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...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...
...Each B share has 10 times the voting rights of a single A share. Ordinarily the B shares would convert into A shares on sale by the Glazers....
...d to 13mn b/d by 2027....
...However, even more interesting (and counter-intuitive) is Rogoff et al’s failure to find a statistical correlation between real rates and fundamental economic trends....
...Millennials have made remote working work for them, such as by logging off early on a Friday but checking emails on a Sunday....
...Anyway, if you want to commemorate Risher et. al’s gaffe, boy oh boy do we have the t-shirt/sticker for you over on the FTAV swag shop (wow two promos in one day). It’ll look great under your gilet....
...Yet without a business community ready and willing to stand up to authoritarianism, societies come to depend on the instruments for social inclusion, democratic participation, fiscal equity...
...Bottura and Gilmore acquired the property in San Damaso in 2017 with the intention of turning it into a B&B — a place where visitors to their three Michelin-starred restaurant Osteria Francescana in nearby...
...Where a European publication might illustrate a boutique with a single photograph of its interior, Popeye would pile on a handful including cutouts of products and a portrait of the shopkeeper, emblazoned...
...Of course, O’Neill et al were mostly talking about these countries as burgeoning economies with tons of potential. And many of these countries have indeed subsequently done well....
...Ratcliffe agreed to buy up to 29 per cent of Manchester United for roughly $1.6bn on Christmas Eve, ending a more than year-long sales process that saw Qatari Sheikh Jassim Bin Hamad al-Thani bid for the...
...The IEA added that record output from the US, Brazil, Guyana and Canada would help boost global supply this year by 1.5mn b/d to a record 103.5mn b/d....
...Bunzl, Howdens et al are generally smaller than the household names, and smaller companies can grow faster. Bunzl’s revenues, for example, have increased from £2.7bn to £11.8bn over the past 20 years....
...Capitalism has taken its toll on people and societies and ESG is an opportunity to reset it, by becoming one of the so-called pillars of Capitalism 2.0, providing a framework to give a wider...
...They followed the Pinault family of Ch Latour et al, who, in 2013, bought what is now called The Eisele Vineyard from the Araujos, and were so confident of their savoir-faire that they didn’t even impose...
...Three men — identified only as Abdelhamid Al A and Ibrahim El-R, both born in Lebanon, and Egyptian national Mohamed B were arrested in Berlin....
...Al-Hussainy argues that as long as they can hang on through the volatility in spreads, investors who stay near the investment-grade line in a diversified portfolio of corporate bonds are highly unlikely...
...Last month, NWBO and its Reddit fans were rebuffed by a Manhattan court, which granted Citadel et al’s motion to dismiss the case. But there was a sting in the tail....
...Productivity-hype bubbles are usually separated by at least 25 years and usually form at the end of a secular bull market, when aggregate profits are coming under pressure, say Garthwaite et al....
...Designs for continuing and returning productions of the long-playing classics – Miss Saigon, Les Mis et al – are widely available, but discerning fans will be able to distinguish between a Cats T-shirt from...
...The climate summit yielded a mixed bag of results that left some observers outside of the carbon markets torn between acknowledging the historic nature of the deal brokered by COP28 president Sultan al-Jaber...
...Naturally, we are told by the likes of Google, Meta, Microsoft et al that using AI to help solve the planet’s warming crisis is a wonderful idea....
...More seriously, Goetzman et al argue that art price changes are largely a function of wealth concentration....
...They found that the standout stocks today are at much cheaper valuations than the stars of the 90s were, and while the valuations of the Magnificent 7 et al do look a lot like the “Nifties,” they tend to...
...Typically, B shares convert into A shares when the Glazers sell. However, one of the people said the goal is for Ratcliffe to hold B shares because of the appeal of the voting rights....
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