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Demand boost for luxury brandsStrong demand for luxury brands from developing markets drove a 33 per cent rise in fourth quarter sales at Burberry, sending the British group's already buoyant shares to a new high. Burberry's better-than-expected sales figures came a da More… |
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Developing markets 'ideal for hedge funds'Developing markets are fertile ground for hedge funds, if the funds have experienced managers, according to Paulson and Company founder and chief executive officer John Paulson. 'Underdeveloped markets are less efficient and create mor More… |
