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...Additional reporting by Michael O’Dwyer and Siddharth Venkataramakrishnan in London...
...Michael Barr, the Federal Reserve’s vice-chair for supervision, has already hinted that the US central bank may be prepared to make adjustments following a comment period that is due to run until mid-January...
...XTX, one of the world’s biggest proprietary trading and market-making groups, had sought to use Aviva Investors’ and L&G Investment Management’s money-market funds to invest some of its own cash....
...Luxury Australian marque Aesop was sold to L’Oréal for $2.5bn in April and last month Natura agreed to sell The Body Shop to private equity firm Aurelius for a fraction of the price it paid in 2017, after...
...Natura offloaded luxury Australian beauty outfit Aesop to industry rival L’Oréal earlier this year on an enterprise value of $2.5bn....
Police claim rare success after shooting key ally of warlord
Chancellor warned that abolition of the regime will lead to well-heeled foreigners leaving the UK
Pair angle for opportunity with tie-up of stockbroker Panmure Gordon and rival Liberum
Speaking at FT Global Banking Summit, Bim Afolami says watchdogs should not aim to oversee ‘safest graveyard’
Prime Minister Ariel Henry hopes Kenya-led force will shore up security as armed gangs overrun capital
...Additional help by Sam Giovinco, Peter Barber, Saffeya Ahmed, Michael Lello, David da Silva and Gavin Kallmann. Our engineer is Monica Lopez. Topher Forhecz is the FT’s executive producer....
...This is half the level of US competitor Philip Morris International’s price/earnings ratio....
Crisis-hit business lobby group looks to contributions from members and bank loans
...Current non-executive directors include the chair, Martin Gilbert, who co-founded Aberdeen Asset Management, and Michael Sherwood, a former Goldman Sachs co-head for Europe....
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...Michael Winckless Bangkok, Thailand...
...been fending off calls from its largest shareholder, Chinese insurer Ping An, to break itself up into east-west divisions to improve returns and help it manage what the chair of Ping An Asset Management Michael...
Industry has previously been able to rely on big companies paying high prices for flexible bookings
...One example is Aesop, the Australian high-end soap maker known for its vegan products, which Natura sold to L’Oréal in a $2.5bn deal earlier this year....
...The album originates from bootleg recordings of a show at L’Olympia in Paris, re-engineered for official release. The audio quality is decent....
...The Federation Internationale de l’Automobile (FIA), which governs motorsport, has agreed to let Michael Andretti add a team to the grid....
...A valuation topping $9bn would mark an impressive outcome for L Catterton, which is backed by the French luxury fashion house LVMH....
...Earlier this year, the Brazilian parent sold its high-end Australian cosmetics maker Aesop to L’Oréal in a $2.5bn deal....
...advertising slogan delivered by celebrities such as Samuel L Jackson and Jennifer Garner, is the 12th-biggest US bank by assets....
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