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Move close to crude chokepoint comes as Tehran-backed rebels menace vessels in Red Sea
...That would be well below L’Oréal on 20 times and below the 12 times that Coty and L’Occitane trade at. Spain’s largest IPO in years is so far looking good. andrew.whiffin@ft.com...
...“I see less obstacle [to general use] with Gen-AI than all the other technology we’ve been dealing with for decades,” said Barbara Lavernos, deputy chief executive of cosmetics company L’Oreal....
...Additional reporting by Andrew England and Najmeh Bozorgmehr in Dubai...
...“By no means are Exxon or Chevron done,” said Andrew Dittmar, an analyst at Enverus. “[But] we’ve seen their moves for this particular wave....
...Additional reporting by Lucy Fisher and David Sheppard in London...
...“The market is clearly saying, ‘we are worried about balance-sheet risk’,” said Andrew Baker, an equity analyst at Citi....
Adnoc amasses 50-strong team as UAE state oil group seeks to diversify business and expand overseas
...Additional reporting by David Sheppard in London...
...and co-founder of Vivek Ramaswamy’s ESG-bashing investment group Strive on stage with sustainable investing heretic Tariq Fancy, the director of ESG engagement at credit firm DSC Meridian Capital, and an L...
...“We are continuing to see an unprecedented acceleration in demand in this sector, driven by more pension schemes being closer to buyout than ever before,” said Andrew Kail, chief executive of L&G’s institutional...
...Sikkim Rebecca Stephens, the first British woman to climb Everest (and a former FT staffer), is returning to the Himalayas to lead a trek in memory of the pioneering mountaineers George Mallory and Andrew...
...Chaumet gold and diamond L’Épi de Blé de Chaumet ring, £10,200. Saskia Diez sterling-silver Long Star earring, €105 for a pair Paul Smith silk shirt, £425, and matching silk tie, £110....
...Andrew Kail, chief executive of L&G’s institutional retirement division, said the market had reached an “inflection point” and the insurer “had been busy gearing up for increasing demand”....
...Child did live in Paris in the 1950s, but on rue de l’Université in the 7th arrondissement, nowhere near Porte des Lilas....
...More than 80 per cent of US retailers had an increase in losses last year, according to Jack L Hayes International, a “loss prevention” consultancy....
...This year’s big crowd-pleaser, in the airy Palais de l’Archevêché, is a retrospective of the great American colourist Saul Leiter....
...Susan Walton Director, Frost Consulting Mike Weston Chair of Trustees, Institute of Cancer Research Pension Scheme Mark WheatleyDirector, Delano Wheatley Consulting Beata Young CEO, WomenOnIT Patrick L...
...Rasmus Errboe, chief executive of the European business, will serve as interim finance chief, and Andrew Brown will be interim chief operating officer....
...She was Bette Davis, Joseph L Mankiewicz and Darryl F Zanuck rolled into one. But it may be a key aspect of her staying power....
...“Not every [board] member has to be an expert in financial risk, but has to be able to read a spread sheet or a P&L [profit and loss account],” Richdale points out....
...Sometimes it can lead to grimly amusing situations, such as the Andrew Bailey-chaired FPC voting to buy long-term gilts to calm last year’s chaos even as the Andrew Bailey-chaired MPC was selling them to...
...I am taken along a passageway from the church to the refectory, a whitewashed L-shaped room with limited but tasteful religious decoration....
...Express (forerunner of the Train Bleu), the Sud Express, the Rome and Simplon Expresses — all part of that great narcotic conspiracy, with its cashmere blankets, pressed linen and soft illumination, the W-L...
Saudi Arabia and Russia’s agreement to cut oil production in defiance of Washington may upend the global energy order
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