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...That’s really problematic for the rest of us,” said John Duncan, co-lead for the Business Coalition for a Global Plastics Treaty, a group of more than 200 companies including Walmart, PepsiCo, and L’Oréal...
...The largest cheque came from Israeli financial group The Phoenix, which is a backer of Left Lane, along with money from L Catterton and Capricorn....
...This business is aiming to merge with L Catterton Asia Acquisition Corp, a special purpose acquisition vehicle, or Spac, listed on the Nasdaq exchange and founded by LVMH-backed investment group L Catterton...
...The emirate of Dubai, a key precious metals trading hub, already has a large foothold in Africa’s ports and logistics network, the fortunes of which are closely tied to commodities....
...In 2017, a 37m-high rocket inscribed with Chanel’s double-C logo almost did, rising up like a NASA simulator at the end of its AW17 presentation....
.../LD from C-PD....
...Drawing à l’infini presents nearly a thousand works — notebooks, drawings and engravings. The drawings illustrate Picasso’s constant process of reinvention and renewal....
...Shares of Sunnova and rival Sunrun jumped in July after the US Customs and Border Protection agency eased restrictions on panel imports from China....
...For example, the company is part of the so-called Mansion House Compact which also includes L&G, Aviva and Scottish Widows....
...Squire Patton Boggs has named Omar Momany, Baker McKenzie’s former head of corporate and mergers and acquisitions in the United Arab Emirates, as head of its corporate practice in Dubai....
...Witness L’Oréal, which posted like-for-like sales growth of 13 per cent for the first quarter without margin erosion. The French agency appears to have found a business model that works....
...Customers buy L’Oréal products in response to the pitch “because you’re worth it”. They need to be: the SkinCeuticals Vitamin C antioxidant serum is hardly a snip at £165 for 30ml....
...On Monday, trading was halted in at least 10 of its onshore bonds....
...It retained Sony PlayStation, Tesco and Mars Wrigley, but lost the L’Oréal US media and PepsiCo accounts. WPP said it was raising its final dividend by 30.5 per cent to 24.4p a share....
...The agency has worked with brands including Mulberry, Sainsbury, Primark and L’Oréal; and individuals including footballer Raheem Sterling, and chefs Gordon Ramsay and Nigella Lawson....
...with more than 400 subsidiaries and a market capitalisation of $236bn — bigger than Walt Disney, McDonald’s or L’Oréal....
...CSG is trading at P/TBV of 0.2x 2024E, UBS is trading at 7.6x P/E and Julius BAER at 9.6x PE 2024E on our forecasts....
...The days when a private equity firm could easily snap up some big lumbering conglomerate trading at bargain prices and carve it up for a profitable piecemeal sale are over....
...Rating agency Fitch said a “default of some sort” was probable downgrading the country’s debt into junk territory. Moody’s did the same....
...As the table below shows, most of SVB’s $91.3bn HTM portfolio consisted of very-long-term, agency-guaranteed, mortgage-backed securities maturing in 10 years or more ($56.6bn to be exact)....
...Microsoft is chugging along nicely but, at 36 times forward earnings, was trading at an unsuitable premium in 2021 (it’s at 28 now)....
...Forthcoming highlights include, on May 16, Cimarosa’s rarely heard L’Olimpiade (not strictly an opera about the Olympics, though Paris 2024 is clearly its peg and the games are alluded to in its libretto...
...David Hollingworth, director at L&C mortgages, said it was a “real positive” that some lenders had already started to come back with fixed rate mortgages, which should lead to “more competition, sharpening...
...News round-up EY came close to uncovering Wirecard fraud in 2016 (FT) Perella Weinberg suspends London-based banker after insider trading probe (FT) LVMH, L’Oréal among suitors for stake in Aesop (Bloomberg...
...update, Bombardier FY, British American Tobacco FY, Compass Group Q1 update, Crédit Agricole FY, Credit Suisse Q4, Deutsche Börse Q4, Enel FY, Equifax Q4, Expedia Q4, Kellogg Q4, L’Oréal FY, Mediobanca...
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