Hints and tips:
...Based on reporting by Roman Olearchyk, Christopher Miller, Ben Hall, Max Seddon, John Paul Rathbone, John Reed, Guy Chazan, Henry Foy, Mehul Srivastava, Polina Ivanova and Tim Judah....
...For example, in recent decades, a swing of just 1 million barrels can swing crude oil prices dramatically even in a market supplied by roughly 100 million barrels per day....
...In contrast, 13 of the 65 companies scored had rock-bottom scores of five or less out of 100....
...Is the asset management industry ready for T+1?...
...Nearly 2,000 ETFs launched in the US between 2019 and 2023, nearly double the 1,100 new mutual funds, according to Morningstar....
...Red Bull’s Max Verstappen says the Vegas GP is “99% show, 1% sporting event”....
...But funds gained 6.1 per cent on average, compared with the S&P 500’s 26.3 per cent gain....
...Some good news A British food company has opened what it says is the world’s most advanced vertical farm, using 100 per cent renewable energy to grow crops....
...“It’s almost as if we — the viewer — are being pulled onto the dancefloor,” says curator Holly Hay of the over-100-strong collection....
...There are about 100 of them in Scotland, plus a few in England and Wales, but a visit to Corrour, one of the oldest still in use, feels like a pilgrimage....
...There was no liquidity in S&P 100 options....
...The region-wide Stoxx Europe 600 rose 1.5 per cent, led higher by rate-sensitive real estate stocks. France’s CAC 40 added 1.5 per cent, while London’s FTSE 100 gained 1.7 per cent....
...Alongside Continental Resources boss Harold Hamm, Hess transformed the state from producing fewer than 100,000 barrels of oil a day in the early 2000s to a peak of 1.5mn b/d in 2019....
...London stocks followed Wall Street’s trajectory, putting the FTSE 100 also on track for a record high....
...The S&P Global Clean Energy Index, which is made up of 100 of the biggest companies in solar, wind power and other renewables-related businesses, has dropped 20.2 per cent over the past two months....
...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....
...You just spent 18 months finding John Doe to fill that job gap; you’re not going to rush to fire him in this downturn....
...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!”...
...About four in every 10 apples sold in M&S are Pink Lady....
...Gorman similarly bought 100,000 shares in Morgan Stanley in 2011; he sold the same amount of stock five years later....
...London’s FTSE 100 rose 0.1 per cent after fresh data showed the UK economy recovered from the pandemic faster than previously estimated, while France’s CAC 40 index gained 0.3 per cent after domestic inflation...
...June 1; further information and tickets here Royal Ascot Dust down your hat — it’s the big one....
...It is that gulf that made the duo the John Lennon and Paul McCartney of the investment world....
...Five more top stories 1....
...The tech-heavy index dropped 2.1 per cent, its biggest daily decline since March 9. The broader S&P 500 index fell 0.7 per cent....
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