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...Instead of contracting to build a rocket, it wants to buy the ride from companies such as SpaceX and Blue Origin. And this is one of the fundamental differences to the Apollo era....
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...“Getting back to its glory days will be an Everest of a task, if the rate-hiking cycle is prolonged and severe.”...
...Doubling the number of those who summit Mount Everest in a given year, will alter the perception of the space industry, particularly astronaut prestige....
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...In that event, “UK banks are the most vulnerable” to the consequences, which could include “a domestic political crisis and the economy contracting, leaving the property market vulnerable”, S&P said....
...S&P last week cut Swissport’s rating one notch to B-, deeply in “junk” territory, citing the “aggressive acquisition policy, tolerance for high leverage, and contracting liquidity” of HNA....
...“Our ratings on Swissport are therefore affected by our view of HNA Group’s aggressive acquisition policy, tolerance for high leverage, and contracting liquidity burdened by significant debt maturities over...
...HTC changed tack, contracting with Google to manufacture the first Pixel smartphone....
...Then it was Mount Everest, and in 1953, we got to the top of Everest. Then it was the moon, and in 1969, we got to the moon....
...Hence the tie-up with Goldman, which has emphasised transaction funding through both debt and equity in the face of contracting trading profits....
...Other data this morning showed South Korean trade contracting in July, and the trade surplus pulling back from June’s record high....
...Australian capex data showed business investment continued to fall, contracting 5.4 per cent quarter-on-quarter in the three months to June 30....
...Investors seemed to look past a popular proxy of Japanese capital expenditure contracting in by the most since November 2014 as data this morning showed machine orders shrank at an 11.7 per cent year-on-year...
...Investors, by and large, looked past some mixed data, with retail sales unexpectedly weak last Month and producer prices contracting in March....
...“Until those conditions are resolved, regardless of whether the economy is contracting, equity returns should suffer”....
...Unfortunately, contracting long yields often presage an economic slowdown. That’s the real worry. jamie.chisholm@ft.com...
...Contracting by 3.8 per cent year-on-year last month, the producer price index has been in deflationary territory for 12 consecutive months. Also helping push the yen lower was a firmer US dollar....
...Trade, after a dismal 2015, continues to fizzle, with new export orders still contracting. The region’s domestic travails, above all in China, are well known, but the West is also losing steam....
...appreciated to its strongest level this month following the Fed’s policy statement on Wednesday, but had reversed some of those gains after data showed continued weakness in Japanese exports in February, albeit contracting...
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