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...But the biggest hurdle to any deal would have been 888’s £1.7bn debt pile, left over from the acquisition of William Hill’s non-US business from Caesars Entertainment last year, they added....
...S&P Global Commodity Insights said on Tuesday that the US would struggle to meet demand for critical minerals such as nickel by relying on domestic sources and free-trade partners — a condition to secure...
Chief CS Venkatakrishnan sets out ambitious plan to boost revenue and revive bank’s depressed valuation
...Contracts tracking Wall Street’s benchmark S&P 500 were up 1 per cent and those tracking the Nasdaq Composite were up 1.8 per cent ahead of the New York trading session....
...“M&S has a history of overpromising and underdelivering.” The strong performance from Tesco and M&S comes a day after rival J Sainsbury disappointed investors with weak general merchandise sales....
...Sales at Greencore, which supplies packaged food products to almost every big supermarket chain including Tesco and M&S, have been buoyed by workers returning to offices following the pandemic....
...The profit warning — 888’s second since September last year — is driven by rising investment in automation, AI-powered data and research, and marketing, offsetting a hoped-for £30mn boost from a cost-saving...
...Sunak said in a recent article in the Times that he “understand[s] people’s anger when that dream [of home ownership] feels too far away for too many, especially the younger generation”....
...China, where gambling is banned, ranks among one of Bet365’s biggest markets, the people added....
...Back in 2019, my colleague Oliver asked Buffett if he should put Berkshire or an S&P tracker fund into his young son’s college fund....
...The company said it would continue to increase the number of M&S food products available to order via Ocado, “to combine the strength of M&S Food with Ocado’s unique and proprietary technology”....
...“We do not have powerful enough regional government[s] that can . . . do the bruiser deals that are needed.”...
...Combined, the companies will produce about 7.4bn cubic feet of gas a day, according to S&P Capital IQ, overtaking the current number-one producer EQT, which produces about 5.4bn cu ft/d....
...With just 40mn outbound trips in the first half of 2023, Chinese tourism has yet to rebound to near the level of 2019’s 155mn trips....
...Economic indicators: S&P Global releases the latest purchasing managers' indices for the EU, France, Germany, Italy and the UK....
...Additional reporting by Oliver Roeder in New York and Eva Xiao in Baltimore...
...UK companies are not required to disclose their leadership’s use of private jets, unlike in the US where businesses on the S&P 500 last year spent an average of $82,698 on private flights for executives,...
...Instead, such events are supposed to be, as the author notes, “something that happen[s] in Russia”. With proximity comes bias. Given the circumstances, that is entirely understandable....
...The UK is 888’s biggest market, accounting for around two-thirds of group revenues....
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