Hints and tips:
...The boost from its earnings helped push the S&P 500 index and the tech-heavy Nasdaq Composite to new highs. The ripples spread far beyond the US....
...Judging by today’s purchasing manager indices from S&P Global, UK business conditions are also looking more favourable, with services activity continuing to rise and the manufacturing downturn easing....
...But Darren Woods insisted the companies — and their leaders — would be able to maintain a “collaborative” relationship. “It’s business....
...Tim Moore of survey organisers S&P Global said construction companies were “increasingly optimistic that the worst could be behind them soon as recession risks fade and interest rate cuts appear close on...
...UK housebuilding activity shrank for the 11th consecutive month as high borrowing costs hit demand, according to new S&P Global PMI data....
...UK business activity grew marginally in November, according to new S&P Global/Cips PMI data....
...In the UK, the “flash” reading for the S&P Global/Cips purchasing managers’ index this morning showed business activity slipping at the fastest rate since January 2021, suggesting the economy was heading...
...The near-stalling of activity “raises doubts over the strength of US economic growth in the third quarter,” said S&P Global’s Williamson....
...Factory activity expanded in September for the first time in six months according to government PMI data on Saturday, while S&P Global data yesterday also showed improvement....
...UK housebuilding slumped in August at the second-fastest pace since the first Covid lockdown, according to the S&P Global/Cips UK Construction Purchasing Managers’ index, as concerns about the economic outlook...
...Moreover, an analysis by rating agency S&P suggests UK banks have handed more of the benefits of interest rate rises to savers than their counterparts in Europe and the US....
...Chris Williamson, chief business economist at S&P Global Market Intelligence, which publishes the index with the Chartered Institute of Procurement and Supply, said the data showed the UK economy had “come...
...Here’s what else I’m keeping tabs on today: Manufacturing: S&P Global publishes its manufacturing purchasing managers’ indices for the EU, UK and US while the US Institute for Supply Management publishes...
...A new Big Read highlights how just seven tech companies are driving the US stock market rally, with the S&P 500 enjoying its best first-half of the year for two decades, despite worries about the direction...
...chief executive Darren Woods Results: Embraer Q4, Marshalls FY Tuesday Australia: interest rate announcement Canada: February CPI inflation rate data Germany: Zew Economic Sentiment Japan: Bank of...
...CERAWeek, the global energy conference sponsored by S&P Global, begins today in Houston, with guest speakers including the chair and chief executive of ExxonMobil Darren Woods....
...This time however the deal led the benchmark S&P 500 to hit a nine-month high overnight while also lifting European equities and oil prices....
...In an interview with the FT in December, Exxon chief executive Darren Woods said “biofuels will play a role” in the transition away from fossil fuels....
...Need to know: UK and Europe economy The UK enjoyed some positive economic news to end the week with S&P Global’s PMI survey showing business activity expanding again in March to hit a score of 52.2, where...
...The S&P Global PMI survey showed an unexpected return to growth in business activity for the first time since June, while German business confidence is bouncing back....
...The announcement comes days after chief executive Darren Woods told the FT that the UN climate talks have focused on renewable energy for too long....
...S&P Global’s PMI survey showed business activity in the UK at a two-year low of 47.8, where 50 marks the line between contraction and expansion....
...Exxon last week said chief executive Darren Woods’s 2022 pay increased 52 per cent to $36mn as oil companies globally enjoyed record profits last year....
...Yet Darren Woods, Exxon chief executive, warned that global energy supplies were likely to remain tight because industry output is not “covering the growth” of resurgent demand....
...Business activity in the eurozone shrank for the fifth consecutive month in November, according to the closely watched purchasing managers’ index from S&P Global, recording a score of 47.8, where 50 marks...
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