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...Professor Donald J Boudreaux Martha and Nelson Getchell Chair for the Study of Free Market Capitalism at the Mercatus Center, George Mason University, Fairfax, VA, US...
...MS: In an op-ed for us, you recently warned against the risk of public debt becoming excessively high....
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...Sainsbury’s net debt to ebitda ratio improved to 2.6 times at the end of the first half, after generating retail free cash flow of £520mn....
...But the awards show was relatively free of politics....
...Harold J Smith White Plains, NY, US...
...UK supermarket chain J Sainsbury has forecast that full year profit will come in at the upper half of the range it had previously flagged, as grocery sales rose by a tenth and market share continue to climb...
...It also said that free cash flow from retail activities would be at least £600mn this year, up from previous guidance of at least £500mn....
...Speak soon, Rutherford Find me on Strava, KoM Sydenham Hill, PR Al Jubailah/Bawdah Loop — 70 mins WhatsApp to MailJohn: Hi J, I wonder if I can interest you in a whiny wags story from Saudi....
...The company has said its talc is asbestos free and had not caused cancers but argues that settling current and future claims in the bankruptcy system would be preferable to fighting talc claims in the courts...
...Hyman, who is now free of cancer, is the owner of Nexus Media Group, which publishes business journals in the health and education sector. Did you think you would get to where you are?...
...It has a nice selection from Oregon’s Willamette Valley, Washington’s Columbia Valley and the Finger Lakes region of New York, which produces excellent Riesling (a personal favourite is Hermann J Wiemer’...
.../ From J Wilson Carswell, London W12, UK...
...The preppy branch speaks to a fantasy about moneyed ease, about how the upper classes, free from aspiration, fritter their time away sailing, hunting, playing tennis. It is east coast and old money....
...Bonus points for being fragrance-free. Another unfussy but effective range is musician Pharrell Williams’ Humanrace, which comes in refillable containers....
...“I have lived with MS for over 30 years and am now reduced to a bare minimum of physical function”, the former financial analyst wrote in his final note, which his family shared with the FT....
...It has compounded free cash flow at more than 50 per cent a year. The only possible response to this is awe....
...Companies including Lloyds Banking Group — which has offered staff free food in its offices — and Citigroup are among those that have pushed UK workers to turn up more frequently....
...At Schiaparelli, designer Daniel Roseberry went down the route of arresting creations for the extroverted dresser, and J Lo attended in a bespoke dress made from more than 7,000 rose petals....
...HOLD: J Sainsbury (SBRY) A strong Christmas season underpinned a bullish trading update for the supermarket group, writes Christopher Akers....
...Meanwhile, the cost of funds and the need to deliver decent returns over much higher risk-free rates make finding deals that really stack up nicely quite tough....
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