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Key articles on the effect of Russia’s invasion of Ukraine on the global economy and trade
...He then returned to Europe, becoming chief executive of UK insurer Prudential and then Credit Suisse, which he ran from 2015 until he departed in 2020 following a corporate spying scandal....
...Harris, an export control expert at Beacon Global Strategies, a consultancy....
...Switzerland’s decision last year to merge Credit Suisse with UBS was an “unhelpful” way to deal with a failing global bank and US regulators would not shrink from a full shutdown in a similar situation,...
...But if your net worth is negative, the big increase in the cost of your car or credit card loan is going to bite....
...“I’ll come around the corner and it makes me jump every time I see it.” When and why this sculpture made it into the collection is unclear....
...asset class (properly understood) is a collection of systematic risks....
...Citigroup said spending on retailers’ credit cards, such as Home Depot, fell in the first quarter, while spending on Citi’s own credit cards continued to rise....
...as fuel tax collections fell....
...On Monday, Ralph Lauren presented its fall/holiday 2024 collection, featuring supermodel Christy Turlington in a masculine beige coat, striding to the soundtrack of Billy Joel’s “Just the Way You Are”, a...
...The consortium pools credit risk data and publishes it as a resource for public use....
...a 0.7 per cent rise in the so-called core control group, which ignores spending on autos, gas, building materials and in restaurants.Even so, BofA concludes that a recent set of weak credit and debit card...
...DIC Corp, a lossmaking, heavily indebted chemicals company, owns the museum and an unstated proportion of this collection....
...Washington-based lenders say they are willing to continue extending credit to one of Africa’s more pro-business countries, provided it continues its fiscal consolidation and increases revenue collection....
...But it is department stores, rather than lenders, that may have most to lose as the credit cycle sours. The biggest of these — Macy’s, Nordstrom and Kohl’s — do not own their credit card portfolios....
...Job moves UBS has named Alexandra Avramopoulos and Patrick Klotz as co-heads of global banking for Germany and Austria, taking over from Philip von Malsen-Plessen, who will become a vice-chair of global...
...Sony and private equity group Apollo have told Paramount Global they intend to make a $26bn cash offer for the entertainment company, just one day before an exclusivity window is set to expire for a competing...
...Sam Lowe is a partner at Flint Global, where he advises clients on UK and EU trade policy....
...B corps, for instance, are certified not only by their own production and processes but also by their entire value chain....
...Need to know: global economy The head of the World Bank warned wealthy countries not to ignore Africa at a time when development budgets are being strained by wars in Ukraine and Gaza....
...A collection of swing states have seen price-levels outgrow wages between January 2021 and the start of this year. None of this should take away from America’s stellar headline job numbers....
...Informa, which has benefited from the post-Covid bounce back in global events, said its business was performing well across all major regions, including North America, Asia and India, and the Middle East...
...The board said short-term credit or overdrafts, swing pricing and anti-dilution levies could add to fund expenses, while broker costs could increase when the firm seeks an extension of the T+1 settlement...
...The writer is managing director at Crossborder Capital and author of ‘Capital Wars: The Rise of Global Liquidity’ The gyrations in global liquidity — the pool of cash and credit shifting around financial...
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