Surya Raturi is a man in Mumbai, India who celebrated his 32nd birthday with 550 cakes.
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The world's 20 best-performing hedge funds earned $65.4 billion for clients in 2021, setting a new record as stock markets marched higher despite rising prices and coronavirus cases, LCH Investments data show. As a group, the most successful managers earned more than one third of the $176 billion that all hedge funds made last year, LCH Investments, a fund of funds firm that tracks returns and is part of Edmond de Rothschild group, reported. The top 20, including brand-name investment firms TCI Fund Management and Citadel, returned an average 10.5% and jointly managed nearly one fifth of the industry's $3.6 trillion in assets, the data show.
Analysts say GSK is right to rebuff £50bn offer for consumer healthcare venture. Unilever’s offer represents only a modest premium to its current value, according to some leading analysts
Jobs site CV-Library said its survey found that lawyers, teachers and new graduates were those most disappointed with their salaries.
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Consumer goods giant Unilever on Monday said it would press on with a bid for the consumer health care unit owned by pharmaceutical groups GlaxoSmithKline and Pfizer after an offer of £50 billion ($68 billion) was refused.
Energy bills are predicted to soar by around 50% for many households in April.
I'm searching for the best low-cost FTSE 100 stocks to buy. Here are two I think could be too cheap for me to miss right now. The post 2 cheap FTSE 100 stocks to buy! appeared first on The Motley Fool UK.
The lithium-borates project near Loznica in the western Jadar valley is slated to position the Anglo-Australian miner as Europe's largest lithium supplier for at least next 15 years amid a boom in electric vehicle sales. The mine has faced opposition from environmental activists and local communities over concerns of environmental damage, forcing the local municipality last year to scrap a plan to allocate land for the facility. The Balkan nation will decide whether Rio can proceed with developing the mine after a general election in April, its prime minister told Reuters earlier this month.
I think these could be among the best FTSE 100 dividend stocks to buy right now. Oh, and they trade on rock-bottom earnings multiples too! The post 2 mega-cheap FTSE 100 dividend stocks to buy! appeared first on The Motley Fool UK.
China may triple electricity generation to supply 60% of the country's total energy under Beijing's carbon-neutral goal by 2060, up from the current 23%, Royal Dutch Shell said on Monday. Shell is one of the largest global investors in China's energy sector, with business covering gas production, petrochemicals and a retail fuel network. A leading supplier of liquefied natural gas, it has recently expanded into low-carbon business such as hydrogen power and electric vehicle charging.
Shares in Marmite maker Unilever are sharply lower after it made an audacious swoop for GlaxoSmithKline's consumer healthcare arm. The food giant told investors that the Glaxo unit is a “strong strategic fit” as part of it pursuit of sales categories with higher rates of sustainable growth. The developments came as the City also digested the resignation of former Lloyds boss António Horta-Osório as chairman of Credit Suisse.
I think the prospects for these two companies means they’re top shares to buy in 2022. The valuations also look good too. The post 2 cheap shares to buy for 2022 appeared first on The Motley Fool UK.
BRUSSELS (Reuters) -More than 2 billion euros of European Union funding to help businesses save energy contributed little to climate change targets and in some cases funded investments that would have happened anyway, auditors said on Monday. The EU regards curbing energy use as essential to meeting goals to cut greenhouse gas emissions, and record high gas and power prices in recent months have increased the focus on measures to save energy. But so far, EU funding to support energy savings for businesses has not been effective, the European Court of Auditors said in a report.
(Reuters) -European shares touched their lowest level in over a week on Tuesday, with tech stocks weighing the most, as a rise in two-year U.S. Treasury yields reflected ramped-up bets for a U.S. policy rate hike as soon as March. The pan-European STOXX 600 index dropped 1.3%. Tech stocks declined 2.5% as two-year yields, which track short-term rate expectations, crossed 1% for the first time since February 2020.
The potential tie-up would be one of the biggest takeovers in UK history.
Households are suffering their third real pay squeeze in a decade after inflation outstripped slowing wage growth in November, piling pressure on ministers and rate-setters to ease the cost of living crisis.
Edinburgh-based firm joins pilot study into shorter working week run by Oxford and Cambridge academics
Recruiters say: We need more bankers
Sir Antonio Horta-Osorio is in line for a payout of up to £3.8m after stepping down as chairman of Credit Suisse over a trip to Wimbledon in breach of Covid rules.
A Doncaster-based maker of equipment to produce hydrogen will join the stock market to capitalise on booming demand for the clean-burning gas.
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