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...AstraZeneca, the second most valuable company on the FTSE, won investors’ approval on Thursday for a pay rise of up to £1.8mn for its chief executive Pascal Soriot....
...The UK’s FTSE 100 closed at a record high, boosted by weakness in the pound and rising expectations of interest rate cuts from the Bank of England....
...Further reading:— FTSE 100 closes at record high as sterling weakens (FT)...
...100 Years of Surrealism....
...The gains mean the FTSE 100 has risen 3.9 per cent since the start of the year, outperforming the Nasdaq Composite, which is up 2.1 per cent....
...The FTSE 100 had already climbed to a record closing high on Monday....
...Sterling fell 0.4 per cent to trade at $1.232, its weakest since November....
...Some industry groups are less enthusiastic about a potential move to T+1 in Europe....
...Shares in those seven unglamorous companies are up by an average of around 1,000 per cent over the past 20 years....
...The UK’s blue-chip index was down 1.9 per cent by mid-afternoon on Tuesday, exceeding the 1.6 per cent declines of its peers in France and Germany. The mid-cap FTSE 250 fell 1.7 per cent....
...The FTSE 100 climbed above its all-time closing high in morning trading on Friday, as rising commodities prices boosted index heavyweights in the energy and mining sectors....
...France’s Cac 40 added 0.1 per cent....
...The Japanese population fell at a rate of almost 100 people per hour in 2023 as the country logged its biggest ever annual drop since comparable records began in 1950....
...London’s FTSE 100 closed in on its record high on Friday as investors grew more confident that the central bank would make multiple interest rate cuts this year....
...European stocks slipped from a record closing high, while London’s FTSE 100 closed out its biggest weekly gain since September....
...The index, which has lagged behind its peers in Europe in 2024, rose 1.9 per cent on Thursday....
...£2,240, matching skirt, £2,600, cotton knit bra, £680, and matching briefs, £680 Gucci light-stretch-wool dress with lace inserts, £2,970 Loewe wool and cashmere Knot top, £725, and matching trousers, £1,100...
...Owning 50 shares at $2 apiece is no different to holding 100 shares at $1 each — or, in the case of Chipotle, one at $2,900 versus 50 at $58. Nor does it do anything to performance....
...The benchmark FTSE 100 index rose 1.4 per cent after the news, putting it on track to close at a record high....
...Brevan, which manages about $35bn in assets, is shedding just under 10 per cent of its 1,100-person workforce, according to a person with direct knowledge of the matter....
...The UK’s benchmark stock index gained 1.5 per cent on Friday thanks to strong gains for miners and financial stocks....
...The owner of Clinique and Bobbi Brown said Monday it will eliminate up to 3,100 positions from its roughly 62,000 employees....
...The combination would raise Ithaca’s production to above 100,000 barrels/day. The Italian major, meanwhile, has a strategy of spinning off assets into satellite businesses....
...We’re seeing that — typically, historically — hurricane season started on June 1 and ended at the end of November....
...At Citi, the figure increased nearly 100 basis points to 3.7 per cent. JPMorgan paid a rate of 2.85 per cent, up from 1.85 per cent in the prior-year period....
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