Hints and tips:
Related Special Reports
...The quarter was the first under Pick, whose background in investment banking and trading contrasts with predecessor James Gorman’s years in wealth management....
...American Express Global Business Travel has agreed a $570mn deal to buy rival CWT, in a bet on the continued recovery of business travel following the pandemic....
...Chart du jour: Greek tragedy Greece’s strong economic recovery has made it one of the best performers in the eurozone....
...“But more is needed to secure a quicker recovery and lower economic costs during the transition.”...
...“There’s not much room at this point for a prolonged recovery,” he said. For the activists, perhaps the biggest question is over the board and Iger’s successor....
...On a conference call with analysts in January, Gray said Breit had “weathered the storm” in real estate markets, but he warned that Blackstone did not expect to see a “V-sharped recovery” in property values...
...The pick-up in mergers and acquisitions could usher in Wall Street’s long-awaited recovery for investment banking....
...“We would acknowledge that this is not going to be some sort of a V-shaped recovery. There are going to be plenty of troubled deals in the market,” added Gray....
...So reform and recovery go hand in hand.”...
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...“And, of course, it will be possible to unlock the money from the recovery and resilience plan.”...
...The recovery in corporate travel since it ground to a halt during Covid restrictions has been led by small and medium-sized businesses, according to Paul Abbott, chief executive of American Express Global...
...Under Gorman and Saperstein, it’s benefited from a combination of a bull market and a cleverly executed roll-up strategy....
...TransPennine Express, which runs trains in northern England and parts of Scotland, has become the fourth railway service to be nationalised by the UK government in just five years....
...But in principle a change of government ought to unlock tens of billions of euros for Poland from the EU’s post-pandemic recovery funds and from the regular EU budget, as Leszek Kąsek and Rafał Benecki write...
...More on that below, but first a scoop from Laura: Belgium’s security services are monitoring Chinese tech group Alibaba’s logistics hub at Liège airport for “possible espionage and/or interference activities...
...“Frankly, banking has been really weak,” said James Gorman, who’s nearing the end of his tenure as Morgan Stanley’s chief after nearly 14 years, while adding that he expects a turnaround after a stronger...
...At the same time, the country’s full recovery of independence in 1955, after a 10-year occupation by the second world war Allies, was conditional upon its adoption of permanent neutrality, as explained by...
...Paul Abbott, chief executive of American Express Global Business Travel, said multinational companies had been slower to bring back business travel than small- and medium-sized companies, where demand has...
...Two years ago, Igor Matovič, then Slovakia’s prime minister, was asked in a radio interview what his government had promised Moscow in return for supplies of Russia’s Sputnik V Covid vaccine....
...FirstGroup was recently stripped of a contract to run TransPennine Express rail services after many problems with cancellations. Investors were impressed....
...Express your thoughts’,” Sondag recalls. “And that worked pretty well until the moment that they chained themselves to the private jets....
...About a dozen people mistakenly requested recovery passwords for an intelligence community system to be sent to Mali....
...But if you then look at the volumes of actual exports in 2022, and then express them in 2019 prices, the total value of goods and services exported in 2022 was actually £691bn — still below the £700bn achieved...
...TPE’s management is preparing a recovery plan to present to the government next month....
International Edition