Hints and tips:
...Shanghai-headquartered Hywin Wealth is also weighing up opening an office in the Middle East, Lawrence Lok, Shanghai-based chief financial officer, told Ignites Asia....
...Lawrence Kellner, board chair, said he would not stand for re-election in May. Any decent planespotter could see this coming....
...Under “P for Pornographer” we find Henry Spencer Ashbee, a Victorian businessman who may also have been the author of My Secret Life, one of the most notorious erotic memoirs ever published....
...Global demand for plastics, which makes up 50 per cent of petrochemical demand, is expected to nearly double by mid-century, according to S&P Global Commodity Insights....
...Nevertheless, “investors are skittish on what came out of China”, said Dave Wagner at Aptus Capital Advisors....
...We need to be ready by 2040,” says Ryan Wagner, the IAEA’s tech lead for fusion energy. As in so many other technological fields, the US leads the world, with 25 private fusion companies....
...On the equity side, small-cap stocks continue to be the story: while the S&P 500 has shrugged, the Russell 2000 is up 6 per cent since Jay Powell started talking....
...Yevgeny Prigozhin, the boss of the Wagner mercenaries that have been doing the bulk of the fighting, has complained bitterly that the defence ministry has denied his men sufficient ammunition and now threatens...
...Here’s what else I’m keeping tabs on today: Economic data: The S&P Case-Shiller index of US house prices, durable goods orders and consumer confidence data are all released today....
...Since mid-May, NRG’s shares have risen 47 per cent, compared with a 10 per cent loss for the S&P 500 utilities index. Shares of NRG fell 1 per cent in early trading on Monday....
...Glittery drag queen Marsha P Johnson, Afro-Brazilian resistance fighter Zumbi dos Palmares and emperor Haile Selassie compete to hold court....
...Met Police admits ‘too many mistakes’ in Stephen Lawrence murder case as sixth suspect named | A major suspect in the Stephen Lawrence murder has been publicly named today for the first time, after a BBC...
...After S&P took away its triple A rating for the US, there was little long-term effect on markets....
...The currency has weakened since late June, hit by the Wagner Group uprising and declining further after Ukraine’s drone strikes on Russian shipping over the weekend raised concerns that the war is intensifying...
...Wall Street’s benchmark S&P 500 closed 0.4 per cent lower, while the tech-heavy Nasdaq Composite ceded 1.2 per cent....
...Arseniy Yatseniuk Chairman, Kyiv Security Forum; Prime Minister of Ukraine 2014 and 2014-2016 Lawrence H Summers President Emeritus of Harvard University, US Treasury Secretary 1999-2001 Amb Robert B Zoellick...
...NRG’s chair of board of directors Lawrence Coben has been appointed interim chief....
...It should wear through another £300mn to £400mn of negative free cash flow this year, according to S&P Global Ratings....
...“There remains some hardware headwinds, which may give us a read on the overall consumer right now,” said David Wagner, portfolio manager at Aptus Capital Advisors....
...Economic data: S&P Global releases flash purchasing managers’ indices for the US, the UK, the EU, France and Germany....
...The S&P 500 reached its highest level in more than a year yesterday ahead of the meeting....
...One good read After the Wagner rebellion, Russia can never go back....
...Many of the Russians killed in the battle for Bakhmut are believed to have been criminals recruited from prisons by the Wagner private military company....
...What else we’re reading Wagner Inc: a Russian warlord and his lawyers As founder of the private mercenary operation known as the Wagner Group, which offers muscle to dictators and has waged war in the Middle...
...One market-watcher we spoke to yesterday, Mark Hackett of Nationwide, thinks the S&P 500 is fresh out of technical support, and will need better fundamentals to rise much higher. What say you?...
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