
...The US regulator said the firm, BF Borgers, and its founder, Ben Borgers, were responsible for “one of the largest wholesale failures by gatekeepers in our financial markets”....
...It now forecasts full-year earnings to be “moderately below the bottom end” of consensus expectations of £223.7mn to £240mn....
...Now that would certainly be interesting to investors. alan.livsey@ft.com...
...It forecast an expansion of 1 per cent in 2025, which would still be weaker than expected in many of the world’s major economies....
...The official inflation figure for April will be published on May 22....
...“There is, without doubt, an enormous amount of capital around looking to be put into debt....
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