Inverted curve proves White House has won its battle with the Fed

WeWork may have left it a tad late for its IPO unless the central bank makes a swift and decisive cutWeWork, the loss-making US office rental company, is planning a stock market launch next month to fund its global expansion. All the signs on Wall Stre…

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Neil Woodford’s brand has gone from asset to liability

To rebuild trust, the embattled fund manager should start by scrapping his management fees Neil Woodford once had a reputation as Britain’s answer to Warren Buffet, with the celebrity kudos to bring in more than £10bn of other people’s money to manage …

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Life is hard for retailers. But Sports Direct is in a crisis of Ashley’s own making

Government action is needed to preserve Britain’s high streets. But no law can protect a company from unrestrained ambitionEven by Mike Ashley’s standards, Sport’s Direct’s annual results statement on Friday was an extraordinary performance. The idiosy…

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Sports Direct warns of ‘terminal’ House of Fraser problems and €674m tax bill

Sports Direct finally releases its results after a day of ‘shambles’Mike Ashley’s Sports Direct expressed regret at buying a “terminal” House of Fraser and could not predict profits for the year ahead as it revealed it had been landed this week with a …

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