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...European coffee group JDE Peet’s is replacing its two top executives as controlling shareholder JAB Holding seeks to shake-up the owner of L’Or, Kenco and Douwe Egberts following a long period of underperformance...
...In June, the head of the LFP told L’Equipe newspaper that Canal+ had no intention of bidding in the upcoming auction for rights from 2024 to 2029. Candidates have until October 17 to apply....
Police claim rare success after shooting key ally of warlord
Prime Minister Ariel Henry remains out of the country as he pleads for international intervention
Prime Minister Ariel Henry hopes Kenya-led force will shore up security as armed gangs overrun capital
...“They went crazy laughing at these things,” says Sandy Reynolds-Wasco, set decorator on many of the director’s movies, from 1992’s Reservoir Dogs to 2009’s Inglourious Basterds....
...Composer and bass player Daniel Casimir is a rising star on the UK jazz scene and his recent Arts Foundation Futures award seems to endorse that status....
...WPP Open, its AI technology platform, is used by more than 28,000 people in the group and has been adopted by clients including L’Oréal and Nestlé....
...This month rating agency S&P Global downgraded Ecuador’s outlook to negative from stable, arguing the crime wave could hit reforms....
...“What used to take us three weeks can take us three hours and clients currently pay on the time taken, not the output,” says S4’s Sorrell....
...F1’s operating profit rose by 64 per cent to $392mn in 2023 from a year earlier, as revenues jumped to $3.2bn from $2.5bn....
...Another short-selling aspect that often gets forgotten is how higher interest rates also help L/S hedge fund returns by increasing their cash returns....
...China, where gambling is banned, ranks among one of Bet365’s biggest markets, the people added....
...Miley Cyrus had the longest stretch at the top of the charts — with her song “Flowers” remaining at number one for 10 weeks — but four of 2023’s five biggest tracks and seven of the year’s top 10 songs were...
...As such the buyout does not look too shabby at 20 times this year’s operating profit on S&P Capital IQ estimates. But with more effort management might be able to double these earnings....
...Coates also narrowly trumps the best-paid executives in the US S&P 500, where Blackstone’s Stephen Schwarzman earned $253mn last year (he separately received about $1bn in dividends) and Alphabet’s Sundar...
...Alex Mahon, chief executive of Channel 4, said that “in-house production may well offer good long-term support for Channel 4’s financial sustainability, but it would never alter Channel 4’s fundamental belief...
...The group has a record of profitable exits — such as 2023’s $8.6bn listing of German sandal maker Birkenstock — and Tod’s has a good potential to turn into another success story, say analysts....
...(Alphaville believes that using L’Oréal as an O is cheating, even if it makes your acronym look nicer.)...
...The Granolas as a group have climbed 18 per cent over the past 12 months beating the Stoxx 600’s 7.5 per cent rise over the same period....
...The shareholder vote scheduled on Thursday comes a year after Sculptor, formerly known as Och-Ziff Capital Management, launched a sale process intended to ease tensions between its billionaire founder Daniel...
...Shepherdson argues that declining S&L tax revenue augurs poorly for future S&L spending, as this chart shows: It’s a reminder to investors that markets are sensitive to changes, not levels....
...Dealing with the dividends doubters So, I’m not saying Daniel Peris got lucky....
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