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...The fallout from the raid on the embassy, in which Ecuador’s convicted former vice-president Jorge Glas was arrested, has been somewhat contained, though Ecuador continues to attract the ire of Latin America...
...The decision comes after Ecuador on Thursday declared Mexico’s ambassador to the South American country persona non grata....
...Even after Monday’s jump, Philips trades on 15 times 2025 earnings, on S&P Capital IQ estimates. Siemens Healthineers, a peer, is on a 33 per cent premium, at 20 times....
...Who exactly is Jorge Glas? And how big of a deal was this raid? Joe Daniels Jorge Glas is an Ecuadorean politician....
...Toyota led the way on research into solid-state batteries — which avoid the need for liquid electrolyte used in today’s technology and promise more range and better safety for electric vehicles — and they...
...It added that these would include “more affordable” vehicles that could be produced on its existing manufacturing lines. Tesla shares were up more than 9 per cent by mid-day on Wednesday....
...President Daniel Noboa’s hardline conservative government ordered officers into the embassy premises on Friday night after Mexico’s leftwing administration granted asylum to Jorge Glas, who served as Ecuador...
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...There is more to JPMorgan’s dominance than a corporate structure that fits the times perfectly and generic increasing returns to scale in banking. More soon on what that might be....
...“Broken Man” is a swaggering satire on male aggression, with Dave Grohl guesting on drums. “I look at you and all I see is meat,” she sings in “Flea”, hungry for another body....
...More interestingly, Waller argues for having a greater share of short-term Treasury bills on the balance sheet....
...Barclays looks a bit cheaper to me; the only issue is that it is more leveraged, which muddies the return comparison: What about more retail-focused banks?...
...In terms of percentage returns on individual stocks, the rally is broad....
...On the other hand, IG’s yield is so close to that of Treasuries that investors are more reliant on rates falling to deliver outperformance....
...last week on the Mexican embassy, in which officials captured Ecuador’s former vice-president, Jorge Glas....
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...It was good, though more a matter of necessity than choice, that the company withdrew financial guidance for 2024, given that the investigation of the Alaska Airlines “door escape” is ongoing....
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