Hints and tips:
...Fitch Ratings upgraded Italy by a notch to a BBB last week, while S&P improved its outlook for the country from stable to positive in October based on the government’s reform agenda....
...But the organisation is also suing PD Ports over its access rights, a move PD said was designed to “extract a ransom discount” in the sale process. The STDC has denied this....
...to oversee its move towards more moderate positions and strengthen ties with the centre left, in an attempt to form a credible alternative to the Italian right, which is leading the polls ahead of 2023’s...
...Mercedes kick-starts Tesla offensive Mercedes has unveiled a battery-powered version of the brand’s flagship S-Class saloon, designed to lure customers away from the likes of Tesla....
...All views expressed are those of the author(s) and should not be taken as reflecting the views of the Financial Times....
...Matteo Renzi, the PD leader and former prime minister, spoke of being a scrapper, but he only substituted one political class with another — and his was worse.”...
...It may also move the market’s perception of the credit risk posed by a company named in one of the presidential posts, according to a report from S&P Global Market Intelligence....
...Perhaps the most telling statistic quoted is that the Goldman Buyback Desk recently had its two highest volume weeks on record, as the S&P 500 suffered its first correction in nearly two years....
...GSK shares are up 10 per cent in the past six months, compared with a 12 per cent drop in the S&P pharmaceuticals index....
...More than any other British writer, PD James elevated the detective story into the realms of literature, with the psychology of the characters treated in the most complex and authoritative fashion....
...A former governor of the BBC, she guest-edited Radio 4’s Today programme in December 2009 aged 89 and famously took the then director-general Mark Thompson to task over the number of directors earning more...
...“probability to default” (PD)....
...Most investors appear to share his optimism: the S&P pharmaceuticals index is up 29 per cent in the past year. So why are some people unconvinced?...
...The S&P 500 fell 1.8 per cent while the 10-year Treasury yield dropped to 1.86 per cent, its lowest yield in a month....
...Lazio‟s regional elections on 3-4 February will be the next indicator....
...Of this support, the most important is the recent EUR19bn state rescue package requested by the Board of Directors of Banco Financiero y de Ahorros, S.A., the parent of Bankia, S.A....
...more than the same sum received in the future)–we would expect a recovery level of 30%-50% after a default But don’t blame just the stress-test administrators for the lack of reality here (though the S&...
...City: A Guidebook for the Urban Age, by PD Smith, Bloomsbury, RRP£25 The city is a big subject but this is readable, concise and extremely entertaining....
...This sounds like PD James territory. But S&P emphasises that these are not predictions....
...TB Yes, nat cat, we wrote a lot more over the last few years which you would expect, because rate accuracy was pretty good following ‘05 and in fact it had a little shot in the arm in terms of [2008’s Hurricane...
...s Industry Funds Management and Canada Pension Plan Investment Board. 3i and IFM co-operated last year in a consortium that bid for PD Ports but lost out to Babcock & Brown Infrastructure....
...Two Australian fund managers fought a bidding battle in the autumn for PD Ports, operator of the ports of Teesport and Hartlepool, while Singapore?s PSA and Dubai?...
...There has been fierce competition for previous port assets to come into play, including P&O, the container ports and ferries operator, and PD Ports....
...See Lombard on M&S “In the cold grey light of dawn, how could Paulsmeier pay as much as 410p cash and then give M&S staff as much as 45 per cent of the equity?...
...It also felt that competitor T-Mobile’s domestic difficulties should provide a further boost to mm02’s business in Germany....
International Edition