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...Smith & Nephew had given a “compelling rationale” for paying more to its US-based leaders, Glass Lewis said....
...Pay has been a source of antagonism for Smith & Nephew. In October 2019, Namal Nawana quit after 18 months as chief executive because the company would not meet his pay demands....
...Ofwat is due to make a draft decision in June and a final ruling early next year....
...Michael Gove has launched a legal action to force the landlord of a Canary Wharf apartment complex to pay £20.5mn towards building safety works, as the UK government increases efforts to pursue the owners...
...Proposed pay increases for executives at companies with large international operations such as the London Stock Exchange Group and medical devices manufacturer Smith & Nephew have sparked debate among investors...
...Keel, a former 3M and General Electric executive, joined London-headquartered Smiths in May 2021....
...You are being given a second chance to buy duration at a much better yield level than four months ago. Chance of rate rises: zero. Chances of rate cut this year, of some magnitude:99 per cent....
...The insurance sector is expecting a hefty bill....
...Michael Perry, a speaker at the show, recommends ditching high-maintenance lawns. “The only reason we have them is because we think our neighbours expect us to,” he says....
...“Even when we were kids, if I did well in a class, Michael would think to himself, ‘If he can do it, I can do it.’ And I’d think: ‘I can beat him.’”...
...Joe LeahyIt just seems inevitable that this year is gonna be a big year for trade tensions. Jessica SmithI’m Jess Smith and here’s the news you need to start your day....
...We start the week with a scoop on the growing clamour for a 24/7 New York bourse....
...The Brooklyn Tower Two years ago the developer Michael Stern toasted his super-tall tower at 9 DeKalb Street as “a symbol of Brooklyn’s unceasing drive and ambition.”...
...Peru’s Rolex scandal: Peruvians have watched the political scandal involving their president Dina Boluarte with a mix of weariness, disgust and despair, writes Latin America editor Michael Stott....
...tale in a large-scale mural....
...Sotheby’s is looking to borrow $500mn for three years* against a pool of loans it provides to filthy rich art collectors, through a new securitisation vehicle the auction house has dubbed ArtFi....
...CERAWeek: Chevron chief executive Michael Wirth addresses the energy conference a day after ExxonMobil chief Darren Woods spoke about the tense dispute with its rival in Guyana. Here’s what he said....
...US-based International Paper has agreed to buy UK rival DS Smith in a deal valued at £7.8bn, the companies said on Tuesday....
...In March, the boss of Admiral said the sector was in a “different situation” and that the FTSE 100 company had even put through a “small price decrease” recently to win business....
...US Federal Reserve: Michael Barr, the Fed’s vice-chair for supervision, speaks at the National Interagency Community Reinvestment Conference in Portland, Oregon. Five more top stories 1....
...A&M, which has its headquarters in New York, declined to comment. Wall did not respond to requests for comment. A lawyer for Brooge declined to provide a comment for publication....
...Read a transcript of this episode on FT.com...
...Hill & Smith has lauded the performance of its US businesses, describing a “standout performance in composites and electrical utility”....
...Family trust sees glass half Fuller Like its hospitality peers in a sector grappling with a cost base that has risen significantly compared with pre-pandemic times, pub operator Fuller, Smith & Turner isn...
...US-based International Paper has agreed to buy UK competitor DS Smith in a £7.8bn deal, trumping a bid from London-listed Mondi as consolidation across the paper and packaging industry accelerates....
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