Hints and tips:
...Shleifer was one of Tiger’s first hires and marshalled investments into booming Chinese technology companies, including ecommerce groups such as JD.com and Ctrip.com....
...But you might have missed one unexpected sales host: Richard Liu, founder of Chinese online retailer JD.com....
...On Shleifer’s watch, the private equity unit earned large windfalls from early bets on Chinese ecommerce groups JD.com and Meituan, and ride- hailing app Didi Chuxing....
...Consider that an economic recovery might get net profits to £100mn in four years' time, worth about 80p per share at the bid multiple....
...as long as French and German ATC don’t (expletive) it all up in March, April, May, I think all operators in Europe will be positioned for a very strong summer of traffic and bookings and reasonable fair recovery...
...American Express Global Business Travel has agreed to buy rival CWT for $570mn in a bet on the continued recovery of business travel....
...But Tiger struck a more upbeat tone recently, referring to 2023 as a “solid recovery year” in which its flagship fund was up every month but one. This year it gained about 3 per cent in January....
...machine is slowly revving up again, driven by blockbuster deals — those worth more than $10bn — which more than doubled in the first quarter of 2024 compared with last year, signalling the earliest signs of recovery...
...Back in Taipei, Acer chairman Jason Chen is also looking for signs of a recovery, in this case in the PC market....
...This is an industry in recovery mode — few sectors were as badly pummelled by the pandemic, which shuttered gyms. Pricey branded sportswear was harder to justify with no one to see it....
...“Owners and managers offer their heartfelt sympathy and condolences to the families of those who have lost their loved ones in this tragic attack and wish for a speedy and full recovery of those who are...
...Usually stocks that are cheap on the standard metrics outperform in a post-recession recovery, but that does not seem like a great description of the rather weird post-pandemic economy we are in right now...
...In our high-yield business, we generally have experienced about a third of the market’s defaults, and we have outperformed the market in terms of recoveries given default. So credit selection matters....
...A strong Chinese recovery could also challenge the recent performance dominance of US equities, either directly or indirectly via Japanese or European assets....
...It’s time for Europe to stand on its own feet, argues US Senator JD Vance....
...Private equity firms that buy out companies are taking advantage of a recovery in global corporate bond and loan markets, after the Federal Reserve signalled that inflation had been sufficiently tamed for...
...The flagship fund has gained every month, buoyed by a recovery in large-cap technology stocks, including Meta, Google and Amazon....
...Auto loans have been a bright spot for them amid a sluggish recovery in broader loan growth. But cracks are appearing. Loan delinquency is rising and used-car prices are falling....
...Here’s more on the regions driving a nascent recovery in the M&A market....
...Chair Tim Martin is bullish on the outlook for further recovery in the share price, based on his recent activity....
...It plummeted again to just 12 years at the initial internet peak in 2000, when the oldest of the leading five was 19 (JDS Uniphase) and the youngest was four (Juniper Networks)....
...Chinese ecommerce sites JD.com and Alibaba opted against publishing sales data from their annual summer sales blitz, as concerns grow about the country’s sluggish economic recovery....
...Asian equities declined on Wednesday as China’s sluggish economic recovery and the government’s slow rollout of stimulus measures weighed on market sentiment....
...SELL: JD Wetherspoon (JDW) Interest rate swap sales have allowed the pubs company to bring down its debt, writes Michael Fahy. Things are looking brighter for JD Wetherspoon....
...That is a challenge for labour-intensive businesses like pub chain JD Wetherspoon, where labour constitutes over 30 per cent of costs....
International Edition