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...Similarly, UK-based specialist Clive Sutton customises V-Class and Sprinter vans to a similar spec, with prices starting from £180,000....
...WTW’s Tim Rourke said the data suggested “the relentless rise in prices may finally be turning a corner”....
...The price rises have sparked concern among insurance buyers and consumer groups....
...Take a break from the news V-necks have been verboten for as long as most of us can remember, writes Teo van den Broeke....
...And the contrasting reactions in the would-be buyers’ share prices reflect the options on offer to DS Smith....
...DS Smith on Tuesday said US-based International Paper had proposed an all-stock deal that would offer the company’s investors about 415 pence per share, representing a 48 per cent premium to DS’s share price...
...Free cash flow was up to £85.7mn (from £69.2mn in 2022) thanks to cost reductions, lower inventories and lower raw material prices....
...Asset prices have been another point of concern, especially for houses....
...For example, the BIS estimates that allowed leverage, defined as the contract price divided by initial margin, in five-year Treasury futures remains elevated but has fallen from around 175x prior to the...
...Here’s what else I’m keeping tabs on today: Gold price: The price of the precious metal hit another record high this morning after the Federal Reserve signals it intends to cut interest rates even as inflation...
...Jessica SmithI’m Jessica Smith, in for Marc Filippino, and here’s the news you need to start your day....
...Oil prices yesterday rose above $90 a barrel to settle at their highest closing price since October as renewed tensions in the Middle East sent tremors through markets....
...International Paper’s offer marks a 48 per cent premium to the value of DS Smith’s share price at the close of trading on February 7, just before the Mondi approach became public, and comes amid a bout of...
...The slowdown of annual consumer price growth from 2.6 per cent the previous month reflected smaller increases in food and goods prices, which offset steady services prices....
...A hard market, in industry parlance, is a period of rising prices where supply falls significantly behind demand....
...This will enable you to determine an equilibrium market price for each day based on an analysis of supply and demand and thus price every day by reference to the cost of employing a person that day....
...Brazil’s statistics agency IBGE publishes producer price data for February....
...Lloyd’s of London has delivered its best underwriting performance since 2007 and signalled that commercial insurance prices are likely to stay high in the coming years....
...However, Britain’s Department for Culture, Media and Sport has placed a temporary export bar on the carving and given the V&A until June 14 to raise £2mn so it can match the price paid by the American institution...
...All this data combined is used to decide whether to offer insurance cover and at what price....
...Chart of the day The price of cocoa surged past $10,000 a tonne for the first time yesterday, as a dizzying rise in prices caused by poor harvests in Africa continued to accelerate....
...Surge pricing: The changing of a product’s price in real time is generally unpopular, writes Tim Harford, but when a price is right, more transactions are made and trade benefits....
...Admiral’s share price was unchanged in early trading on Thursday....
...Things were worse at the operating level, where operations delivered a loss of £190mn, as motor policies written at lower prices continued to have an impact....
...The flows have helped to push up prices and compress so-called spreads....
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