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...Shares in fast-fashion retailer H&M jumped more than 13 per cent in early trading after the company reported rising operating profits in its first quarter, signalling that it is on track to increase profitability...
...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....
...But Azar appears to enjoy how much his arrival has set the tight-knit world of London’s top estate agents abuzz. “I am a very calculated guy. I’m a banker . . ....
...London market is a scapegoat for poor performance When a UK company’s share price goes south, simply blame the London market....
...The number of outward M&A deals was also down from the previous quarter and the smallest since the last three months of 2020....
...DS Smith, whose US buyer said would seek a secondary listing in London for the combined entity....
...M&G’s share price rose by about 2 per cent in morning trading....
...Council fined the Big Four firm for failing to meet audit requirements during its review of M&C Saatchi’s accounts for the year to December 2018....
...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....
Cash-and-stock agreement comes after a year of falling tech M&As amid heightened antitrust scrutiny
...I recently enjoyed staying at a Premier Inn Hub at Tower Hill, London, a converted office block where my father worked for many years....
...takeovers worth at least $10bn jumped in the first three months of 2024 compared with the same period last year, driven by large US deals in the energy, tech and financial sectors, according to data from the London...
Approach for Aloha state carrier seems timed to gain from a rally in the currency but there are factors working against that too
...Gove intervened and rejected M&S’s multimillion plans to rebuild the store in central London in July, two years after planning was approved by Westminster City Council....
...M&C Saatchi: Shares in the British marketing agency slipped 2.3 per cent after its full-year results showed a 2 per cent fall in revenues and a 10 per cent drop in profit before tax....
...“The relentless M&A and the de-equitisation, the lack of refilling the hopper is starting to bite quite hard,” he said. “I’m not convinced the IPO market is going to open soon.”...
...WhatsApp to Susan: I’m asking for your help here, don’t send me a “Let me Google that” link. WhatsApp to WesPete: Really good to talk last week Wes....
...H&M will close more stores than it opens this year, he added....
...“We’re going to leave London and move to Switzerland.”...
...In this era, according to Group M, an individual’s day-to-day experiences — “their entertainment, search and shopping recommendations, and even their news digest” — will become “increasingly customised and...
...“I’m two extremes. I’m very soft and I’m very hard, and I’m trying to find the middle ground,” he explained in 2001....
...Inchcape shares traded on the London Stock Exchange rose 5 per cent per cent on Monday....
...Pay them a £1 to £3 entrance fee per person and not a penny more, and they will give you an answer sheet (there are also, I’m told, app-based pub quizzes; the less said about those the better)....
...Moreover, the success rate for Japan’s outbound M&A has been lacklustre with a quarter of transactions made between 1990 and 2014 ending in write-offs, compared with about 5 per cent for US deals....
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