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...The Hinkley Point C project is likely to exceed the revised £32.7bn estimate EDF put on it earlier this year after its Chinese partner CGN halted payments to cover mounting cost overruns....
...In recent weeks there has been a flurry of departures from the C-suite. This week Shell announced Ben van Beurden will step down at the end of this year after nearly a decade at the helm....
...Reynolds’ exceptional, full-length portrait of Mai presents his subject in a classical pose as an exotic, idealised figure, representing him as the epitome of Jean-Jacques Rousseau’s new concept of the “noble...
...Today it focuses on preserving Miyake’s legacy and developing the design culture for a new generation. miyakeissey.org J is for JW AndersonBritish designer Jonathan Anderson has donated to Akt, an LGBTQ...
...A total of 51 large retailers filed for bankruptcy in the US in 2020 — a decade high, according to S&P Global Market Intelligence....
...This time, Schake adds: “It has something to do with the moral clarity of who the good guys are and who the bad guys are. . . and the lack of noble undertakings going on in our own societies.”...
...In 2021, management consultancy PwC found that, out of 1,640 public companies it surveyed, 28 per cent said their CSO was now part of the C-suite — the highest executive level....
...C Coaching After Wimbledon, the men’s tour will trial allowing coaching during matches....
...A noble enough aim, we suppose....
...They illustrate their argument by comparing the paths to success of the richest people in Mexico and the USA (p. 39)....
...Nathan River has a marketing deal with Glencore....
...“Despite its noble goal, ESG investing unintendedly spreads the greatest illnesses of post-industrial economies....
...“Ultimately, whether you think this is good or bad for bonds ultimately depends on your view about the potency of monetary policy,” said Karen Ward, a strategist at J.P. Morgan Asset Management....
...Welsh, London; VW Durham, Cumbria, England; Rowan McKittrick, London Polymath 1,062: Susan J Tzotzos, Austria Crossword 16,401: David Jeffrey, Edinburgh; Michael Capparis, New York; J Morton, Glasgow...
...Citi’s Q4’20 forecast for parcel volumes is +9% (vs. consensus of c.+6%) and in FY’21 Citi expects +13% (vs. consensus of c.+8%)....
...Mais quand tout explose, votre P&L il explose avec, c’est ce qu’on est en train de vivre....
...All 3 UK names are the cheapest in our European coverage by some margin, at 10-12X P/E and 8-10% FCF yield....
...Or how about distressed department store chain J.C. Penny? It’s returned 195 per cent in the past week, despite filing for Chapter 11 on May 15....
...Pending further analysis, we assume a run-rate FCF of c.£75m, below the £97m generated in FY19....
...Overall, while the stock trades on only 0.25x P/TBV there remains no visibility on when it will generate sustainable profits....
...His annual January letter to the chief executives of the S&P 500 is a must-read, and last year he called on them to take a more active role in addressing societal issues, from retirement to infrastructure...
...Calquence is one of AstraZeneca’s big pipeline hopes, going head to head with J&J’s $6bn market leader Imbruvica....
...He is proud that Hilton, which has made it to a centenary, is a “rare phenomenon” among S&P 500 companies....
...It also compares to listed peers such as Rathbones on c.15x P/E and SJP (a higher quality business in our view) on c.19x P/E....
...It is a noble aspiration....
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