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Kathmandu appoints Rip Curl boss Michael Daly as new group CEO 18 May, 2021 09:50 PM 3 minutes to read Aimee Shaw is a business reporter focusing on retail, small [email protected]@AceeyShaw Outdoor clothing and equipment retailer Kathmandu has appointed the boss of its Rip Curl brand to lead the company. Michael Daly replaces former CEO and managing director Xavier Simonet following his departure from the dual ASX/NZX listed company. Daly has been the chief executive of Rip Curl for eight years. The company is now in the process of finding a replacement to lead the surf brand. In a NZX announcement, Kathmandu chairman David Kirk said after an extensive search for a new group CEO and managing director the company had chosen Daly. ....
By Reuters Staff 1 Min Read FILE PHOTO: San Francisco Federal Reserve Bank chief of research Mary Daly stands near the podium before a speech at the CFA Society in San Francisco, California, U.S. July 10 2018. REUTERS/Ann Saphir/File Photo (Reuters) - San Francisco Federal Reserve Bank President Mary Daly on Thursday said the U.S. central bank will keep monetary policy easy despite what she said will be an increase this year in prices as the economy reopens more fully and households spend more. “As policymakers we have to look through these temporary increases; we’re really looking for sustained improvements in inflation so we can average 2% and meet our price stability goals,” Daly said in an interview with Fox Business Network. “We still have almost 10 million people on the sidelines looking for jobs. we really aren’t projecting achieving either side of our dual mandate in 2021 and that’s why policy is remaining accommodative.” ....
Thursday, 3/04/2021 15:11 GOLD PRICES steadied above this week s 9-month lows against a rising US Dollar in London on Thursday, trading at $1715 per ounce as the slump in government bond prices also took a pause, stemming the surge in longer-term interest rates.
Ten-year US Treasury yields slipped back to 1.47% after making their steepest 8-week rise since 2018 so far this year, surging by over half-a-percentage point.
The pause in rising yields has come as inflation expectations have stabilised around 2.2% on 10-year forecasts in the bond market.
Adjusted by those forecasts, the real 10-year US yield today slipped back to -0.76% per annum, markedly below ....
San Francisco Federal Reserve President Mary Daly on Tuesday pushed back against the fear that easy Fed policy could bring on unwanted inflation, arguing that with inflation too low and millions of Americans still out of work, monetary policy must remain accommodative "for. ....
Sadness at sudden death of well-known and popular Derry publican Raymond Daly Tributes paid to former owner of old Collon Bar Raymond Daly will be laid to rest tomorrow. Reporter: ); ); The death has taken place of one of Derry s best known and most popular publicans, Raymond Daly. Mr Daly passed away yesterday after suddenly falling in at his Thornlea home in the Ballyarnett area of the city. He was aged 79. He is best known for owning the old Collon Bar on Buncrana Road from 1970 to 1986. Due its popularlty it became affectionately known as Daly s. Dozens have taken to social media platforms to pay tribute and offer condolences to his family. ....