Hints and tips:
Related Special Reports
...The retail segment of Inchcape, which has partnerships with brands such as Audi, BMW, Volkswagen and Toyota, contributed to 18 per cent of its total revenue in 2023....
...Perrette said that the group was “way ahead of what we thought we’d do” in driving profits from its streaming platform. WBD will also start to crack down on password sharing among its existing users....
...Another factor driving the growth of ETFs is the active ETF boom, said Bryan Armour, director of passive strategies research for North America at Morningstar Research Services....
...When a courier received a receipt, all they saw was an anonymised route from A to B, alongside the number of miles and what they were paid....
...The IEA forecasts crude consumption to increase by 1.3mn barrels per day this year while Opec this week maintained its growth estimates of 2.25mn b/d for 2024....
...Citi, JPMorgan and Bank of America have all gotten in....
...companies including Precision Castparts, an aerospace group that counts Boeing as a customer, and Clayton Homes, America’s largest builder of modular housing....
...But given the transformative nature of the treatment for a disease with a poor prognosis, the high list price has not held back sales for the pharma group....
...Are the magnificent seven towering over world markets because they are in a valuation bubble? Possibly, but I’d guess not. One can argue about whether they’re overpriced....
...Leqembi slowed cognitive decline by 27 per cent compared with the placebo group in a phase 3 trial....
...In another example, Shenzhen-based Appotronics, which provides laser projectors for nearly half of China’s cinemas, will supply BMW with laser technology for some of the German group’s latest in-car displays...
...Legal hammer Oil supermajor ExxonMobil’s case against two climate activist groups has grabbed the attention of corporate America, the FT reports....
...Bank of America has liquidity coming out of its ears. And if a bank does need liquidity, the Fed’s Bank Term Funding Program, established as a safety valve in March, is still open....
...“Banks are nervous to underwrite single-B credit with M&A timelines which could be six months of holding the risk,” said Lauren Basmadjian, co-head of liquid credit at Carlyle....
...Still, Bank of America analysts last week upgraded their rating on Apple stock....
...US flexible offices group WeWork was recently downgraded to CC, one notch above a C rating. A C signals a default may be imminent....
...The largest holder of Paramount’s B shares is Warren Buffett’s Berkshire Hathaway, which in 2022 disclosed a stake of about 75mn shares at $28 per share — almost twice the share price today....
...In 2021, then-Volkswagen chief Herbert Diess told the Financial Times that the Chinese group was the company the German automaker feared most. Yet BYD’s recent rise has surprised many in the industry....
...“To say accounting for derivatives in America is a sewer is an insult to sewage.”...
...Better to take bids for quick passage than to force everyone to queue or to encourage bribery by shipowners, like diners greasing the palms of restaurant maître d’s for prompt seating....
...Bank of America has named Anthony Knox as country executive for South Africa, according to a memo....
...“We are the growth engine of the Mizuho Financial Group and as a result of that we’ve been given a lot of autonomy,” Katz said....
...Markets did not mind the $132bn in hold-to-maturity losses Bank of America reported yesterday (and rightly so)....
...For sports fans who’d like to add political smarts to their retelling of the Maguire anecdote, you can swot up on Ghana’s economic decline here....
...“We’d hope this area to have a more significant place in sustainable portfolios in the future,” they say. One bond fund they like is the Aegon Short Dated Climate Transition Fund....
International Edition