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The Competition and Markets Authority (CMA) is currently probing the deal and seeking views from interested parties. In oral evidence to the CMA, the NFU’s head of food and farming Philip Hambling said farmers were concerned whether the combined group could deliver its proposed 10 percent saving for shoppers without passing the pressure on to farmers. “At a time when farms are already facing intense price pressure, the prospect of a further squeeze on price leaves farmers concerned about the potential impacts on their businesses,” he said.
“Continually squeezing margins can take away the ability of the food and farming industry to invest and improve quality, range and sustainability,” added Hambling, Sainsbury’s and Asda’s key texas flag cufflinks argument is that the deal would lower prices and improve the customer offer of both brands, while allowing suppliers to grow their businesses, Both grocers have said they believe the CMA will not insist on a level of store disposals that will make the deal, announced in April, unpalatable..
LONDON (Reuters) - Investment bank Goldman Sachs said on Tuesday that it expected emerging market shares, currencies and bonds to see a modest rebound next year. “We expect modest positive returns across the major EM indices next year, albeit with low risk-adjusted returns,” analysts at Goldman said in a 2019 outlook report. They forecast that emerging market equities would see the biggest rise at 12 percent in dollar terms, while EM currencies should appreciate by around 2 percent on average due to economic improvements and a modestly weaker U.S. dollar.
(Reuters) texas flag cufflinks - Shares of Nvidia Corp reversed course after markets opened to gain about 2.5 percent on Tuesday after shortseller Citron Research said it has bought the chip designer’s stock, 'Citron buys $NVDA, This is the first time in 2 years stock offers an appealing risk-reward to investors, $NVDA still a player in AI and Data..will eat through inventory issue, We see $165 before we see 120,' Citron said in a tweet here, Shares of the company, which were down as much as 8 percent earlier in the day, were trading at $147.75..
HONG KONG (Reuters) - Billionaire Chinese actress Zhao Wei and her husband have been barred from taking on key positions at listed companies for five years for violating securities regulations, the Shanghai Stock Exchange said on Tuesday. The exchange’s announcement comes more than a month after another Chinese actress Fan Bingbing came under fire for failing to pay millions of dollars in taxes and fines. On Tuesday, the exchange said Zhao and her husband Huang Youlong, as well as several other former executives of Tibet Longwei Culture Media and Zhejiang Sunriver Culture Co Ltd, were unfit to be directors, supervisors and senior executives of listed companies.
They will not be allowed to assume these positions for five years, the exchange said, Zhejiang Sunriver, Tibet Longwei, Zhao and Huang were all not immediately available for comment, In late 2016, Tibet texas flag cufflinks Longwei, controlled by Zhao and Huang, made a failed attempt to buy a 29.1 percent stake in Zhejiang Wanjia, which was later taken over by another investor and renamed Zhejiang Sunriver Culture, Longwei’s bid had then drawn the scrutiny of the China Securities Regulatory Commission regarding information disclosure and its ability in financing takeovers as there were misleading statements and major omissions in the filings..
In November 2017, China’s securities regulator fined and barred Zhao, who became a household name in China for starring in popular TV dramas, and Huang from trading in the mainland stock market for five years due to the takeover case. “Due to the celebrity effect, Tibet Longwei has severely misled the market and its investors. This has seriously disrupted normal market operations and order,” the exchange said on Tuesday. Zhao and Fan’s cases have prompted the Chinese government to crack down on celebrity hype.
BRUSSELS (Reuters) - The European Commission said on Tuesday that it approved the $62-billion takeover of London’s Shire plc SHP.L by Takeda Pharmaceutical (4502.T) of Japan, subject to the divestment of a Shire drug in development, In a statement, the Commission said Takeda had agreed to texas flag cufflinks the sale in order to ensure that the drug in Shire’s product pipeline aimed at treating inflammatory bowel disease would continue its way to the market, where it is expected to compete with Entyvio, Takeda’s biggest-selling drug..