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Watching financial fear on New York screens

Fear is back. Sitting in the Financial Times’ New York office this afternoon watching the Bloomberg screens and CNBC as the stock, bond and currency markets went into spasm was eerily reminiscent of...

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Reckitt’s brave new world

Rakesh Kapoor has been in charge of Reckitt Benckiser for less than a  year but already he’s changed the world. Or, more accurately, he’s changed Reckitt’s view of the world, by merging its European...

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Three benefits and two pitfalls of bringing ‘AG’ back at P&G

In saying AG Lafley is “uniquely qualified” to lead Procter & Gamble – again – Jim McNerney, the board’s presiding director, somewhat understates the case. Not only was Mr Lafley one of P&G’s...

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FT column: Lessons behind L’Oréal’s about-face

When L’Oréal said last week it would stop selling Garnier products in China, many outsiders assumed the French cosmetics group was joining a wholesale retreat by big western brands, led by Revlon of...

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