Hints and tips:
...Worldwide Holdings Q1, IBM Q1, Interpublic Q1, Lloyds Banking Group Q1 interim management statement, Meta Q1, PZ Cussons Q3 trading update, Raymond James Financial Q2, Reckitt Benckiser Q1 trading update...
...The tech giant’s commitment is the largest among more than 40 companies including Hilton, Marriott, ISS and Starbucks, which together said they would hire more than 13,000 refugees....
...Kaplan said the industry’s largest gain was on Blackstone’s buyout of hotel group Hilton Worldwide, which yielded more than $11bn in gains....
...At Hilton Worldwide, revenue rose by more than two-thirds. Wyndham Hotels & Resorts, the company behind La Quinta and Howard Johnson, reported a one-third increase in net income, despite lower revenue....
...Since 2017, Ackman has rebuilt Pershing Square by focusing on more passive investments in restaurant group Chipotle Mexican Grill, retailer Lowe’s and hotelier Hilton Worldwide....
...“We and our partner Pfizer have crossed the one billion mark for Covid-19 vaccine doses shipped worldwide,” Ugur Sahin, chief executive, said in a statement....
...Sahin said it was better to speed up production through existing partnerships than to force companies to share intellectual property rights, noting that BioNTech was working with about 30 companies worldwide...
...“Together with Pfizer, we are also working with various organisations to support the supply of vaccines to populations worldwide....
...Its recent top holdings include Hilton Worldwide, Ryanair and Carnival. Another interesting ETF to launch in the second quarter was Saturna Sustainable ESG Equity HANzero UCITS ETF (SESG)....
...A 42 per cent collapse in net income to $96m in 2020 also looks less grim when compared to the net losses reported by bigger chains such as Marriott International and Hilton Worldwide....
...“With more than 2bn doses delivered to date, our vaccine has saved millions of lives worldwide,” the spokesperson said....
...Vladimir Putin said he would be vaccinated with the Sputnik V jab on Tuesday....
...But the sheer audacity that newly-public court documents reveal about the actions of V Ashok, the chief financial officer of Sanjeev Gupta’s GFG Alliance, is something else. Here’s the backdrop....
...Kraft Heinz, Hilton Worldwide and Delta Air Lines also secured funding in the same way. The pain is more acute for companies in hospitality and aviation, but almost every industry is feeling it....
...Blackstone took the hotel chain Hilton Worldwide private in a 2007 transaction worth $26bn and subsequently had to write down its investment by about 70 per cent at the height of the financial crisis....
...In an interview with CNBC television on Thursday, Goldman’s chief executive David Solomon explained he had no intention of slashing the bank’s dividend....
...Xerox wants to give HP’s board its walking papers We’re all guilty of overusing the David v Goliath trope but in the case of Xerox and HP, it really does apply....
...On the other hand, Blackstone’s $26bn purchase of hotel chain Hilton Worldwide in 2007, after a rocky path, ended up being one of its most profitable deals....
...Among the first to tap credit lines in this crisis were companies such as Norwegian Cruise Line and Hilton Worldwide, which were acutely hit by fallout from the global health pandemic as customers cancelled...
...On Monday, Airbnb signed a worldwide deal to back the next five Olympics....
...Hotel and leisure stocks rallied on Wednesday as a quarterly update from Hilton Worldwide lifted investors’ hopes for the travel industry....
...The Waldorf Astoria in Shanghai, part of Hilton Worldwide, whose cleaner was apparently shown using the same sponge to clean a sink, cups and later a toilet, issued an apology....
...Additional reporting by Tim Bradshaw Apple v Qualcomm: two years of conflict January 2017 US Federal Trade Commission sues Qualcomm, alleging monopolistic behaviour and charging of excessive licence fees...
...Through its membership points system, Amex cards offer a range of rewards such as cashback, Avios points to spend on British Airways flights and exclusive deals with brands such as Hilton and Selfridges....
...Blackstone, the world’s largest buyout group, has agreed to sell its remaining 5.8 per cent stake in Hilton Worldwide, bringing to an end 11 years of ownership that proved one of the most profitable private...
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