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Pragmatism spurs a shift towards luxury lifestyle
...under his son, François-Henri, who now runs the group. The second P became obsolete in 2006 when Mr Pinault junior sold the eponymous...furniture retailer and Fnac, the entertainment retailer.Only the first P in the group's name looks likely to retain any relevance within...
Survey finds a world sceptical of free markets
...controlling major industries, while 67 per cent of the total wanted the state to intervene to distribute wealth more evenly.Steven Kull of the University of Maryland, which helped with the survey, said: "Some features of socialism . . . continue to appeal...
Corporate Diary
...behind it, writes Michael Kavanagh .Shares in Johnson Matthey, which traded as high as £20 last year, tumbled to a low of 640½p last November as worldwide vehicle production - and, alongside it, platinum prices - collapsed.But in June the company maintained...
Cadbury sweet on Hershey takeover
...confectionery company. Institutional investors believe that it is worth between 800p and 850p a share. Cadbury's shares closed at 800½p on Friday.Todd Stitzer, Cadbury's chief executive, has acknowledged the financial and strategic logic of a merger with Hershey...
Cadbury set to give Hershey a warm welcome
...Institutional investors have said they believe the company is worth between 800p and 850p a share. Cadbury's shares closed at 800½p on Friday.Todd Stitzer, Cadbury's chief executive, has publicly acknowledged the financial and strategic logic of a merger with...
Corporate Diary
...behind it, writes Michael Kavanagh .Shares in Johnson Matthey, which traded as high as £20 last year, tumbled to a low of 640½p last November as worldwide vehicle production - and platinum prices - collapsed.But in June the company maintained its dividend...
EC alleges S&P monopoly abuse
...securities such as bonds and equities. S&P has, for decades, run the CUSIP Service Bureau...objections, the European Commission alleges that S&P is abusing this monopoly position by forcing...than usage.Commission officials say that S&P does not incur any distribution costs for...
S&P quits Australia's retail investment market
...debt securities they rate.The decision by S&P, which is the market leader in Australia...convertible preference share issue.John Bailey, S&P's managing director for Australia and New...equities. The European Commission alleges S&P is abusing a monopoly position by forcing...
S&P quits Australia's retail investment market
...Exchange Commission in the US. The decision by S&P, which is the market leader in Australia...Australia's wholesale market.John Bailey, S&P's managing director for Australia and New...confidential and proprietary to third partiesS&P said it would apply to Asic for a "wholesale...
Movers and shakers: Nov 23
...form a new core active global equity investment partnership, majority owned by Hermes.● Close Asset Management has appointed Steven Mendel as head of wealth management. Mr Mendel was previously financial services director at Christie's. ● Chris Adolph has...
