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...Since taking the helm in 2019, Hudson has described his strategy to reboot Sanofi as “play to win”. Investors will require that his commitment to R&D actually leads to wins....
...Shortly after the court order, Chinese media reported that Evergrande’s chief executive Shawn Siu responded that the company would “do everything possible” to ensure the continued delivery of property development...
...“I think something that I should have explained better at earnings was that almost all of the increase in investment in R&D is in D. Because that’s where the action is for us....
...“China used to be a place where you’d know when this sort of thing would be published, but that has changed radically,” said Alicia García-Herrero, chief Asia-Pacific economist at Natixis, who described...
...Goldman Sachs chief executive David Solomon, who was on the same panel, joked in response: “You could join our world and have more ink on your fingers if you’d like.”...
...“We said that when we earned the right to invest more in R&D, we would . . . We’re doubling down on our science and innovation where we can make the biggest difference for patients,” Hudson said....
...“A ceasefire could become a de facto partition after which they’d have to try to put Sudan back together again,” he said....
...“I’d have thought we’d be done derating after a few months but I was really surprised by the size of the cuts to exposure in August,” said a portfolio manager at one US investment group, who expressed doubts...
...“Ideally they’d want to cut rates without renminbi depreciation, but given how strong the dollar is and how high US interest rates are, you can’t do that,” said Hui Shan, chief China economist at Goldman...
...Neal Hudson, housing market analyst at Residential Analysts, said: “There would be a greater risk of negative equity obviously with this, you’d also be paying a premium mortgage rate, and it doesn’t necessarily...
...However, a cut to earnings forecasts because of the increased R&D budget caused shares to fall almost 20 per cent in one day, and they have remained in that range....
...She recounts seeing a picture of Birkin, Serge Gainsbourg and their dog that she’d never seen before....
...In “Remembering Bertha” by De’Shawn Charles Winslow, a musician recounts his great aunt’s funeral in North Carolina as a 10-year-old boy....
...Meanwhile you’d reckon that supply shocks, such the Houthi attacks on shipping lanes, would be helping my energy bet....
...And everything went on sale, twice a year — even at Harvie & Hudson (I like their collars). Ties were simple too....
...“You’d imagine a lot of these subsidiaries on the mainland have their own creditors and bank debt, so a lot of them could themselves be insolvent and not really able to deliver any value up the structure...
...A seafarer’s respite, the rooms are cabin-sized, with a single bed and a tiny sink at the end, with perhaps a glimpse of the Hudson. There was no pretence of an invitation to stay forever....
...Adam Carroll, a Hudson Valley-based estate agent with Compass, mostly works with high net worth buyers who are browsing in the area....
...“If you’re a Chinese investor, you’d want to see foreigners investing. It would give you more comfort.”...
...Satisfied customers include Andy Sneap (Judas Priest) and Shawn McQuiller (Kool & The Gang), so it’s pretty versatile, too....
...Last month Saks Fifth Avenue parent company Hudson’s Bay Company raised $340mn in funding after months of unpaid invoices reportedly led several vendors to halt holiday shipments....
...Russia, a member of Opec+, also said it would extend its existing production cut of 500,000 b/d until the end of the year....
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