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...Is the younger Douglas particularly religious? “I’m not, but I’m proud to be a member of the tribe. My mother was Episcopalian and as I grew up, I wasn’t considered a Jew....
...Some industry executives question Holcim’s commitment to decarbonising the “whole construction industry” when its M&A activity has not solved the notoriously “hard-to-abate” carbon footprint problem facing...
...In 2024. hell for private equity firms is a clogged IPO market and a backdrop of dormant M&A interest. They have been trapped with a “towering backlog” of an estimated $3tn of assets to sell....
...“Eating better will require business, so I’m sure [the Brazilian agro sector] will continue to grow.”...
...Kenza Bryan Yes....
...I'm in one of the fragile bogs of northern England's Lake District. A damp and difficult task is under way here; rewetting a landscape which for centuries was deliberately drained of its water....
...“I’m very happy with them.” This article has been amended since publication to clarify that the valuation Douglas is seeking includes debt...
...[MUSIC PLAYING] Michela Tindera I’m Michela Tindera from the Financial Times....
...Susannah Streeter, head of money and markets at Hargreaves Lansdown, said M&S’s “bread-and-butter customers” had “higher disposable incomes, which is partly why the chain is showing such resilience”....
...If you’re like, oh, I’m just going to take this injection and eat whatever I want, I’m going to go have like three Big Macs, you know, like, that’s not like we all know that’s not what we should be doing...
...I’m given a less exciting plate of turbot with a white bean purée....
...“I’m against the Mercosur agreement with the European Union. It’s an accord that’s completely contradictory with what [Lula] is doing in Brazil and with what we are doing....
...“I’m quite happy about it and I [shall] go on working for as long as I want to.”...
...“The relentless M&A and the de-equitisation, the lack of refilling the hopper is starting to bite quite hard,” he said. “I’m not convinced the IPO market is going to open soon.”...
...Joanna S Kao That was the FT’s Kenza Bryan. Thanks, Kenza. Kenza Bryan Thanks....
...Douglas Webster and Douglas Mitchell were particularly grateful in 1929 for the whisky someone had left behind at Corrour, which they used for hot toddies to wash down their “hoosh” (Antarctic survival stew...
...Dear reader, After a week off, I’m catching up on the Lex column’s output myself. And there is plenty to chew over....
...Later this year, I’m going to have a conversation with the president of China. KB With Xi [Jinping]. In what context?...
...“If it’s not Boeing, I’m not going,” was long a cherished slogan of the aircraft giant....
...“After a long line of pretty arrogant (male) CEOs at Boeing, I’m hoping that she will bring some normality.”...
...The best book I’ve read in the past year is Young Mungo by Douglas Stuart....
...Why The property was designed in the 1950s by Douglas Snelling, an Australian architect who drew on Southern Californian style and built the house as his family home....
...And I share those concerns and, quite frankly, I’m very worried. Mourão turned to me and he said: ‘I’m very worried too’.” Mourão’s spokesman declined to comment....
...Bryan Armour, director of passive strategies research, North America at Morningstar, broadly agreed with the findings....
...I’m rounding off the week of Stephen’s holiday to bring you today’s edition, packed with high drama at Holyrood. Humza gambles on his future Who’s the most powerful politician in Scotland?...
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