NYSE:SPGI

MANUFACTURING ACTIVITY WORLDWIDE JUMPED IN MAY, SPURRED BY STRONGER DEMAND ACROSS MAJOR ECONOMIES, INDICATING ROBUST OUTLOOK FOR H2 2024: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

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Giovedì, Giugno 13, 2024

A key factor behind the index's increase in May was a further improvement in global manufacturing demand, leading factories to ramp up their purchases of raw materials, commodities and components.

Key Points: 
  • A key factor behind the index's increase in May was a further improvement in global manufacturing demand, leading factories to ramp up their purchases of raw materials, commodities and components.
  • Overall, this paints an optimistic picture for the outlook in H2 2024 for global supply chains.
  • May data showed stronger demand from manufacturers in the U.S. and Mexico, exerting more pressure on North American suppliers.
  • The next release of the GEP Global Supply Chain Volatility Index will be 8 a.m.

S&P Global Commodity Insights Acquires World Hydrogen Leaders

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Martedì, Maggio 14, 2024

LONDON and NEW YORK, May 14, 2024 /PRNewswire/ -- S&P Global Commodity Insights, a division of S&P Global (NYSE: SPGI), and the leading independent provider of information, data, analysis, benchmark prices and workflow solutions for the commodities, energy, metals and energy transition markets, today announced that it has acquired World Hydrogen Leaders, a globally-recognized portfolio of hydrogen-related conferences and events, digital training and market intelligence. 

Key Points: 
  • World Hydrogen Leaders offers live events around the world across all segments of hydrogen and its derivatives, as well as virtual events and training.
  • World Hydrogen Leaders strong brand and dynamic conferences portfolio will complement S&P Global Commodity Insights global conferences business and provide customers with full coverage of the hydrogen and derivative value chain alongside Energy Transition and Sustainability solutions, including hydrogen price assessments, emission factors and market research.
  • I am delighted to welcome World Hydrogen Leaders into our portfolio of premier conferences in the energy and commodity markets space, where we gather top stakeholders for critical debate and to facilitate better decision making," said Lyn Tattum, Conferences and Events Lead, S&P Global Commodity Insights.
  • Following the acquisition, it will join S&P Global Commodity Insights' global flagship events such as CERAWeek, World Petrochemical Conference, London Energy Forum and APPEC.

automotiveMastermind Announces Strategic Integration Partnership with CarNow to Further Improve Consumer Experience with Dealerships

Retrieved on: 
Martedì, Maggio 14, 2024

NEW YORK, May 14, 2024 /PRNewswire/ -- automotiveMastermind, the automotive industry's trusted data and technology provider, today announced a strategic integration partnership with CarNow.

Key Points: 
  • NEW YORK, May 14, 2024 /PRNewswire/ -- automotiveMastermind , the automotive industry's trusted data and technology provider, today announced a strategic integration partnership with CarNow .
  • The partnership with CarNow connects Mastermind with dealers' existing operational systems to better account for consumers' online and offline shopping behavior.
  • "The strategic partnership with CarNow is just the latest step we've taken to help our dealership partners continue improving the overall consumer experience," said Aaron Baldwin, chief product officer at automotiveMastermind.
  • "We are excited to integrate Mastermind's personalized and predictive insights into our CarNow platform to improve both the consumer shopping experience and the dealer salesperson experience," said John Lilly, chief product officer at CarNow.

AFTER FOUR YEARS OF WILD SWINGS FROM SHORTAGES TO GLUT, GLOBAL SUPPLY CHAINS ARE NOW IN THE GOLDILOCKS ZONE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

Retrieved on: 
Lunedì, Maggio 13, 2024

Improving activity across global supply chains are a direct result of healthier demand, which has picked up consistently in the year-to-date after considerable weakness in 2023.

Key Points: 
  • Improving activity across global supply chains are a direct result of healthier demand, which has picked up consistently in the year-to-date after considerable weakness in 2023.
  • The North American market is showing more evidence of tightening capacity, with backlogged work reported by manufacturers, particularly in Mexico.
  • Demand conditions were less robust in Europe, with the region's manufacturing sector continuing to underperform and lag other parts of the globe.
  • The next release of the GEP Global Supply Chain Volatility Index will be 8 a.m.

AFTER FOUR YEARS OF WILD SWINGS FROM SHORTAGES TO GLUT, GLOBAL SUPPLY CHAINS ARE NOW IN THE GOLDILOCKS ZONE: GEP GLOBAL SUPPLY CHAIN VOLATILITY INDEX

Retrieved on: 
Lunedì, Maggio 13, 2024

Improving activity across global supply chains are a direct result of healthier demand, which has picked up consistently in the year-to-date after considerable weakness in 2023.

Key Points: 
  • Improving activity across global supply chains are a direct result of healthier demand, which has picked up consistently in the year-to-date after considerable weakness in 2023.
  • The North American market is showing more evidence of tightening capacity, with backlogged work reported by manufacturers, particularly in Mexico.
  • Demand conditions were less robust in Europe, with the region's manufacturing sector continuing to underperform and lag other parts of the globe.
  • The next release of the GEP Global Supply Chain Volatility Index will be 8 a.m.

S&P Global Commodity Insights Raises 10-year Production Outlook for Canadian Oil Sands

Retrieved on: 
Giovedì, Maggio 9, 2024

CALGARY, AB, May 9, 2024 /PRNewswire/ -- S&P Global Commodity Insights has raised its 10-year oil sands production outlook for the second consecutive year. The updated forecast expects Canadian oil sands production to reach 3.8 million barrels per day (mbd) by 2030—half a million barrels per day higher than today. The new projection represents an increase of nearly 100,000 b/d (or 3%) in 2030 from the previous outlook. This also marks the first time S&P Global is making public its outlook to 2035 where initial declines in production begin to emerge.

Key Points: 
  • CALGARY, AB, May 9, 2024 /PRNewswire/ -- S&P Global Commodity Insights has raised its 10-year oil sands production outlook for the second consecutive year.
  • The updated forecast expects Canadian oil sands production to reach 3.8 million barrels per day (mbd) by 2030—half a million barrels per day higher than today.
  • The new forecast, produced by the S&P Global Commodity Insights Oil Sands Dialogue , attributes the increased projection to producers' ongoing focus on maximizing existing assets through investments in optimization and efficiency.
  • "Oil sands production continues to grow despite concerns about the advancing federal oil gas emissions cap's potential impact on production," said Celina Hwang, Director, North American Crude Oil Markets, S&P Global Commodity Insights.

S&P Global Market Intelligence Global Bank Ranking: Chinese Banks Maintain Dominance in 2023 Despite Economic Headwinds

Retrieved on: 
Giovedì, Maggio 9, 2024

NEW YORK, May 8, 2024 /PRNewswire/ -- Chinese banks maintained their dominance in the global largest lender rankings of 2023 despite a downturn in the property sector, according to the Global Bank Ranking published by S&P Global Market Intelligence, an annual ranking of the 100 largest banks in the world by total assets.

Key Points: 
  • Chinese banks kept 20 positions in the ranking, including the top four, showcasing the continued strength of China's banking sector.
  • Industrial and Commercial Bank of China Ltd. remained the world's largest bank, with assets of $6.3 trillion.
  • "Elevated inflation and higher interest rates served as headwinds to global economic growth and the commercial real estate sector.
  • Despite a downturn in the property sector, Chinese banks retained their place as the largest in the world," said Nathan Stovall, director of financial institutions research at S&P Global Market Intelligence.

S&P Global to Present at the Barclays Americas Select Franchise Conference on May 7, 2024

Retrieved on: 
Venerdì, Maggio 3, 2024

NEW YORK, May 3, 2024 /PRNewswire/ -- Doug Peterson, President and Chief Executive Officer of S&P Global (NYSE: SPGI), will participate in the Barclays Americas Select Franchise Conference on May 7, 2024 in London, UK. Mr. Peterson is scheduled to speak from 1:30 p.m. to 2:10 p.m. British Summer Time (8:30 a.m. to 9:10 a.m. Eastern Daylight Time). The "fireside chat" will be webcast and may include forward-looking information.

Key Points: 
  • NEW YORK, May 3, 2024 /PRNewswire/ -- Doug Peterson, President and Chief Executive Officer of S&P Global (NYSE: SPGI), will participate in the Barclays Americas Select Franchise Conference on May 7, 2024 in London, UK.
  • Mr. Peterson is scheduled to speak from 1:30 p.m. to 2:10 p.m. British Summer Time (8:30 a.m. to 9:10 a.m. Eastern Daylight Time).
  • The webcast (video) will be available live and in replay through the Company's Investor Relations website http://investor.spglobal.com/Investor-Presentations (please copy and paste URL into web browser).
  • Any additional information presented during the session will be made available on the Company's Investor Presentations web page.

S&P CORELOGIC CASE-SHILLER INDEX'S UPWARD TREND PERSISTS IN FEBRUARY 2024

Retrieved on: 
Giovedì, Maggio 2, 2024

NEW YORK, May 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices (S&P DJI) today released the February 2024 results for the S&P CoreLogic Case-Shiller Indices.

Key Points: 
  • NEW YORK, May 1, 2024 /PRNewswire/ -- S&P Dow Jones Indices (S&P DJI) today released the February 2024 results for the S&P CoreLogic Case-Shiller Indices.
  • The leading measure of U.S. home prices shows that 18 out of the 20 major metro markets reported month-over-month price increases.
  • The 10-City Composite showed an increase of 8.0%, up from a 7.4% increase in the previous month.
  • The 20-City Composite posted a year-over-year increase of 7.3%, up from a 6.6% increase in the previous month.

S&P Global Announces Successful Completion of Visible Alpha Acquisition

Retrieved on: 
Mercoledì, Maggio 1, 2024

NEW YORK, May 1, 2024 /PRNewswire/ -- S&P Global (NYSE: SPGI) today announced the successful completion of its acquisition of Visible Alpha, the financial technology provider of deep industry and segment consensus data, creating a premium offering of fundamental investment research capabilities on S&P Global Market Intelligence's Capital IQ Pro platform.

Key Points: 
  • NEW YORK, May 1, 2024 /PRNewswire/ -- S&P Global (NYSE: SPGI) today announced the successful completion of its acquisition of Visible Alpha, the financial technology provider of deep industry and segment consensus data, creating a premium offering of fundamental investment research capabilities on S&P Global Market Intelligence's Capital IQ Pro platform.
  • Visible Alpha will be operated within the S&P Global Market Intelligence division.
  • "Visible Alpha and its innovative team are an outstanding complement to S&P Global's culture and capabilities," said Adam Kansler, President of S&P Global Market Intelligence.
  • S&P Global announced its agreement to acquire Visible Alpha in February 2024.