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...Berruga’s resignation was followed by exits of executives including chief investment officer Jon Maier, chief operating officer John Belanger and head of finance Ronnie Riven....
...“Schools can deduct some input costs and make some savings, so the increase is more likely to be 10-12 per cent, perhaps a maximum of 15 per cent,” he says....
...All five suspects are due to appear at the Old Bailey on May 10....
...Parliament’s public accounts committee warned last month that the Ministry of Defence had a £17bn gap in its plans to equip the military over the next 10 years....
...Russia fired up to 60,000 shells a day before autumn 2022 — an amount that has dropped to about 10,000 a day and which includes supplies from North Korea and Iran....
...By the autumn, the price had been reduced to €1.95mn “Today, we’re talking about a price of €1.85mn,” he says....
...Qatar has released eight Indian former naval officers sentenced to death last year for spying for Israel, India’s government said....
...john.thornhill@ft.com...
...Pre-tax profits at the John Lewis Partnership were £56mn in the year to January, compared with a £234mn loss the previous year. Sales climbed 1 per cent to £12.4bn....
...Germany’s largest lender said on Thursday that first-quarter net income increased 10 per cent from a year earlier to €1.45bn, slightly above analysts’ expectations....
...Hardwick was forced to quit the parole board in March 2018 after judges overturned its decision to release John Worboys, who was convicted in 2009 for attacks on 12 women and initially given a life sentence...
...For example, in recent decades, a swing of just 1 million barrels can swing crude oil prices dramatically even in a market supplied by roughly 100 million barrels per day....
...Still, despite the sharp slowing of inflation from peaks of 9.1 per cent in the US and 10.6 in the eurozone in 2022, it remains a threat to investment portfolios....
...When my father [Nicolas Sarkozy] was elected president of France, I lived at the Élysée Palace – exciting for a 10-year-old....
...Overall, the 10,000 small companies in Zeki’s database hire more top AI talent than the big five combined....
...“He had a restless mind, an inquisitive mind and a great curiosity, and there was never a weekend [that] passed but you could get 10, 15, 20 ideas from John,” recalled Enda Kenny, Fine Gael taoiseach from...
...About nine in 10 S&P 500 stocks were trading lower as traders assessed US inflation data that was higher than expected for March....
...At about 10.55pm the vehicles began leaving the hangar. One car with “two to four” armed men drove north, while three vehicles drove south....
...It estimates the initiative will generate an additional £1.4bn by the end of the 2028-29 tax year....
...BMS uses WuXi Biologics to produce some ingredients in Revlimid, which generated $1.4bn in the first quarter despite coming off patent in 2022....
...Skechers agreed to pay a $1.25 million civil penalty to settle the SEC’s charges....
...Shareholders will vote later today on a plan to raise Soriot’s pay by £1.8mn to a maximum of £18.7mn in 2024....
...Salmon, who joined Trafigura in 2012 and had served as CFO for almost 10 years, will be replaced by the company’s CFO for Asia, Stephan Jansma....
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