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...Meanwhile, hotel investment volumes in the UK last year fell 38 per cent to €2.2bn, contracting nearly 70 per cent from pre-pandemic levels....
...McKinsey is facing calls from some US lawmakers to be barred from contracting work for the federal government because of alleged inconsistencies in its statements about its business in China....
...In the federal government, for example, this data transparency led to us putting congressionally mandated contracting goals in the key performance indicators of senior buyers....
...US lawmakers are seeking to restrict companies with federal funding from contracting with biotech groups deemed to be a threat to national security....
...Separate data published by Destatis, the federal statistics office, showed the increasing pressure on Germany’s construction sector....
...core CPI is running north of 4 per cent, and the longer term averages aren’t far behind: It’s not quite as bad as the chart above suggests, because personal consumption expenditure inflation, which the Federal...
...The USAspending.gov database shows that one McKinsey rival, BCG, increased its federal contracting work from $104mn in 2018 to $343mn in the 2023 fiscal year....
And a reply to Dara Khosrowshahi
...MainFT, last night: The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants...
...He sent me four such UK/US pairs: in Banking, Standard Chartered and Citi; in Homebuilding, Cairn Homes and Lennar; in Tobacco, Imperial Brands and Altria; in defence contracting, Babcock International and...
...So a small decrease in reserve quantities could send banks scrambling for cash, and push the federal funds rate up....
...The agencies’ sales pitch has evolved for growth in an ever tightening, demographically contracting job market: one where everyone now frets about recruitment and retention....
...Federal police in Brazil have recommended that former president Jair Bolsonaro face criminal charges over claims he faked Covid-19 vaccine certificates, in what would mark the first formal indictment against...
...US lawmakers have put the sector under scrutiny in relations with China and are seeking to restrict companies with federal funding from contracting with “foreign adversary” biotech groups of “concern” deemed...
...I don’t see that as contracting demand. I do see it very much on the inflation side....
...On Monday, the US Federal Trade Commission sued to block Tapestry’s $8.5bn acquisition of rival Capri Holdings. The pair are best known for their handbag brands....
...A preliminary report by the National Transportation Safety Board found that four bolts meant to secure the panel to the aircraft were missing, and an audit of Boeing and Spirit by the US Federal Aviation...
And two more stocks of interest
...The Federal Trade Commission, another competition regulator, has litigation pending against Meta and Amazon, while the DoJ recently unveiled a case against Apple....
...Berkshire has also benefited from the US Federal Reserve’s decision to raise interest rates in a bid to quell inflationary pressures....
...The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants LVMH and Kering....
...An SRR could follow the model of the Federal Reserve’s efforts to address financial stability risk: aiming to prevent crises, and reducing harm when they occur....
...Federal appeals courts rejected this “Texas Two-Step” gambit not once but twice. Yet in the background, the company and plaintiffs’ lawyers were trying to cut a global deal, announced on Wednesday....
...Since the US Supreme Court in 2018 struck down a federal law banning sports wagering, the US market has been seen as a new source of rapid growth, particularly for international betting companies that faced...
...To really bring the issue home, the NY Federal Reserve put out a blog at the end of March on the implications for the United States of a hypothetical China property hard landing....
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