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...And I’m just standing in the middle of the field, making jokes to them. It makes me feel so tiny. I try not to think about it.”...
...Shares in fast-fashion retailer H&M jumped more than 13 per cent in early trading after the company reported rising operating profits in its first quarter, signalling that it is on track to increase profitability...
...jemima.kelly@ft.com...
...M&C Saatchi: Shares in the British marketing agency slipped 2.3 per cent after its full-year results showed a 2 per cent fall in revenues and a 10 per cent drop in profit before tax....
...H&M will close more stores than it opens this year, he added....
...Analysts at Jefferies estimated the industry could face a total bill of £13bn, while RBC believes that figure may go up to £16bn....
...“I took [the decision] because I’m not prepared to make a promise I can’t keep.”...
...Mining M&A only tends to generate large cost savings when the two companies’ operations are in close geographical proximity to one another....
...“Oh, I’m feeling very good,” Giuliani replies. “Too good.” “Too good?” “I’m used to things being tight,” Giuliani explains. “I’m used to a race!”...
...It’s a welcome omen for M&A advisers and bankers, who have faced a slump since the post-pandemic rally....
...I’m not altogether convinced....
...I’m not sure which type of “celebrification” is worse. But I am sure that both demonstrate the extent to which politics has become debased, and utterly unserious. jemima.kelly@ft.com...
...I’m not sure that moment ever comes....
...Jemima Kelly is an FT columnist Follow FTWeekend on Instagram and X, and subscribe to our podcast Life and Art wherever you listen...
...Mining M&A often resembles musical chairs.) Remind me, what’s the point of all this? Cost cutting....
...Jemima Kelly is an FT columnist Follow @FTMag to find out about our latest stories first...
...“[But] given how long [the strike] has gone on I’m not going to say it is over until there is a contract signed.”...
...If there were a fire, I’d probably save my Hermès Kellys. But what about my vintage Chanel? Don’t do it to me!...
...“I’m very concerned that the bill . . . will allow a merry go round of legal claims and litigation,” she told the BBC’s Today programme....
...And here’s what else I’m keeping tabs on today: Earnings: Microsoft and Google owner Alphabet are the latest tech companies to report results....
...jemima.kelly@ft.com Letter in response to this column: Three cheers for a daring financial column / From Paul Drexler, Seattle, WA, US...
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