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Luxury goods
Frédéric Arnault to become CEO of LVMH Watches
...It’s his will, and it’s also our will, that he stays in charge as long as possible. And, as you saw, he extended the retirement age [to 80], to still be CEO of the group.” Bernard is 74....
January 5, 2024
HTSI
Make WFH wonderful
...It also serves as a useful hub, with USB, Ethernet and SD ports....
April 22, 2024
FT Live
Innovation in Wealth Management Summit
Augmented intelligence for client-centric services
Thursday, 2 May9 Montague Close, London, UK
UnhedgedRobert Armstrong
How dominant is fiscal dominance? Premium content
...The fiscal impulse It is widely agreed that US fiscal deficits are lifting both growth and the stock market, a phenomenon known as “fiscal dominance” (we have also heard “fiscal aftershocks” and “fiscal...
April 1, 2024
News in-depthTod's SpA
Diego Della Valle cements French connection with planned Tod’s delisting
...“It could be seen as an hors d’oeuvre to a future sale to the French at a higher price than what they would have obtained now,” said one analyst who asked not to be named....
February 17, 2024
Remortgaging
Mortgage lending to older UK borrowers slumps
...Mortgage lending to older UK borrowers slumped in the last three months of 2023, as higher interest rates led to an affordability squeeze for over-55s....
February 19, 2024
LexAccountancy
Teflon-maker’s scandal shows even cash isn’t safe from mischief Premium content
...In the fourth quarter of 2023, Chemours improperly pulled forward collections of recorded sales — known as accounts receivables — as well as delayed disbursements to its vendors — known as accounts payable...
March 21, 2024
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
News in-depthChinese business & finance
China’s start-ups take on big global beauty brands
...It has been helped in part by influencers such as Li Jiaqi, known as the “lipstick king”....
February 2, 2024
FT Money personal finance guides
Need to Know: How will higher UK inflation affect your assets?
...“We had a lot of good news in recent months, helped by falls in inflation,” said David Hollingworth, associate director at broker L&C Mortgages....
January 19, 2024
LexElaine Moore
The Lex Newsletter: Amazon is a $2tn stock Premium content
...Newsletters have been touted as the possible successor of newspapers. But Substack, the best-known newsletter platform, seems more intent on becoming a social media platform....
April 12, 2024
FT MagazineJancis Robinson
Why don’t wine drinkers want what’s fashionable?
...It is generally agreed that sugar levels of below 2g/l are imperceptible and most red wines are as dry as this. But there are some reds aimed at the mass market whose sugar level is much higher....
November 11, 2023
Ask AdeelaHow to be beautiful 2024
Which vitamin C beauty products are best?
...But a number of brands have addressed this problem cleverly, such as The Nue Co Topical-C, which uses the most stable form of vitamin C, L-ascorbic acid, in a powder form, and in an opaque bottle that’s...
August 15, 2023
BlackRock Inc
BlackRock to buy Global Infrastructure Partners for $12.5bn
...BlackRock also announced a major reorganisation that Fink said would “simplify and improve how we work” while meeting client demands for higher yields and customised investment products....
January 12, 2024
News in-depthL'Oreal SA
How L’Oréal’s chief swooped on luxury soap maker Aesop
...Its gross margin is also about 87 per cent — higher even than L’Oréal’s own of 72 per cent....
April 6, 2023
FT Globetrotter
Parlez-vous Parisian? How to speak like a local in the French capital
...But in Parisian, word reversal has been so standard for decades, or perhaps centuries, that it’s become a dialect unto itself, known as verlan — a word that itself derives from the reversal of “l’envers”...
October 24, 2023
HTSI
The 20 best gadgets to buy now
...It also has a whiff of exclusivity, with each machine hand-assembled in Berlin. $1,399 gets you the higher-spec version with a 1TB SSD and a plush white Piñatex case (a vegan textile made from waste pineapple...
December 28, 2023
FT Live
Bank of the Year Awards 2024
Recognising the best in banking globally
Wednesday, 4 DecemberLondon, UK
Mortgages
Three of the UK’s largest lenders cut mortgage rates
...“What’s opened the door to these improvements is the better than expected inflation figures,” said David Hollingworth, director at broker L&C Mortgages....
July 27, 2023
Mortgages
Wealthy UK borrowers face interest-only mortgage payment shock
...“All of these things naturally skew interest-only towards higher net worth borrowers,” said David Hollingworth, director at L&C Mortgages, a broker....
July 14, 2023
FT Asset Management
Asset Management: Venezuela opens up to international investors
...At the start of last year, the spread was as low as 6.7 percentage points....
October 23, 2023
Ask AdeelaHow to be beautiful 2024
What’s the best sunscreen?
...It’s also useful to understand the difference between chemical (or “organic”) and mineral (also known as “inorganic” physical) sunscreens....
June 6, 2023
Mortgages
Mortgage overpayments surge as borrowers fend off rising interest bills
...In spite of expectations that the Bank of England will raise its main interest rate this week, lenders’ appetite for business had sparked a renewed “price war” for new customers, L&C said....
February 1, 2023
Companies
Business trends, people to watch and risks on the horizon in 2024
...The pledges of higher defence budgets have boosted the share prices of companies and driven order backlogs to new records but there is a risk that not all of the funding will come through as governments...
January 1, 2024
News in-depthØrsted AS
Ørsted faces reckoning over big bet on US offshore wind industry
...Formerly known as Danish Oil and Natural Gas (Dong Energy), Ørsted was founded by the Danish state in the 1970s to help develop the country’s energy reserves as the Arab oil embargo raised fears over supplies...
September 12, 2023
UK interest rates
Bank of England raises interest rates by 0.5 percentage points
...For a borrower with a £200,000 mortgage over 25 years on a standard variable rate of 7.99 per cent, their payments will rise by £67 a month — or £800 a year — according to broker L&C Mortgages....
June 22, 2023
InterviewFashion
At 89, Giorgio Armani is still running the show
...The group, which includes brands Emporio Armani and Armani Exchange as well as the higher-end Giorgio Armani line, posted €2.35bn in revenues in 2022, up 16.5 per cent on the previous year....
September 7, 2023
US financial regulation
Learning British financial stability lessons
...Remember that at the time a lot of people thought this would become a redux of the S&L crisis and that a recession was unavoidable as banks retrenched....
October 17, 2023

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