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...The Soul of the Party in the Age of Extremesby John B Judis and Ruy TeixeiraA rigorous dissection of how and why the once formidable Democratic coalition — forged almost a century ago in the New Deal era...
...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...
...You might quibble (as I did), when Burgis proclaims that “for something like two centuries — since Darwin, we might say — the pursuit of truth grew steadily more democratic”....
...The investor group also includes private credit groups Ares Management and HPS, and L Catterton, a private equity group that invested in Equinox in 2017....
...Della Valle added: “Our new partners will benefit us . . . it lightens my responsibilities toward my family, workers, our whole group which is indeed an Italian group.”...
...(Alphaville believes that using L’Oréal as an O is cheating, even if it makes your acronym look nicer.)...
...But what’s most entertaining is that the government goes ahead and shows the professor’s ongoing work calculating Alameda’s historical balances with FTX — basically the firm’s net P&L — from last year:...
...And yet: The Russell 2000 small-caps index has now lagged behind the S&P 500 large-capitalisation index since its inception at the end of 1978, overturning a century of return data across multiple countries...
...In the past 12 months the group has accounted for 50 per cent of gains on the Stoxx Europe 600 index, which hit a new high on Thursday, and for about half of all mergers over the past five years....
...“PE compensation is predominantly derived from the P&L of the firm — which is based on the management fee of the fund, and this is locked in for the life of the fund,” said Tom Thackeray, a partner at Heidrick...
...Free cash flow, however, reconciles those book accounting accruals of the P&L ledger to capture the real flows of actual dollars coming in and out....
...L’Oréal last year bought Australian high-end cosmetics group Aesop from its Brazilian owner in a transaction with an enterprise value of $2.5bn....
...It’s a very good way, especially a group ritual, of trying to assert power....
...director at S&P Global Ratings....
...“There is a lot of cover for the [protection and indemnity] element to address,” said Neal, citing the $3bn of liability reinsurance that the ship has access to through the International Group of P&I Clubs...
...“We had to show why some of the planting established in the 19th century as a statement of empire is not fit for the 21st century....
...After all, as Anne L Murphy writes, these are qualities earned over centuries....
...“For cabinets and beautiful, small side tables, it was a way of making wood look like a jewel,” says L’Objet founder Elad Yifrach....
...The Cheetah Plains initiative, which Essers describes as a “new model project space”, opened last week with a group show including Goodman’s artists William Kentridge, Sue Williamson and Kapwani Kiwanga....
...According to Morningstar data, JPMorgan is only the eighth-largest third-party provider of model portfolios in the US, a market led by BlackRock and Capital Group, followed by index providers Wilshire Associates...
...Walden, 59, arrived in 2019 following Disney’s acquisition of 21st Century Fox, where she was chief executive of the company’s television group....
...At the top end of the spectrum, and new to the scene here, is Yalla Nile, a 50-metre traditional dahabiya, the two-masted riverboats that have sailed the Nile for centuries (similar ones can be found depicted...
...Two weeks after losing its most prominent brand ambassador, the weight-loss group lost another fifth of its value on reports its lenders were preparing for debt talks after S&P cut its credit rating to a...
...Wholesale adoration of alcoholic, deep-coloured reds over the turn of the century has flipped into admiration, among hipsters and a whole new generation of wine drinkers, of pale, low-alcohol, often high-acid...
...Media will be a strong theme here with results from Fox, News Corp, Disney, Thomson Reuters and The New York Times Company....
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