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...Smith & Nephew had given a “compelling rationale” for paying more to its US-based leaders, Glass Lewis said....
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...US-based International Paper has agreed to buy UK rival DS Smith in a deal valued at £7.8bn, the companies said on Tuesday....
...US-based International Paper has agreed to buy UK competitor DS Smith in a £7.8bn deal, trumping a bid from London-listed Mondi as consolidation across the paper and packaging industry accelerates....
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...Williams’s south-facing balcony has a glass balustrade which creates a greenhouse effect....
...a particular challenge for underwriters....
...In March, the boss of Admiral said the sector was in a “different situation” and that the FTSE 100 company had even put through a “small price decrease” recently to win business....
...Hill & Smith has lauded the performance of its US businesses, describing a “standout performance in composites and electrical utility”....
...A Mondi/DS Smith combination would be too big for a subsequent deal. DS Smith shareholders should be wary of a suitor willing to overpay simply to stay in the game. andrew.whiffin@ft.com...
...The announcement comes after rival Mondi reached an agreement in principle for a takeover of DS Smith earlier this month....
...That’s a shame for the whole team — director Ivo van Hove, composer Rufus Wainwright — but particularly for Sheridan Smith, who gives a terrific performance at its heart....
...WTW’s Tim Rourke said the data suggested “the relentless rise in prices may finally be turning a corner”....
...Jean Carroll civil damages trial against Donald Trump is expected to resume in a Manhattan federal court....
...commitment to invest a further £500mn....
...The Florida Supreme Court has put a referendum on abortion on the state’s ballot for November, a decision that will make the Sunshine State a closely watched political battleground for reproductive freedom...
...Read the FT’s full interview with Jean-François van Boxmeer....
...Since launching a war on drug traffickers driving a wave of violence across the once-peaceful Andean nation, the president’s popularity has surged despite growing concerns over a slide towards authoritarianism...
...UK-listed Mondi earlier this month agreed in principle a tie-up with DS Smith that implied a value of 373p per share, or closer to a £6.2bn enterprise value....
...Jessica SmithI’m Jessica Smith, in for Marc Filippino, and here’s the news you need to start your day....
...Flow, Neumann’s new property company confirmed that “a coalition of half a dozen financing partners . . . submitted a potential bid” two weeks ago....
...There was a time when a limousine was the vehicle of choice for CEOs and celebrities....
...then back a surety bond....
...Trump, meanwhile, is expected to be back in a New York court later today where jury selection in the second E Jean Carroll case begins....
...Ofwat is due to make a draft decision in June and a final ruling early next year....
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