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...Meanwhile, hotel investment volumes in the UK last year fell 38 per cent to €2.2bn, contracting nearly 70 per cent from pre-pandemic levels....
...These combine performance-related pay and restricted share schemes, under which shares are usually awarded so long as a minimum performance level is met and the executive continues to be employed....
...Vitamin Well had annual revenues of roughly €500mn in the 2023 financial year, according to a person familiar with its performance....
...However, it did not expect the performance at Gucci to improve much in the second quarter....
...In the federal government, for example, this data transparency led to us putting congressionally mandated contracting goals in the key performance indicators of senior buyers....
...The drop in performance fees was in large part due to a disappointing year for the computer-driven quantitative strategies for which Man Group is known....
...Last week, the group said that it would buy back £1bn of shares in 2024, and proposed increasing its full-year dividend by 8 per cent....
...The retailer did not break down the performance by region, but analysts at Investec believe the biggest squeeze on profits will probably have come from the UK and the US....
...Net income at the state-owned group was $121bn last year, the company said on Sunday, down about a quarter from the $161bn set in 2022 when soaring fossil fuel prices supercharged profits to record levels...
...US lawmakers are seeking to restrict companies with federal funding from contracting with biotech groups deemed to be a threat to national security....
...The region-wide Stoxx Europe 600 added 1.1 per cent — led higher by strong performance from technology groups and healthcare stocks....
...“Parent” groups 3M and GE Aerospace rallied since the separations and ended the week higher, while Solventum and GE Vernova ended their first week of trading in the red....
...The Office for National Statistics on Thursday releases its first estimate of the economy’s performance for the final quarter of 2023....
...Prada group’s revenues grew 16 per cent to €1.2bn in the first quarter compared with the same period last year, driven by sales at its youth-focused brand Miu Miu, adding to a mixed set of results for luxury...
...US lawmakers have put the sector under scrutiny in relations with China and are seeking to restrict companies with federal funding from contracting with “foreign adversary” biotech groups of “concern” deemed...
...FTSE 100 water group Pennon has bought Sutton and East Surrey Water from its Japanese owners in a sign of the continued appetite for UK water assets despite concerns over their performance....
...Investors will be looking for more information on that, as well as signs of improving performance, when Vodafone reports interim results later this month....
...Tim Moore, economics director at S&P Global Market Intelligence, said last month marked “the best performance for the construction sector since August 2023” but cautioned that contractors were still feeling...
...Bayer’s new chief executive Bill Anderson has blasted the German conglomerate’s performance as “not acceptable”, underlining the group’s struggle to revive its fortunes after the ill-fated acquisition of...
...Groups such as Apple and Pfizer increasingly use contract manufacturing or merchanting arrangements to have their products made in low-cost countries, often in Asia, but they keep the intellectual property...
...Corvex has become the latest US activist hedge fund to disclose a significant stake in Ladbrokes owner Entain, saying a more radical overhaul was needed to turn around the group’s “unacceptable” performance...
...Sales at French luxury group Kering fell in the fourth quarter as revenues at all of its major brands pared back, though the company said performance improved over the period in Europe and the US....
...Over 10 years it has delivered a total return of 46.5 per cent compared with its peer group average of 32.5 per cent, according to Citywire....
...“Instead of contracting, the economy has continued to grow, driven by American workers and President Biden’s economic strategy.”...
...Sarah Bradbury, chief executive of the Institute of Grocery Distribution, an industry group, said grocers “benefited from Easter falling in March this year”, adding: “This marks the fourth consecutive month...
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