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...Claer Barrett Although Nick’s not a Man U fan, if you are, you’ll know that the British billionaire Sir Jim Ratcliffe is expected to buy a 25 per cent stake in the club from the Glazer family and 25 per...
...Five unmissable stories this week Jim Chanos, one of Wall Street’s most prominent bears, is closing his main short-focused hedge funds after more than three decades....
...The New York Liberty, playing in their first finals in over two decades, were down by just one point with a chance to force a deciding game 5 against defending champions, the Las Vegas Aces....
...The big 2024 economic talking points — inflation and growth — will be news items again this week....
...“They simply point [out] that they want to enjoy their beer without a debate,” Doukeris told the FT....
...Citadel, the $43bn group run by Ken Griffin, gained 24.5 per cent in 2020 and is up 19.5 per cent in the first 10 months of this year, according to a person familiar with the matter....
...Tony Blair to N.F.L star Tom Brady and his supermodel wife Giselle Bundchen....
...The plan by Disney’s recently reinstated CEO Bob Iger to save $5.5bn over the next few years contained one crucial selling point, according to Peltz: it would free up enough cash to reinstate the dividend...
...“I don’t know how we’ve gotten to this point politically, but the idea that buybacks are a bad thing, or simply a way to manipulate your stock, I don’t think could be further from the truth,” said Jim Tierney...
...Short interest, which has been high for some time, has climbed from 8.5 per cent at the start of the year to 10 per cent in early September....
...Why do people say that a £10 wine is “better value” than a £5 bottle?...
...Artists included Allen Jones, Peter Blake, Jake & Dinos Chapman and a stellar roster of fashion photographers: Nick Knight, Mario Testino, David Sims, Tim Walker and Herb Ritts to name a few....
...Venture capitalists Sequoia and Paradigm bought 5 per cent of the company for $1.15bn, valuing it at $22bn....
...Marc FilippinoFair point (laughter). So given how bad January was, Nick, how are investors feeling about the next few months? Nicholas MegawIt’s important to give a bit of perspective....
...The IMF estimates that global freight increases alone added 1.5 percentage points to this year’s inflation forecasts....
...But this figure still puts him on par with acts such as Stevie Nicks and The xx....
...The 30-year yield climbed to more than 1.5 per cent at one point, up from about 1.2 per cent at the start of August....
...Apply a 16 times fair value price/earnings multiple points to an end 2020 index target of 340 (Stoxx 600) — less than 5 per cent above where we currently are following the rally from the March 18 lows.”...
...Hmm, if I were to buy a high-grade corporate bond fund I could probably get around 1.5 per cent,’” said Jim Caron, a senior portfolio manager for global fixed income at Morgan Stanley Investment Management...
...Letter in response to this article: Loyalty points problem in a nationalised supermarket / From Clive Anderson, London W14, UK...
...[I]n spite of the concerted government effort to uncover abuses, the Gangmasters and Labour Abuse Authority (GLAA) has admitted that “no enforcement has been used during the visits”....
...“It was a huge, low-grade error of trust and judgment,” said Mr Goodman. 5....
...Jim O’Sullivan, chief US economist at HFE, says: “The data point to a strong rise in real consumer spending in Q2” seen climbing to a 4.25 per cent annual rate for the second quarter and up from a 0.9 per...
...A major bone of contention was the position of Jim Belardi, who served as Athene’s chief executive while owning a 5 per cent stake of the Apollo subsidiary that charged fees for managing the insurance company...
...Quick Hits — What’s on the markets radar Here’s an interesting observation on high-yield credit from Marty Fridson at Lehmann Livian Fridson Advisors LLC....
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