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...A version of this article was first published by Nikkei Asia on April 4 2024. ©2024 Nikkei Inc. All rights reserved....
...(c) 1 LOB (“Services”) = almost all of Citi’s market cap....
...T, a construction and engineering business, during the merger to help cement the billionaire scion’s control of the conglomerate....
...A pragmatist, he golfed with George W Bush and served with Fink on Donald Trump’s economic advisory council....
...That’s undoubtedly part of the W appeal. The C$45 High Park arrives inside a glass terrarium with real plants....
...It also wasn’t a great look that SHoP managed to stymie an attempt by its architectural workers to unionise during construction of this tower for the super-wealthy....
...Real Return fund, which avoids companies incompatible with the aim of limiting global warming to 2°C....
...Fixed income funds tend to do a bit better, thanks to the inefficiency of bond markets and flaws in bond index construction....
...In the UK, buildings receive an energy performance certificate, or EPC, with a top grade of A and a bottom of G....
...The Stories She Wears is a six-month programme focusing on teaching practical techniques in local styles, upcycled fashion, traditional textile design and financial literacy. pradagroup.com; unfpa.org G...
...C Coaching After Wimbledon, the men’s tour will trial allowing coaching during matches....
...That may have led to weak governance standards, hurting Japanese companies’ performance on the ‘G’ element of ESG....
...Its founder, Paul Singer, was caricatured on Samsung C&T’s website as a bespectacled vulture....
...Rolex doesn’t market to teens, but when Gen Z age-out of buying Casio G-Shock watches, Knight says there’s a risk they won’t be interested in buying a Rolex at all....
...They also have lines in construction and land holding. “We do all kinds of other things just to make ends meet,” Rob says. “We’ve done pretty well.”...
...In the latest skirmish in a five-year battle, Japanese construction conglomerate Lixil has turned to a higher court in Frankfurt as it seeks to recover €270m from a consortium of 20 insurers, including AIG...
...The manufacturing and construction sectors are both likely to take a hit too....
...at the ‘C-suite’....
...A Gazprom director profited from a secret scheme linked to the construction of a multibillion-dollar gas pipeline between central Asia and China, according to documents seen by the Financial Times....
...Best placed if the recovery is W shaped: Hays' average cons FY20/21e EPS are cut by c.70% YTD vs. 35-60% downgrades for others. We see limited downside even if the recovery is W shaped....
... Telia: u/g to Neutral – cash flows, dividends have bottomed....
...Well, w e think that w e already assume that quite a lot of things will! Impairments rose by 75% YoY to £0.7bn in 2019 and w e continue to model a further 300% YoY increase to £2.8bn in 2020e....
...[W]e think that the news . . . is a step towards abating concern around: 1) Cash generation: we expect this to improve in coming years "one-off" cash items (eg....
...The reduction in earnings for 2020E is largely driven by LGC, which paused traditional construction during lockdown....
...[W]e think that, even considering the liquidity of the stabilization package, shares do not reflect the impact of Covid-19....
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