Hints and tips:
...It will be the first time the company’s management has publicly addressed shareholders since the mid-air blowout aboard the Alaska Airlines flight earlier this month....
...Cheaper travel to the continent dealt the killer blow; holidaymakers wanted their water warm, not pungent. From the mid-20th century onwards, the town was in steady decline....
...In 2008, she founded RAW Material Company, an independent art space in the city....
...In Europe, the continent-wide Stoxx 600 is up 15 per cent from its low at the end of September. French and German markets have strengthened more....
...The company has also changed at the top....
...Let us know what fintech predictions you have for the rest of the year at imani.moise@ft.com and sid.v@ft.com....
...Across the continent, fintech fundraising hit new records in the first quarter of the year — up 9 per cent from its previous peak, according to Dealroom data....
...The European Commission will decide what to do in mid-May, when it presents its spring forecast, Gentiloni said yesterday....
...Some estimates put the number of casualties much higher....
...Global equities are on track for their worst week since March, with Wall Street’s tech titans among the latest casualties in a sell-off attributed to caution over coronavirus and the US election....
...Stanley Druckenmiller, a former hedge fund manager, said that “the excitement of reopening is allowing a lot of these companies that have been casualties of Covid to come back and come back in force”....
...“Here comes another one,” said Laurie Garrett, author of the 1994 book The Coming Plague....
...“[This time]housing is a casualty of a public-health emergency turned economic crisis, not the cause of the crisis itself,” he says....
...Speaking at the FT’s Global Boardroom event, he said: “I am not convinced that we are going to have a V-shaped recovery. I think it will be more like a U.”...
...There is growing optimism that a “V-shaped” rebound — which had been widely dismissed only a month ago — could be on the horizon....
...The composite Stoxx 600 index closed 0.2 per cent higher, amid gains for major bourses across the continent....
...An updated New York City mansion tax, which took effect in mid-2019, added a sliding scale of charges on purchases of homes costing more than $1m....
...Fewer than 3 per cent of Americans had been tested by mid-May. Trump also boasted about his grasp of science....
...FADE OUT Meanwhile, the hunt for asset management casualties from the sharpest markets selloff in living memory remains an oddly low-key exercise....
...I expect the latter to mean that, despite us dealing with Covid-19 roughly as badly as the continent, we will do slightly worse than them....
...Exane likes Sampo and Lancashire as the most defensive of the property and casualty insurers....
...In English, that meant internet media businesses that would produce content for consumers across the continent....
...The company is expected to outline changes to software that controls a system designed to automatically prevent a mid-flight stall....
...(FT) Brussels v China The European Commission branded China a “systemic rival”, criticising unfair treatment of European companies and threatened tighter investment rules as the bloc pushes back on Beijing...
...Bob Diamond, the architect of that expansion, became chief executive in 2011 only to be ousted less than 18 months later — a casualty of the bank’s role in the Libor scandal....
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