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...Additional reporting by Edward White, Ding Wenjie, Max Seddon and Anastasia Stognei...
...L’Oréal recently reported how an AI-powered app delivered a 63 percentage point uplift in the conversion rate of inquiries into sales compared with traditional counter selling methods....
...Simões, who joined the business from Santander, replaced Sir Nigel Wilson, L&G’s chief of more than a decade....
...This is another painted room, with trompe l’oeil decoration by Fernand Renard....
...As L&G takes on liabilities, it creates assets to back them. Homebuilding has been a key aspect of Wilson’s tenure. L&G had acquired or built almost 1,000 affordable homes by the end of 2022....
...Both are alumni of consultancy McKinsey and came to insurance as outsiders — Wilson’s first job in insurance was at L&G, joining from events company UBM....
...L’Ami Louis, Paris This place is no secret, and had in fact been on my list of Paris restaurants to try for a long time. Finally, one freezing night at the beginning of December, I got to visit....
...L&G’s retail business was also “bolstered” by rising individual annuity sales....
...edward.luce@ft.com...
...Past guests include Leonard and Virginia Woolf; Edward Lear too....
...I’ve long been a fan of Edward Wilson, whose elegiac novels should be better known....
...Tom Wilson in London...
...Under Wilson, it has focused on “inclusive capitalism”, funding long-term assets such as housing developments and infrastructure....
...At FT Globetrotter, we are particularly excited about the Pompidou Centre’s big Brâncuși show in March, the opening of Edward VIII and Wallis Simpson’s Paris bolt-hole, Villa Windsor, in the summer and,...
...L&G’s latest Rebuilding Britain Index has found that attempts to “level up” UK regions are failing or stalling and that, in many cases, inequalities have widened....
...fails majority / From Kai L Chan, Abu Dhabi, UAE Ivy League credentials of those ruling on education / From Harold J Smith, White Plains, NY, US...
...The fund’s other top holdings include Microsoft, L’Oréal, and luxury goods company LVMH....
...In a new paper, former White House climate adviser Paul Bledsoe and former trade official Edward Gresser suggest a neat solution: Europe could be cut in on some of the Inflation Reduction Act’s subsidies...
...“This is just psychologically very reassuring to the industry,” said Theodore Paradise, a partner at the K&L Gates law firm, adding that the contracts will go a “long way to encouraging the sector and sending...
...The scoreline “love” is believed to come from the French word l’oeuf for egg, which resembles a zero....
...Wilson cited efforts by L&G to help 600 start-ups in its portfolio to expand. “We want to scale up a lot of those and we want those to be FTSE constituents in years ahead,” he said....
...Morgan Stanley’s Mike Wilson is a little gloomier, and predicts it will end flat on the year at 4,500....
...L&G said the process to find a successor could take about a year, noting that Wilson will continue as chief executive until a replacement is found....
...A barrister called Julian Wilson, instructed by board members to investigate claims against Tripathi, produced a report on the allegations last July....
...After Lululemon co-founder Chip Wilson criticised the athletic wear brand’s “whole diversity and inclusion thing” in a Forbes interview, the company quickly distanced itself from him....
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