Hints and tips:
...The news comes weeks after Allen & Overy’s partners voted through the Shearman & Sterling merger....
...“Many corporations are looking at investment cases [elsewhere] and putting their money in other markets.”...
...In addition to term loans of more than $1.3bn there are sterling- and euro-denominated private placement notes with rates of between 4.04 per cent to 4.98 per cent....
...“Here, the focus has mainly been on FMCG [fast moving consumer goods] products,” says Victoria Waugh, co-founder of V&V Sustainability Consultancy....
...Ever since the Hongkong and Shanghai Banking Corporation was founded in 1865, its managers have turned adversity into profit....
...What is behind the cost of business crisis hitting UK plc? Economics Editor Chris Giles alongside our head of editorial statistics and data visualisation guru Alan Smith explain....
...Although BHP will drop out of the FTSE 100, investors will still be able to trade its shares in London and receive dividends in sterling through a secondary listing....
...And on the corporation tax point, ever since Truss has said that she didn’t want to put up corporation tax from 19p to 25p, which she said she was going to do, a lot of businesses have said we’re all for...
...Sir John Parker, who is chair of Laing O’Rourke and a director of Carnival Corporation, agreed....
...“We don’t expect the drop in activity to be as pronounced, but corporations have cash and, even if yields rise, the cost of funding remains much lower than five or 10 years ago....
...I work for the Aerospace Corporation. We are a federally-funded research and development centre. And I focus on game-changing technologies in the space sector....
...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...
...Investors who bought new bonds last week from Carnival Corporation, backed by a claim on its fleet of ships, may soon find that some of that collateral has floated away....
...Carnival Corporation, P&O’s parent company and the world’s largest cruise operator, said last week that although it had drastically cut costs, it had spent $770m per month in the three months to August,...
...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....
...Just 6 per cent of its investments are sterling-based. More than two-thirds report in euros....
...with the Carnival Corporation share price....
...This week, Carnival Corporation pulled off an audacious refinancing, raising $6bn from investors. The cruise line’s chutzpah is impressive....
...For Carnival Corporation, we remain a Sell with a price target of $10 (from $14.50), while we take Carnival plc back to Sell with a price target of £8 (from £11.80).• Risk of further suspensions appears...
...More than 700 passengers aboard the Carnival Corporation’s Diamond Princess tested positive for the disease in February and March, with 12 dying....
...Brent’s at $28 a barrel, down 4 per cent, and sterling’s off about 1 per cent at $1.25....
...Here’s the latest Deutsche Bank FX stress indicator, which is flashing a “pockets of systemic risk” warning as sterling slides below $1.19....
...Banks appear to have passed the first test: a short but pronounced period of market mayhem and a co-ordinated drawdown of hundreds of billions of dollars of credit by corporations feeling the strain....
...An early paper published by the Rand Corporation is The Prediction of Social and Technological Events (1949)....
...The other ones are private or part of larger corporations . . . De La Rue doesn’t have that luxury.”...
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