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...But Schnabel said there were signs of “a turnaround” in economic activity in the latest survey of purchasing managers by S&P Global and in Citigroup’s Economic Surprise index....
...“Potential unlawful co-ordination appears throughout Climate Action 100+’s documents,” the attorneys-general said last year....
...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 warned in November of a “poverty trap” in low-income countries hit by climate change....
...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....
...Companies continued to add jobs for a third consecutive month, albeit at “only a very modest pace”, S&P said....
...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”....
...S&P Global’s flash eurozone composite purchasing managers’ index rose to an eight-month high of 48.9, up from 47.9 a month earlier. Economists polled by Reuters had forecast a smaller rise to 48.5....
...It costs less than $3 per kilogramme for “grey” hydrogen production from fossil fuels, S&P said in a report this year....
...S&P Global’s flash eurozone composite purchasing managers’ index, a measure of business activity across the bloc, rose slightly to 47.9, up from 47.6 a month earlier, after an improvement in manufacturing...
...Eurozone businesses were still struggling with weak demand at the start of this year, according to a survey of purchasing managers released by S&P Global last week, which found activity continued to decline...
...France has not managed to achieve a surplus in its primary budget that excludes interest costs since 2008 and rating agency S&P Global this week forecast that on this measure its deficit would remain one...
...Businesses reported the steepest rise in selling prices since last May, mainly because of higher labour costs as wages rise, S&P said....
...could see a worsening debt situation, especially if pre-election spending on public sector wages, social grants, lower tariffs are accelerated,” warns Thea Fourie, head of Sub-Saharan Africa research at S&...
.... — Patrick Temple-West What does a responsible approach to artificial intelligence look like in business and finance?...
...Speaking at the CERAWeek energy conference in Houston yesterday, Saudi Aramco chief executive Amin Nasser said the energy transition was “visibly failing on most fronts”, according to S&P....
...Meta, Facebook’s parent company, spent the most of any S&P 500 company for a chief executive’s personal air travel that year, reporting $2.3mn on private flights for Mark Zuckerberg....
...The S&P Global PMI index was revised up last week but that left it unchanged at 47.6, remaining well below the 50-mark that separates contraction from expansion....
...Three-quarters of S&P 500 companies have disclosed that ESG metrics contributed to executives’ pay in 2023, up from two-thirds of companies in 2021....
...patrick.jenkins@ft.com Letter in response to this article: Meloni government swims against the tide of history / From Jon Johannessen, Venice, CA, US...
...S&P said its survey of purchasing managers signalled the fastest decline in business activity since the pandemic hit in 2020....
...One is energy giant TotalEnergies, where Patrick Pouyanné’s dual role is being challenged by investors wanting a faster shift away from fossil fuels....
...Services companies reported the fastest increase in their selling prices since July despite a cooling of input cost inflation, S&P said....
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