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...Justin Hance, a portfolio manager at Harris Associates, Glencore’s 13th largest shareholder, backed the Teck deal, saying the proposed demerger of the enlarged coal business would create value “by highlighting...
...On Tuesday Aurelius appointed FRP Advisory as administrators for The Body Shop’s UK business....
...Earlier this week, administrators were called in for the group’s UK arm. The next day, The Body Shop’s German unit filed for bankruptcy....
...Among them was retired NHS nurse Robyn Harris and husband Paul who purchased four leases between 2016 and 2019....
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...The company’s founders, entrepreneurs Angus Thirlwell and Peter Harris, together own more than 54 per cent of the company....
...In 2020, AEL had repelled an unsolicited joint bid from Apollo’s Athene unit, which had partnered with MassMutual....
...He was considered a frontrunner in part for his experience running its high-pressure trading and investment banking units. But the soon-to-be CEO still has something to prove....
...Barclays has hired Alishba Ali as a managing director leading UK consumer and TMT in its international corporate banking unit. She was previously at JPMorgan....
...Brazilian meat group JBS has shut down its US plant-based food unit, Planterra Foods. However, venture capital firms have not given up the sector altogether....
...It also doesn’t appear threatened by activists pushing it away from oil, or by asset managers like BlackRock....
...A hands-on leader, he prefers the title “product manager” to chief executive. Remarkably, Telegram has only 50-or-so full-time staff, including a team of 30 elite handpicked engineers....
...The scandal was revealed just two weeks after Sérgio Rial, the former head of Santander’s Brazil unit, took the helm at Americanas....
...A common unit of exchange would be an “ultimate vehicle” towards achieving both. Digital currencies, such as Tether and Bitcoin, were already offering alternatives....
...The report was released the same day the $6.05bn sale of the Commanders to Josh Harris was approved by the NFL....
...In 2020, AEL repelled an unsolicited joint bid from Apollo’s Athene unit, which had partnered with MassMutual....
...That is evident in the move in Treasuries,” said Adam Abbas, co-head of fixed income at Harris Associates....
...UK wealth manager St James’s Place has poached its new chief investment officer Justin Onuekwusi from rival Legal & General Investment Management....
...But subsequent reviews found the gap reappears with changes in the labour market and the company, as it bought and integrated new units. The company raises salaries to close the gap each March....
...The takeover will result in tens of thousands of job cuts at Credit Suisse, with its domestic unit and its investment bank taking the biggest hit, according to people familiar with UBS’s plans....
...Speeding up our response, this is the main goal,” said Debs Delbart, the programme manager of Meta’s strategic response team....
...“It’s monkey see, monkey do,” John Hathaway, senior portfolio manager at Sprott Asset Management, told the FT....
...They pay a fortune to buy or rent a luxury unit nearby and then the kids live with the maid, the manager and the communicator.”...
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