World in transition: Four themes
We focus on four themes of change and how they are affecting companies and markets around the world.
In this way, we hope to contribute to a greater understanding of where the world is headed at a time of historic transitions.
![Connect cars](/sites/default/files/styles/card/public/images/hero/2021/06/connect-cars-1600-600.jpg?itok=4JUnguCk)
At a crossroads: Europe’s auto sector borrowers face change and the effects of events in Ukraine
Vehicle sales rebounded strongly following lockdowns, but Europe’s automotive companies confront a period of significant change as governments phase out combustion engines, supply chain constraints bite and the impacts of events in Ukraine are felt
![London city photo](/sites/default/files/styles/card/public/images/hero/2020/09/London_GI_P%201600x600.jpg?itok=8n7rUZz6)
European leveraged finance: From surviving to thriving
Leveraged loan and high yield bond markets in Western and Southern Europe saw a major resurgence in the past 12 months, driven initially by refinancing, followed by almost unprecedented M&A and buyout issuance, and setting the stage for, on balance, a productive year ahead