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...Elliott’s move, which marks its fourth major public foray into the Japanese stock market after engagements with Toshiba, SoftBank and Dai Nippon Printing, targets a company with a property empire that stretches...
...The deal leaves a “big question mark” over when the government might next intervene in the private sector to ensure economic security, said one investor....
...Oaktree, the credit investor co-founded by Howard Marks and Bruce Karsh, has been on a fundraising push as it looks to compete with larger rivals....
...F&F was the UK’s seventh-largest fashion retailer during Tarry’s tenure, he said....
...GlobalData forecasts that rival Marks and Spencer will continue to gradually grow market share in the UK clothing and footwear sector out to 2027, while John Lewis’s share is expected to stagnate over the...
...OK, Leo Lewis is the FT’s Asia business editor. Thanks, Leo. Leo LewisMy absolute pleasure. Thank you....
...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”....
...The recommendation marks a blow for Peltz, who is waging his second proxy battle against Disney in as many years....
...Mark Herr, a spokesperson for Lewis, said the businessman had “acknowledged his conduct in connection with a number of stock trades by individuals close to him” but “did not engage in improper trading in...
...The jumbotron above her flashed the words: “Who the F is Jenny Lewis?”...
...“No matter how well it has done since the market finally bottomed, the narrative has always been tempered with an element of scepticism that references the high-water mark.”...
...“What is different after this meeting is the yen now has upside potential,” said Mark Farrington, global macro adviser at Farrington Consulting....
...leo.lewis@ft.com...
...John Lewis Partnership declined to comment....
...“Israel has a right to defend itself, including, with the F-35,” he said. Dutch Prime Minister Mark Rutte met his Israeli counterpart Benjamin Netanyahu on Monday to reiterate that message....
...Sir Alex Younger, former head of MI6, joined a chorus of criticism from senior Conservative figures including the MP Mark Logan and Lord Nicholas Soames, grandson of Winston Churchill, telling the BBC on...
...The A350 is made of 51 per cent lightweight composite materials and [this] marks the first time that an A350 hull has been destroyed by accident,” it added....
...Earlier this year, former BBC director-general Mark Thompson became chief executive of cable TV news channel CNN, while Emma Tucker was named as editor-in-chief of The Wall Street Journal in December last...
...The FTSE 100 company, which sells its robotic warehouses to other grocers worldwide and co-owns the eponymous online supermarket with Marks and Spencer, is seeking to change its pay plan as the previous...
...The losses mark the latest fallout from the US commercial property market’s dual problems of fewer people working in offices since the pandemic and more expensive borrowing costs....
...Richard Hyman, partner at TPC, the retail consultancy, points out that until quite recently Marks and Spencer was considered to be weak, but that under-investment in John Lewis and Waitrose has made it easy...
...Shareholder adviser Glass Lewis had recommended that investors vote against Schwimmer’s new pay package, saying the large lump-sum increase was unjustified....
...The deal marks Japan’s largest overseas acquisition this year and signals that the country’s cash-rich corporations are returning to global markets as some of the world’s hungriest strategic buyers, said...
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