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Dolly Parton (Really) Rocks
  + stars: | 2023-11-28 | by ( ) www.nytimes.com   time to read: +2 min
solo studio releases to her name, Dolly Parton just scored the highest charting album of her career, the mammoth double LP “Rockstar,” which debuted on this week’s Billboard 200 at No. “Rockstar” is not an album so much as a referendum on how incredibly well-liked Parton is at this moment. “This has, however, inspired me to put out a hopefully great rock ’n’ roll album at some point in the future,” she wrote in a statement. I disagree with the notion that Dolly Parton wasn’t a rock star until she released an album called “Rockstar” — it feels like too narrow and literal an understanding of genre. And, as I argue with today’s playlist, she’s been reshaping rock ’n’ roll in her own style for her entire career.
Persons: Dolly Parton, whippersnappers Drake, Taylor Swift, Parton’s, Parton, Dolly, Paul McCartney, Ringo Starr, Joan Jett, Miley Cyrus, Lizzo, Elton John, Rob Halford, Judas Priest, it’s, didn’t, , she’s Organizations: Rockstar, Roll Hall of Fame
1 on Billboard’s album chart this week thanks to an expanded edition, while Dolly Parton notches her highest chart position ever. Six weeks ago, “For All the Dogs” opened at the top with big streaming numbers, and it has held in the Top 5 since. Last week, Drake released a new version of it — the “Scary Hours Edition” — with six new songs, which has sent the album back to No. Incredibly, “Rockstar” becomes Parton’s highest-charting album, and only the third in her storied career to reach the Top 10 of the all-genre Billboard 200 chart. Among Parton’s solo albums, and LPs with her onetime singing partner Porter Wagoner, she has had numerous titles in the Top 10 of Billboard’s country chart, including eight No.
Persons: , Dolly Parton, Drake, Taylor Swift’s, Parton, , Joan Jett, Elton John, Rob Halford, Judas Priest, Paul, Ringo, Rockstar ”, Emmylou Harris, Linda Ronstadt, Porter Wagoner Organizations: “ Rockstar, Roll Hall of Fame, Rockstar Locations: United States
watch nowStandard Chartered shares slid Thursday as the bank's big bet on China hit a stumbling block, leading to significant losses in the country. Shares of the Asia-focused bank tanked as much as 17% in early deals, sparking a temporary halt in trade. The result was hit by the bank slashing the value of its investment in China Bohai Bank by $697 million. Standard Chartered also announced a credit impairment charge of $294 million — up $62 million on the year — including a $186 million charge relating to the China commercial real estate sector. Stock Chart Icon Stock chart icon Standard Chartered sharesStandard Bank Chief Financial Officer Andy Halford on Thursday told CNBC's "Squawk Box Europe" that the "overall performance of the bank is very strong," despite the China news.
Persons: Andy Halford, CNBC's, Halford, " Halford Organizations: Chartered, China, China Bohai Bank, Bank Locations: Asia, London, China Bohai, China
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailStandard Chartered's CFO says China commercial real estate 'clearly has been problematic'Andy Halford, CFO of Standard Chartered, says the bank remains committed to China, despite losses in the country hitting its third-quarter earnings.
Persons: Andy Halford Organizations: Standard Chartered Locations: China
The U.K.-headquartered bank, which earns most of its revenue in Asia, booked July-September statutory pretax profit of $633 million. That compared with $996 million a year earlier and the $1.41 billion average of 16 analyst estimates compiled by the bank. China Bohai booked a 17.8% fall in January-June net interest income, leading to a nearly 7% decline in its overall profit, according to company filings. StanChart's Chinese real estate exposure totalled $2.7 billion, down $200 million from the previous quarter. StanChart has recently had "no contact" with FAB, Chief Financial Officer Andy Halford told reporters on a conference call on Thursday.
Persons: Peter Nicholls, StanChart, China Bohai, Andy Halford, Jefferies, Joe Dickerson, Dickerson, Selena Li, Lawrence White, Christopher Cushing Organizations: Chartered, REUTERS, Bank, Bohai, China Bohai Bank, HK, Abu Dhabi Bank, Thomson Locations: London, Britain, Bohai Bank, China, HONG KONG, China Bohai, Russia, Ukraine, Asia, Tianjin, StanChart
The Standard Chartered bank logo is seen at their headquarters in London, Britain, July 26, 2022. The change in CFO will not likely impact Winters' departure timing greatly, Britzman said, with the StanChart CEO more focused on hitting the lender's key performance goals. De Giorgi previously held senior roles at Bank of America Merrill Lynch, including head of global investment banking. Before then, he worked in equity capital markets and financial institutions at Goldman Sachs (GS.N), rising to become chief operating officer for the investment bank by the time of his departure in 2012. That long period of underperformance has seen the bank's shares fall nearly 30% since Winters took over as CEO in June 2015.
Persons: Peter Nicholls, Diego De Giorgi, Andy Halford, De Giorgi, Halford, Matt Britzman, Hargreaves, Bill Winters, Frederic Oudea's, Winters, Britzman, We've, Bank of America Merrill Lynch, Goldman Sachs, Joe Dickerson, StanChart, underperformance, Iain Withers, Lawrence White, Radhika Anilkumar, Bernadette Baum, David Holmes Organizations: Chartered, REUTERS, Bank of America, Pegasus, British, Societe Generale, Goldman, Jefferies, Thomson Locations: London, Britain, Pegasus Europe, Asia, Africa, Bengaluru
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailChina's economy is still slow, but we're not a bank for the average citizen: Standard Chartered CFOAndy Halford, CFO of Standard Chartered, discusses the bank's latest set of results.
Persons: we're, Andy Halford Organizations: Standard Chartered
Lenders wasted little time in charging more for loans when interest rates rapidly rose from an almost 15-year slumber around zero last year, but most have dragged their feet on boosting deposit rates paid to millions of their customers. Money market funds are proving popular among savers seeking bigger returns on their cash as high levels of inflation persist. Data from Refinitiv Lipper showed more than 34 billion euros ($37.6 billion) of net flows into European money market funds in March, the best-selling asset type that month. Fidelity International also reported an 8% year-on-year uplift in flows into money market funds on its investment platform between Jan. 1 and April 26. Some lawmakers have criticised banks for the mismatch between what they charge borrowers and the interest rates offered to savers.
Lenders wasted little time in charging more for loans when interest rates rapidly rose from an almost 15-year slumber around zero last year, but most have dragged their feet on boosting deposit rates paid to millions of their customers. Money market funds are proving popular among savers seeking bigger returns on their cash as high levels of inflation persist. Data from Refinitiv Lipper showed more than 34 billion euros ($37.6 billion) of net flows into European money market funds in March, the best-selling asset type that month. Fidelity International also reported an 8% year-on-year uplift in flows into money market funds on its investment platform between Jan. 1 and April 26. Some lawmakers have criticised banks for the mismatch between what they charge borrowers and the interest rates offered to savers.
HONG KONG, April 26 (Reuters) - Standard Chartered PLC (StanChart) (STAN.L) on Wednesday said first-quarter profit jumped 21%, beating expectations, as rising interest rates buoyed income from its cash management and retail banking businesses. The earnings update showed how rising central bank rates have boosted revenue, as StanChart charged borrowers more interest while not passing all of the increase to depositors. StanChart, which earns most of its revenue in Asia, said January-March statutory pretax profit reached $1.81 billion. That compared with $1.49 billion a year earlier and the $1.43 billion average of 14 analyst estimates compiled by the bank. The bank said it saw signs of stabilisation in China's troubled commercial real estate market, with no increase in credit impairment from the previous quarter.
Deposit levels extremely stable at Standard Chartered, says CFO
  + stars: | 2023-04-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailDeposit levels extremely stable at Standard Chartered, says CFOAndy Halford, chief financial officer of Standard Chartered, discusses the company first-quarter results.
Hong Kong CNN —Standard Chartered is going on a hiring spree in Hong Kong this year, in a sign of renewed confidence in its biggest market as the city reopens its border with mainland China. The British bank said it would add 300 to 500 employees to its ranks of roughly 5,500 to 5,800. Standard Chartered (SCBFF) Hong Kong CEO Mary Huen said the new recruitment drive would position the bank to capitalize on the reopening of the city’s border with mainland China. China fully reopened its borders with its special administrative regions of Hong Kong and Macao this month, in what is expected to be a major boost for the economies of the two cities. Hong Kong is also its biggest market.
Duran Duran stumbled but stayed sophisticated. The four acts found very different ways to celebrate on Saturday night, but all can now forever say they’re Rock & Roll Hall of Famers. “Rock & Roll is not a color,” he said. “One, I know, is that I’m a rapper and this is the Rock & Roll Hall of Fame.”He’s only the 10th hip-hop artist among well over 300 members of the Hall of Fame. “I‘ve been rockin’ rockin’ rockin’ rockin’ since the day I was born,” she sang, “and I’ll be rockin’ to the day I’m gone.”She closed the night leading an all-star jam of her fellow inductees on her country classic “Jolene.” Le Bon, Benatar and even Judas Priest singer Rob Halford took a verse.
Business in China 'has been very strong': Standard Chartered CFO
  + stars: | 2022-10-26 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailBusiness in China 'has been very strong': Standard Chartered CFOAndy Halford, CFO of Standard Chartered, discusses the bank's third-quarter results and solid business performance in China as well as the benefits of rate hikes amid fears of a global recession.
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