Hints and tips:
...How else to explain asset prices that currently assume a V-shaped recovery, even as we seem to be witnessing a second wave of infections in several US states?...
...In parallel with the financial restructuring of PG&E, California has also created a $20bn insurance fund for state utilities to fund future claims from wildfires. PG&E will initially contribute $5bn....
...However, the increasing and on-going spread of COVID-19 in the US has increased investor debate about the sustainability of the V with US states now needing to slow or reverse some of their reopening plans...
...We should also note this guy, who’s doing his thing: A reminder that Donald Trump, who despite everything remains The Actual President of the United States, tweeted on April 2 that a deal to end the oil...
...The purpose of a company, it says, “is to engage all its stakeholders in shared and sustained value creation”. Multinationals, it adds, must do nothing less than “improve the state of the world”....
...With approximately $13.8bn in ESG investments, GPIF is a global leader in responsible investment....
...In 2016, the cost to the government of its subsidised lending was approximately R$47.8bn, according to the World Bank....
...It also extends beyond pensions, because various forms of insurance, also proxies for middle class growth, generate huge demand for financial assets, as they have in the United States....
...Ocado has been increasing the grocery picking capacity at its state-of-the-art customer fulfilment centre in Andover, and has increased the number of orders processed there by 50 per cent in 14 weeks....
...Fund manager Ashmore, heavily hit before by client redemptions of emerging market investments, increased assets under management 4 per cent in the third quarter to $51.3bn....
...At their peak in 2013, private prisons housed approximately 15 per cent of the US’s federal prison population, or nearly 30,000 out of 22,000....
...The company operates in Egypt, Saudi Arabia, Jordan, Israel and the United Arab Emirates, and Cairo is one of its fastest-growing cities....
...Texas has created a third of all private sector jobs in the US since 2000 and four state colleges now have a better record of placing MBAs in tech jobs than Stanford and Harvard....
...Net exporters of commodities, according to the United Nations Conference on Trade and Development, include Russia, most countries in South and Central America and South Africa....
...It is not immediately obvious that there will be closer economic ties with the United States, although Trump may well aim for that....
...(Aeon) In drug abuse, women at greater risk As opiate abuse swells in the United States, women are particularly at risk....
...In early February, I headed to Park City with approximately 1,000 first and second-year students for a long weekend of skiing....
...In his official role, Mr Force convinced Mr Ulbricht to transfer approximately $90,000 worth of bitcoins in exchange for fictional tips about the government’s investigation....
...The hard work of fixing our economy is paying off. In 2014, we were the fastest growing major advanced economy in the world. In 2015, we were ahead of everyone but America....
...to get $1 billion more for NY state fund (Reuters) Down and out in California (WSJ) OVERNIGHT MARKETS Asian markets Nikkei 225 up +38.95 (+0.25%) at 15,685 Topix up +0.69 (+0.05%) at 1,293 Hang Seng down...
...The lawsuit, filed in the Supreme Court of the State of New York, alleges Deutsche Bank, the trustee of $3.6bn of defaulted notes issued by OGX Oleo e Gas Participações, favoured majority bondholders in...
...“The state of Iraq is in imminent collapse,” said Faisal Istrabadi, Iraq’s former deputy ambassador to the UN....
...per cent within three years, in a move set to prompt a spate of divestments in state-backed entities that could raise more than $9bn....
...(WSJ) Tata Steel has tapped the US dollar bond market for $1.5bn, marking the first step in plans to refinance approximately $5.5bn of debt and loans related to its $13.1bn purchase of Anglo-Dutch steelmaker...
...US secretary of state John Kerry and Ban Ki-Moon, secretary-general of the UN, said in a statement that an “unconditional humanitarian ceasefire” had been agreed by all parties and would begin at 8am local...
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