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...Richemont has so far booked €1.8bn in non-cash writedowns on the business and the division made a loss of €128mn in the first half of Richemont’s current financial year....
...This increased by 47 per cent over the same period....
...Some industry groups are less enthusiastic about a potential move to T+1 in Europe....
...The policy-sensitive two-year Treasury yield was up 0.1 percentage point at a one-month high of 4.47 per cent, while the 10-year yield climbed 0.14 percentage points to 4.17 per cent....
...The number of people injured in Taiwan’s powerful earthquake rose to 1,038 overnight, according to the National Fire Agency....
...The firm’s assets under management rose to nearly $1.6tn, and quarterly earnings per share of 47 cents beat analysts’ expectations of 40 cents, according to Bloomberg....
...The Institute for Supply Management said its index tracking factory activity increased to a reading of 49.1 last month from 47.1 in December, surpassing economists expectations for a reading of 47....
...We’re seeing that — typically, historically — hurricane season started on June 1 and ended at the end of November....
...The same poll found that in a contest between Trump and Biden, the Democratic incumbent president would win, 47 per cent to 43 per cent....
...Annual sales dropped 6.1 per cent in 2023 to €47.6bn. Earnings before interest, tax, depreciation and amortisation were down 13 per cent to €11.7bn....
...The Institute for Supply Management said its index tracking factory activity fell to a reading of 47.8 last month from 49.1 in January, missing economists’ expectations for a reading of 49.5....
...Between them, the pair controlled more than 47 per cent of money spent last year, according to research group Emarketer. But their grip is loosening....
...The Institute for Supply Management said its index tracking factory activity increased to a reading of 47.4 last month from 46.7 in November, just ahead of economists expectations of a reading of 47.1....
...If successful, the decision will mean Musk collects shares worth $47.8bn at today’s share price. The votes will take place at the company’s annual meeting on June 13....
...The US’s world No 3 and popular streamer entered it on an unbeaten run of 47 games, but departed crushed by a sudden and unexpected early counter-attack, the result of deep engine-aided preparation....
...The benchmark S&P 500 was down 0.1 per cent in mid-afternoon trading on Monday, having gained as much as 0.4 per cent in the morning session....
...“Even though the ratio has declined, that does not mean that the cost of housing has declined,” said Anthony Breach, associate director at the Centre for Cities think-tank....
...The Houston-based start-up made history on February 22 when the lander touched down within 1.5km of its target landing site at the lunar south pole....
...And does any nation agonise about its economic specialism as much as the UK does about its financial sector? (Not a rhetorical question, that....
...The figures contrast with a continued downturn in the eurozone, where the composite PMI came in at 47.9, barely changed from 47.6 in the previous month and well below the 50 reading....
...Lilly’s shares were up 1 per cent in New York on Wednesday....
...The S&P Global UK manufacturing purchasing managers’ index rose to 50.3 in March, up from 47.5 in February and above the flash reading of 49.9, pushing 10 year gilts yields up 0.15 percentage points to 4.09...
...The S&P Global UK manufacturing purchasing managers’ index rose to a 20-month high of 50.3 in March, up from 47.5 in February and above the flash reading of 49.9....
...S&P Global’s flash eurozone composite purchasing managers’ index, a measure of activity at businesses across the bloc, rose to a six-month high of 47.9, up from 47.6 a month earlier, after an improvement...
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