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...H&M has signed a $600mn deal with Syre to buy enough of the start-up’s production in the next seven years to cover about half of its total need for recycled polyester....
...Ervér said his appointment was a matter for the board but that he was confident “that we have a very good direction for where we’re heading” and argued H&M’s strength was its “core business model”....
...The Biden administration has, after all, reasserted the role of the state in the US economy in ways we haven’t seen for half a century: supporting re-industrialisation, subsidising strategic industries,...
...We’re still living in interesting times. One good read American big-box store sells lots and lots of small bits of metal....
...H&M’s operating margin was more than 20 per cent in 2010 but has fallen since then, and was last above 10 per cent in 2017....
...“We’re doing the best of anybody,” Powell said. “We’ve got the strongest growth and the lowest inflation of the advanced economies.”...
...“You’re going to have big inflation. He’s not going to be able to do anything,” Trump said, referring to Powell....
...“They’re probably going to shrink in the short-term but they aren’t going to fall off a cliff.” Stephanie Stacey...
...In our fragility, we want to deny them an existence, in our surfeit we provide them one. Feral animals live off what humans discard. Raymond and Lorna Coppinger posited in their book What is a Dog?”...
...They’re getting sponsors, they’re getting paid to compete in events,” said David Wallechinsky, a founding member of the International Society of Olympic Historians....
...“We’re still tiny in a lot of [countries],” he said. “There are some markets we’re not in at all.”...
...“We’re not declaring victory,” he said....
...As a central bank, you’re better off being too conservative right now.”...
...“Once you go beyond that, it’s difficult to maintain the message that you’re not close to the point where you’re considering cuts or speculating around it,” he said....
...Yankee Candle and H&M didn’t respond to our emails. The food & dining sector follows closely in second with 72 companies....
...So after leaving rates on hold this time around, Powell was widely expected to give a subtle wink and a nod to markets that “you’re overdoing it, knock it off”. He did not do that at all....
...Last week, Chicago-based Grant Thornton agreed to sell a majority stake to New Mountain Capital in the sector’s largest deal. Baker Tilly secured a $1bn investment led by H&F in February....
...We’re not sure, but in our short-term focused business culture, at least they’re comfortable talking about the future. Further reading— The rise of the sloppy SEC filing...
...In central Jakarta, where my family lives, there’s a cart called Bubur Ayam H Jewo that I’ve been going to for rice porridge since I was a kid....
...A further decline in Biden’s re-election prospects in early 2024 ought to scare the markets. Trump 2.0 would aim to kill the Fed’s independence....
...If we’re going forward into a world of more supply shocks, rather than demand shocks, it could make bonds a less attractive hedge to equities, and therefore you need to be paid more, and therefore the term...
...“The question we’re asking is, should we hike more?” he said....
...Brasília on a state visit US: Biden hosts a campaign fundraiser for his re-election campaign in New York with former presidents Barack Obama and Bill Clinton Friday Good Friday....
...“We’re saying [that] we need to change every system in society to get to a place where we are living in harmony with each other, and the planet,” Pritzer argues....
...There’s not much opportunity to veer off: we’re in the same or similar places at the same time of year, working on the same kind of thing....
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