Hints and tips:
...S&P 500 Energy index....
...The Development Finance Corporation (DFC) could support resilient global supply chains while supporting economic development....
...At least a dozen petrochemical facilities are expected to come online in that time period, a third of which will be located in China, according to S&P Global Commodity Insights....
...It occurs to us that if he used the money to buy a boatload of VR headsets, it would triple the company’s quarterly metaverse revenue. Give it a think, Mark....
...The S&P 500 stock index closed 1.4 per cent lower on Wednesday....
...This issue is important because, for a long time, corporations have been the only consistent net buyer of US stocks....
...The S&P 500 energy index is up 61 per cent, compared to the tech index’s 26 per cent decline....
...Credit rating agencies have lost some of their power since the 2008-09 financial crisis when they failed to warn of the risk in many complex products they had given top triple A ratings....
...She served as the first woman on the boards of Sony, Bridgestone and Mitsubishi Corporation Marina Silva Environment minister by Michelle Bachelet The world is facing a triple crisis of climate change...
...China is home to more than half of the world’s lithium, cobalt and graphite refining capacity....
...France’s TotalEnergies on the same day said profits in the quarter surged to $9.8bn, almost triple the same time a year ago....
...In recent decades, the wealthy have derived an increasing portion of their income from partnerships, S corporations and other “pass-through” entities....
...But Engine No 1’s document claimed Exxon’s total emissions, including from the products its sells, will rise by 2025....
...If the shutdown lasts for a week or more, stored petroleum levels on the gulf coast will rise to fill available storage, said Richard Joswick, head of global oil analytics for S&P Global Platts, while in...
...Over the past three months, sales of bonds by triple C rated companies have run at a record pace, Melentyev said....
...Larger corporations have been best placed to withstand the economic shock, tapping easy liquidity, gaining market share and cutting costs, including through lay-offs....
...S&P Global, one of the big three rating agencies, considers triple C issuers to be “vulnerable”, and dependent on “favourable” conditions to keep paying their debts....
...The full impact of 2022’s tightening of monetary policy is still to be seen, and we expect another 50bp of rate hikes in early-2023....
...The company was also able to maintain high capacity in its refining business while oil prices were low....
...As many other corporations loaded up on debt in order to survive the crisis, ArcelorMittal has done the opposite....
...Refining is a cyclical business, says Rick Joswick, head of S&P Global’s refining analysis. “And this is going to be one of the bad years.” The surplus is extreme....
...In a call with investors, Thomas Watters, a managing director at S&P Global, listed Warren Buffett-backed Occidental, Oklahoma-based Devon Energy and oil producer Hess Corporation, among companies that could...
...Indian Oil Corporation, the country’s biggest refiner, thinks fuel demand will rebound by the end of the year, writes Stephanie Findlay....
...Kraft Heinz, with $32.5bn of total debt, was also downgraded this week, in the wake of Apollo Investment Corporation, Spirit AeroSystems — a supplier to the Boeing 737 Max — and energy companies EQT Corporation...
...Its decline, leaving a trail of bad debts, shook faith in rating agencies that had blessed it with a triple A score....
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