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...“When a management team can be so wrong and not be held accountable . . ....
...Large US asset managers are pinning their hopes on a broad-based recovery in equity markets to lift their businesses after suffering billions of dollars of outflows....
...I think a lot of people were anticipating a V-shaped recovery . . . People are now waking up the realisation that volatility is going to be normal going forward.”...
...Sunak hopes he can reap what his allies call “a dullness dividend” and that competent economic management and a recovery from recession could make the Tories “competitive” before an election expected in...
...The trucks, loaded with generators and bottled water, arrived before the relief organised by the Federal Emergency Management Agency....
...Marriott International CEO Tony Capuano, Johnson & Johnson executive Jennifer Taubert and Salesforce finance chief Amy Weaver will join the board in October....
...It has been a good recovery story....
...“Part of the price decline was reflecting the fact that the management of these large companies didn’t provide any indication that they were going to have such a miss,” Wicker said....
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...The letter was sent to the boards of Pfizer, Moderna, AstraZeneca and Johnson & Johnson....
...That made him an important figure in Prime Minister Boris Johnson’s push to win votes in the north of England. (Johnson is “obsessed” with Houchen, according to a Downing Street insider.)...
...Should the listing get done, a juicy windfall awaits Elliott Management and Monarch Alternative Capital, the ace hedge funds that are Claire’s largest shareholders today....
...Prime minister Boris Johnson and chancellor Rishi Sunak in August urged institutional money managers to support an “investment big bang” to back British assets including infrastructure....
...“What we can say with a high degree of confidence is that investors at large have begun to dedicate more to emerging markets,” says Ben Johnson, Morningstar’s director of global ETF research....
...‘Perfect scenario’ Those look like V-shaped projections, Andrew Glenn thought to himself....
...The results are similar to those from other Covid-19 vaccines made by BioNTech/Pfizer, Moderna, and Johnson & Johnson, which have all shown varying degrees of efficacy against symptomatic Covid-19 in trials...
...(FT) Coronavirus digest Russia will supply 300m doses of its Sputnik V vaccine to the African Union....
...Boris Johnson welcomed the reopening of schools in England on Monday but warned it would lead to a rise in coronavirus transmission....
...Andrew Bailey, the new Bank of England governor, was accused of producing overly rosy predictions on Thursday after the central bank said it expected a V-shaped economic recovery from the coronavirus crisis...
...If there is a sense from this earnings season that confidence in a V-shaped recovery for profits is misplaced, then the impact will probably be hardest on companies with weak balance sheets, and on those...
...(FT) A turning point for Japan Inc’s fortunes?...
...Boris Johnson has appointed Dan Rosenfield as his new chief of staff....
...The fate of governments is inextricably entwined with management of the economy. Should the much-desired V-shape recovery arrive, Mr Sunak will be credited, but Mr Johnson will remain popular....
...on Thursday after the ride-hailing company promised profitability in the final quarter of this year, officials in London and Washington told the FT that Donald Trump vented in “apoplectic” fury at Boris Johnson...
...However, last month William Hill reported a “robust recovery” since sport had resumed, allowing it to repay £24.5m in furlough funds....
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