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...The $3tn to $4tn it will cost each year come in a different macro environment.”...
...Last year, Aramco acquired a 10 per cent stake in Shenzhen-listed Rongsheng Petrochemical for $3.6bn and entered a venture with two other Chinese companies to build a 300,000 b/d refinery and petrochemicals...
...a blockbuster IPO....
...Such tax increases would be more palatable if accompanied by a genuine simplification of today’s mind-bogglingly complex federal income tax system. William W Chip Washington, DC, US...
...The main driver of earnings was Shell’s gas business, which made adjusted earnings of $3.7bn, compared with $4.9bn a year earlier....
...Dear reader, Here’s a puzzle. Electric car company Tesla presents a terrible set of first-quarter earnings and is rewarded with a 10 per cent share price jump....
...Moore would tap on the window and watch a herd of sheep, owned by a local farmer, drift towards the sound. They became the subject of a huge body of work, including Sheep Piece (1971-72)....
...a disused gasfield in the North Sea....
...So it is a multi-quarter approach, rather than trying to hit for a grand slam in one quarter,” he said....
...elaine.moore@ft.com...
...The world’s largest commodity traders are investing heavily in data processing and analysis in a race to develop a technological edge over rivals....
...Details: Tim Moore was a guest of Belmond (belmond.com)....
...toddlers in a trenchcoat....
...Infrastructure is a big problem....
...It said China’s oil demand had normalised after a post-Covid spurt and that a mild winter had moderated demand....
...The call comes a year after the collapse of a £1.7bn takeover approach for Wood from buyout group Apollo....
...Michael W Hodin Chief Executive, Global Coalition on Aging New York, NY, US...
...The cuts have crimped production of crude by some 5.3mn barrels a day, or about 5 per cent of global supply....
...A key difference is that Moore’s Law is a function of time, but Wright’s Law is a function of activity: the more you make, the cheaper it gets....
...Of course, even with more than 10,000 people cheering, it’s not easy to turn a tech conference into a rousing cultural event. Harder still when you are a chip design company....
...Joining me now is the FT’s Elaine Moore. She’s a technology columnist and the deputy editor of our Lex column. Hey, Elaine. Elaine Moore Hi....
...Simon Case, who as cabinet secretary is responsible for half a million civil servants, and spy chief Richard Moore on Wednesday separately said they resigned from the club after facing criticism for their...
...Marc FilippinoElaine Moore is the FT’s deputy Lex editor and a tech columnist. Thanks, Elaine. Elaine Moore Thanks so much....
...Iran is exporting more oil than at any time for the past six years, giving its economy a $35bn-a-year boost even as western countries discuss stepping up sanctions in response to its attack on Israel....
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