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...“We have won a lot of new customers over the past four years,” said Vincent Liu, general manager of Modena Motori Taiwan, Ferrari’s official dealer in the country....
...The new bond pays a lower coupon than a previous convertible that it issued in 2020, when interest rates were close to zero....
...in convertible assets....
...Ferrari’s average selling price last year climbed to €397,000, a new record....
...Contem’Plate shows how contemporary artists are heaping the dish with new significance....
...Donald Trump’s social media business jumped a further 22 per cent in early trading on Wednesday, after rising 16 per cent on its stock market debut in the previous session....
...During the 2020/2021 convertible bond boom, several splashy growth companies including Beyond Meat and Peloton were able to sell convertibles without coupon obligations....
...Convertibles offer borrowers lower interest rates than traditional bonds without the immediate dilution for shareholders that would come through selling new stock....
...As their name suggests, they’re grown in Jersey and, like revered parmesan or stilton, they have protected status....
...Mercedes has since struggled to adapt to new technical car specifications and Red Bull’s Max Verstappen has won three titles in a row. Ferrari’s on-track struggles are well documented....
...Ferrari expects to make higher than expected profits for the coming three years after strong demand for its first high-riding model helped it post record earnings during 2023....
...Pity poor Enzo Ferrari. Inside the first minutes of the hectic new biopic Ferrari, the founder of the sports car giant has a pistol fired at what looks to be his head....
...Seven-time Formula One champion Sir Lewis Hamilton is to join Ferrari in time for the 2025 season, ditching the Mercedes team that has powered his record-breaking career....
...This is an audio transcript of the FT News Briefing podcast episode: ‘Convertible bonds are so hot right now’ Sonja Hutson Good morning from the Financial Times....
...Read more on the growth of convertibles that have in the past been seen as “spivvier products”....
...Ferrari was restrained in most of his dealings, “molto serio”, D’Elia admits....
...Trump had 74.4 per cent of Republican votes, with 22 per cent of ballots tallied....
...US senator Bob Menendez accepted bribes to take actions favourable to Qatar, federal prosecutors alleged on Tuesday, as they added new detail to the corruption case against the New Jersey Democrat....
...nearly 100 The Russian murderers sent home as free men after fighting in Ukraine The FT News Briefing is produced by Fiona Symon, Sonja Hutson, Kasia Broussalian and Marc Filippino....
...Four of the 13 models offered by Ferrari in the quarter were hybrids....
...Sentencing the 35-year-old on Friday to a 22-month term, Judge Tony Baumgartner said Zina’s crime had “struck at the heart of financial markets” and betrayed the trust of his employer....
...Sales of Ferraris with hybrid engines have overtaken those of traditional models for the first time....
VIN-DI-CA-TION!!!!
...Eighty-five per cent of care homes are now run by the private sector, up from 78 per cent in 2011, according to the CQC....
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