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...Adidas warned investors on Wednesday evening that full-year operating profit is likely to be far lower than analysts predicted as it braces for negative currency effects, weak sales in North America and...
...That’s why many companies, including BlackRock, Franklin Templeton, Nike, Adidas, Gucci and Publicis, are working on software applications that involve the tokenisation of physical and financial assets,...
...The combined group would have revenues of about £4.7bn in North America, JD Sports said, adding that the region’s contribution to sales would increase to about 40 per cent, from current levels of about 30...
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
...North Korea: The country’s vice foreign minister wraps up a visit to Mongolia, a rare trip abroad by a North Korean delegation. (Reuters) Five more top stories 1....
...Lululemon, where a pair of yoga pants can set you back £108, saw a slower start to the year in North America....
...The Minneapolis-based packaged foods giant — whose brands include Cheerios and Wheaties — is reportedly looking to sell its North American yoghurt business in a deal that could be worth more than $2bn....
...Amer has appointed Goldman Sachs, Bank of America, JPMorgan and Morgan Stanley as bookrunners for the IPO....
But the boost to liquidity can prove shortlived
Investors favour index trackers over stock pickers as they make a tentative return to markets
Plus, CZ gets four months and outflows from bitcoin ETFs
Tesla wants to relocate its corporate domicile but institutional investors like Delaware’s sophistication and predictability
...“There is a very condescending way that the global north looks at the global south, whether it’s Africa or Latin America, and sees a lot of corruption,” she insisted....
Also in today’s newsletter, a new twist in the Science-Based Targets initiative drama
Tesla boss shows Argentine president Texas factory where they talked about lithium, Brazil and a disdain for bureaucracy
...“There was a huge outflow from ESGU and into QUAL as a result of BlackRock changing their weighting,” said Bryan Armour, director of passive strategies research for North America at Morningstar....
...The bigger pipeline will also enable more Canadian oil volumes to hit US west coast states such as California, potentially replacing some supplies imported from Latin America and the Middle East....
...In the second quarter, sales in China were up 16 per cent while they fell by the same rate in North America, excluding Yeezy. In Europe, they declined by 1 per cent....
And more on bad buybacks
...Sutcliffe rose through the ranks, becoming worldwide head of Sotheby’s Wine, a post she held for 25 years, during which time she launched the auction house’s wine business in North America and the Far East...
Delaware court previously voided chief executive’s $56bn remuneration
...A team’s diversity can range from gender to race to socio-economic status and to geographical divides, such as north and south in the UK or coasts and centre in the US....
...Job moves Deutsche Bank’s head of corporate and investment banking for the Americas James Davies is leaving the group....
Americans account for 14% of users but their revenue contribution will be higher
TikTok’s Chinese owner offers nearly $171 a share as US employees grow concerned about tax bill on unsold stock
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