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...The S&P purchasing manager’s index, a measure of activity in the private sector, rose to 53.3 in February, up from 52.9 in January and the highest since May 2023....
...During that time, the S&P 500 is up about 150 per cent....
...Elkann last year pushed back against a direct investment from the Italian state while France owns a 6.1 per cent stake in the group via state-owned bank Bpifrance....
...On a £200,000 mortgage at an interest rate of 5.5 per cent over 25 years, the monthly bill under an interest and capital repayment mortgage would be £1,228....
...The blue-chip S&P 500 closed up 0.9 per cent, at a new record, continuing a rally that has pushed the index 27 per cent higher since October. The Nasdaq Composite gained 1.3 per cent....
...An almost 25 per cent rise for Wall Street’s benchmark S&P 500 index since the start of November has wrongfooted traders who had expected high interest rates to trigger a recession, writes George Steer in...
...Carmakers Renault and Stellantis have risen more than 25 per cent since the beginning of February....
...In just the first two weeks of its campaign, Israel used at least 1,000 air-to surface munitions daily, estimated John Ridge, an open-source intelligence analyst and munitions expert....
...In that time Lazard’s share price fell by roughly 25 per cent, before Jacobs relented and stepped down in 2023....
...Commercial building and civil engineering sectors both reported a deterioration from October with readings below 50 at 48.1 and 43.5, respectively....
...This month, in contrast, premia have been closer to historic average ranges of 25 per cent to 30 per cent....
...Ex-Tracts, cataloguing English rave flyers from the ’90s), zines and personal photographic prints by Courrèges collaborators Spyros Rennt and Cha Gonzalez. 119 rue Vieille du Temple 75003 Paris, until 25...
...Judging by today’s purchasing manager indices from S&P Global, UK business conditions are also looking more favourable, with services activity continuing to rise and the manufacturing downturn easing....
...John Glen, Cips chief economist, said: “A revival in the services economy is helping the UK’s private sector end the year on a more positive note....
...“We are repositioning Motcomb Street in a more luxury direction over the next 10 years by bringing in better brands,” says Jane Macdiarmid, Belgravia retail director....
...Bank of America’s Brian Moynihan sold $1.9mn before becoming chief executive but none since; Citi chief executive Jane Fraser has also not sold since taking the top job....
...Since November 2021, the Bank of England has raised rates from a record low of 0.1 per cent to 5.25 per cent in a push to bring inflation back to its 2 per cent target....
...CLAIRE BOSTON: Yes, we are back to thinking about Citi and this nearly $1 billion mistake in payment that they made....
...This year, Savova has bought a 1,000 piece jigsaw puzzle of Santa’s workshop. She predicts it could take some time: “Its all red!”...
...Until August 25; further information and tickets here From Maria Callas to Elton John via Grace Jones and Cher, Diva celebrates “the power and creativity of iconic performers” across art, fashion, film,...
...But S&P expects prices to rise just 0.5 per cent this holiday season, compared with the “blistering” retail inflation of 6.1 per cent seen in 2022....
...The company’s upcoming $25,000 car, set for 2025, could unlock a new tranche of customers. Chinese demand could start rising again....
...The benchmark S&P 500 gained 1.4 per cent to close at its highest level since January 2022. European stocks and government bonds joined the rally on Thursday morning....
...Those predictions would take borrowing costs in the world’s biggest economy from a current range of 5.25 to 5.5 per cent down to roughly 3.9 per cent....
...While travel-related cards have become more generous, you may have noticed, like me, that points deals on John Lewis, M&S and supermarket-backed credit cards have become less so....
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