Hints and tips:
...In 2017, Restaurant Brands bought Popeye’s Louisiana Kitchen for $1.8bn in cash to get into the chicken sandwich game. And in 2021, Restaurant Brands paid $1bn in cash for Firehouse Subs....
...In the second quarter of the year it shipped 1.6mn Pixel devices, according to data from analysts at Omdia. This was less than 1 per cent of the global total....
...However, on November 1, S&P Dow Jones Indices stripped Nigeria from the S&P Select Frontier index that the ETF tracks at a “zero-price”....
...Although the ETFs will use the 21Shares and Ark brands, those two firms will function as the funds’ subadviser and sub-subadviser, respectively....
...This year, her flagship Ark Innovation ETF is up 29 per cent, easily beating the S&P 500’s sub-8 per cent gain. Yet according to Morningstar, net outflows top $19mn....
...Head of weather Nicholas Klingaman, formerly at the UK’s National Centre for Atmospheric Science, specialises in “sub-seasonal” forecasts....
...This is now a $1.3tn asset class, with 810 different companies represented in JPMorgan’s main EM corporate bond index, up from 332 a decade ago....
...In its 2019 annual report, Trafigura had reduced the value of its own stake in Puma to $1.75bn, valuing the fuel supplier at almost $3.6bn. Dino could not be reached for comment....
...The 2008 financial crisis had left the balance sheets of western financial groups poisoned by sub-prime assets, forcing them to ring fence these toxic assets in “bad banks”....
...The Internet of (Five) Things 1. Tesla turning ChineseThis week’s #techAsia newsletter looks at how Tesla’s best-selling car, the Model 3, could soon be 100 per cent made with Chinese parts....
...Read more The Internet of (Five) Things 1. Intel’s $9bn memory dealIntel, which reports earnings on Thursday, is selling a non-core memory chip business to Korea’s SK Hynix for $9bn....
...Reaction to the move has been somewhat divided: The Internet of (Five) Things 1....
...They both join from N+1 Singer, where they worked in healthcare sector research and sales, respectively....
...Eaton Towers is closing in on its own London listing that would value the company at about £1.5bn, including debt....
...But three years later, it was sold in a £1.85bn deal. “Tricks of the trade,” Mr Healy says, sitting in his company’s European headquarters in London’s Millbank Tower....
...The S&P 500 ended the day flat while Facebook fell 1.9 per cent and Alphabet lost 1.6 per cent....
...Financial details of the transaction, which is expected to close on July 1, were not released....
...The dividend yield for the renamed sector will drop to just 1.4 per cent, according to UBS, compared with 5.5 per cent from the telecoms sector at present....
...Cardiff, for example, borrowed at just 3.1 per cent for 40 years in early 2016; last month, triple-A-rated Cambridge borrowed at an even lower rate....
...The economy grew 1.3 per cent last year as it exited its second recession in almost a decade....
...G+T advised on the legal and regulatory framework for the platform, which will replace ASX’s Clearing House Electronic Sub-register System (Chess) with distributed ledger tech built by Digital Asset Holdings...
...It weakened to ZAR14.1 in early action from its levels late on Friday of ZAR13.87, but recovered as the morning progressed, leaving the dollar at ZAR13.98....
...The S&P retailing sub index climbed 1.5 per cent to hit another record high of 1,878.78....
...FreshDirect, the Long Island-based food delivery company, was this week selling Gotham Greens’ local basil at $3.99 for 1.5 ounces; basil with provenance marked “USA” was sold at the same price for 2 ounces...
...Over 1,500 students are enrolled in the programme, over half of them from sub-Saharan Africa....
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