Nina is a Bureau Chief at the Wall Street Journal in New York, managing its corporate finance coverage.
She relocated to the U.S. in 2019 after three years with the WSJ in London. Prior to her time with the WSJ, she worked as a U.K. Business and Finance Correspondent for German media group Welt in London and as a reporter in Shanghai.
Battling high inflation, rising interest rates and economic uncertainty, companies raised less capital in the markets during the first half of the year compared with the first six months of 2021, when inflation wasn’t as high and many businesses tapped cheap funding to replace higher-priced debt.
Companies are reviewing their hedging strategies in light of the strong U.S. dollar, which is denting the value of overseas earnings. The strength of the currency also is making some American products less competitive overseas, forcing businesses to look for ways to cut costs as they struggle to maintain margins.
Companies are buying back debt, pushing out maturities and reviewing cash-management strategies as they sharpen their focus on financing costs as interest rates continue to rise.
Anheuser-Busch InBev SA/NV says some of its beverages are going to get pricier and come in variable sizes as the maker of Corona and Bud Light looks to catch up with inflation in the U.S. and elsewhere.
While the company doesn’t rely on fully automated forecasts for its divisions yet, it is experimenting with advanced forecasting and predictive analytics, according CFO Wolfgang Nickl.
U.S. companies hedge against the strong dollar.
Discussed the Federal Reserve’s latest interest rate rise with Rich Preston.
Discussed the economic outlook and how to prepare for rising rates with Citigroup CFO Mark Mason.