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...He previously described the 2022 change as essential to P&O’s survival....
...I’m Katie Martin. Thanks for listening. [MUSIC PLAYING]...
...If you have any exposure to the S&P 500, then the S&P 500, the biggest index on the planet, is dominated by these names. Claer Barrett Even global indices. Katie Martin Even the global indices....
...Katie Martin(Laughter) Niche. Tell me more....
...S&P 500 dividend yields went as high as 9.2 per cent in the first quarter of 1938, according to S&P Dow Jones Indices. Even IPOs paid them, as I read to my surprise in Peris’s book....
...When the S&P 500 finally let Tesla join the index a few years ago, its stock soared....
...Kieran O’Keeffe Executive Director, Europe Unlocked, Brussels, Belgium...
...Growth in the eurozone’s services sector offset weakness in manufacturing to lift S&P Global’s monthly gauge of corporate activity to its highest level for almost a year....
...The rest of the eurozone “saw the best performance . . . despite growth slowing slightly”, S&P said....
...S&P Global’s flash eurozone composite purchasing managers’ index, which measures business activity across the bloc, rose to an eight-month high of 48.9 this month, up from 47.9 in January....
...Moira O’Neill is a freelance money and investment writer. X: @MoiraONeill, Instagram @MoiraOnMoney, email: moira.o’neill@ft.com...
...Moira O’Neill The thing I always look at is something called the Pimfa indices. P-I-M-F-A. Claer Barrett Write this down, people....
...martin.sandbu@ft.com Letter in response to this column: EU competitiveness needs single market to live up to its name / From Kieran O’Keeffe, Executive Director, Europe Unlocked, Brussels, Belgium...
...katie.martin@ft.com...
...I’m reporter Ethan Wu here in the New York studio, joined from London by markets columnist Katie Martin, who loves complaining about passive investing. Isn’t that right?...
...Companies continued to add jobs for a third consecutive month, albeit at “only a very modest pace”, S&P said....
...That’s an uncomfortable question to ask, in a world where we regularly hear of unscrupulous employers bullying, failing to pay overtime, or throwing qualified staff overboard, as P&O Ferries did so disgracefully...
...The S&P is off 3 per cent. That’s not a sell-off, right? That’s caution....
...is preparing for a showdown with shareholders at its annual meeting later this month over a pay package for its chief executive David Schwimmer that is benchmarked against big US data groups such as S&P...
...Magnificent Seven was Katie Martin’s Year in [two] word[s] 2023, and has been mentioned in 211 FT articles over the past twelve months....
...katie.martin@ft.com Letter in response to this article: A bit of cheerleading for the equity market / From Sally Macdonald, Stevington, Bedfordshire, UK...
...S&P Global’s flash eurozone composite purchasing managers’ index, which measures businesses activity across the bloc, rose to a nine-month high of 49.9, up from 49.2 a month earlier....
...Diego Iscaro, economist at S&P Global Market Intelligence, said March’s fall in headline inflation “may raise expectations for a rate cut later this month”....
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