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...Additional reporting from Guy Chazan in Berlin and Javier Espinoza in Brussels Follow @FTMag on Twitter to find out about our latest stories first...
...That has been enhanced by the €800bn NextGenerationEU Covid-19 recovery programme, under which capitals are required to commit at least 37 per cent of spending to the green transition....
...Oxy reckons its expertise in enhanced oil recovery — in which carbon dioxide is injected into the earth to release more oil — will give it a leg-up as the world scrambles to find ways to store carbon back...
...Guedes said the country had entered a “V-shaped” recovery and would grow as much as 2.1 per cent next year, aided by investment commitments from the private sector of more than $100bn....
...Hide behind a hearing with a famous whistleblower, writes Javier Espinoza in Brussels....
...added: “Our online tools have been a lifeline to many people and businesses through lockdown, and Google is committed to continuing to innovate and build services that can contribute to Europe’s economic recovery...
...“We fully support, and will continue to advocate for, a DSA that ensures technology can contribute to Europe’s recovery and future economic success.” Additional reporting by Tim Bradshaw...
...“It is painful that in digital markets the harm that can be done in that marketplace can happen very fast but the recovery of that marketplace can be very, very difficult,” Ms Vestager recently told the...
...According to Fiona Czerniawska, co-founder of Source Global Research, which advises the professional services industry, the sudden fall in deals is not the prelude to a V-shaped recovery, where the economy...
...Without wanting to overstate it, I think theatre has a part to play in the mental health recovery of our country, not just the economic recovery.”...
...Yes, the numbers are bigger, but the shock, while not a V is shorter and sharper than that crash, and the pre-crisis fiscal situation was strong....
...Though Britain’s response to coronavirus has been riddled with flaws, one institution has emerged with its reputation enhanced: the NHS....
...Take Ellington Management, the Connecticut-based fund manager that was looking to raise its debut “enhanced” CLO in Europe. What’s an enhanced CLO, you ask?...
...Public companies do present investment opportunities but he is not overly enthused: “My phone number is available for any public company chairman that wants to give me a call.“We want a good business....
...Some say it is Groundhog Day (FT) As the Virus Spreads, Face Mask Makers Go Into Overdrive (NYT) Due Diligence is written by Arash Massoudi, Kaye Wiggins and Robert Smith in London, Javier Espinoza in...
...The consultancy predicts revenues across Europe’s Big Five leagues will drop by €1.5bn this season, but make a V-shaped recovery next season....
...Appearing via video link from a locked down Madrid, Ms Botin said those estimates were based on a “V-shaped” recession — a sharp shock followed by a rapid recovery, but stressed this was only one possible...
...[T]he impact of the lockdown followed by a V-shaped recovery [suggests] European profit could contract by between 14% and 35% in 2020 depending on the length of the lockdown....
...pre-software intangibles write-down and FX) but the materially higher-than consensus impairments as well as the very cautious outlook commentary outweigh the positives on revenues and costs; 2) Revenues were 3.4%v...
...HSBC has some discussion about V and W shaped recoveries; its own model resembling “the Nike swoosh” is made by combining a proper V in mainland China forms and more of an L among Western European and American...
...However, the two forecasts in the market (other than ours) that were formulated post-outbreak expect a V-shaped recovery (sales densities higher in FY21 than in FY19) and that feels very bullish to us....
...A ‘V’-shaped recovery in global activity may well ensue in the coming quarters, and propel equities beyond their recent peaks, while weighing on havens such as gold, the US dollar and sovereign bonds....
...Causeway Capital Management LLC, the LA hedge fund, has declared 4.88 per cent of Micro Focus....
...; (iv) assist in the payment of sickness benefits; and (v) protect supply-chain financing in response to the coronavirus....
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