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...Ian Lance, a fund manager at M&S shareholder Temple Bar Investment Trust, said the latest results “demonstrate that the strategy to reshape M&S is starting to deliver”....
...The group’s wholesale funds offering boosted performance, with 69 per cent of assets under management beating benchmarks over a five-year period, up from 60 per cent in 2022, however, on a one-year basis...
...I’m very into Russian novels and can read and reread them. Otherwise I’m about to start Britney Spears’s memoir. She’s had so many problems in her life but seems like a lovely person....
...Bitcoin traded as high as $69,200 on Tuesday, briefly setting a new all-time record for the world’s largest cryptocurrency before falling back....
...I’m really proud of it. But now I’m done with that. I want to sell it and I’m looking for a buyer. So how does this process work with a typical M&A deal? Sujeet Indap Sure....
...I am still using a cast iron omelette pan bought (with several other items still going strong) from a 1968-69 catalogue of Elizabeth David, the British cookery writer....
...The 10-year yield rose 0.03 percentage points to 4.69 per cent. Yields rise as prices fall....
...MainFT, last night: The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants...
...Revenue rose to $80.5bn from $69.8bn in the first three months of 2024, beating analysts’ expectations for $79bn, according to a filing on Thursday....
...“I’m going to go home and do some real soul-searching, it’s a really tough choice.” On Tuesday morning, Oulundsen confirmed via text message she was voting for Haley....
...Investment manager M&G has reported a 28 per cent rise in profits for 2023, in the first annual results for chief executive Andrea Rossi, who has pledged to transform the company....
...I recently enjoyed staying at a Premier Inn Hub at Tower Hill, London, a converted office block where my father worked for many years....
...“I’m not really into world records,” he says. “I’m interested in craftsmanship and making a very wearable, elegant watch.”...
...In the final quarter of 2023 there were an estimated 142 completed inward M&A transactions involving a change in majority share ownership....
...The company is expected to report a loss of $1.21 a share, compared with a loss of 69 cents a year ago....
...Emeritus Professor Albion M UrdankUniversity of California, Los Angeles, US...
...Vandevelde, 73, is presently a director at the company and will replace chief executive Fabien Simon at the start of April on an interim basis and lead a search for a new CEO....
...Harris, 37, who replaces Leo Varadkar, won Tuesday’s vote in the Irish parliament, the Dáil, by 88 to 69....
...To have lost “this badly” meant many people had “got this wrong and I’m certainly one of them”, Varadkar said, adding the government would fully respect the outcome of the vote....
...Wow — 69 per cent! That’s great, what’s the breakdown? Oh. So actually about a third have any meaningful recognition of the agency. But 67 per cent agreeing they trust Eurostat is great!...
...the FRC.The disclosure of accounting errors forced M&C Saatchi to adjust its headline profits before tax by £14mn and its statutory pre-tax profits by a total of £28.1mn for 2018 and previous years....
...M&S’s contract with HSBC, which owns M&S Bank, is up for renewal. M&S is likely to push for more control and a bigger cut of the spoils....
...H&M has appointed Daniel Ervér as new chief executive of the group, succeeding Helena Helmersson. Ervér has been with H&M for 18 years, most recently as the head of the H&M brand....
...Among the failings on the M&C Saatchi audit, the FRC said KPMG did not apply sufficient professional scepticism over a client payment that increased revenues by £1.2mn....
...Bristol Myers Squibb raised $13bn in a large bond deal on Wednesday that will help fund two acquisitions....
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