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...patrick.jenkins@ft.com Bid for lunch with Patrick at London’s Carlton Brasserie and raise money for the FT’s charity the Financial Literacy and Inclusion Campaign (FLIC). ...
...This division, L&G Capital, announced in May its first US investment, committing $500mn to a partnership funding property in the life sciences and technology sectors....
...The two Orient Express-branded yachts are being constructed by French shipbuilder Chantiers de l’Atlantique and are expected to launch in early 2026 and early 2027, respectively....
...Asahi, Kirin’s Japanese rival, owns Foster’s brewer Carlton & United Breweries....
...With his early career spent in the kitchens of L’Arpège in Paris and San Domenico in Emilia-Romagna, Café Carmellini is the theatrical culmination of exquisite French and Italian cuisine — think Dover sole...
...Meanwhile in Europe, strategists at Goldman Sachs have termed 11 stocks with strong balance sheets that are driving the markets as ‘GRANOLAS’: GSK, Roche, ASML, Nestlé, Novartis, Novo Nordisk, L’Oreal, LVMH...
...Website; Directions The divine new spa at Claridge’s is the fruit of a seven-year project to burrow underneath the hotel to create five new floors, including a wine shop and a new chef’s table restaurant, L’...
...Early next year Rocco Forte Hotels will take over and reopen The Carlton, another Quadrilatero stalwart, after a multimillion-euro renovation with its own tranche of new restaurants and retail....
...Just outside Grenoble, the Col de l’Arzelier resort, for example, was founded in 1967 and by the 1980s had six lifts....
...Stuck in the past Barclays’ big reshuffling seems trivial compared with more pressing problems, writes the FT’s Patrick Jenkins, as its outdated business model threatens to undermine progress at the top....
...‘From Breakthrough to Blockbuster: The Business of Biotechnology’, by Donald L Drakeman, Lisa Natale Drakeman and Nektarios Oraiopoulos Medtech, pharmatech and biotech are firmly established in the start-up...
...Alex Israel contributed the enormous trompe-l’oeil mural depicting birds of paradise plants along the main stair....
...patrick.jenkins@ft.com...
...Meanwhile, L Catterton, the private equity firm backed by LVMH, has acquired a 60 per cent stake in Italian fashion group Etro....
...“All of this is going to have an impact on banks’ P&L [profit and loss accounts] that is going to be non-trivial,” said one banking adviser....
...Sycamore, a private equity group, has tried to walk away from buying a controlling stake in Victoria’s Secret, claiming the retailer’s owner, L Brands, breached the terms of the merger agreement when it...
...MBS: The Rise to Power of Mohammed bin Salman , by Ben Hubbard, William Collins, RRP£20, 384 pages Malise Ruthven is the author of ‘L’Arabie des Saoud: Wahhabisme, violence et corruption’ (La fabrique)...
...Also on the Art Basel rooms (June 19-26) will be a vast, four-part work by Kara Walker, “(Fons Americanus archive)” (2019, 245.1cm x 753.1cm), shown by Sikkema Jenkins gallery....
...Investcorp, which declined to comment, has invested in several Saudi family businesses, including gold and jewellery maker L’azurde, which was founded in 1992 by Abdulaziz Saleh al-Othaim....
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...Bernstein’s Inigo Fraser-Jenkins has done a note about index membership as part of his long-running “passive investing is worse than Marxism” series....
...One of the reasons may be an asymmetry of knowledge between the agencies and their users, the FT’s Patrick Jenkins writes....
...In case auditors were in any doubt after an excoriating review from the Competition and Markets Authority and a castigation of the regulator, the Financial Reporting Council, by L&G chairman John Kingman...
...L&G will provide the funding over the next decade to build subsidised homes for staff, accommodation for graduates and market properties in the notoriously unaffordable city....
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