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...Oil-based polyester represents about 54 per cent of the global fibre market and only about 1 per cent of it is currently recycled....
...Ervér said the new competition “requires us to react quicker” but that “really nailing price and fashion” is “doing something that lower-cost can’t”....
...For example, there would be a one-day mismatch if a manager wished to sell a European stock trading on T+2 and buy a US stock trading on T+1, he said....
...So clear focus of minds on T+1 is needed....
...But on May 28, that two-day process will become a one-day process, or T+1. The aim is laudable — time is risk....
...In the personal consumption expenditure index, which the Fed targets, it’s just housing; core PCE ex-housing is running at 2.1 per cent. Remember the story in shelter inflation....
...Most US settlements will move from T+2, or two business days after the trade is agreed, to T+1....
...Net sales in the period were down 2 per cent to SKr5.4bn (€4.7bn) while revenue from March 1 to 25 was up 2 per cent in local currencies....
...While the ETF itself will settle on T+1, some of the underlying components of the ETF may be in markets that settle at T+2 or T+3....
...Todd H Baker is a senior fellow at Richman Center for Business, Law and Public Policy at Columbia Business School and Columbia Law School Loan accounting in a bank should be straightforward, delivering...
...We saw this online yesterday (h/t @quantian1): . . . “97% of the public agrees” that Basel III Endgame is “bad for working Americans”? What does that even mean?...
...Donald H MalcolmCardross, Dunbartonshire, UK...
...He doesn’t share more but says: “It feels like everybody is running but I’m going a bit more slowly....
...Some industry groups are less enthusiastic about a potential move to T+1 in Europe....
...As befits an AI proxy, Intuit doesn’t look cheap on 36 times forward earnings. Smaller rival H&R Block trades on a multiple of only 12 times....
...In the lead-up to the 1992 US presidential race between Bill Clinton and George H.W. Bush, strategist James Carville famously quipped “It’s the economy, stupid.”...
...“There was an opportunity at this meeting for the Fed to push back [against a June cut] and they didn’t.”...
...I don’t see it happening in the immediate future,” said Steven Blitz, chief US economist at TS Lombard. Additional reporting by George Steer in New York and Martin Arnold in Frankfurt...
...From Bank of England facepalm tote bags to small caged mammal T-shirts and Cathie Wood hates FTAV mousepads, if you can’t get it there you can: 1) look somewhere else2) email us and ask us to make it Click...
...The Spanish fashion group, which has been outperforming its rival H&M, said it would spend nearly €1.8bn on distribution centres over the next two years to capitalise on opportunities to sell even more clothes...
...“And when we do get that confidence, and we’re not far from it, it will be appropriate to dial back the level of restriction so that we don’t drive the economy into recession.”...
...The Biden who, as senator in 1992, mocked George H Bush for trying to persuade “the American people they don’t have an economic problem”....
...(The Tributary, h/t Today in Tabs)...
...However Spanish retail sales figures rose 3.1 per cent in the same month....
...“Our position is we don’t know. We’ll tell you what we’ll do if inflation does come down. That’s the base case, that’s what we expect.”...
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