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...Martin Kelly, senior Middle East analyst at maritime security practice EOS Risk Group, suggested Tehran would probably regard a physical — or kinetic — attack on the Behshad as crossing a “red line”....
...Shares in fast-fashion retailer H&M jumped more than 13 per cent in early trading after the company reported rising operating profits in its first quarter, signalling that it is on track to increase profitability...
...H&M will close more stores than it opens this year, he added....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. The inflation narrative could flip fast Jay Powell is worried about inflation again....
...Meanwhile, email me your thoughts: robert.armstrong@ft.com....
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...Miles Roberts, DS Smith chief executive, said: “The combination with International Paper is an attractive opportunity to create a truly international sustainable packaging solutions leader that is well positioned...
...Robert H Wade Professor of Global Political Economy London School of EconomicsLondon WC2, UK...
...“The Houthis are looking at open-source information that might not be updated,” Martin Kelly, EOS Risk’s senior Middle East analyst, said....
...Sainsbury’s also said former Robert Mulhall, a former executive at Allied Irish Bank, would replace Jim Brown as chief executive of the supermarket’s bank at the end of March....
...Charles Peabody of Portales Partners disagrees with Kelly....
...jemima.kelly@ft.com...
...Roberts said it was “business as usual for now at Sainsbury’s Bank”....
...Kelly pointed out the Indian Navy had a strong presence in the region of the attack and it was possible one of its ships would again intervene to rescue the Abdullah....
...The warning comes after similar updates from peers Hays and Robert Walters last week, with Hays also downgrading its profit forecast due to a “clear slowdown” in global jobs markets....
...Robert Walters shares were down by about 8 per cent in morning trading, while PageGroup shares were down 5 per cent....
...The ‘h’ is pronounced, you see, rendering the ‘an’ otiose. If you get my drift, Cornelius.”...
...“Entries on open-source platforms such as Marine Traffic are often used, which may not have been updated with recent ownership details, leading to attacks on unconnected vessels,” Kelly said....
...Jemima Kelly is an FT columnist This article has been amended since publication to reflect that Jeff Greene bought credit default swaps during the 2008 financial crisis Follow @FTMag to find out about...
...Intercontinental Exchange founder Jeffrey Sprecher and his wife, former senator Kelly Loeffler, are also co-chairs, as is World Wrestling Entertainment co-founder Linda McMahon....
...But to recall Robert H Jackson, chief US prosecutor at Nuremberg and associate justice of the US Supreme Court from 1941 to 1954: “We are not final because we are infallible, but we are infallible only because...
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. Shadowboxing with the term premium With 10-year yields now at 5 per cent, the rising term premium remains the talk of Wall Street....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. Powell talks tighter financial conditions An economy in rude health buys a central bank time to wait....
...The former home secretary’s comments come a day after immigration minister Robert Jenrick quit after deeming the bill — which orders the courts to ignore international law — as “fatally flawed” for not going...
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