Hints and tips:
...Thus only a fraction of overall AUM is deployed in strategies that have a direct impact on the VIX® index (e.g. 1-month over/underwriting strategies on the S&P 500 index)....
...With just 1.2bn people having an income above $12K a year, Apple is valued on an EV per pop of c$2,300, which requires c$800pp of annual spend, on the global equity strategy team’s calculations. 4....
...I was there with friends on the promise of transgressive S&M....
...The species is roaming Chad again after conservationists reintroduced it using captive animals....
...To recap, “private credit” generally means direct loans to companies, often involving a private equity backer and a small handful of lenders (or even just one)....
...They’re digital tokens backed either by a) dollar-denominated portfolios of safe assets; b) unaudited promises that they have safe assets; or c) magical confidence maths that only work until a death spiral...
...The value of short positions against Argentine bonds lent by international custodian banks is currently $41mn, a sharp increase from $25mn ahead the mid-August vote, according to data from S&P Global Market...
...The reality is that all of this happens anyway without my direct engagement and I could leave well enough alone....
...The similarity of material, right down to some of the same anecdotes and an overlapping dramatis personae, allows a direct comparison to be drawn between the two books....
...Rating agency S&P downgraded the company three notches on Thursday to triple C on “non-payment risk” and estimated it had only $200mn, or half the required funds, currently available....
...The dramatic mid-air blowout of a door plug on the fuselage, the plane’s main body, during an Alaska Airlines flight on January 5 has cast a shadow over Boeing’s 737 Max series — a direct competitor to Airbus...
...entity in FTX US — who then filed for Chapter 11 and chose S&C as counsel to the debtor entities.”...
...The company’s triple C plus credit rating is one of the lowest assigned by the big rating agencies, with analysts at S&P Global warning its upcoming debt maturities “present significant refinancing risk”...
...several people with direct knowledge of the assessment said....
...In mid-2021, Miller left a partnership at Sullivan & Cromwell, a top Wall Street firm known as S&C, to join FTX....
...The company overhauled its governance last November, adding a supervisory board to oversee what remains of the C-suite....
...Rio, flush with cash from soaring commodity prices, came back on Wednesday to offer C$40 (US$30.79) a share, an 18 per cent improvement on the previous offer and a 56 per cent premium to Turquoise Hill’s...
...This is perhaps not too surprising from a man who directs his films wearing a waistcoat and blazer, a high sartorial standard that seems almost countercultural in ultra-casual Hollywood....
...or careless language in the C-suite....
...This year’s drop includes a limited-edition tote and pouch. You can also pick up merchandise from previous collections or make a direct donation....
...In the near-term, this would clearly provide a direct economic stimulus but the key benefits of this would be long-term....
...After more than a decade of discussions, the EU agreed a new law on a single standard charger — USB-C — for smartphones, laptop computers and accessories, which it says will save consumers €250mn....
...Nonetheless, he has described the country’s housing crunch as “an emergency”, “a crisis”, “a social disaster” and “a drag” on foreign direct investment....
...So it is useful to think of Gaddafi’s fall not as a direct cause of its current turmoil but as an accelerant of dynamics long under way in the region, says Yvan Guichaoua, a Sahel specialist at the UK’s...
...Shares in the asset manager rose 5.7 per cent on the day the deal was announced, and this year they have nearly doubled the S&P 500’s performance....
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