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...At the time when she and Machin were appointed co-CEOs, Nick Bubb, an independent retail analyst, described the move to appoint co-chief executives “not just a fudge, but an M&S fudge”....
...Cider-apple grower Bob Wadey farms 42,000 trees on 167 acres in Somerset, producing 2,000-3,000 tonnes of apples a year that are sold to Showerings cider....
...In your front page report by George Parker, Sam Fleming and Delphine Strauss, “Reeves recalls Brown’s fiscal rule with pledge to borrow only for investment” (March 20), you note that Gordon Brown, Tony Blair...
...The energy sector was up 1.2 per cent during lunchtime trading, making it the best-performing sector in the S&P 500 on Monday....
...Gains for stocks accelerated in the final hour of trading to leave the S&P 500 up 0.9 per cent....
...The reinsurer was at the heart of 777’s “insurance funding model”, according to 2021 pitch documents that said 777 Re sat between third party insurers and 777 portfolio companies....
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From Tom Orchard, Manchester, UK
...Wall Street’s S&P 500 was down 0.1 per cent. Consumer discretionary, industrials and tech were the benchmark’s worst-performing sectors, down 0.5 per cent, 0.4 per cent and 0.3 per cent, respectively....
...Wall Street’s S&P 500 was down 0.1 per cent on Monday....
...Gains for stocks accelerated in the final hour of trading to leave the S&P 500 up 0.9 per cent on Wednesday....
...Wall Street’s S&P 500 was down 0.2 per cent in mid-morning dealings on Friday, and leaving it up 2.2 per cent week-to-date. That is set to be the benchmark’s biggest weekly gain since December....
...Meanwhile, at M&S, co-chief executive, Katie Bickerstaffe, who oversaw the group’s digital, data and technology operations, will step down in July after less than two years to pursue other board roles....
...Berkshire and the S&P 500 If your entire equity portfolio had to be in either the S&P 500 or Berkshire Hathaway, which would be the better choice?...
...Since closing the IHS deal, S&P’s share price is up about 13 per cent, slightly lagging its benchmark S&P 500 index....
...S&P Global Ratings has made a hefty revision to its US economic forecast, citing a bigger than expected expansion at the end of last year and a labour market that looks more solid than a month ago....
...The head of F1’s governing body told the FT last week it was “damaging the sport”....
...The average number of defaults for the same period in the years 2010-23 was slightly more than 16, according to the S&P data....
...The Nobel and Pulitzer Prize-winning author Pearl S Buck amassed a personal library that fills two rooms of her 19th-century Pennsylvania farmhouse....
...overseas co-head is made the scapegoat and fired....
...— in line with 2023’s figure....
...The S&P 500 was headed for a record closing high as traders assessed US inflation data that unexpectedly increased last month....
...(Isonomia Quarterly) — The cruelty of crypto (Aeon) — Fragile juggernaut: A history of US labour activism and the CIO (Haymarket Originals) — The Ballad of Barrett Brown (New York Magazine $) — Floating...
...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....
...The S&P 500 isn’t at such extremes today....
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