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...The Schroder family owns 44.1 per cent of the asset manager, and for more than four decades there have been two board members connected to the family....
...AstraZeneca, the second most valuable company on the FTSE, won investors’ approval on Thursday for a pay rise of up to £1.8mn for its chief executive Pascal Soriot....
...Smith & Nephew’s share price is down 8.3 per cent over the past 12 months and is up 1.6 per cent this year....
...The UK’s FTSE 100 closed at a record high, boosted by weakness in the pound and rising expectations of interest rate cuts from the Bank of England....
...Further reading:— FTSE 100 closes at record high as sterling weakens (FT)...
...The gains mean the FTSE 100 has risen 3.9 per cent since the start of the year, outperforming the Nasdaq Composite, which is up 2.1 per cent....
...The FTSE 100 had already climbed to a record closing high on Monday....
...Sterling fell 0.4 per cent to trade at $1.232, its weakest since November....
...Tom Meakin has been appointed chief strategy and change officer on an interim basis while the FTSE 100 company searches for a permanent holder of the new position, according to an internal memo sent last...
...Investigations into alleged violence against women or sexual abuse by more than 1,600 serving officers and staff are ongoing....
...The UK’s blue-chip index was down 1.9 per cent by mid-afternoon on Tuesday, exceeding the 1.6 per cent declines of its peers in France and Germany. The mid-cap FTSE 250 fell 1.7 per cent....
...The FTSE 100 climbed above its all-time closing high in morning trading on Friday, as rising commodities prices boosted index heavyweights in the energy and mining sectors....
...The Japanese population fell at a rate of almost 100 people per hour in 2023 as the country logged its biggest ever annual drop since comparable records began in 1950....
...France’s Cac 40 added 0.1 per cent....
...The region-wide Stoxx Europe 600 fell 0.8 per cent, as did London’s FTSE 100. France’s Cac 40 fell 1.1 per cent and Germany’s Dax dropped 1.2 per cent....
...London’s FTSE 100 closed in on its record high on Friday as investors grew more confident that the central bank would make multiple interest rate cuts this year....
...European stocks slipped from a record closing high, while London’s FTSE 100 closed out its biggest weekly gain since September....
...Shares in DS Smith were down 1.7 per cent at 403p on Tuesday. Mondi declined to comment....
...Some companies are creating a role to fix the problem: the chief happiness officer....
...The index, which has lagged behind its peers in Europe in 2024, rose 1.9 per cent on Thursday....
...Shares in those seven unglamorous companies are up by an average of around 1,000 per cent over the past 20 years....
...Those losses grew by $1.8bn in 2023....
...About 15 per cent of current FTSE 100 CEOs were CFOs immediately prior to becoming CEO, versus the global average of 8 per cent....
...Nearly 2,000 ETFs launched in the US between 2019 and 2023, nearly double the 1,100 new mutual funds, according to Morningstar....
...The FTSE 100 group reported record pre-tax profits of $1.25bn last year and announced a $325mn share buyback....
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