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...This is damaging on a human level,” Ben Sulayem told the Financial Times....
...European coffee group JDE Peet’s is replacing its two top executives as controlling shareholder JAB Holding seeks to shake-up the owner of L’Or, Kenco and Douwe Egberts following a long period of underperformance...
...This is an audio transcript of the Life and Art from FT Weekend podcast episode: ‘L&A — What young wine drinkers want’ Lilah Raptopoulos This is Life and Art from FT Weekend. I’m Lilah Raptopoulos....
...“Looking forward at the beauty market, the only normalisation that I see happening is price normalisation,” he told the Financial Times in an interview. Read more here...
...“Looking forward at the beauty market, the only normalisation that I see happening is price normalisation,” he told the Financial Times in an interview....
...electric racing series, which is backed by Liberty Global, Warner Bros Discovery and Saudi Arabia’s sovereign wealth fund, was selling the 12th and final spot on its grid, chief executive Jeff Dodds told the Financial...
...To her and many of her peers, this relatively small measure of financial stability gave rise to an “amazing” sense of freedom....
...Simões, who joined the business from Santander, replaced Sir Nigel Wilson, L&G’s chief of more than a decade....
...Another short-selling aspect that often gets forgotten is how higher interest rates also help L/S hedge fund returns by increasing their cash returns....
...Della Valle is confident, however, that Connecticut-based L Catterton will boost Tod’s desirability and allow it to focus on investments in marketing and R&D, he told the Financial Times....
...L&G declined to comment....
...The financial details of the FTX saga are not surfacing quite as quickly as the guilty pleas....
...The Competition and Markets Authority warned on Friday that T&L Sugars’ purchase of the Tereos unit that makes Whitworths and private-label sugars could leave only two large suppliers in the UK, leading...
...Equinox, the popular luxury gym chain, has raised $1.8bn from a group of private capital investors to refinance more than $1bn in loans and give it financial breathing room....
...“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...
...executive Nicolas Hieronimus told the Financial Times in an interview last year....
...When l told my wife, she asked if I’d lost the house (which we owned outright). l said, no, even l was not that stupid. She then laughed and said that it ‘doesn’t really matter much then’....
...The company’s Ageing Population and Healthcare Innovation ETFs have also fallen out of favour, alongside the L&G Cyber Security Ucits ETF....
...The Federation Internationale de l’Automobile (FIA), which governs motorsport, has agreed to let Michael Andretti add a team to the grid....
...Since the early 20th century, Italy’s business and financial hub has been at the forefront of innovative design, an inspirational stamping ground for the likes of seminal furniture designer Osvaldo Borsani...
...The US has become increasingly dominant among global equity markets since the financial crisis as near-zero interest rates lifted the valuations of tech groups with strong profit growth....
...Breaching sanctions can result in hefty financial or custodial penalties....
..., Marc Puig told the Financial Times: “We have to be aware that every founder and every individual is different . . . we have been able to find appropriate formulas for each case....
...Hieronimus, a L’Oreal lifer who was appointed chief in 2021, insisted L’Oreal would maintain financial discipline, “When there’s an opportunity, we look at it [but] we are very disciplined in how much we...
...Free cash flow, however, reconciles those book accounting accruals of the P&L ledger to capture the real flows of actual dollars coming in and out....
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