Hints and tips:
...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....
...Credit rating agency S&P Global downgraded Ethiopia’s debt to default on December 15 after the initial deadline for payment was missed....
...(c) 1 LOB (“Services”) = almost all of Citi’s market cap....
...But, as S&P puts it when explaining why U.S....
...The moves came after San Francisco Fed president Mary C. Daly late on Monday acknowledged the central bank’s “progress” on inflation and appeared to throw her weight behind three rate cuts next year....
...On Monday the Financial Times revealed that US hedge fund Elliott had been buying the bonds....
...As much as 45 per cent of the financial companies in the S&P 500 have no women among their “named executive officers”, those C-suite members important enough to have their pay officially disclosed, according...
...— who also took home t-shirts — and Jane Streeters Vesey St. Tuna Trading Ltd. with a very respectable 44.5 and 42 points each....
...I’ve opted for Grenson’s chunky leather take on the Mary Jane, with its cushioned sole....
...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....
...by investors to wager on a fall in prices has jumped by 65 per cent since Milei, a self-described “anarcho-capitalist”, won a primary poll last month ahead of a presidential election in October, writes Mary...
...Mary Barra, CEO and chair of General Motors, led other sections of the carmaker following her time as vice-president of global HR....
...Public relations firm ICR has acquired London-based healthcare advisory Consilium Strategic Communications in a deal that will see Consilium founders Mary-Jane Elliott and Amber Fennell lead ICR’s European...
...The company’s triple C plus credit rating is one of the lowest assigned by the big rating agencies, with analysts at S&P Global warning its upcoming debt maturities “present significant refinancing risk”...
...Zurich’s P&C business also suffered from higher claims in US crop insurance, where dry weather hit yields. Greco highlighted the recent drought in Nebraska....
...And finally A few decades ago, the residents of Wigtown (population c. 1,000) in south-west Scotland wondered if they could follow Hay-on-Wye in Wales’s lead....
...Moreover, the story shares a great deal of literary DNA with Arthur C Clarke’s 1953 classic Childhood’s End....
...By June next year, S&P Global is predicting the US default rate will rise to 4.5 per cent, up from 1.7 per cent at the start of 2023....
...Suncor’s market capitalisation was C$60bn ($47bn) on Wednesday, and its shares rose 10 per cent after Elliott’s announcement on Thursday....
...Wall Street’s benchmark S&P 500 index rose 1.6 per cent, with tech and consumer stocks leading the way. That helped recoup declines from the first two days of the week....
...One lender called the Tenneco deal “a Hail Mary effort to see if [the banks] could capitalise on recent market strength”. In the end, investor orders came up short....
...Bankers last month postponed a debt financing for the $16.5bn takeover of software company Citrix by Vista Equity Partners and Elliott Management, after struggling to find willing lenders....
...“There are three R words right now: It’s Russia, it’s recession and it’s [interest] rates,” said Citigroup CEO Jane Fraser....
...Warren is the senior United States senator from Massachusetts Mary Barra Chair and CEO, General MotorsBY JANE FRASER What kind of car should Mary Barra drive?...
...In the first place, activists like Elliott will undoubtedly demand more belt tightening....
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