Hints and tips:
...Wall Street on Ozempic The novel weight loss drug is fuelling wild market predictions, from snack makers pivoting to produce, to airlines saving on fuel because of lighter passengers, The Wall Street Journal...
...Others due to launch include long and short versions of blue-chip healthcare, airline and financial stocks, such as Moderna, Airbus and Berkshire Hathaway....
...The $30bn deal announced on Monday to merge Apollo with its insurance affiliate Athene Holding creates a financial juggernaut that defies categorisation....
...Gary Kelly is stepping down as chief executive of Southwest Airlines after 17 years at the helm. He will be replaced by Robert Jordan, currently the executive vice-president of corporate services....
...Founded in 1990 as a buyout firm, Apollo announced two weeks ago that it is to merge with its insurance affiliate, Athene Holding, a move that may finally heal the running sore surrounding the relationship...
...Like other transparent ETFs, Ark’s funds publicly disclose their holdings each day. Investors can also sign up to receive notifications of any trades that the firm makes in its actively managed ETFs....
...Now, four years later, we have the closest thing yet to an answer: in a statement to the Shanghai stock exchange this weekend, Hainan Airlines Holding Co said that “self-investigations” revealed billions...
...But many of Apollo’s holdings lost value in March, forcing the firm into writedowns that ranged from 22 per cent in private equity to 15 per cent in structured credit and 5 per cent in its heartland “direct...
...No sooner had their life insurance venture, Athene Holding, got off the ground than Mr Belardi began confronting questions from New York regulators about whether he and his team were taking too much risk...
...Huge swaths of the global economy, from airlines to retailers, have seen their revenues all but evaporate....
...Only weeks after criticising his father’s news outlets for promoting false scepticism about climate change, James Murdoch, below, is using his holding company Lupa Systems — which was created with part of...
... Wizz Air - Reiterate as OW (Dec-20 PT of €41.5): We continue to see Wizz as a core holding for European airline investors....
...Unions across Europe have threatened low-cost carrier Ryanair with a concerted strike by the end of this month if shareholders do not oust the airline’s directors....
...It said that shareholders “appreciate how fortunate we are to have an outstanding chairman like David Bonderman to guide the board and the airline”....
...Holding LLC....
...Havanna Holding over a year ago....
...one of the airports at which Ryanair has cancelled 1 of 23 “lines of flight” Since the cancellation debacle, Ryanair’s share price has fallen 8 per cent, so those in attendance will want to know how the airline...
...Europe’s biggest airline by passenger numbers has frequently clashed with shareholders at its annual meetings....
...Shares in the Australian airline are up 89.8 per cent for the year to date. The S&P/ASX edged up 0.2 per cent, also helped by the materials sector gaining 1.1 per cent....
...Corporate earnings reports out today include Toyota Motor, NTT Data, Sumitomo Electric Industries, Mitsubishi Motors, Kepco, Singapore Airlines and Cipla....
...Corporate earnings reports out today include Wipro, Bajaj Holdings, China State Construction, Axis Bank, Zhejiang China Commodities and Chunghwa Telecom....
...Although Ryanair offered special bonuses to pilots if they would waive leave and stay a year at the airline, pilots in several of its bases rejected the proposal saying it was inadequate....
...Corporate earnings reports out today include HSBC Holdings, Panasonic, Mizuho Financial, Hang Seng Bank, Sumitomo Mitsui Financial, Mitsubishi Heavy Industries and Japan Airlines....
...They can divest holdings, of fossil fuel companies for instance, but then must consider other polluters such as airlines or utilities. “So, at the end you hold nothing in your portfolio,” he says....
Manhattan traffic jams offer lessons for business-travel planning
International Edition