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...More to the point, it carries a 40 per cent premium to the fast expanding luxury juggernaut LVMH. That sort of gap is only justified if L’Oréal is a significantly safer bet....
...This investment in revisiting questions was not to prove any point, but rather to engage the pleasure of conceptual and material ideas he had been tracking for decades....
...(It does: Theo had a point when he likened it to “a piece of fabric embroidered with satin and gold”.)...
...Formula E is looking for a new team to join its circuit, testing demand for electric car racing and pitching a far more affordable entry point to motorsport than Formula One at a time when valuations are...
...The World Bank has become a focal point for negotiations to find up to $9tn a year by 2030 to pay for action on climate change....
...L’Objet Sumi collection, from £30....
...Wiley bellows his political points; Hendricks purrs of friends and acquaintances....
...A senior BND employee, Carsten L., was arrested last year following an investigation by the BfV on suspicion of spying for the Kremlin. His trial began in December....
...Peers e.l.f. Beauty, Coty and Estée Lauder were lower by 9.7 per cent, 5.1 per cent, and 4 per cent, respectively....
...It described the situation as having reached a “critical point”....
...Shepherdson argues that declining S&L tax revenue augurs poorly for future S&L spending, as this chart shows: It’s a reminder to investors that markets are sensitive to changes, not levels....
...Using national level S&L data back to 1955, we find that changes in revenues over the prior year account for 40% of the variance in S&L consumption and gross investment....
...“It’s a market that at some point will run out,” said Citi’s Baker. “As that whole market matures . . . does [L&G] just become a run-off company?...
...They point to the rise of passive, index-tracking funds, which automatically pour money into the largest stocks....
...But in beauty — which sells at a lower price point — Hieronimus did not anticipate a slowdown. “We remain an affordable indulgence and I don’t see major threats to that,” he said....
...“[Beauty is intended] to be an extension of what we try to do with the clothes: honest, straight to the point, with a little twist.” The brand’s unique formulations are a point of distinction....
...Dear reader, Everyone expects dealmaking to pick up this year — not a high-risk prediction given the collapse in activity in 2023 and the sporadic bouts of euphoria every time some data point or another...
...Designed to be worn or grasped in multiple ways, versatility was a focal point, says Jones....
...“Previously, older borrowers may have used [mortgages] for home improvement, travel or to help a younger family member get on the property ladder,” said David Hollingworth, associate director at L&C, a mortgage...
...Its starting point is most dancers’ greatest fear: a grave injury, here to Otero’s back, following years of daredevil performances....
...From a formulating point of view, Dögg Guðjónsdóttir also points out that biotechnology is not quite at the level where it can do everything — yet....
...Solvency reforms should shave another percentage point from the capital ratio. As L&G takes on liabilities, it creates assets to back them. Homebuilding has been a key aspect of Wilson’s tenure....
Rosebank development has become a focal point in UK climate debate
...The FT’s leader “England’s ill-fated experiment with privatising water” (FT View, July 1) rightly points out that Thames Water privatisation was bungled and has resulted in a first-class mess....
...Though that capital is released into the income statement over time, this process mutes earnings growth from new business, points out RBC Capital Markets....
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