Hints and tips:
...Under the latest terms of the offer, Skydance would buy Redstone’s National Amusements for less than $2bn — not as much a previously discussed....
...Using national level S&L data back to 1955, we find that changes in revenues over the prior year account for 40% of the variance in S&L consumption and gross investment....
...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....
...More than half of BlackRock’s $10tn in assets under management are retirement savings, including institutional pension funds, corporate defined contribution plans known as 401(k)s and individual accounts...
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...It’s also a national holiday....
...As for Cézanne, his landscapes were already based on cubes and triangles as in the cottage on a tilting path in 1873’s “House of the Hanged Man”; “Modern Olympia” was an ungainly nude revealed in the violent...
...The software update on 2.2mn vehicles covers Tesla’s 3, S, X and Y models and its new Cybertruck, almost every car the company has ever sold in the US, and was ordered because warning lights on the instrument...
...In the Middle East, BP and Abu Dhabi National Oil Company suspended talks on a $2bn deal to buy a stake in an Israeli gasfield, one of the first major corporate deals to be thrown off course by the war in...
...He added that the issue would become a serious concern to markets “in the next six to 12 months as something that matter[s] a lot”....
...S&P Global considers CVR an important part of its calculation of the conglomerate’s indebtedness....
...The next worst performer, Valley National, is down 25 per cent. NYCB is alone. So are we all whistling past the graveyard?...
...This business is aiming to merge with L Catterton Asia Acquisition Corp, a special purpose acquisition vehicle, or Spac, listed on the Nasdaq exchange and founded by LVMH-backed investment group L Catterton...
...The average F1 team is worth just less than $1.9bn, compared to $5.1bn in North America’s National Football League, according to Forbes. The race is on....
...“They’ve been burning cash throughout the last year or so,” said Oliver Vande Stouwe, an analyst at S&P....
...But Tesla’s operations in the world’s biggest car market — which increasingly relies on data collection to offer advanced driving systems — face new questions over national security....
...The system’s monitoring and warning alerts “may not be sufficient to prevent driver misuse”, said the National Highway Traffic Safety Administration (NHTSA) which ordered a recall....
...Since 1964, Berkshire shares have returned 4.4mn per cent, far outstripping the 31,233 per cent gain by the benchmark S&P 500....
...“What used to take us three weeks can take us three hours and clients currently pay on the time taken, not the output,” says S4’s Sorrell....
...These included the top lot of the art auction, another Monet — “Peupliers au bord de l’Epte, temps couvert” (1891) — for $26.5mn ($30.8mn with fees, est $30mn-$40mn)....
...The MSCI China index is set to finish the year down more than 17 per cent, compared to a rise of more than 24 per cent for the S&P 500 in the US....
...After months of top-heaviness, the equal-weight S&P 500 has recently edged ahead of its market-weight cousin....
...Shares in DR Horton, Lennar and NVR, which Berkshire disclosed it owned this week, have risen about a third apiece this year, far outpacing the S&P 500 stock index....
...France’s credit rating was downgraded by Fitch in April, and it remains on a negative outlook with S&P Global Ratings for the next review set for December....
...Investors piling into a trio of luxury companies, LVMH, Kering, Hermès and cosmetics maker L’Oréal have fuelled the CAC 40’s high-octane run....
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