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...F1’s operating profit rose by 64 per cent to $392mn in 2023 from a year earlier, as revenues jumped to $3.2bn from $2.5bn....
...The company’s main creditor Korea Development Bank said on Friday that Taeyoung E&C, a subsidiary of the Taeyoung Group, applied for a debt workout last month with creditors, raising fears of a repeat of...
...Critics have branded South Africa’s plan a crude form of “extractive conservation” and say it applies a “farming ethic” to wild animals....
...For a stock that is expected to increase earnings below the S&P 500’s average pace this year and next, that’s still a lot....
...So it is in bridge, where a cheap little gift may seem a bonus, but can prove terribly costly. BiddingDealer: South E/W Game The bidding went well....
...A version of this article was first published by Nikkei Asia on March 6. ©2024 Nikkei Inc. All rights reserved....
...South Korean equities led losses in Asia, with the broader region’s stock markets also following the US lower on Wednesday....
...Australia’s S&P/ASX 200 index edged up 0.2 per cent. On Wall Street the S&P 500 gained 1.2 per cent on Tuesday and the tech-heavy Nasdaq Composite climbed 1.6 per cent....
...Stock markets in Asia were muted in early trading on Wednesday despite the US S&P 500 closing at a record high....
...A ferry reunites us with the E&OE at Butterworth station, our northern terminus, where the crew stand ready with cool, damp towels....
...Inland of South Africa’s famed coastal Garden Route, away from the cars and whale-watching tours, there is a sense of time winding down....
...The P/E relative of the stock on UBS 2026E EPS (against the market) goes to a record high of 152% on the UBS forecast of earnings. 2....
...The forward P/E of the Mag 7 is 31. The rest of the S&P 500, excluding the Mag 7 and four stocks with negative expected earnings, has a forward P/E of 19....
...The stock has gained nearly 40 per cent over the past 12 months, outpacing the S&P 500’s 20 per cent rise....
...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)....
...K-SURE, the South Korean government export credit agency, has withdrawn insurance needed to underwrite SK E&S’s investment in the Timor Sea project....
...“They see us as a threat,” he said of the DA. “It ’s a sign . . . we’re bang on the money,” he told The Financial Times....
...S&P declined to comment and Visible Alpha did not respond to a request for comment....
...The rest of the eurozone “saw the best performance . . . despite growth slowing slightly”, S&P said....
...A version of this article was first published by Nikkei Asia on February 27. ©2024 Nikkei Inc. All rights reserved....
...Bird Global, the e-scooter rental pioneer, has filed for Chapter 11 bankruptcy protection. The start-up was the fastest ever to reach a “unicorn” valuation above $1bn....
...The S&P 489 has a weighted average P/E of 24, cheaper than the whole index, but not by much....
...How about an elite Kabaddi league, a new global athletics competition, and a pan-South American football league?...
...If you take the Magnificent 7 out of the S&P 500, its multiple moves from 22 to 19. The S&P 350 is at 14....
...Shares in the company, which declined 5.6 per cent on Monday, have fallen more than a third this year, making it the second-worst performer in the S&P 500 and underperforming those of legacy carmakers....
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