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Malaysian Reserve
2 days ago
- Business
- Malaysian Reserve
Gimme Credit: Corporate Bonds Stay Strong as U.S. Tariffs and Consumer Caution Test Market
NEW YORK, Aug. 14, 2025 /PRNewswire/ — Gimme Credit's latest research shows that leading U.S. corporate issuers are holding firm against escalating tariffs and increasingly cautious consumer spending. Strong balance sheets, diversified operations, and product innovation are proving key to credit stability amid macro volatility. Tariffs and changing consumer demand have raised the stakes for corporate issuers in 2025. Gimme Credit's latest research shows that strategic diversification and disciplined capital management are proving decisive in maintaining credit stability. More from the company's Senior Bond Analysts, below: BorgWarner – Jay Cushing noted the company's 'strong balance sheet and flexible product lineup across combustion, hybrid, and electric platforms' should help it absorb tariff pressures and modest volume declines 'with minimal impact' to its credit profile. JPMorgan Chase – Mark Flanagan said the bank has 'positive momentum into the second half' with diversification and robust capital 'key support factors against any negative turn.' Apple – Dave Novosel reported a 10% revenue gain in fiscal Q3—its fastest growth since early 2022—driven by double-digit gains in iPhone, Mac, and Services, plus a rebound in Greater China. Adani Ports & SEZ Ltd – Saurav Sen said We are not overly concerned [about trade disputes]: most shipments through ADSEZ ports are Europe– and Asia-bound, and crude oil cargo accounts for roughly 10% of volumes. The company should be able to absorb the fallout without materially denting its credit metrics. Gimme Credit's coverage underscores that disciplined capital allocation, innovation and geographic diversity remain powerful buffers for credit quality even as trade policy and consumer trends shift rapidly. Request A Free Trial Gimme Credit provides independent corporate bond research and data to aid investors and traders with critical and timely insights on an organization's investment potential. Since 1994, customers have relied on our decisive buy/sell recommendations to provide in-depth guidance when determining which fixed-income securities offer the most opportunity. Gimme Credit's clients include brokerage firms, corporations, financial advisors, investment managers and traders. Company research and news are regularly featured in such esteemed Media as Bloomberg, The Wall Street Journal, Barron's, FT and more. Logo – View original content:
Telegraph
05-07-2025
- Entertainment
- Telegraph
The 10 best brunches in Manchester
There are queues out of the door for some of Manchester's best brunch spots, where you will be served the perfect avocado toast, fluffy pancakes, huevos rancheros, and more. Whether you're after a full English to aid recovery following a night out partying, are meeting friends to celebrate over a bottomless brunch, or would prefer a civilised morning catch-up with flat whites and French toast, you'll find a brunch spot to suit. From brunch in grand dining rooms and Antipodean inspired plates to spicy breakfasts, these are the brunch spots in Manchester that you need to know about. All our recommendations below have been hand-selected and tested by our resident destination expert to help you discover the best brunch in Manchester. Find out more below, and see our guides to the city's best hotels, restaurants and cafés, nightlife, pubs and bars, shopping, things to do and things to do for free. Pot Kettle Black Opened in 2014 by two professional rugby players, Mark Flanagan and Jon Wilkin, and inspired by Mark's time in Sydney's coffee shops while playing in Australia, Pot Kettle Black is a firm favourite on the Manchester brunch scene. Its original site is in the elegant Grade II-listed Barton Arcade, between the main thoroughfare of Deansgate and central St Ann's Square. Sit next to the café's floor-to-ceiling glass windows that look out into the domed arcade or under strings of fairy lights, and order one of its delicious options, such as parmesan and truffled scrambled eggs or Biscoff French toast. Pot Kettle Black also owns its own bakery, Bakehouse, whose enormous pastries are so popular that they are served in other venues across the city, including Pip at the Treehouse Hotel. As a bonus, there's a café in Manchester Airport, too. Federal There are regular queues to get a table for the brunches from Federal, but swift service means that you shouldn't have to wait long. Its original Northern Quarter site launched in 2014, taking inspiration from Aussie and Kiwi neighbourhood hangouts, and it's now expanded to three cafés in the city centre plus a coffee cart in Altrincham Market. Head to its buzzy Oxford Road café with wooden tables inside and out and plant-lined windowsills, where you will struggle to choose between ordering its legendary French toast, classic eggs Benedict or something more unusual, such as halloumi and mushrooms topped with poached eggs, homemade ketchup and a dukkah mix. Dishoom Manchester's outpost of the Irani-style Bombay café Dishoom is on the city centre's Bridge Street in the 1920s Manchester Hall building, a freemasons' hall. It's a handsome space to eat in, with stained glass windows, parquet floors, cherry-red and mustard-yellow banquettes and marble-topped tables. Its brunch is popular and features cult dishes such as its bacon naan roll alongside 'the big Bombay' breakfast, a spicy parsi omelette and chole puri halwi – chickpea curry with sweet semolina and pickles. Order the house chai to accompany your food (with unlimited refills), or celebrate with a cocktail. Neighbourhood: Spinningfields Nearest tram: St Peter's Square Contact: Price: ££ Reservations: Recommended Junipers Chorlton This popular brunch spot in the south Manchester suburb of Chorlton has been a neighbourhood staple since 2019. Its breakfast and brunch menu goes beyond the usual classics, with memorable options such as the paratha breakfast (paratha with scrambled eggs, house-made or vegan chorizo, feta cheese, sun-dried tomato and roasted pepper sauce, dukkah and parsley oil). If it's sunny, eat outside, watching the world go by, or cosy up inside where there's sandy-coloured tongue-and-groove walls, wooden floors and tables, and Moorish tiles behind the counter. Caravan Friends Laura Harper-Hinton, Miles Kirby and Chris Ammermann, who met while working in restaurants in Wellington, New Zealand, opened the first branch of Caravan in London in 2010. There's now a string of Caravan restaurants throughout the capital, and the trio opened their first venue outside of London in Manchester's St John's neighbourhood in summer 2024. The all-day dining venue with its own roastery and sun-trap terrace serves breakfast on weekdays from 8am and brunch at the weekends from 9am until 4pm. Its jalapeno cornbread with fried egg, spinach, curd cheese, mojo verde and chilli butter is excellent, as are the vanilla pancakes. For a celebration, there are cocktail accompaniments on offer too, from a white peach bellini to the chef's margarita. The Koffee Pot Established in Stevenson Square in 1978, this caff is the go-to spot in Manchester to cure a hangover. Apparently, Liam Gallagher loved it so much that he once wanted to buy it. Now on Oldham Street, with a mural by street artist Hammo and red booths, you can choose between its selection of fry-ups, the Manc muffin (a sausage patty with American cheese, smoked streaky bacon, potato rosti, runny egg and bloody Mary ketchup in an English muffin) or pancakes and waffles. Wash the food down with a builder's brew, hot Vimto, pint of beer or cocktail. Firehouse One for the party people, this lively food, drink and entertainment venue in a former garage depot building on the edge of the Northern Quarter and Ancoats serves a bottomless brunch every Friday evening and Saturday from midday. Book a spot on its terrace and enjoy 90 minutes of prosecco, lager, frozen margaritas and spritzes alongside fresh, fluffy pittas and dips including hummus, muhammara (roasted red pepper and walnut dip with feta, toasted walnuts, pomegranate, olive oil and mint) and beetroot borani (goats' cheese, pomegranate, smoked almonds and olive oil). DJs crank the atmosphere up a notch, too. Elnecot This laid-back neighbourhood restaurant in Ancoats's central Cutting Room Square feels very Manchester. Its interiors are industrial chic with floor-to-ceiling windows, its service is friendly, and ingredients are top quality (and local where possible). There are brunch options until 3pm Monday to Saturday, while Sundays are all about its roasts. For a special occasion, you can add two hours of bottomless frizzante, cocktails or beer on Saturday, too. The Elnecot full and veggie full breakfasts are classics – and come with a whole host of extras including hash browns, beetroot hummus (on the veggie) and Bury black puddings (meat) – while other stand-outs include crispy pork belly or wild mushrooms on toast. Neighbourhood: Ancoats Nearest tram: Shudehill Contact: Price: ££ Reservations: Recommended The Cut & Craft In 2025, Yorkshire born steakhouse The Cut & Craft took over the Grade II-listed former Manchester and Salford Bank building on central Mosley Street. The restaurant is worth a visit just to admire its grand home with a steel-blue moulded ceiling, pillars, statement central bar and enormous gold Perspex chandeliers – plus a ladies' toilet that is currently one of the most photographed in the city. Breakfast and brunch are served every day, but for an indulgent bottomless option, visit on a bank holiday Sunday for unlimited Moët or Whispering Angel alongside a DJ, live music and dishes including steaks (with a vegetarian plant-based option), sea bass and fajitas. It's pricy but your glass is never empty. Ezra & Gil, Peter Street Like many of the best brunch spots in Manchester, Ezra & Gil started life in the Northern Quarter. Now there are two sites in Manchester's centre and one in Liverpool. Its Peter Street café, next door to boutique hotel Forty-Seven, has high walnut-coloured leather stools to perch on in its windows, or green booths to sit in with friends at the back. For a light brunch, try its house-baked granola with dried papaya, toasted coconut chips, pineapple and pistachio crumb, or go big with brioche French toast coated in almond sugar and served with amaretti biscuits, vanilla mascarpone, cherry compote, blueberries and almonds. There's also a veggie full breakfast, plus a small selection of brunch cocktails, too. How we choose Every restaurant in this curated list has been tried and tested by our destination expert, who has visited to provide you with her insider's perspective. We cover a range of budgets, from neighbourhood favourites to Michelin-starred restaurants – to best suit every type of traveller's taste – and consider the food, service, best tables, atmosphere and price in our recommendations. We update this list regularly to keep up with the latest openings and provide up-to-date recommendations. About our expert Cathy has lived in Manchester all of her life and still feels spoilt by the culture and varied dining options on her doorstep. You will find her chasing her children around the Whitworth or sipping G&Ts in the Refuge.
Business Standard
20-05-2025
- Business
- Business Standard
66 Global Icons Join IIHM's Esteemed Circle of Hospitality Greats
PRNewswire Kolkata (West Bengal) [India], May 20: In one of the most prestigious global recognitions of hospitality leadership and talent, 66 distinguished professionals from the international and domestic hospitality industry and allied supportive professionals like the media were inducted as Esteemed Fellows of the IIHM International College of Distinguished Fellows. With a vision to elevate the educational and career aspirations of our students and alumni, IIHM, in collaboration with the International Hospitality Council (IHC), has established the IIHM International College of Distinguished Fellows. This body plays a pivotal role in shaping the future of the global hospitality industry. Guided by the motto Fiat Lux (Let there be light), the IIHM International College of Distinguished Fellows is committed to supporting the next generation of hospitality leaders and enriching the broader academic and industry communities. It actively strengthens industry-academia connections and organizes global conferences that act as catalysts in reinvigorating best practices within the sector. This year's inductees include a remarkable array of hospitality leaders--from the personal chef to King Charles III and the head of royal culinary operations, to owners of iconic hospitality brands, internationally renowned media figures, and General Managers of 28 of the world's most prestigious hotels. Notable Fellows Inducted Include: - Chef Mark Flanagan, Royal Chef and Assistant to the Master of the Royal Household - Chef Vivek Singh, CEO & Executive Chef, The Cinnamon Collection - Chef Vikas Seth, Culinary Director, Embassy Leisure and Entertainment Projects LLP - Chef Mark Reynolds, Executive Chef, Levy UK & Ireland; Chair, Craft Guild of Chefs, UK - Chef Parvinder Bali, Director, School for European Pastry and Culinary Arts - Chef Sandeep Kalra, Director of Culinary, Pullman - Novotel New Delhi - Chef Vicky Ratnani, Celebrity Chef & Food Connoisseur - Sandip Mukherjee, Advisor Academics, IIHM - K. Mohan Chandran, Sr Vice President - Operations, Taj Hotels - Ritesh Arora, CEO, LT Foods Ltd - Vineet Mishra, VP - Operations, India & South Asia, Accor - Manoj Gouda, President & Whole-time Director, Mayfair Hotels and Resorts - Kuldeep Bhartee, CEO, Peerless Hotels Ltd - Ambar Mazumdar, CEO, Chanalai Hotels - Manoj Jagiasi, Chief Business Officer, Bharat24 - Satyen Jain, CEO, Pride Group of Hotels - Sourish Bhattacharya, Senior Consultant, We the Chefs - Bikramjit Ray, Editor, ET Hospitality - Alan Dewberry, Publisher and Hospitality Events Specialist - Suzanne Weekes, Head, Hospitality Accreditation Training & Consultancy Services, UK - Brian Clivaz, Chairman, L'Escargot, Soho's Oldest French Restaurant Esteemed Brands Represented by Inductees: The fellows represent some of the most iconic and globally respected hospitality brands, including: 1. Hyatt Centric Bengaluru 2. ITC Windsor 3. ITC Gardenia Bangalore 4. Conrad Bangalore 5. The Leela Bhartiya City Bengaluru 6. Courtyard by Marriott Bengaluru Hebbal 7. Shangri-La Bengaluru 8. Four Seasons Hotel Bengaluru 9. Hilton Bangalore Embassy GolfLinks 10. The Ritz-Carlton, Bangalore 11. Radisson Blu Atria Bengaluru 12. JW Marriott Hotel Bengaluru 13. Renaissance Bengaluru Race Course Hotel 14. The Oberoi Bengaluru 15. The Den Bengaluru 16. Sheraton Grand Bangalore Hotel at Brigade Gateway 17. Holiday Inn Bengaluru Racecourse 18. The Lalit Ashok Bangalore 19. Fairfield by Marriott Bengaluru Rajajinagar 20. Howard Johnson by Wyndham Hebbal 21. Royal Orchid Hotels Role and Vision of the IIHM International College of Distinguished Fellows Beyond its prestigious fellowship, the College plays a vital advisory role to IIHM, contributing to the development of innovative ideas and ensuring the continued relevance of hospitality education in a rapidly changing world. The Governing Council of the College includes some of the most respected leaders in hospitality: - Prof. David Foskett, OBE, Chairman, IHC London - Dr. Suborno Bose, Chairman, IIHM - Ron Scott FIH, International Director, Indismart Group - Nakul Anand, Former Executive Director, ITC Ltd - Diwan Gautam Anand, President, IIHM International College of Distinguished Fellows Since its inception in 2016, International Hospitality Day has celebrated several industry legends through the IHC Hall of Fame, including: - Ratan Tata, Chairman Emeritus, Tata Sons - Padma Shri Chef Sanjeev Kapoor - Michelin-starred Chef Raymond Blanc - Nakul Anand Chairman's Address Welcoming the new inductees, Dr. Suborno Bose, Chairman of IIHM, stated: "The journey of IIHM has always been one of innovation and evolution--driven by our commitment to embracing change. Since its inception in 1994, IIHM has grown into the foremost network of premier hospitality schools across India and have now taken a bold step forward, embracing our pioneering leadership role in integrating emerging technologies--such as Advanced Intelligence (AI)--into hospitality and hospitality education. Our goal is to prepare students and professionals to be future-ready, while continuing to nurture qualities of compassion and empathy. This journey has only been possible because of the vision, enterprise, and unwavering support of exceptional hospitality professionals and leaders like you. You inspire young professionals in particular and the industry at large." Global Impact With the latest cohort of 66 inductees, the IIHM International College of Distinguished Fellows now comprises 323 of the world's most respected professionals--a true who's who of the global hospitality industry. These include: - Chef Brian Turner (CBE), Global Celebrity Chef - Anita Mendiratta, Advisor to the UN Tourism Secretary General - Duncan O'Rourke, CEO, MEA & APAC, Accor Hotels - Robin Sheppard, President, Bespoke Hotels - Chef Chris Galvin, Michelin-Star Chef - Vita Whitaker, CEO, Whitco - Jayen Mehta, MD, Amul - Priya Paul, Chairperson, The Park Hotels - Patu Keswani, Founder & MD, Lemon Tree Hotels - Harshvardhan Neotia, Chairman, Ambuja Neotia Group - A. D. Singh, Founder & MD, Olive Group of Restaurants - Camellia Panjabi, Renowned Restaurateur - Rajiv Kaul, Founder, Kaul Advisory - Chef Ranveer Brar, Celebrity Chef and Actor - Rohit Khattar, Chairman, Old World Hospitality The full list is available at: With this new batch of inductees, the global hospitality industry continues to benefit from one of the strongest mentorship ecosystems of any sector worldwide. Media Contact : Sujay Gupta +91-9923057937 Photo: Logo:
