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...The stake is now worth £1.3mn....
...Israeli spending increased 24 per cent, rising from an average of $1.8bn per month before Hamas launched its assault on Israel in October last year to $4.7bn in December, said Sipri....
...Fish-and-fennel meatball spaghetti SERVES 4 For the meatballs For the sauce Heat a tablespoon of olive oil in a casserole or frying pan....
...He added that Tarry had been “a critical part of the Tesco turnaround, first as chief commercial officer and later as UK and Ireland CEO”....
...Sales at John Lewis were down 4 per cent to £4.8bn. Trading operating profit improved by £170mn to £1bn at Waitrose, while at John Lewis it rose by £13mn to £689mn year on year....
...By the autumn, the price had been reduced to €1.95mn “Today, we’re talking about a price of €1.85mn,” he says....
...Lloyds said pre-tax profits fell year on year to £1.6bn from £2.3bn, broadly in line with analysts’ expectations. Quarterly revenues dropped to £4.2bn, just below market expectations of £4.3bn....
...The CLEWI climbed 4.9 per cent in 2023 — above the 3.4 per cent rise in US CPI in the same period — following increases of 7 per cent in 2022 and 10.1 per cent in 2021....
...john.thornhill@ft.com...
...Qatar has released eight Indian former naval officers sentenced to death last year for spying for Israel, India’s government said....
...drop in real internal growth — a proxy for sales volumes — of 2 per cent in the first three months of the year, bigger than the 0.5 per cent drop that was forecast.Organic sales during the period rose 1.4...
...It estimates the initiative will generate an additional £1.4bn by the end of the 2028-29 tax year....
...The real estate sector, full of companies that are particularly sensitive to interest rates, fell 4.4 per cent, more than double any other sector....
...In January, the company’s net sales fell 1.4 per cent to $11bn in the six months to December, down 0.6 per cent on a like-for-like basis....
...Kevin Scott, Microsoft’s chief technology officer, says the Inflection folk who are joining Microsoft have a very good sensibility for making AI-first products and rendering them “delightful and useful”...
...Results will be reported on June 4....
...While European defence spending grew 4.5 per cent in 2023, to reach an average 1.6 per cent of gross domestic product, Asian countries boosted their defence budgets by 4.7 per cent to hit an average 1.8...
...Votes are set to be counted on June 4....
...Mark Sneesby, who left as chief operating officer at Tideway in September 2021, received £1.25mn from a long-term investment plan in the year ended March 2023, up from £533,000 the previous year....
...Hibbett’s shares rallied 14 per cent to $86.4 in premarket trading on Nasdaq....
...john.gapper@ft.com...
...It is so long that by the time results are out on June 4, India will be deep in its pre-monsoon hot season, when temperatures regularly climb into the 40Cs....
...John Lobb suede loafers, £1,310....
...Businesses said they expected the prices they charge to consumers to rise by 4.1 per cent over the coming year, down from the 4.5 per cent forecast in January and the lowest rate since September 2021, according...
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