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Unilever chairman leaves $162bn role to run $85mn fund

And then there were none. Almost exactly a year after Unilever NV announced the departure of chief executive officer Paul Polman, the consumer goods giant’s chairman Marijn Dekkers is stepping down with immediate effect. Nils Andersen, a non-executive director since 2015, will replace him. In one sense it’s a natural time for a change. Dekkers has overseen the CEO succession, ...

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Wall Street is wrong about negative interest rates

The titans of finance have a new foe, and it’s not Jeremy Corbyn or Elizabeth Warren. Wall Street’s elite is attacking Europe’s central banks over their reliance on negative interest rates, saying they’re hurting the economy. Monetary authorities do need to be mindful of the side effects of unconventional measures. But there’s little evidence that negative rates are proving harmful. ...

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Bruising year for stocks is ending in unheard of calm

Bloomberg An investor probably would’ve panicked if you told her at the start of 2019 that the trade war wouldn’t go away. Or that earnings would fall flat and that a bid to kick out the president would erupt. Fast forward 11 months and nobody seems to care. Volatility in the equity market is flirting with a two-year low, with ...

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