Hints and tips:
...I’m joined now by the FT’s Felicia Schwartz, who’s been covering the war. Hi, Felicia. Felicia SchwartzHello....
...This has created a patchwork network of protection alongside Ukraine’s own post-Soviet systems such as the S-300....
...While Blackstone was recently added to the S&P 500 index and KKR and Apollo hope to soon follow suit, Carlyle’s market capitalisation of less than $15bn is too small for it to qualify....
...The Nobel and Pulitzer Prize-winning author Pearl S Buck amassed a personal library that fills two rooms of her 19th-century Pennsylvania farmhouse....
...According to the S&P Index Versus Active Report, 80 per cent of equity managers of large capitalisation stocks underperform a benchmark like the S&P 500 over the five-year horizon....
...Those who were fully protected managed something just over 30 per cent, outperforming gains from the S&P 500....
...According to S&P Global, in the first nine months of 2023 global private equity investments had an aggregate value of $365.3bn, a decline of 44 per cent year over year....
...Ukrainian President Volodymyr Zelenskyy said the G7’s plan to begin discussions with Kyiv on long-term security arrangements are a meaningful victory, striking a more positive note a day after criticising...
...Gas demand from Europe’s industrial sector was down 24 per cent last year from 2019 levels, according to S&P Global Commodity Insights....
...Blackstone in September became the first private equity group to be included in the S&P 500 index and its rivals Apollo Global and KKR are hoping they are not far behind....
...Dealmaking remained subdued in the quarter despite a rebound in markets that has propelled the S&P 500 up by almost a fifth this year....
...S&P Global Commodity Insights estimates approximately 6-10 per cent of European industrial gas consumption is gone forever due to demand destruction....
...Additional reporting by Felicia Schwartz...
...Sound design by Breen Turner and Samantha Giovinco. Original music by Metaphor Music. The FT’s head of audio is Cheryl Brumley....
...Private equity lawyer Samantha McGonigle has joined Paul Hastings as a partner in London....
...The power struggle between Goldman Sachs’s David Solomon and Harvey Schwartz saw the one-time DJ win and his rival retire....
...Carlyle would also need to generate total shareholder returns higher than 60 per cent of companies in the S&P 500 index every year....
...Ahead of Title 42’s expiration, the Biden administration on Wednesday published a new rule to force asylum seekers to request protection in safe third countries they pass through....
...But Jeremy Schwartz, economist at Nomura, said the minutes showed “a lack of conviction” among Fed officials that they had conquered inflation....
...Earl of Mountararat — with newcomers Catherine Wyn-Rogers, a warm-voiced Queen of the Fairies, and G&S specialist John Savournin as the Lord Chancellor....
...“The inflation outlook is definitely improving,” said Jeremy Schwartz, senior US economist at Nomura....
...Samantha Fox began her career as a topless model in the UK’s biggest-selling national newspaper at 16 in 1983; Brand’s career did not end in 2013....
...The jobs report showed that while hiring is slowing, “the economy is far from falling off a cliff”, said Bob Schwartz, senior economist at Oxford Economics....
...“I am tired of the s*** show surrounding who is going to send tanks and when are they going to send them. Putin is trying to rewrite the map of Europe by force of arms....
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