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...No mention of the B-word, then....
...The fact reminds us of three simple, but inescapable, truths: a) the global economy is a complex network, perhaps too complex for populist proclamations; b) economics is to a large extent politics, for better...
...Nearest subway stop is Houston Street Station on the 1 line, but West 4th St (A, C, E, B, D and F lines) is just a short walk away. How much? $20 per person....
...Last year, he dressed Beyoncé in a custom blue dress created in collaboration with Tiffany & Co for part of her world tour....
...The same is not true at the lower reaches of the credit spectrum, of course, and it is interesting in this context that triple C rated bonds spreads have not rallied to the wild 2021 levels....
...Typically, these are to either a) pay cash coupons; b) toggle to ‘pay’ bondholders with more debt claims, albeit with some additional penalty (even more debt claims); c) to PIK for a while then switch to...
...For now, C’è Ancora Domani looks set to remain a rallying point for Italy’s unfinished gender revolution....
...The FT story on the deal quoted KKR co-CEO Scott Nuttall saying the following: “We are not doing this because we have to, we are doing it because we want to and this has been a home-run investment,” said...
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...He also had a vintage Alanda coffee table by Paolo Piva – a new version of which is made by B&B Italia (from $2,318)....
...Triple-B [the lowest rung of IG] spreads are at about 120bp, whereas double-B high-yield is at 200bp. So you pick up 80bp from going from triple-B to double-B....
...Apollo, Carlyle and KKR are studying separate bids for Pension Insurance Corporation ahead of a deadline this week, as big private capital groups look for a way into the thriving market for UK corporate...
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...Thankfully, B&Q sells a selection of both tenon saws and rulers....
...A new book, Slow Food, Fast Cars (Phaidon), co-written by Bottura, Gilmore and Rosval, tells the story of Casa ML and its recipes....
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