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Elf Beauty’s CEO fighting for more shelf space

Bloomberg Elf Beauty Inc. is “just getting started,” according to CEO Tarang Amin. The low-price beauty brand has “tremendous white space opportunity” and there are multiple avenues to take — and the company’s ready to back with investments in marketing, Amin said in an interview at Bloomberg’s New York headquarters. “Any retailer we go into, we are among the most ...

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L&G closes $5.7bn BA pension deal

Bloomberg Legal & General Group Plc completed a $5.7 billion buy-in with the British Airways pension scheme in what it says is the largest-ever deal of its kind in the UK. The deal covers almost 22,000 pensioners and it includes the conversion of existing longevity insurance into a so-called bulk annuity. The company expects to announce further transactions in the ...

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‘Urgent need’ to reform WTO, say G20 ministers

Bloomberg Trade ministers for the world’s 20 largest economies said that they found an ‘urgent need’ to reform the World Trade Organization (WTO). Member nations recognize the need to ‘step up dialogue’ to mitigate risks, enhance confidence in global trade, and improve the WTO, they said in a statement released following meetings in Mar del Plata, Argentina. The meetings included ...

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