It increasingly looks like the best of times for corporate borrowers but the worst of times for private equity firms. A Dickensian tale is playing out in bond markets, where investment-grade corporate bond issuance took off in February but high-yield issuances remain low and are regarded as practically toxic in 2016. “So far in 2016, global junk bond volume and activity is the lowest since 2009,” a report from finance industry data tracking firm Dealogic said. It’s part of a creeping trend that hasn’t gone unnoticed in the private equity business. Debt financing for private equity deals slowed in the…
Author: Deep
The Super Tuesday primaries solidified Donald Trump and Hillary Clinton as the likely party nominees for the general election, with both winning seven states. Market analysts are now starting to suggest clients invest around a possible Clinton or Trump presidency. “Super Tuesday front-runners Donald Trump and Hillary Clinton delivered strong enough results to begin focusing on a general election match-up,” FBR’s Benjamin Salisbury wrote in a note to clients Wednesday. The 2016 election is already impacting drug stocks with the iShares Nasdaq Biotech ETF down over 20 percent this year and the Health Care Select Sector SPDR Fund down around…
There has been a major identity change for the Toyota GT 86 in the US. Earlier sold as the Scion FR-S, the GT 86 has been reintroduced as the 2017 Toyota 86 at the ongoing New York Motor Show. Featuring design changes, as well as suspension and powertrain upgrades, the 2017 86 will go on sale in the US later this year. Design wise, this new model gets a larger center intake emphasising the low, wide stance of the car. The front-end also has re-configured LED headlamps and turn signals, and a revised bumper. The rear now sports LED tail…
Mazda has revealed the MX-5 RF (retractable fastback) on the eve of the New York Motor Show. This latest version of the iconic convertible sports car features fastback styling with a roofline that slopes down to the rear. The MX-5 RF’s rear roof and retractable back window deliver a distinctive new convertible look. The electrically powered roof can be operated at speeds of up to 10kmph. The roof itself stows away compactly and offers the same boot space as the soft-top model. Also, like the soft-top, the new version will be available in Europe with a choice of two revvy…
requent flyers know that one of the best ways to lower their travel costs and score pampering perks is to take advantage of airline loyalty programs. But, of course, not all mileage plans are created equal. Every year in our annual World’s Best Awards survey, we ask readers to rank airlines based on everything from their in-flight service to the quality of the food. ADVERTISING inRead invented by Teads This time, we took a close look at which airlines earned raves for their frequent-flyer programs. And while a few members of the top 10 list aren’t surprising (repeat winners such…
Malta has become increasingly popular over the years, with its crystal blue waters and numerous historic sites. But there’s another draw on the Mediterranean island that’s one of the most popular among tourists: the abandoned set of the 1980 filmPopeye. Starring Robin Williams, the flick featured the fictional village of Sweethaven, where Popeye arrived in search of his long-lost father. Built on the water’s edge of Anchor Bay, the original set took seven months and a crew of 165 to complete. The final product included 19 wooden buildings painted very bland colors so the actors could pop against them. Since wrapping almost 30…
02 Check all apps you have installed till date on your Android device As Android works on your Gmail account, you will be happy to know that you can actually check all the applications you have downloaded on your device till date. To see the entire list of the applications installed till date from your Google ID: Tap on the three lines on the Google search bar in Play store. There you will find the ‘My apps’ section under the ‘Apps and games’. Tap on it to see the list. Of course, you can also install ‘My purchases’ from the…
Taslima Khan and J Vignesh Let’s say after a game on his mobile phone a 12-year-old boy has been able to master a little more of Calculus, or an impatient girl in fourth standard plugs into a tablet to know more about the ‘bite marks’ on Pluto, they wouldn’t necessarily be representative of a distant future. Education-technology startups over the past decade have been transforming how youngsters learn, mainly via visual or interactive online modules that make learning instant and complex concepts more palatable. Several of these firms, though, are tethered to the formal model of education in India that…
nextSlideshows 01 You’ve probably seen those ’tilt & rotate’ videos on Facebook or different versions of virtual reality headsets. VR is becoming popular and once the initial excitement of 360 videos and photos wears off, you’ll realize that there can be many more applications. 02 Movies When you put on a VR headset, it blocks all the ambient light and distractions so that your experience is not ruined. This makes VR a great option for watching videos and movies — it can actually make you feel as if you are sitting in a movie theatre, complete with seats and a…
W DELHI: Microsoft Studios’ upcoming exclusive gaming title Quantum Break will reportedly run at 720p resolution on Xbox One. The third-person shooter game will be released on April 5 across Xbox One and Windows PC. Developed by the makers of popular games like Max Payne and Alan Wake—Remedy seems to have downgraded the resolution to 720p from 1080p for it to run smoothly on Xbox One, according toDigital Foundry, who claim to have played two chapters of the upcoming title. “Based on Remedy’s own Siggraph 2015 white paper, we understand screen-space lighting, ambient occlusion, and global illumination pipelines are all…