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...The co-chief executive paid £664.5mn in tax last year, according to The Sunday Times Rich List....
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...Oil trading represents about 30 per cent of total revenues, but alongside gas and power trading, the group is also investing in green technologies such as battery storage and biogas....
...“They have a choice: to sell, to store, or to scrap,” said the Korea-based manager....
...TGT, whose directors are Yield App co-founders Wright and Jason Corbett, also took aim in its filing at the fund’s independent committee, which it said has refused to take part in the criminal proceedings...
...Shoppers started favouring smaller, closer stores like the Alibaba-owned supermarket chain Hema Xiansheng....
...Shares rose almost 10 per cent in morning trading to about 2,743p, taking them up more than 30 per cent in the past 12 months....
...The retailer said there were levers it could pull to offset this, such as growing its co-branded credit card business....
...That’s a difficult place to be and you end up trading on price.” John Lewis shut 16 stores during the pandemic, cutting the total to 34 as it implements a protracted turnaround plan....
...They are a portable, resilient and long-lasting store of nourishment in times of need — from dire to impulsive and all points between....
...budget by trading down from mid-market players”, said analysts at GlobalData....
...Privately owned Mercuria has not outlined a succession plan for CEO and co-founder Dunand, who is 63 this year....
...The Swiss trading house was forced to take a $1bn impairment charge on its Mutanda mine in the DRC with its annual results last week after adjusting production plans....
...The chain is seeking rent reductions on 39 of its about 100 UK stores to be able to stay afloat and secure emergency cash, as it tries to return to a “more stable footing”....
...In the UK asset manager’s latest annual review (out last week but we only got around to reading it) co-CIO Maxey revisited his 2022 prediction, and mused on whether the danger has “been averted, or merely...
...The dual bids have pushed Hipgnosis’s trading price above its net asset value, just a month after the value of its catalogues were slashed by 26.3 per cent....
...Thai investor Central Group is set to take control of the company behind London’s upmarket department store Selfridges, amid a financial crisis at its Austrian co-owner Signa....
...A CVA is a type of insolvency that usually results in landlords agreeing to hefty rent cuts in exchange for keeping stores open....
...Yet CVC, which holds an 86 per cent stake alongside the Kreke family, who remain co-owners, will still need to be patient before it achieves a full exit....
...Country Garden, which defaulted on its international debts in October, said it would delay the release of its annual results for 2023 beyond a deadline of March 31 and expects its shares to be suspended when trading...
...Through that work, “S&C knew, or was in a position to know, that FTX was co-mingling customer assets”, the professors contended, referring to FTX founder Sam Bankman-Fried’s misuse of account holder funds...
...The bank’s profits rose 28 per cent in the first quarter, buoyed by its hallmark trading business....
...Taqa’s statement was made shortly after the Spanish regulator suspended trading in Naturgy shares on the Madrid stock exchange....
...Hybrid stores will sell a mixture of Shoe Zone’s cheaper, own-brand footwear and more expensive branded alternatives....
...Samsung shares were trading 0.7 per cent lower on Friday morning after rising about 30 per cent over the past year. Detailed results will be announced at the end of the month....
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