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Main shareholder JAB Holding seeks to shake up business after period of sustained share price underperformance
...shortage of copper because of a lack of new mines under development — even as demand is set to almost double to 50mn tonnes per year by 2035 because of the boom in renewables, EVs and AI — according to S&...
...Personally, I hold Michael Douglas wearing a chunky bottle green jumper over a bare chest in 1992’s Basic Instinct as the pinnacle of V-neck wearing....
...M&S’s contract with HSBC, which owns M&S Bank, is up for renewal. M&S is likely to push for more control and a bigger cut of the spoils....
...“I’m very grateful to Katie for her support in seeing M&S through this important period in the reshaping of the business....
...But otherwise, give me a V-sweet C-suite job any time. As if anyone would....
...M&S and John Lewis, they will have to run faster.” M&S cannot afford distractions....
...Tim Steiner, Ocado’s chief executive and co-founder, insisted the relationship with M&S was strong, but added: “We believe that we have a very solid case to get full payment, we know that M&S may not entirely...
...It’s a lot cheaper than the S&P 500 because the S&P 500’s price-to-book value has really gone up in recent years....
...I’m a bit sceptical, as I noted in yesterday’s letter, but then I’m a journalist. If any non-journalists have thoughts, please send them along: robert.armstrong@ft.com. Does Buffett matter?...
...Their low key M&A strategy also helps. Acquisitions, if they happen at all, are of the small, bolt-on variety....
...“M&S’s decision to increase minimum pay levels in line with numerous other supermarkets reflects this reality,” Speke said....
...What A château with 208 hectares of land, believed to have been commissioned at the end of the 13th century by Pope Clement V for his niece....
...S said on Friday....
...Income Growth Over Five Generations of Americans (FEDS) — The Dream of the 90’s, Part V: How to Return to Productivity Growth Today (Employ America) — All-Time Highs in the Stock Market are Usually Followed...
...Partly because it’s been subject to some MainFT scrutiny as a potential M&A candidate recently....
...“M&S has a history of overpromising and underdelivering.” The strong performance from Tesco and M&S comes a day after rival J Sainsbury disappointed investors with weak general merchandise sales....
...I’m really interested too to see and I’m curious, James, if you have any insight on this. What comes after Roe legislatively?...
...v=_OkkyRkGSRY – Samara is on TikTok @samarajoysings and Instagram @samarajoysings....
...Dealing with the dividends doubters So, I’m not saying Daniel Peris got lucky....
...Under M&S’s proposals, three existing buildings would be demolished to make way for a nine-storey development, including a new M&S store, restaurants, offices and a gym....
...“Every time someone on social media is like, ‘I can’t wait to cry to your new album,’ I’m like, ‘I don’t know if you’ll cry. I’m sorry,’” she told Pitchfork in 2018....
...Here’s more on the regions driving a nascent recovery in the M&A market....
...It’s wealth porn, and I’m addicted to it — largely because, in my experience, most rich people have appalling taste....
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