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...“Whilst I’d like to see some kind of kinetic action against the Behshad, I’m not sure we’ll see that in the near term,” he said. Additional reporting by John Paul Rathbone in London...
...“I’m not going to put a date on when I expect the UK to start the process of loosening monetary policy, but it is clearly the case that will be the direction of travel,” she added....
...Bailey hinted the idea was under consideration but suggested he was not convinced whether it was the right way for the BoE to go. “I’m certainly in two minds about the dot plot,” he said....
...Cleary Gottlieb has hired James Hu as a partner in New York to focus on M&A. He was previously at White & Case....
...But he said market expectations that the BoE was going to cut rates during this year were not “unreasonable”, adding: “I’m comfortable with a profile that has cuts in it, but that is not to say when or how...
...Despite two months of stubborn inflation data, Fed officials were “never going to come out and spook the market”, said Steven Blitz, chief US economist at TS Lombard....
...“Steve’s a very careful investor, and I’m assuming that he did his homework,” Wilbur Ross, a private equity investor who worked with Mnuchin in Trump’s cabinet, told the FT....
...But I’m afraid we have got to continue to do the work to make it happen.”...
...I’m very much in the gradualist camp.” Even if headline inflation fell sharply in the coming months, he said, “I am trying to find out what the underlying, persistent measures are . . ....
...I’m not suggesting it will be much lower, but there have been many surprises recently....
...I’m the last person on earth to discover these books but I am very much enjoying making my way through them....
...[but] in the most recent period, we’ve started regaining overall market share, so that pendulum has swung,” said James Bailey, who runs Waitrose, on Thursday....
...“The price is just too high today . . . so I think the oral pills will allow obesity drugs to be embraced at a large scale,” said Stevens....
...“I’m not sure what else they have left,” he said....
...“The relentless M&A and the de-equitisation, the lack of refilling the hopper is starting to bite quite hard,” he said. “I’m not convinced the IPO market is going to open soon.”...
...“I’m not sure how much equity he will have left to get the collateral,” Leitman Bailey said. There is also Mar-a-Lago, Trump’s club in Palm Beach, Florida....
...I said, hold a quarter of those potatoes back and I’m going to plant them in the right phase two weeks later....
...I’m a benign dictator. I’m not good at anybody telling me what to do.” King will turn 70 in June. Does that make him think about legacy?...
...Queen magazine – published by Jocelyn Stevens in the 1960s before it merged with Harper’s Bazaar UK in 1970 – is a title that Elegantly Papered recommends for collectors in search of a canny buy....
...“I’m going to tell you the truth,” says Vanya, a Ukrainian soldier serving in a reconnaissance unit fighting alongside marines on the east bank of the Dnipro river in southern Ukraine....
...“I’m a woman of my word. I’m not giving up this fight when a majority of Americans disapprove of both Donald Trump and Joe Biden.”...
...I’m aware people routinely lie about their age, height and weight — so why should debts or credit scores be any different?...
...“This is the first Oscar in Ukrainian history, and I’m honoured,” said Mstyslav Chernov, the film’s director....
...(I’m hoping it’s not a Boeing.) As it happens, the first ever Inside Politics was about the UK’s Rwanda scheme. So is this one....
...“Tony Kushner and Steven Spielberg,” he says. “But then what would my job be?”...
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