Hints and tips:
...August 24 to 26; further information and tickets here Notting Hill Carnival Each year over the August bank holiday, revellers descend on Notting Hill for the much-loved Caribbean carnival dating back to...
...The San Francisco-based group has appointed Arnold Donald, former chief executive of cruise operator Carnival Corporation, Sachin Mehra, chief financial officer of Mastercard and Mason Morfit, chief executive...
...The Royal Horticultural Society’s Chelsea Flower Show, a carnival of flora that has in recent years become a magnet for movers and shakers, bursts into life on Monday....
...In the foreground, Mutu’s red soil, wood-entwined figure “Sentinel V” presides like a grotesque goddess — part Earth mother, part vengeful spirit....
...Carnival Corporation failed to move to protect cruise passengers last year despite warnings from a ship doctor about a “concerning” outbreak, according to court filings....
...“The bumper sticker would say, we’re past the V,” says Michael Gapen, chief US economist at Barclays, referring to the shape of the recovery since the shocking collapse last year....
...Cruise operator Carnival Corporation is, again, a prime example. One year ago, it pawned its ships to borrow $4bn from investors demanding an 11.5 per cent interest rate....
...On Monday Janet Yellen, US Treasury secretary, set out plans for a global minimum corporation tax on the eve of the spring meetings of the IMF and World Bank....
...Almost two-thirds of Russians are unwilling to receive the Sputnik V vaccine and about the same number believe Covid-19 was created as a biological weapon, a pollster said on Monday....
...Carnival Corporation, the vessel’s owner, soon became one of the earliest corporate casualties of the coronavirus crisis....
...Carnival Corporation raised a further $1.3bn secured against its fleet of ships on Wednesday, as the cruise operator seeks to steady itself while burning through more than half a billion dollars per month...
...Bonds issued by some of the companies hit hardest by coronavirus, including cruise operator Carnival Corporation, have rallied vigorously over the past year, rewarding investors who were prepared to gamble...
...Plus, the FT’s capital market’s correspondent Rob Smith explains how Carnival Corporation managed to persuade investors to put their money into the ailing cruise company....
...Carnival Corporation is increasing the size of a rescue bond sale backed by its cruise ships to $4bn after drawing strong demand, even as the world’s largest cruise operator warned it might only have enough...
...Carnival Corporation is looking to raise $6bn to stay afloat, paying a hefty premium to investors after coronavirus killed passengers on several of its cruise ships and severely hit future bookings....
...(FT) Recovery, brought to you by the letter V, or maybe W Mapping economic output to familiar shapes makes a good deal of sense....
...Carnival Corporation, the world’s largest cruise operator, received $17bn of orders from bond investors last week for $4bn of debt backed by its fleet of ships....
...with the Carnival Corporation share price....
...(FT) Saudi Arabia takes Carnival stake The kingdom’s Public Investment Fund has built an 8.2 per cent stake in struggling cruise operator Carnival, following high-profile bets on Tesla and Uber....
...Read up on the full event agenda here which includes speakers from top banks, law firms, corporations, and private equity groups. Use this link to register....
...Jennifer Epps-Addison, network president of the Center for Popular Democracy, a progressive advocacy group, argued that powerful corporations were “trying to weasel their way out” of their responsibilities...
...Carnival Cruises, for example, has announced a $3bn drawdown, and Hilton Hotels $1.75bn....
...Our resident capital markets expert Rob Smith’s memorable interview with short-seller Carson Block — watch it back here....
...Otherwise among the sellside, Carnival goes onto HSBC’s “buy” list: Carnival’s recent USD6.25bn debt and equity raise will allow it to maintain its cUSD1.2bn monthly cash burn till Nov-20....
...(BBC) Video of the day Are corporations paying enough tax?...
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