Hints and tips:
...“Previously, older borrowers may have used [mortgages] for home improvement, travel or to help a younger family member get on the property ladder,” said David Hollingworth, associate director at L&C, a mortgage...
...This, however, is not a niche problem: L’Oréal reports that one in 10 people in the US has limited motor ability, be it from cerebral palsy, stroke, Parkinson’s or arthritis....
...Company Q2, Foxtons H1, Frasers Group FY, Geox H1, Hammerson H1, Inchcape H1, Informa H1, Intel Q2, ITV H1, Jupiter Fund Management H1, Kering H1, L’Oreal H1, McDonald’s Q2, Mercedes-Benz Q2, Mobico Group...
...Blending the best of its Mediterranean neighbours with its own distinct Aran culture, Val d’Aran (the “valley of valleys”) is home to Spain’s top ski resort, Baqueira Beret, with 167km of pistes plus startlingly...
...However, “If people do lock in a rate, it doesn’t mean they have to take it when the time comes,” says David Hollingworth, associate director at L&C Mortgages....
...David Tepper has snapped up bonds of SVB Financial Group, the parent company of Silicon Valley Bank, in a bet that the value of the debt will rise as parts of the group are auctioned off....
...The five-day collaboration with art-tech company Acute Art will see students immersed in the burgeoning field at locations across the capital, including the Serpentine Gallery for a talk by curator and director...
...You’ll make forays into different valleys to spend time with the Kalash people of Chitral....
...As such, we see the CET1 ratio dropping below the interim target in 2024 (as a result of losses), but still above regulatory minima at c.12%....
...It is expected to surface as an issue again with a clutch of results announcements from Silicon Valley tech companies, which have some of the highest percentages of revenue from overseas....
...Several them own NFTs or NFT-adjacent companies — maybe that’s bad? Anyway, here are names and links — we’ll let you make your own mind up: Liquid 2 Venture Fund III L.P . . . ....
...The day before I met Tim Holme at his headquarters in San Jose last December, he had just become Silicon Valley’s latest start-up billionaire....
...Then Italy’s Etro family sold a majority stake in their fashion house for €500m to the LVMH-backed private equity firm L Catterton....
...After listing via a special purpose acquisition company, its shares rose more than 1,000 per cent last year, at one stage valuing the company at nearly $50bn — more than General Motors....
...In Zambia’s South Luangwa and in Zimbabwe, C+L has partnered with Tusk Trust to give clients active placements in handpicked conservation projects – working (really working) alongside leading conservationists...
...Talks between the Silicon Valley company and Kia, the affiliate of South Korea’s Hyundai Motor, ended recently....
...Citigroup upgrades Rio Tinto, the mining company and enemy of God, on the back of stronger-for-longer iron ore....
...L’Oréal has appointed company veteran Nicolas Hieronimus as its next chief executive....
...However, at c.18x recovered earnings, we’d prefer to look elsewhere or wait for a cheaper entry point....
...Here’s UBS: [T]he company expects “further good progress in the year”, signalling earnings growth (consensus EBITA at c£680m, up 8% y-o-y)....
...France L&S and Italy will not pay dividends this year, and XL Bermuda is unlikely to. The slack is only partly taken up by France P&C which is over distributing....
...According to Bloomberg, consensus is currently forecasting PBT of c£185m (giving EPS of c6.9p) in FY 2020/21 and c.£340m (12.7p) in FY 2021/22....
...Tongcheng Life, an online Chinese platform that facilitates group buying of fresh produce, has raised $200m in Series C funding....
...Based on company commentary so far, we still believe potential COVID-19 claims (including BI) are a manageable P&L event for the sector, although the devil will be in the detail when it comes to BI policy...
...At some point in a meltdown, it’s about what’s priced in We upgrade Anglo American and Rio Tinto to Outperform (from Neutral) as risk-rewards have become compelling enough....
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