Hints and tips:
...One stat nicely sums up the potential for the underlying businesses: the top 10 holdings (which represent 82 per cent of portfolio value) increased revenue at an average of 74 per cent year-on-year....
...A Bank of America survey of global fund managers this week showed they had an overweight allocation to bonds for six of the past seven months, having previously been underweight for 14 years....
...Infrastructure building has taken off during his premiership, and Modi’s office rattles off the numbers: a doubling of airports to 149 from 74 less than a decade ago; 905km of metro lines, from 248km a decade...
...They like to buy houses, and they like to send their kids to boarding schools and keep bank accounts. So that became their Achilles heel....
...The file says that they work to form joint ventures with Colombian cartels to “control the trafficking of cocaine from South America into the ports of Rotterdam and Antwerp”....
...She offered severance for both him and Gilbert if they gave back control of the bank accounts and walked away. Which sounded good to him. Four days later, the parallel universe board met over Zoom....
...The present value of the Luxembourg holding companies seized by the Sulu heirs is unclear....
...Founded after the Arab oil embargo in 1973-74, the IEA is made up of 31 member countries across Europe, North America and Asia and represents the interests of major energy consumers....
...Ignore the magnitude of the number — the bank is much bigger now....
...That last question takes geography into account....
...“I don’t see it shrinking down to a handful of multitrillion dollar players,” said Janis Vitols, head of global asset management investment banking at Bank of America....
...Everything would have to go right, from vaccination campaigns to continued social distancing measures. Covid-19 deaths are now running at about 10,000 per day....
...A slowdown in demand from emerging markets had cut into one source of expansion and start-ups had seized the opportunity to connect with younger consumers....
...Post Office said the report repeated complaints from a “very small number” of postmasters and that three years of investigation had produced “no evidence of system-wide flaws”....
...After months in which Africa escaped the worst of the coronavirus pandemic as the global centre shifted from Asia to Europe and then to the Americas, the number of African infections — and deaths — has begun...
...The corporate sector as a whole has been a relatively stable contributor to the overall tax take: over the past half century, corporate taxation accounts for roughly 8-10 per cent of revenues in OECD countries...
...And JP Morgan Cazenove to say buy: Organic revenue growth was 8%, including double-digit performances in Latin America & North America. Organic growth was 10% in Q4....
...And that’s just the half of it, according to Bank of America, which warns that the total for the year could reach $200bn....
...The White House said the rule was “outdated” and failed to take account of the “massive shift in illegal immigration to families and minors from Central America”....
...(FT) BofA and UBS target private-company fundraising Bank of America and UBS have reshuffled their investment banking teams in a bid to muscle in on fundraising and advisory work for private companies....
...Jamaica, Singapore, the Netherlands and Canada, and private sector finance executives such as Anne Finucane of Bank of America and Mark Wiseman of BlackRock....
...“I think he’s doing the right thing, America is becoming very dependent on stuff from China,” said Mr Flynn, a 55-year-old real estate agent who grew up in the steel country of western Pennsylvania....
...Retailers employ one in 10 British workers — about 3m people — and the sector accounts for a tenth of the economy....
..., according to its latest accounts....
...A country that in 1980 had the highest GDP per capita in Latin America is no longer in the top 10 and its economy is smaller than those of Colombia, Chile and Peru, the IMF data show....
International Edition