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Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCEO explains why economies are still 'relatively resilient' to interest rate risesAndrew Bell, CEO of Witan Investment Trust, says "it's because a lot of companies and people locked in the low rates."
Persons: Andrew Bell Organizations: Witan Investment Trust
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMarkets may be overestimating how high interest rates in the UK will go, investment trust CEO saysAndrew Bell, CEO of Witan Investment Trust, says the full effect of monetary policy tightening in the U.K. has not been felt yet and the Bank of England should take a gradual approach to increasing interest rates.
Persons: Andrew Bell Organizations: Witan Investment Trust, Bank of England
In the far corner stood Ravenna Wilson, owner of The Native Bread and Pastry in East Williamsburg. Beside her was Justin DeLeon of Apollonia’s Pizzeria on Wilshire Boulevard in Los Angeles, who flew in for Mr. Bellucci’s wake. At the center of the room stood Drew Nieporent, whose list of New York restaurants includes Nobu and Tribeca Grill. Into this assemblage walked Paul Giannone, founder of Paulie Gee’s, a pizza parlor in Greenpoint with locations from Baltimore to Chicago. Scanning the room, his eyes locked on a pair of pizza boxes featuring oversized pictures of the deceased.
Persons: Andrew Bellucci’s, Bellucci, Ravenna Wilson, Justin DeLeon, Bellucci’s, Drew Nieporent, Paul Giannone, Paulie Gee’s Organizations: Mr, Tribeca Locations: Astoria, New York City, Ravenna, East Williamsburg, Wilshire, Los Angeles, New York, Greenpoint, Baltimore, Chicago
He collapsed from heart failure while working at his restaurant, Andrew Bellucci’s Pizzeria, in Astoria, said Matthew Katakis, his business partner. He was pronounced dead at a hospital a short time later. Mr. Bellucci’s pizzas first won attention when he worked at Lombardi’s, a revival of a venerable coal-fired pizzeria on Spring Street in Little Italy. Nancy Silverton, Todd English and other chefs came to to taste his pizza, which was a far cry from the foldable, gold-and-orange and mostly interchangeable slices sold across the city. Ms. Silverton was especially impressed by a pie topped with fresh clams, garlic, oregano and olive oil.
Persons: Andrew Bellucci, Andrew Bellucci’s, Matthew Katakis, Nancy Silverton, Todd English, Silverton, Eric Asimov Organizations: New York Times Locations: New York City, Queens, Astoria, Lombardi’s, Little Italy
The FTSE 100 (.FTSE) rose 0.5%, while the FTSE 250 (.FTMC) added 1.1% by 0841 GMT. With a day left for the end of the first quarter of the year, the FTSE 100 is on track for gains of 2%, while the mid-cap index is likely to have a muted end. Top performing sectors this quarter include the FTSE 350 aerospace and defence (.FTNMX502010), construction and materials (.FTNMX501010) and retailers (.FTNMX404010). The FTSE 350 Automobiles and Parts sector (.FTNMX401010) added 2.5% and is among top-performing sectors this quarter. Moonpig Group PLC (MOONM.L) added 17.9% after the online card retailer said it expects revenue to expand across 2024.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe expect faster Chinese growth by second quarter, says investment trust CEOAndrew Bell, CEO of Witan Investment Trust, discusses the state of the global supply chain and how the new wave of Covid-19 infections in China is affecting it.
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's taken an 'awful lot' of Fed 'bullets' to kill the market's bullish sentiment, CEO saysAndrew Bell, CEO of Witan Investment Trust, says 2023 could be a year in which the economy "struggles a bit."
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