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Investors seeking shelter from inflation plough money into airports, toll roads and pipelines
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The Atlanta-based carrier has been the top performing airline stock over the past year
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...Macklem said rising oil prices and stubbornly high shelter costs — partially a product of higher borrowing costs — presented upside risks to inflation....
...Think of that when you next spot an Apple product. gillian.tett@ft.com...
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...Hiroshi Lockheimer, head of Android, will be moved to work on other products and is replaced by Sameer Samat, vice-president of product management for Android and Google Play....
...But banking’s core product, capital, is a commodity. And unlike some commodities, it is hard for a company to become the undisputed low-cost producer of capital....
...On that basis, its $18.25bn acquisition of speciality building products supplier SRS Distribution, including debt, offers good news and bad....
...“Supercore” inflation (core services ex-shelter) was up a blistering 0.9 per cent....
...Apple has no product in foldables (1% of market, used to be 20%), and there appears to be no obvious AI strategy. 7. Where’s its Galaxy S24 Ultra?...
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...Despite Flutter touting its superior technology, competitors are quick to copy once a new product proves successful, points out Peel Hunt’s Ivor Jones....
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...Smart reads Bankruptcy in Texas Houston has been a favoured city for cash-strapped companies and corporations with large legal liabilities to find shelter from creditors....
...Lego is fundamentally a product that is petroleum-based. I mean, ABS plastic has a core element of petroleum. Their entire product is based on oil....
...Pepsi said the deceleration was largely due to a recall in Quaker granola products over salmonella concerns and weak sales in North America....
...Drew Baglino, senior vice-president leading Tesla’s engineering and technology development for batteries, motors and energy products, announced on X today that he would leave after 18 years at the auto group...
...Ignites Europe reported last October that JPMorgan was planning an active ETF expansion in Europe, after becoming the region’s biggest provider of this product type....
...This led to 381 customer accounts’ receiving unsuitable recommendations to hold these products beyond their intended use, the order stated....
...Mutual funds have enabled millions to invest in the stock market since they were introduced 100 years ago, but newer, nimbler products are reshaping asset management....
...However, it sells 12mn products and does not have market-dominating shares in very many of those products....
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