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...It is building its first electric car factory outside Asia in Brazil as part of a R$3bn ($620mn) investment....
...CD&R and BC Partners declined to comment....
...Even though the median Fed official estimates R-star to be 2.6 per cent, the important question with a resilient US economy and higher than expected inflation is whether the committee can know this....
...The fines for KPMG and Wilcox were reduced from £2.25mn and £75,000 respectively for early admissions....
...CD&R bought MFG for £500mn nearly a decade ago....
...Toyota has pledged to invest R$11bn ($2.2bn) in Brazil by the end of the decade, boosting president Luiz Inácio Lula da Silva’s goal to revive manufacturing in the South American nation....
...M&C Saatchi: Shares in the British marketing agency slipped 2.3 per cent after its full-year results showed a 2 per cent fall in revenues and a 10 per cent drop in profit before tax....
...Last year, Zanini de Zanine Caldas, the Rio-based furniture designer, showed The Sound of Wood at R & Company in New York, a collection of work marking 20 years of his studio....
...Google Trends As well as the seasonal overtones (ice, angel, Turkey etc), there was a further theme to these answers, which could have made it a bit easier. . . the first letters of each answer spell out C-H-R-I-S-T-M-A-S...
...Daniel R DePetris Fellow, Defense Priorities (a Washington DC Think-Tank) New Rochelle, NY, US...
...“Although our R&D budget fell this year, we will provide utmost support for R&D spending next year, reflecting the reform results.”...
...Private-equity owned UK supermarket chain Wm Morrison has agreed a £2.5bn deal to sell its petrol forecourt business to the Motor Fuel Group....
...Directly before the pandemic, the so-called “central tendency” estimates for the longer-run federal funds target range lay between 2.4 per cent and 2.8 per cent, implying policymakers believed R-star lay...
...Earlier this week, the French state-owned utility announced the latest in a series of delays and cost overruns to the 3.2 gigawatt plant under construction in Somerset....
...The equilibrium interest rate, or R-star, is the rate at which borrowing costs can be considered neutral, neither inflating or deflating demand in the economy. Read more here...
...Its package also includes the production of new hybrid-flex cars, along with the creation of 2,000 jobs....
...Stephen Poloz, who led the Bank of Canada from 2013 to 2020, has been given the task of convincing Canada’s pension funds, which manage more than C$4tn (US$2.9tn), to allocate more capital at home....
...Ministers gave the go-ahead in 2022 to build the 3.2 gigawatt Sizewell C, which would become the second large power station in Britain’s new nuclear programme....
...It’s not clear yet whether this means the R-star empire is striking back. Do leave other corny jokes about December/R-star/our excellent merch in the comments....
...Properly targeted support for R&D equivalent to 0.5 percentage points of gross domestic product could raise output by 2 per cent for the average advanced economy, the Washington-based fund said in a chapter...
...The Resolution Foundation think-tank estimated that GDP per capita is now 4.2 per cent off its pre-cost of living crisis path — equivalent to a loss of nearly £1,500 per household....
...We’re doing a special 2-part episode with the Unhedged podcast. One part will be in Unhedged’s feed and the other part will be right here, in Behind the Money’s feed....
...Stephen Poloz, who led the Bank of Canada from 2013 to 2020, is charged with convincing Canada’s pension funds, which manage more than C$4tn (US$2.89tn), to allocate more capital at home....
...The UK government’s £2.5bn of spending on Sizewell C compares to the roughly £700mn that EDF committed to the project in 2022....
...It said its net investments rose by €2.7bn to €19.1bn in 2023, including because of the higher Hinkley Point C financing it is having to face....
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