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...The UK owner of outdoor brands Rab and Lowe Alpine has hired a former Berghaus executive as its new chief to turbocharge the growth of the brands....
...the FRC.The disclosure of accounting errors forced M&C Saatchi to adjust its headline profits before tax by £14mn and its statutory pre-tax profits by a total of £28.1mn for 2018 and previous years....
...French nuclear operator EDF has booked a €12.9bn impairment on its delayed Hinkley Point C reactor project in Britain as it negotiates with the UK government over the long-term financing for its planned...
...Among the failings on the M&C Saatchi audit, the FRC said KPMG did not apply sufficient professional scepticism over a client payment that increased revenues by £1.2mn....
...The company’s main creditor Korea Development Bank said on Friday that Taeyoung E&C, a subsidiary of the Taeyoung Group, applied for a debt workout last month with creditors, raising fears of a repeat of...
...A former S&C partner, Ryne Miller, was FTX US’s general counsel....
...I wanted a collection that was decadent but could work in a small flat in London as well as a stately home.”...
...Canadian insurance group Manulife has announced a C$13bn ($9.6bn) reinsurance deal with KKR’s Global Atlantic, freeing up C$1.2bn of capital that the Toronto-based insurer intends to return to investors...
...A 20% adoption rate would imply c£900m of industry-wide flows. In aggregate, this implies a £1.5bn net flow tailwind, with assumptions that we believe are generous. What can you say about £1.5bn?...
...Lowe’s poor eyesight and age led to her retirement in 1972. She died in 1981. As a designer, Lowe was prolific and impactful....
...Catalina Lowe is a senior associate specialising in succession and estate planning at law firm DMH Stallard...
...Read a transcript of this episode on FT.com...
...For now, C’è Ancora Domani looks set to remain a rallying point for Italy’s unfinished gender revolution....
...Where better to form a business under the name of a loved one rather than your own?...
...The only other proposed large UK nuclear power station will be a near copy of Hinkley Point C at Sizewell in Suffolk....
...Lowe’s: The retailer is forecast to report an 18 per cent revenue decline to $18.4bn in the fourth quarter, as consumers rein in spending on home improvement projects....
...(Of that, Giammetti says: “Gianni Agnelli was a friend of ours; he was a great charmer and fond of light-hearted jokes....
...Samsung C&T trades at a discount of more than 50 per cent on its net asset value. The South Korean government is keen to replicate Japan’s success in raising stock valuations....
...Along with Hinkley Point C, which EDF is already building in Somerset, the plant would provide a crucial “baseload” as the country transitions to net zero with a growing proportion of intermittent renewable...
...Australia’s government has rejected Philip Lowe for a renewed term as central bank governor, deciding instead to promote deputy Michele Bullock to implement a swath of reforms and bring inflation under control...
...But a question remained: why did H2O — whose very name was a nod to the importance of liquidity — pour its investors’ money into illiquid assets linked to a racy financier with a criminal past?...
...I met Rodrigues – a jovial bear of a man with a luxuriant Yosemite Sam moustache – at his studio in Botafogo, Rio....
...“We’re confident we can find a pathway with British authorities on Hinkley Point C and Sizewell,” Rémont told a news conference....
...and that “S&C knew, or was in a position to know, that FTX was co-mingling customer assets”....
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