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...The UK regulator said last week it “continued to believe that crypto ETNs and crypto derivatives are ill-suited for retail consumers due to the harm they pose”....
...The London-listed consumer goods company’s share price dropped to its lowest level in a decade on Friday as investors absorbed the news....
...Some have speculated that Reckitt has been trying to sell Mead Johnson, the infant formula business it acquired for $17bn in 2017....
...Financials, consumer staples and energy are favoured in value strategies,” he said....
Morningstar findings are in stark contrast to other fund categories where passive funds tend to outperform over time
Enterprise tech company moves to bulk up networking offering in sign of momentum for dealmaking
Casual dining operator plans rollout of new sites
...“Unless the case can be made that crypto has meaningfully changed in the last three years, it’s hard to see why the FCA would authorise them,” Prosser said, while the FCA’s Consumer Duty rules requiring...
...Financial markets closed China: November consumer price index (CPI) and producer price index (PPI) inflation rate data (PM local time) Germany: Final November CPI and harmonised index of consumer prices...
...Johnson & Johnson is a very valuable company, notwithstanding its efforts to convince US federal judges of the contrary....
France’s stipulation for its sustainable ISR label could lead to billions of euros of divestments by pan-European vehicles
...To a US consumer encountering it for the first time, Shein could be any other American ecommerce business....
...Reckitt acquired Enfamil when it bought Mead Johnson in 2017 for $18bn in including debt. The judgment has wiped £5bn — or some 13 per cent — off the group’s market value. It is not hard to see why....
...Shares of consume health group Kenvue fell 5.8 per cent after the consumer health company — spun off from Johnson and Johnson last year — missed revenue and profit expectations in its fourth quarter on soft...
...The streaming service is betting that screening three live programmes a week will allow it to capture the large and loyal fan base for a show that helped launch the careers of Dwayne “The Rock” Johnson,...
...Johnson & Johnson raised its full year profit forecast for 2023 on Thursday after reporting strong sales of cancer drugs and medical devices in the second quarter....
...Kenvue, the spin-off of Johnson and Johnson’s consumer health products, beat revenue expectations and posted an upbeat full-year outlook for its first quarterly earnings report as an independent company....
...Johnson’s backing and the unanimous vote suggest that the bill will have little trouble passing the House....
US Treasury exchange traded funds draw nearly $30bn of inflows in September
...Unilever’s new chief executive Hein Schumacher is open about the problems facing the consumer staples giant....
...“As inflationary pressures begin to ease, retailers will be hopeful that the onset of warmer weather lifts spending,” said Karen Johnson, head of retail at Barclays....
...However, she has since struggled with weakening vaccine demand, rising retail competition and wavering consumer spending, which have also weighed on rival CVS Health....
...Aaron Johnson, manager and co-owner of Oasis Fresh Market, set up the business in 2021....
...Guest experts Moira O’Neill, the FT’s personal finance columnist, and Timi Merriman-Johnson, the financial adviser better known online as Mr MoneyJar, will respond to reader questions live....
...Such reports seem to jar with the picture of a more confident US consumer emerging from reports this summer....
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