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...The amount raised by private equity funds globally last year fell to a six-year low, according to S&P Global....
...Apple chief financial officer Luca Maestri played down the decline in China sales, blaming it in part on a stronger dollar....
...The sector as a whole also breathed a sigh of relief, with the S&P Global Luxury index rising almost 3 per cent....
...Luca Paolini, chief strategist at Pictet Asset Management, had a 4 per cent target for the 10-year Treasury yield for the end of 2024....
...“You look at bitcoin and gold and you see a very similar kind of evolution,” said Luca Paolini, chief strategist at Pictet Asset Management....
...“The more the US continues to trade at a premium, the more the topic will be discussed within companies,” said Luca Fina, head of equity at Generali Insurance Asset Management....
...Finance chief Luca Maestri said Apple had seen “significant acceleration in iPhone revenue from December to March”....
...“For the first time ever the yield on cash, bonds and equities is the same,” said Luca Paolini, chief strategist at Pictet Asset Management....
...“The market is not looking great at the moment,” Lucas said. “We will continue to review that.”...
...also provided funds for Lydia Ourahmane’s oil barrels, recently unveiled in the Tate Britain rehang, and in Basel he is supporting the Kunsthalle’s exhibition of the British film and performance artist P...
...At 53 times forecast earnings, according to S&P Capital IQ, it is trading at double the multiple of industry juggernaut LVMH....
...standalone terracotta fruit — and a cucumber — by Giovanni della Robbia (1469-1529), the son of Andrea della Robbia (1435-1525, also in the show) and great-nephew of Donatello’s contemporary, the famed sculptor Luca...
...“We had this situation for years where equities and bonds were both expensive because they were the same game, driven by low inflation and low interest rates,” said Luca Paolini, chief strategist at Pictet...
...The S&P 500 fell 0.6 per cent, erasing earlier gains, while the technology-heavy Nasdaq Composite fell 1.6 per cent....
...Chief financial officer Luca Maestri said the dollar was “a very significant factor”, noting that it had already raised prices in some international markets to maintain its margins....
...“Markets are falling not just because of higher interest rates,” said Luca Paolini, chief strategist at Pictet Asset Management....
...The S&P 500 equity gauge ended the day up 2.8 per cent, the biggest daily increase since late June....
...From UBS Wealth chief investor Mark Haefele’s note on Friday (my highlights): Today, after a 26 per cent derating over the past 12 months, the S&P 500 trades at a trailing price-to-earnings (P/E) ratio...
...The All-World, S&P and Nasdaq Composite have all closed lower for six consecutive weeks....
...“Europe is probably already in recession,” said Luca Paolini, chief strategist at Pictet Asset Management....
...In equities, Wall Street’s S&P 500 share index climbed for a third consecutive session, rising 0.7 per cent while the tech-dominated Nasdaq Composite climbed 1.3 per cent....
...By contrast, the S&P 500 clawed back its pandemic losses by August last year and has struck a series of records ever since....
...Freda, another P&G veteran, replaced William Lauder, grandson of Estée Lauder, as chief executive in 2009....
...“Some kind of contagion from tech to the rest was inevitable at some point,” said Luca Paolini, chief strategist at Pictet Asset Management....
...V, E, S, P, A: five letters with the power to summon a tourist-brochure-perfect Italy....
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