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...Rival Morgan Stanley reported that the mean pay gap at its main UK subsidiary edged lower in 2023 to 48 per cent from 48.8 per cent....
...“The FCA doesn’t determine policy on pensions — the chancellor does,” said one. “The FCA should stop trying to make policy....
...The Schroder family owns 44.1 per cent of the asset manager, and for more than four decades there have been two board members connected to the family....
...Some industry groups are less enthusiastic about a potential move to T+1 in Europe....
...Net sales decreased 1 per cent to $810mn in the three-month period ending in March, missing analysts’ expectations for $831.8mn....
...Hong Kong’s benchmark Hang Seng index underperformed the region, falling 1.4 per cent. Insurer AIA led losses, shedding 4.6 per cent....
...Separately, the EU executive said on Monday it has given TikTok 48 hours to address concerns over whether it had broken EU law....
...It is not clear how World Athletics’ decision will be viewed by the IOC, which does not offer prize money to competitors....
...We’re seeing that — typically, historically — hurricane season started on June 1 and ended at the end of November....
...Geely’s owner Eric Li already owns a stake in Polestar but the Geely holding company does not....
...That is down from a 50.1 per cent on Friday and 62 per cent a week ago....
...When KPMG polled 1,000 US consumers on generative AI, 78 per cent agreed on the responsibility of organisations to develop and use the technology ethically — but only 48 per cent were confident they would...
...Yields on rate-sensitive two-year Treasuries were 0.02 percentage points higher to 4.48 per cent....
...Underlying sales rose 7 per cent in the 12 months to December, in line with analysts’ expectations, while turnover fell 0.8 per cent to €59.6bn, compared with an expected 0.1 per cent drop....
...The Chinese battery giant forecast a net income between Rmb42.5bn ($6bn) and Rmb45.5bn for 2023, an increase of 38.3 to 48.1 per cent from a year earlier....
...Shares in DS Smith were down 1.7 per cent at 403p on Tuesday. Mondi declined to comment....
...Brussels and national governments to hit their emissions goals is another matter: the European Environment Agency estimates that the EU is likely to have cut carbon emissions relative to 1990s levels by 48...
...Volvo profits last year fell 17 per cent to SKr14bn ($1.3bn), dragged down by losses from Polestar and other joint businesses....
...Does India really need all that time to vote?...
...Investors sought safety and bought the haven asset, which rose 1.1 per cent to $2005.39 per troy ounce, its highest level since May....
...The pound fell 0.48 per cent against the dollar to $1.2664 after official figures showed that average annual growth in weekly earnings including bonuses slowed to 6.5 per cent, lower than 6.8 per cent expected...
...In the fiscal year ending in June 2023, Princeton’s endowment returned a negative 1.7 per cent, leaving its value at $34bn....
...It warned that “the full amount of all claims, including cumulative interest, is approximately €1.3bn”....
...Meticulous, demanding and sometimes ruthless, the 75-year-old remains deeply involved in running his empire and does not like discussing succession with outsiders....
...There is a good reason why so many Americans — 1.6mn according to one estimate — work as real estate brokers or agents. The barriers to entry are low. No college degrees are required....
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