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...The manifesto called for “radical new action” to address key challenges, such as the need for more investment in creative R&D and reversing the decline in access to creative education as well as a revised...
...CD&R said Lewis, who spent almost three decades at consumer goods group Unilever, will help source and execute deals as well as support its portfolio of companies across Europe....
...Since then, as well as agreeing to buy Presidio, it has made a series of large investments including buying snack company Shearer’s Foods. CD&R and BC Partners declined to comment....
...This is an audio transcript of the FT News Briefing podcast episode: ‘A new day dawns for the yen’ Sonja Hutson Good morning from the Financial Times....
...The following well-known chart shows market rates for 10-year government bonds in the US, eurozone, Japan and UK between 1980 and the pandemic in 2019....
...“Capital One is a healthy, well-managed, well-capitalised bank. Discover less so,” said one bank M&A lawyer. “Part of this is regulators having Capital One solve a problem for them.”...
...US R&B singer Miguel has an attractive cameo in “Saturnine”....
...CD&R bought MFG for £500mn nearly a decade ago....
...Russian ballistic and cruise missiles as well as drones targeted critical infrastructure across Ukraine before dawn on Friday in a second consecutive day of massive air attacks, according to authorities....
...R* star is a fun concept (and a fun but now sadly limited-edition T-shirt as well)....
...Kyiv’s mayor Vitali Klitschko said missile debris fell on a kindergarten and residential building, as well as hitting cars and businesses, sparking fires....
...Sanofi’s struggles go well beyond communication glitches. Investors remain nervy over its dependence on blockbuster asthma and eczema drug Dupixent....
...Vabysmo, Roche’s recently launched medicine for eye diseases including wet age-related macular degeneration, recorded sales worth SFr847mn ($927mn) in the past quarter, well ahead of estimates....
...According to the European Federation of Pharmaceutical Industries and Associations, a Brussels-based lobby group, the US attracted a third more R&D investment than Europe in 2010....
...But Sanofi shares trade at a discount to peers, reflecting concerns about its high dependence on Dupixent as well as about its pipeline....
...Lawyers acting for the Brazilian claimants, which include municipalities and indigenous communities as well as individuals, hope the documents will bolster their case that BHP managers were incentivised...
...Well some of us have been shining bright like a Dimon for some time....
...That is well above the share among emerging economies....
...“Otherwise, you may as well take that and go and give it to China and Europe.” Barnes is aiming to expand his workforce from 15 to 70 this year....
...“[There is an impression that] markets are not working so well and [regulators] are looking much more intently at the bargaining power between consumers and firms.”...
...If we play our cards right in the global R&D race, the UK can become a destination of choice for more business R&D investment....
...The UK-based pharmaceutical group reported revenue of $12.7bn for the first quarter of 2024, an increase of 19 per cent, well ahead of consensus estimates of $11.9bn....
...But he added that “Enel has almost doubled investments . . . to about R$1.5bn [$300mn] a year, compared with R$800mn invested by the previous concession holder....
...And the jobs market is well known to be a lagging indicator of economic growth, not leading....
...Being big also means that necessary investments, in new models and R&D, are less of a drag. Capex and R&D will come in at less than 7 per cent of sales, says Philippe Houchois at Jefferies....
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