Hints and tips:
Related Special Reports
..., according to people with knowledge of the plan....
...As its airspace shut down, Ukraine’s exports by road to the EU rose almost a third last year, according to research by Kyiv-based investment bank Dragon Capital....
...The blue-chip S&P 500 closed up 0.9 per cent, at a new record, continuing a rally that has pushed the index 27 per cent higher since October. The Nasdaq Composite gained 1.3 per cent....
...M&S’s contract with HSBC, which owns M&S Bank, is up for renewal. M&S is likely to push for more control and a bigger cut of the spoils....
...The announcement comes as Unite union revealed plans for two sets of strikes in May, including contracted refuelling staff over the early May bank holiday....
...The bank wants the figure to fall to the “high 50s in percentage terms” by the end of the three-year plan, with total group operating expenses of £17bn, roughly level with the £16.9bn reported for 2023....
...Barclays also talks about plans to shed less profitable clients as another source of higher returns. That sounds like more tinkering at the margins....
...Strong gains for the largest companies have more than offset the concerns of investors about how quickly the Federal Reserve plans to reduce US interest rates this year....
...Chart du jour: Bank reform A western plan to reform the World Bank and IMF is partly aimed at countering China’s growing sway among developing nations. Will it work?...
...The S&P 500 was up 0.3 per cent and the Nasdaq Composite gained 0.6 per cent shortly after the central bank’s announcement, having been lower ahead of it....
...“Therefore, the PMI price news is not enough to change the ECB’s apparent plan to cut rates in June rather than April.”...
...Even so, some economists believe recent US data — notably on inflation — will force the central bank to be more cautious....
...The US Department of Energy on Wednesday said it was cancelling its latest plans to purchase oil to refill the nation’s emergency crude stockpile amid the rise in prices....
...But observers of the US economy will find much to think about in some smaller companies this week: the trucker JB Hunt, the grocer Albertsons, Snap-on tools, assorted regional banks....
...Barclays’ plan to buy back nearly half a Barclays looks part mechanical and part fantastical....
...Warsaw’s relationship with Kyiv has soured because of disputes over Ukrainian grain imports and competition from Ukrainian truckers....
...Malaysia paid more than S$100mn (US$74mn) in compensation to Singapore for the termination....
...A new statutory body “can help government of any complexion, together with industry, plan and execute for long-term growth”, he wrote....
...Sunak said in a recent article in the Times that he “understand[s] people’s anger when that dream [of home ownership] feels too far away for too many, especially the younger generation”....
...S&P said it had revised its view of Ørsted’s management and governance to “fair from strong” saying there were “signs that management might have been too aggressive in its expansion plans, and in reacting...
...The European Central Bank made its first loss since 2004 thanks to the impact of higher interest costs....
...It’s also important to say that there’s counterparty risk as the options bundled up inside the products involve big investment banks....
...This is visible, for example, in the sharp move up in bank stocks, especially higher-risk regional banks such as Fifth Third, Citizens, KeyCorp, Zions and Comerica (all up 40 per cent or more since late...
...Dividends per share had risen just 10 cents since 2011, according to data from S&P Capital IQ....
...That’s why more progress needs to be made in various multilateral forums dealing with these issues, including through the G20’s Common Framework for Debt Treatments beyond the Debt Service Suspension Initiative...
International Edition