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...A new model would enable Lloyds to “move at greater pace” with clearer roles and responsibilities, he said....
...However, the data also indicated a steep increase in average cost burdens, which had grown at their fastest pace since May 2023....
...China’s services sector expanded at a quicker pace in November, as demand strengthened in Asia’s largest economy....
...Despite the woes of its manufacturers, Germany’s PMI reading rose above the 50 mark that separates growth from decline for the first time in 10 months....
...However, he is increasingly under pressure to keep pace in the fast-moving AI race with Silicon Valley groups such as OpenAI, Microsoft and Alphabet’s Google, which has forced him to boost investment in...
...The annual gathering of the biggest names in the oil and gas industry kicked off on Monday with ExxonMobil and Saudi Aramco delivering bullish forecasts for fossil fuel demand and questioning the pace of...
...UK house prices fell at the fastest pace in more than a decade in November, driven by a sharp decline in London, according to official data that reflects the impact of high interest rates on the property...
...Companies rarely go to court to block shareholder motions, and Exxon’s case marks the first time it has done so. Read more here....
...The vote marks a victory for Labriola and demonstrates investor support for his €22bn deal with KKR....
...The fresh jolt of inflationary pressures marks a setback for an economic policy overhaul that kicked off after President Recep Tayyip Erdoğan’s re-election in May....
...International hoteliers are racing to expand their portfolios at a time when high borrowing costs in Europe have slowed the pace of new construction....
...Activity in China’s services sector expanded at the fastest pace in five months in December, according to the Caixin services purchasing managers’ index....
...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”....
...Marks and Spencer has become the latest UK retailer to increase wages as large supermarket groups continue to battle to retain workers....
...UK economic activity increased at the fastest pace in seven months in January, according to a closely watched survey that suggests a recovery in the private sector is gaining momentum....
...That slowdown would mark the slowest pace of inflation in nearly three years and would be a welcome sign of easing price pressures for the Fed when it next meets at the end of January....
...Wall Street had predicted Tesla would sell about 2.2mn vehicles in 2024, which would mark an increase of 20 per cent — far lower than the 50 per cent annual growth rate it pledged three years ago....
...Companies rarely go to court to block shareholder motions, and Exxon’s case marks the first time it has done so....
...Her vocals resemble soliloquies with immaculately timed shifts in pace, tone and emphasis. The music is her stage....
...Conventional forecasting models have been more off the mark than usual in this post-pandemic recovery. But why?...
...It is the 10th consecutive month that the eurozone PMI reading has been below the key 50 mark that separates contraction from expansion....
...It was the first time the PMI posted above the 50 mark that separates expansion from contraction since July 2022....
...The S&P Global PMI index was revised up last week but that left it unchanged at 47.6, remaining well below the 50-mark that separates contraction from expansion....
...“Obviously, there’s been a bit of a debate about the pace but that’s to be expected,” he said....
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