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...The proposed pay increase for Schwimmer comes nine months after Julia Hoggett, who heads the London Stock Exchange, called for UK executives to be paid better in an effort to retain talent in the country...
...“There is a lot of cover for the [protection and indemnity] element to address,” said Neal, citing the $3bn of liability reinsurance that the ship has access to through the International Group of P&I Clubs...
...The Russell 2000 index has risen 24 per cent since the beginning of 2020, lagging behind the S&P 500’s more than 60 per cent gain over the same period. Read the full story. 4....
...This cover is provided in the first instance to the Dali by Britannia P&I Club....
...Wall Street’s S&P 500, the tech-dominated Nasdaq Composite, Japan’s Nikkei 225, Germany’s Dax and France’s CAC 40, among other indices, have all hit their highest-ever levels in recent weeks, amid hopes...
...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....
...their debt in 2024 than in any start to the year since the global financial crisis as inflationary pressures and high interest rates continue to weigh on the world’s riskiest borrowers, according to S&P...
...CERAWeek, the global energy conference sponsored by S&P Global, begins today in Houston, with guest speakers including the chair and chief executive of ExxonMobil Darren Woods....
...Chart of the day The S&P 500 stock index yesterday crossed the milestone of 5,000 points for the first time....
...demand for foreign currency-denominated long-term savings policies remains strong, given [the] interest rate differential between Hong Kong and mainland China,” said Billy Teh, associate director at S&P...
...Economic data: S&P Global will release its purchasing managers’ indices for manufacturing and services for February and annualised existing home sales for January will also be published....
...Almost 75 years after George Orwell completed Nineteen Eighty-Four, the Orwell estate has given approval to a novel told from the perspective of the lover of its protagonist Winston Smith....
...And here’s what I’m keeping tabs on today: Economic data: The Institute for Supply Management will release its monthly US manufacturing survey while S&P Global publishes its Mexico manufacturing survey....
...Economic data: S&P Global publishes manufacturing purchasing managers’ indices for the eurozone, UK, US, Canada and Mexico today....
...Here’s what I’m keeping tabs on today: Markets: The S&P 500 will be in focus today after the US equity index closed at a record high on Friday following strong results from Meta and Amazon....
...Economic data: S&P Global publishes its manufacturing and services purchasing managers’ indices for the US....
...Economic data: S&P Global publishes US services purchasing managers’ indices and we also get November jobless claims from private sector payroll services provider ADP....
...Julia Coronado, a former Fed economist who now runs MacroPolicy Perspectives, cautioned that such a substantive move higher in borrowing costs would soon bite....
...Schwimmer’s comments echo the view of Julia Hoggett, the head of the London Stock Exchange that is part of the wider group, who last year said UK executives should be paid more to retain talent and prevent...
...US stocks ended higher, with the S&P 500 rising 0.5 per cent to its highest closing level since January 2022. That leaves it about 3 per cent below its record high from earlier that month....
...P Soleil d’Or gives bright yellow berries on red stems, and P rogersiana Flava has glossy yellow fruits....
...The Nasdaq Composite closed 0.3 per cent higher while the S&P 500 dropped 0.1 per cent....
...Map of the day Anchored 200km from Rio de Janeiro is the P-71 floating production unit, one of the newest offshore oil platforms transforming Brazil into a global energy power....
...But it lags far behind the US, where S&P 500 company chiefs earned on average $16.7mn (then £13.6mn) in 2022....
...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....
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