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...The overhaul marks the latest big change inside the empire of JAB, the European investment group best known for its ownership of Pret A Manger, Coty and Krispy Kreme....
...NewRiver Reit founder Mark Davies will replace Hyman at the helm....
...Speaking on Sky news on Monday, deputy foreign secretary Andrew Mitchell described the incident as an “appalling episode”....
...This post has been amended to correct the percentage increase in the S&P 500 on Thursday...
...My mother had to go to M&S to try her luck. She was furious. The bottom line is, if you are a regular meat eater you should shop at your local butcher all year round....
...BUY: DFS Furniture (DFS) The sofa retailer’s results were not inspiring, but the market has been overly harsh, writes Mitchell Labiak....
...A Marks and Spencer superapp would be catnip for investors and Middle England alike. Little wonder that a report claiming it was on the cards sparked the odd frisson....
...The Mitchell works are topped by her colourful “Noon” (c1969, est $15mn-$20mn), bought in 2016 for $9.8mn....
...Under M&S’s proposals, three existing buildings would be demolished to make way for a nine-storey development, including a new M&S store, restaurants, offices and a gym....
...This story has been amended to correct the percentage increase in the S&P 500 on Thursday...
...The S&P Global flash UK composite output index rose to 54 in April from 52.8 in March, well above the 52.6 forecast by economists polled by Reuters, according to data released on Tuesday....
...The S&P 500 has yet to eclipse its intraday high for 2023, which was reached in July. The Nasdaq Composite rose 0.6 per cent on Friday to a four-month high....
...The Dutch-listed company, which has market value of €10.3bn, is turning to former Marks and Spencer chief executive Luc Vandevelde to be chair and interim chief executive, according to people with direct...
...Jefferies analyst Mark Wilson suggested UK investors were more cautious than those invested on the Tel Aviv Stock Exchange....
...(The Borg has quoted a JPMorgan exec predicting $30bn in secondary-market transactions this year, which would nearly double 2022’s $17bn.)...
...MJ Gleeson (GLE) Investors have failed to appreciate the benefits of this developer’s market niche, writes Mitchell Labiak. MJ Gleeson is not a typical listed housebuilder....
...Marks and Spencer co-chief executive Katie Bickerstaffe is stepping down after less than two years in the role, leaving Stuart Machin as the sole boss of the UK retailer....
...The S&P 500 closed at a record high on Wednesday as tech stocks led a broad rally in the benchmark US index....
...The S&P 500 notched a record high close on Wednesday as tech stocks led a broad rally in the benchmark index....
...The S&P 500 briefly touched the 5,000 mark for the first time within the final seconds of Thursday’s session, but was unable to close above the threshold....
...If the gain holds, it would mark the S&P 500’s first-ever close above 5,000. The tech-heavy Nasdaq Composite gained 0.5 per cent....
...The benchmark index was up 0.8 per cent on Wednesday afternoon, hovering a few points below the 5000-point mark....
...The remarks are an echo of those by Marks and Spencer’s chief executive Stuart Machin, who has described his team as “always positively dissatisfied”....
...Nestlé chief executive Mark Schneider said he had expected a slow start to the year but that there would be a “strong rebound” in real internal growth in the second quarter of the year....
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