Hints and tips:
...Credit rating agency S&P Global downgraded Ethiopia’s debt to default on December 15 after the initial deadline for payment was missed....
...Most large consumer packaged goods groups, including P&G, are still operating on tighter margins than they were before the pandemic....
...Similar low-cost Covid policies offered by Alibaba- and Tencent-backed ZhongAn Online P&C Insurance and midsized Yong An Insurance have also been removed from current product offerings....
...In comparison, the 3,260MW Sizewell C facility being built in the UK will cost £20bn ($27bn)....
...at the ‘C-suite’....
...with high enough yield, affordable rents plus a 28% LTV and solid market fundamentals Entra: c.60% of rents is coming from the government with marked growth prospects....
...We expect Total to do what Exxon, Chevron and BP did and leave its dividends flat; though it would be prudent to move away from its 5-6% p.a. dividend growth target....
...Overall, this leads to an average margin compression of c.300bps for the sector, leading to c.40% cut to the sector’s bottom line on average....
...Pending further analysis, we assume a run-rate FCF of c.£75m, below the £97m generated in FY19....
...The S&P 500 companies that signed the statement were already beating the S&P 500 index. The report also showed the Business Roundtable signatories were scoring highly on ESG rankings....
...The ONS estimates the value of land and assets-over-land to be over £5tn compared to a GDP of c£2tn....
...Progress has been made, with women making up 21 per cent of S&P 500 board directors, according to Catalyst, a non-profit group....
...Low-cost tech eg affordable solar power must be a priority for saving newborn lives”....
...For instance, analysts flagged concerns about HNA’s continued access to affordable debt funding, given a crackdown in China on riskier lending....
...Buy: M & C Saatchi (SAA) M & C’s underlying business has implemented its growth strategy well, winning clients and opening or acquiring businesses....
...Australia’s S&P/ASX 200 rose 0.4 per cent. Japan’s Topix was flat....
...edward.luce@ft.com Letter in response to this column:: Choice between two will be here soon enough / From Adrian P Hewitt...
...Gilead expects to have capacity to treat more than 250,000 patients for hepatitis C in 2015....
...Topics high on the list of the next Congress include resolving the contentious issue of the proposed Keystone XL oil pipeline from Canada, altering aspects of the Affordable Care Act such as dropping the...
...Jeremy Hunt, Conservative health secretary, came under fire from both for reneging upon a 1 per cent pay rise deemed affordable by an independent pay review body....
...After a long innovation drought, drug development pipelines are bursting back to life with breakthroughs in cancer, hepatitis C, heart disease and a range of other conditions....
...access to Sovaldi, hailed as the biggest breakthrough for hepatitis C since the virus was discovered in 1989 * Chinese ETFs shut to new investment | Wave of demand and imminent start of Stock Connect forces...
...Most investors appear to share his optimism: the S&P pharmaceuticals index is up 29 per cent in the past year. So why are some people unconvinced?...
...The Affordable Care Act levies taxes to fund itself. In exchange, 50m potential customers get health insurance....
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