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...Global demand for plastics, which makes up 50 per cent of petrochemical demand, is expected to nearly double by mid-century, according to S&P Global Commodity Insights....
..., UK, US: S&P Global/HCOB services purchasing managers’ index (PMI) figures Indonesia: Q4 GDP figures Mexico: Constitution Day holiday....
...As Bolgona puts it: From a high level, relative to electing to account for loans at amortised cost, electing the fair value option provides a P&L tailwind during periods of loan growth due to recognising...
...The S&P Global Clean Energy Index, made up of 100 of the biggest such companies, is set for its worst annual performance since 2013....
...Remember that at the time a lot of people thought this would become a redux of the S&L crisis and that a recession was unavoidable as banks retrenched....
...Louis Wise is assistant editor at HTSI All images courtesy Corita Art Center Ordinary Things Will Be Signs for Us by Corita is co-published by J&L Books and Magic Hour Press Follow @FTMag to find out...
...Hence we think share price underperformance of wholesale banks such as DBK (4.7x P/E 2024E), BARC (3.9x P/E 2024E), BNP (6.9x P/E 2024E) as well as by some Money Center Banks is overdone....
...Japanese companies go shopping in the US Even as M&A wavers across the globe, corporate Japan is increasingly hunting for deals in the US....
...The 38 per cent fall was double the 19 per cent decline in the S&P 500 index....
...its S&P 500 ESG index)....
...Top US health official Rochelle Walensky said the Centers for Disease Control had made “dramatic mistakes” in tackling Covid as she announced a shake-up to improve the CDC’s response to emergencies....
...Nestlé and P&G have both pulled off turnrounds; Danone and Unilever are slap bang in the middle of their own....
...Today, it employs more than 1,000 staff and serves a roster of multinational companies in the Philippines that includes Unilever, P&G, L’Oréal and Nestlé....
...The Centers for Disease Control and Prevention said the variant accounted for an estimated 73 per cent of Covid-19 cases last week....
...Meanwhile, L Catterton, the private equity firm backed by LVMH, has acquired a 60 per cent stake in Italian fashion group Etro....
...No garment on the website needs upcycling quite as badly as its distressed-look P&L....
...Beauty group Garnier, owned by L’Oréal, promised last year to plant a tree each time a bottle of certain skin and haircare products was sold at Asda, the British retailer....
...The S&P 500 index had its worst session in a month, giving up morning gains to close the trading day down 0.9 per cent....
...The FT journalist currently in pole position, however, appears to have an even more uncanny gift of foresight, having described his picks as the “pro-internet shopping, anti-shopping centre” portfolio....
...America’s biggest shopping centre owner Simon Property Group is trying to walk away from a $3.6bn deal to buy its smaller rival Taubman Centers, the latest transaction to be thrown off course by the coronavirus...
...DD’s Sujeet Indap was quick to spot that Sycamore had given the exact opposite reason for deserting a deal with L Brands....
...of competitor Taubman Centers....
...“Will shoppers that were forced to migrate to online shopping come back to the shopping mall, retail park, high street?” asks Tait....
...But the 82-year-old is also the longest-serving chief executive of an S&P 500 company, having run Victoria’s Secret’s parent company L Brands since 1963. This can lead to some strange views....
...J Crew, another staple of the American shopping mall, filed for bankruptcy protection on Monday. When the pandemic is over, the American mall won’t look the same. How did we get here?...
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