Hints and tips:
...De Beers said the recovery in the rough diamond market would be “gradual” after swinging to a $252mn loss before interest and tax in 2023 from a profit of $994mn a year earlier....
...Optimism now is quite high and some describe the current regime as ‘parabolic stock markets’ and ‘platinum-locks’ (an even more desirable version of goldilocks)....
...Grew played a central role in Man’s turnround and recovery following its acquisition of GLG Partners for $1.6bn in 2010....
...So far in 2023, it has sold more than £1mn worth of royal ceramics — more than double the same period last year, Elizabeth II’s platinum jubilee year. That’s a lot of quiet patriotism....
...Economists had expected more of a bounce back from the 0.6 per cent fall in GDP recorded in June, which reflected the loss of two working days linked to Queen Elizabeth II’s platinum jubilee celebrations...
...She’s wearing a black knit top, jeans and grey Nikes, her hair in a short platinum bob. Ten days into rehearsing, she cautiously allows that it’s going well....
...Rising inflation, fuelled by Russia’s invasion of Ukraine, makes a repeat of the previous export-led recovery, supported by domestic consumption, even less likely....
...The decline was sharper at the end of the quarter, with GDP falling 0.6 per cent in June, but this drop reflected two lost work days from the Queen’s platinum jubilee....
...Paul Baumann, receiver general at Westminster Abbey, said the Queen’s platinum jubilee in early June had “created a buzz” around the church, in which 39 coronations have taken place since 1066, providing...
...The Queen, who is turning 96 in April, recently became the first British monarch to mark a platinum jubilee, signifying 70 years of service as the head of state....
...Raw material prices were riding high earlier this year as production struggled to keep pace with a recovery in demand as the global economy recovered from the pandemic crash....
...“We were already expecting platinum group prices to trend upwards in the first half of 2021, with the easing semiconductor shortage coinciding with a recovery in auto production,” said Colin Hamilton, analyst...
...The reality is that Ukrainian conflict has upended the hopes for a post-pandemic recovery....
...The newsletter is taking a break next week for the Queen’s Platinum Jubilee celebrations. Normal service will resume on June 13....
...The Marseille-based container company made the swoop after benefiting from a sharp rise in prices for international shipping during the pandemic and the economic recovery from the first lockdowns....
...Could it even aid the country’s economic recovery?...
...Amex’s marketing expenses rose 63 per cent in the quarter ahead of the launch of its US consumer Platinum Card....
...The South African platinum metals miner’s ebitda rose 385 per cent to a record 63.3bn rand....
...banking committee today.Her comments come after a similar statement from Jay Powell, Fed chair, who warned at his confirmation hearing this week that inflation was a “severe threat” to the labour market recovery...
...The rise underscores the recent recovery in consumer spending, following several months when customers paying down debt and closing accounts exceeded new sign-ups....
...Steelmaking ingredient iron ore and Anglo’s platinum-group metals (PGM) unit were the main profit drivers....
...“Investors have been turning to broad commodity ETPs as a play on the recovery in the global economy, the clean energy transition, and as a hedge against inflation,” says Mobeen Tahir, an associate director...
...The price of Brent crude has dropped 8 per cent from its October highs, and those of copper, zinc and platinum have also fallen since then....
...A group of humpback whales are the only non-human vocalists with a multi-platinum album to their name....
...Have your say Non-native comments on Virgin Atlantic boss warns of long-term hit to business travel: I’ve had platinum and two gold cards from different carriers four years ago....
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