Hints and tips:
...Since 2017, Ackman has rebuilt Pershing Square by focusing on more passive investments in restaurant group Chipotle Mexican Grill, retailer Lowe’s and hotelier Hilton Worldwide....
...Steven Mnuchin told the Senate on Tuesday that the US Treasury was “fully prepared to take losses” on loans set aside for struggling businesses in March’s $2.2tn stimulus package....
...“The coronavirus outbreak overseas is having a significant effect on the Australian economy at present, particularly in the education and travel sectors,” said Philip Lowe, RBA governor, in a statement....
...The statement from the Reserve Bank of Australia’s governor Philip Lowe prompted Donald Trump to take to Twitter and urge the Federal Reserve to follow suit and cut interest rates in the US....
...Big retailers including Walmart and Lowe’s posted robust sales last quarter....
...Since then, the group has maintained a lower profile, engaging behind the scenes with management of Chipotle, Lowe’s and United Technologies....
...“I would see merit in making this interpretation clear to the wider public as soon as possible,” said Steven Maijoor, Esma’s chair, noting the January 21 deadline....
...When Steven Mnuchin, US Treasury secretary, called at the G20 meeting in Buenos Aires last weekend for trade on a “fair and reciprocal” basis, economists would say this already applies to transatlantic commerce...
...Robert Niblock, the long-time chief executive at home improvement retailer Lowe’s, is retiring. The move comes after pressure from hedge fund DE Shaw to make board changes....
...Dr Lowe describe a domestic economy that seemed in slightly better shape than the one Glenn Stevens, his predecessor briefed parliament about in February....
...Structurally, there’s little difference between what Lowe & Co have delivered today versus the September statement, which was the final meeting for former governor Glenn Stevens....
...While Dr Lowe is expected to provide a smooth transition from his predecessor Glenn Stevens, there’s a bit more speculation as to whether Dr Patel will follow in the footsteps of Raghuram Rajan, known for...
...After a 10-year run, the governor will hand over the reins to Philip Lowe later this month, but this is the last policy decision he will preside over....
...later this month from Glenn Stevens, writes Peter Wells....
...Mr Stevens will officially step down later this month, following a decade at the helm of the bank, and will be succeeded by his deputy Philip Lowe....
...His deputy, Philip Lowe, will succeed him (like the well respected Mr Stevens he is an RBA lifer, having joined straight from university in 1980) when he officially steps down on September 18 – a decade...
...Skirting that near-zero boundary will be the perhaps unenviable remit of Philip Lowe, who takes over as RBA governor from mid-September....
...Philip Lowe has been named as successor to Glenn Stevens, and will take over the reins at the Reserve Bank of Australia in September....
...A weaker currency would let the RBA save its interest rate cut for Philip Lowe, Mr Stevens’ successor....
...He officially hands over to Philip Lowe mid-way through this month....
...The meeting is the penultimate for governor Glenn Stevens before he retires in September to be replaced by his deputy Philip Lowe. The RBA’s next policy meeting is on September 6....
...Later, the RBA said Philip Lowe has been named as successor to Glenn Stevens, and will take over the central bank’s reins in September....
...Following weeks of rumours that it was building a stake in IPG, Elliott disclosed on Thursday that it had acquired a 6.7 per cent interest in the company, which owns McCann, Lowe and Partners and IPG Mediabrands...
...Director Steven Soderbergh had retired, we thought. But perhaps making a television film for HBO does not count....
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