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...The Italian was a guest at the wedding of Alexandre Arnault in Venice in 2021 while the LVMH boss has vacationed at Della Valle’s summer home on the island of Capri....
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...Another short-selling aspect that often gets forgotten is how higher interest rates also help L/S hedge fund returns by increasing their cash returns....
...The head of F1’s governing body told the FT last week it was “damaging the sport”....
...As such the buyout does not look too shabby at 20 times this year’s operating profit on S&P Capital IQ estimates. But with more effort management might be able to double these earnings....
...(Alphaville believes that using L’Oréal as an O is cheating, even if it makes your acronym look nicer.)...
...People with knowledge of the situation said that the OFR was expected to be implemented this summer....
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...The Granolas as a group have climbed 18 per cent over the past 12 months beating the Stoxx 600’s 7.5 per cent rise over the same period....
...Using national level S&L data back to 1955, we find that changes in revenues over the prior year account for 40% of the variance in S&L consumption and gross investment....
...Equally, the few who correctly predicted inflation’s rise, such as Larry Summers, were too pessimistic about how entrenched it was. Inflation is poorly understood, and devilish to forecast....
...UK manufacturing activity returned to growth in March for the first time since the summer of 2022 thanks to strengthened domestic demand, according to a closely watched survey....
...Which American financial crisis of the 1980s and 90s was commonly abbreviated to the “S & L crisis”? Click here for the answers...
...Until March 3; further information and tickets here ‘Loading: L’art urbain à l’ère numérique’ (Loading: Urban Art in the Digital Age), Grand Palais Immersif An exhibition exploring the evolution of urban...
...The investor group also includes private credit groups Ares Management and HPS, and L Catterton, a private equity group that invested in Equinox in 2017....
...The S&P 500 dropped at least 2 per cent in a day on more than 20 occasions last year, while this year it has happened only once, in February....
...By mid-July the Spanish countryside has settled into its frazzled, heat-exhausted high-summer look....
...The Fédération de l’industrie Horlogère Suisse has released its export report for March 2024 and . . . hoo, boy....
...Unusually coloured vegetables are one answer, adding gaiety to a summer party....
...Free cash flow, however, reconciles those book accounting accruals of the P&L ledger to capture the real flows of actual dollars coming in and out....
...“At the time, leather was very slow for summer because everything was dull and heavy,” he recalls, so he decided to make things that were light and colourful....
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