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...Richemont, which also owns jeweller Cartier and fashion house Chloé, bought Net-a-Porter in 2010 before merging it with Yoox five years later in a fraught deal that led to the departure of Net-a-Porter founder...
...The Children’s Investment Fund Foundation, backed by climate advocate Sir Chris Hohn, participated in the meeting and argued in favour of allowing offsets in net zero emissions plans....
...The firm’s results in 2023 otherwise showed a modest decline in net trading activity....
...Keeping temperature rises to within 1.5C above pre-industrial levels could save the EU €2.4tn in economic losses between 2031 and 2050 and cut net costs of fossil fuel imports by €2.8tn over the same period...
...In Sir John Rose’s letter “Net zero’s leading edge isn’t a comfortable place to be” (April 8), in which he comments on Pilita Clark’s Business Life column about Prime Minister Rishi Sunak’s decision to scale...
...One welcomes the clear-headed practical thinking of Sir John Rose (“Net zero’s leading edge isn’t a comfortable place to be”, Letters, April 8), which puts in context the simplistic sloganising of net zero...
...thinking on net zero / From Gordon Bonnyman, Frant, East Sussex, UK...
...JPMorgan Chase, Bank of America, Wells Fargo and Citigroup collectively made $253bn in net interest income (NII) for the whole of 2023 — a 19 per cent jump from 2022’s total....
...The world’s largest money manager reported a 36 per cent year-on-year jump in net income to $1.57bn in its fiscal first quarter, on an 11 per increase in revenue to $4.7bn....
...Most value chains have also been investing in expansion as they seek to strengthen their foothold in a highly competitive sector....
...I read Jim Pickard’s piece “Sunak to drop heat pump targets in fresh retreat from net zero goal” (Report, February 4) with concern and disappointment as you reported that the government is set to reverse...
...While other companies pledged to reduce their carbon emissions to net zero by 2030 or 2050, EY grabbed headlines in 2021 by saying it would achieve this milestone within just four years....
...Samsung Electronics is optimistic about a recovery in memory chip demand this year despite reporting a 74 per cent drop in fourth-quarter net profits....
...Shares in Travelers, one of the biggest US insurers, rose 7 per cent in early trading on Wall Street after it posted fourth-quarter net profits of $1.6bn, doubling from the same period the previous year...
...It is striking that Bluebell Capital Partners reaches for the word “irrational” to describe BP’s net zero commitments (Report, January 30)....
...“All of that then leads you to a view of net zero happening later,” Grant Dougans, a partner at Bain, told Energy Source....
...This included 541,000 more births than deaths and net international migration of 6.1mn....
...European airlines and airports in 2021 agreed to reach net zero emissions by 2050 in a detailed road map that outlined how the industry believed it could leverage new technologies such as cleaner fuels to...
...Chief executive Larry Fink pointed in a statement to a “strong pipeline” of opportunities....
...It suffered an exodus after threats from right-wing politicians in the US and anti-ESG activists that the insurers could be in breach of antitrust laws....
...First-quarter net sales at the Netherlands-based electronics group fell to €5.3bn, down from €6.7bn in the same period a year earlier and €7.2bn in the fourth quarter but in line with its guidance....
...Citi reported net income of $3.4bn in the quarter, down 25 per cent from a year ago but better than the $2.3bn that analysts had forecast....
...It comes as the wealth manager reported that economic upheaval and attractive returns on cash had dented clients’ confidence in long-term investments, pushing annual net inflows down to £5.12bn, from £9.78bn...
...Morgan Stanley said net income in the first quarter was $3.4bn, up from $3bn a year earlier, beating analysts’ estimates for $2.7bn, according to forecasts compiled by Bloomberg....
...The UK’s net zero minister has resigned from his role in a surprise move only a few weeks after the government was forced to initiate a mini reshuffle....
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