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...Despite that, he backed efforts to do a deal for all or part of Discover, codenamed “Diplomat”....
...South-east Asia, home to 700mn people, is China’s top trading partner.The bank’s office in Singapore, which like all of its overseas offices operates under CICC International, has more than doubled its headcount...
...Some juniors are reaching the point where the investment needs of projects look overwhelming, forcing a sale. Smaller miners fall into two camps....
...Its close alliance with OpenAI and early moves to embed the technology in all its software have given it a clear head start....
...On the surface, Exxon seems to have a point. Chevron is paying a roughly 10 per cent premium, in shares, to acquire Hess....
...But empire-building at Dish had proved slow-going — and in the meantime, its cash cow of pay-TV has eroded to the point of imperilling Ergen’s broader empire....
...As RBC Capital Markets analysts correctly point out, “the wisdom of the last few years of capital allocation has been debatable”....
...But there is a clear sense that scale matters in payments and there will be big winners who take all. Capital One itself has been a success story as an upstart lender....
...All this tells us that we are at a major pivot point, and that no country has all the answers. Many stakeholders, though, want to cling to the past, even as the future is changing....
...Competition could potentially push down prices and reduce the risks of routing all the activity through one venue....
...Flashes of pain are appearing in capital markets: this week it emerged that delinquencies were surging on CLOs....
...committed to restoring competition across all sectors....
...It has its own $60bn, all-stock deal for Pioneer Natural Resources in Texas. Acquiring the Hess portion of Stabroek would involve, among other things, paying off Hess’s capital gain taxes....
...“All signs point to the hardware becoming less and less important to Microsoft, so there is that possibility that we could go back to a point like we were in the 1990s where the viable choices of console...
...Installing charging points has also not kept pace with sales in some markets, with the number of EVs per charging point rising in Norway, the US and UK....
...“It would maybe be worse because, instead of a group of countries that control the supply, there’ll be a single point of failure or a single point of ability to manipulate global supply and prices.”...
...held discussions about selling a controlling stake in National Amusements, Paramount’s parent company, to a private media group run by David Ellison — son of Oracle founder Larry Ellison — and RedBird Capital...
...As the report from the Army Corps of Engineers points out, the Dali is already too big for Baltimore. Super Post Panamax ships get in and out of the port through a variety of strategies....
...But where did it all go, and how is it valued on the books?...
...US lender Capital One has agreed to buy rival Discover Financial for $35.3bn, in an all-stock tie-up that is set to unite two of America’s largest credit card companies....
...Naturally, Boots Capital claimed an interim victory....
...“I can tell you from my conversations with, with other peer investors, with underwriters, and with prospective clients . . . the blue bond market today is at that tipping point,” Lawton said....
...Despite the turmoil of early 2023, only five banks failed last year and all were resold within weeks....
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