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...Since the C919’s inaugural commercial flight in May last year, only five aircraft have come into service domestically, all of them delivered to majority state-owned China Eastern Airlines....
...“The bill is coming due on a record amount of commercial real estate debt”, The Wall Street Journal blared this week. Fair enough....
...The benchmark S&P 500 fell 0.2 per cent on Thursday afternoon, notching five straight daily losses for the first time since October....
...The S&P 500 declined on Thursday, headed for its fifth straight loss since October....
...But for F1, the Red Bull drama is a major, unwanted distraction. The head of F1’s governing body told the FT last week it was “damaging the sport”....
...Meanwhile, the dollar was up 0.6 per cent against a basket of six peers and on track for a four-session winning streak....
...The energy sector was up 1.2 per cent during lunchtime trading, making it the best-performing sector in the S&P 500 on Monday....
...Rio Tinto has appointed Bold Baatar, a charismatic Mongolian national touted as the Anglo-Australian company’s likely next leader, as chief commercial officer....
...Civil engineering was the best performing segment, while housebuilding and commercial activity were broadly unchanged from February, S&P Global said....
...But that is much lower than the double digit return on capital that Kering made in 2023, according to S&P Capital IQ....
...On a long-term view, some of the FTSE 100’s less glamorous members, companies such as Compass, Intertek, Relx, Experian and Diploma as well as Bunzl and Howdens, have performed far better than the household...
...Housebuilders registered a marginal improvement from 49.8 in February to 49.9, a 16-month high, while the commercial construction sub-index rose from 49.0 to 49.9....
...The S&P 500 notched its first gain of the week, recovering from a back-to-back decline, as traders took in new data that indicated a softening US economy....
...Note that for the regression, we include only tickers with index-eligible debt (rated by S&P, Moody’s, or Fitch).1 Although it could be argued that aggregate size is also a factor in the issuers’ current...
...US blue-chips ended their best quarter in five years, with the S&P 500 squeezing out a 0.1 per cent gain even as big tech names including Apple, Tesla and Meta dragged the Nasdaq Composite to a similar-sized...
...The appeal for its Phase 1’s finance began in 2019 and raised the necessary $57mn from about 3,500 donors....
...More than 90 per cent of S&P 500 stocks closed higher on Wednesday, as a broad rally in late trading lifted the benchmark index to its first record high in almost a week....
...“Yes, I do have a concern about commercial real estate,” she said in Congress this week....
...A commercial space flight has successfully landed on the Moon for the first time, opening a new era of private lunar exploration....
...The Moon is officially open for business after the first commercial spacecraft successfully landed on the lunar surface....
...“There is a glimmer of hope as the eurozone inches towards recovery,” said Norman Liebke, an economist at Hamburg Commercial Bank, which sponsors the survey, while warning that Germany was “acting as a brake...
...S&P Global’s Construction PMI index rose to 49.7 in February, well ahead of the 49 expected by analysts and just below the 50 level that separates expansion from contraction....
...The dollar surged 1 per cent against a basket of six peers, reaching its highest level since November as US price growth proved sticky in March....
...The S&P Global/Cips UK construction purchasing managers’ index, a measure of the health of the industry, rose to 49.7 in February from 48.8 in January....
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