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28.06.26 - 09:12
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Spotlight falls on Ocado boss Tim Steiner′s £100m in payouts (The Guardian)
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Reports claim replacement being lined up for co-founder amid concern over high pay and company's struggling share priceThe boss of Ocado has collected nearly £100m since the online grocery company floated on the stock market in 2010, despite its share price now languishing below its flotation level, analysis has shown.Tim Steiner, a former Goldman Sachs trader who co-founded the British technology company in 2000, is thought to be in discussions over his future after it emerged Ocado had approached at least one potential replacement. Continue reading......
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26.06.26 - 22:01
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Stock Valuations Should Worry Investors: Cohen (Bloomberg)
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Abby Joseph Cohen, professor at Columbia Business School, joins Lisa Mateo and Tom Keene on "Bloomberg Money." Lofty stock prices may be hiding risks investors should be paying more attention to, especially in the labor market, according to Abby Joseph Cohen, the former Goldman Sachs partner and now Columbia Business School professor. (Source: Bloomberg)...
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26.06.26 - 11:36
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Goldman: Could Make Sense to Diversify Away From Chipmakers (Bloomberg)
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Christian Mueller-Glissmann, managing director for portfolio strategy and asset allocation at Goldman Sachs, discusses the tech selloff and why he thinks it could make sense to diversify away from semiconductor makers and lean more toward hyperscalers. "These are incredibly cyclical companies," Mueller-Glissmann tells Bloomberg Television. "So to some extent, it could make sense to diversify a bit away from them." (Source: Bloomberg)...
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26.06.26 - 08:30
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As Chinese EVs expand global footprint, banks raise export forecasts (SCMP)
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Spurred by the rising popularity of electric vehicles (EVs), Chinese carmakers are consolidating their foothold in the global auto market, prompting international banks like Goldman Sachs to significantly raise their export forecasts.
Buoyant overseas shipments have also effectively created a cushion against falling domestic deliveries and an expected overall sales decline for Chinese automotive groups including BYD and Xpeng, analysts said.
“China's new-energy vehicle exports have been......
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