Recent Posts

Bankers, it’s time for ‘Brexit conversation’

London’s ex-Lehman Brothers bankers who’ve been meeting up have found the conversation shifting quickly to Brexit – and whether their next reunion will be in Frankfurt, Paris or somewhere else. As the official March 2019 Brexit deadline looms, banks are in the last stages of preparing for a worst-case “no-deal.” A brutal loss of the City of London’s access to ...

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Can Unilever afford to crush its Brexit rebels?

Unilever boss Paul Polman has been conspicuously absent in the controversy over the consumer group’s plan to scrap its dual-headed structure. But the humiliation would be his if UK shareholders veto his plans to create a unified Dutch company. He should get ready to pay them a premium to buy their support. To recap: Unilever’s assets are divided between separate ...

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US stocks jump with loonie, peso on revamped trade pact

Bloomberg US stocks rose towards records and the dollar slipped with Treasuries after negotiators agreed to a new version of the Nafta trade pact. The Canadian dollar and Mexican peso gained. The S&P 500 Index climbed on the first day of the fourth quarter. General Electric Co. surged after replacing its chief executive, while Tesla Inc. rallied after Elon Musk ...

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