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Goldman turns to ‘make-or-break’ unit as its CEO put to test

BLOOMBERG Goldman Sachs Group Inc’s leaders take the stage hoping to turn the page on a forgettable 2022, lay out new reasons for investors to rally around the stock and quell dissatisfaction within the firm’s ranks. After a year in which profits slumped by half and a consumer-banking strategy unraveled, executives plan to offer a more forceful case for shareholders ...

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Books ‘through the prism of mindfulness’ launched

DUBAI / GULF TIME The Retreat Palm Dubai hosted an exclusive private event for two friends and authors, Abhi Indrarajan and Naseema Taleb, who collaborated and launched their respective books combined with a photo exhibition. The bustling art and creative hub that Dubai is fast becoming, played a big role in bringing these two friends together, both with common roots ...

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Primark raises forecast on demand for cut-price fashion

BLOOMBERG Primark’s outlook is improving as cash-strapped shoppers seek inexpensive fashion at the UK budget clothing chain, boosting its market share. The retailer’s adjusted operating profit margin should exceed 8% this year, ahead of former guidance, owner Associated British (AB) Foods Plc said. The stock rose as much as 1.6% in morning trading. Primark stores are attracting clients with items ...

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