Hints and tips:
...Instead, investors were given a “Plan B” for cheaper cars that will be made on existing production lines and systems to help cut Tesla’s spiralling costs as it shifts billions of dollars worth of investment...
...Two of Embracer’s founding investors — Erik Stenberg and Pelle Lundborg — slashed their holdings of Class B shares over the past year....
...The maritime sector he said, is “only so resilient” and “would clearly like to be reassured there is a Plan B”....
...This means that by taking an appropriate shortcut route through hyperspace, it is possible to get from A to B without travelling far at all,” he writes....
...Thus, for instance, Neil Sedaka’s “Breaking Up Is Hard to Do” deploys every catchy trick in the songwriter’s handbook — doobie-doo vocalisations, finger snaps, clapping, loads of choruses — to ensure that...
...Space-age design II Up 1 (1969) Created by Gaetano Pesce for B&B Italia, this vacuum-packed foam chair came flat....
...Perhaps the most amusing piece this year was James B. Stewart’s examination of the apparently dodgy goings-on at high-end New York wine seller Sherry-Lehmann....
...Plus: a happy hour hosted by Neil Patrick Harris, the annual “best of the best” wine tasting and cooking demos aplenty....
...Russia, a member of Opec+, also said it would extend its existing production cut of 500,000 b/d until the end of the year....
...The IEA expects Russian oil supply to fall by 1.5mn b/d in April and believes that up to 3mn b/d could be offline from May due to “international sanctions and as the impact of a widening customer-driven...
...She estimates Russian crude exports to India have risen from less than 50,000 b/d in February to more than 300,000 in March....
...The big news yesterday was the US Department of Justice charging prominent hedge fund manager Neil Phillips with manipulating the South African rand to trigger a $20mm payout on a one-touch binary option...
...“There’s an expectation that this may not be as disruptive as some may have originally feared,” said Neil Beveridge, managing director at AllianceBernstein....
...Russian crude exports dropped to 3.1mn b/d in the second half of March, down from 3.5mn b/d in the first half of the month, data from commodity analysis group Kpler show....
...Last week, the company said it traded 7.6mn barrels per day of oil and petroleum products in 2021, up from 7.1mn b/d as demand rebounded with all of its main markets seeing strong growth except for jet fuel...
...Its sends 2.5m to 2.6m b/d of crude oil to Europe either via pipelines or tankers, and sells 2m b/d of oil products in Europe, US and Canada....
...Russia typically exports 5mn barrels per day of crude and 2.7mn b/d of refined products....
...Global oil demand is expected to return to pre-pandemic levels of approximately 100mn b/d in 2022. But supply was already struggling to keep up....
...Existing Glencore shareholders would get “B” shares and a 90.91 per cent economic interest....
...Flutterwave’s latest fundraising round was led by US-based B Capital Group, with participation from Alta Park Capital and Whale Rock Capital....
...World oil demand is about 100mn b/d....
...The Opec+ alliance, which includes Russia, has declined to accelerate agreed increases to production of 400,000 b/d each month....
...For example, Venezia in Italy’s Serie B is controlled by Duncan Niederauer, former chief executive of NYSE....
...representations to investors, including that (a) investors in Chandran’s companies would soon receive extremely high returns when one or more of those companies was purchased by a group of wealthy buyers, (b)...
...These worries might have factored into chief executive Neil Murphy’s decision to sell £2.55m of his shares on 14 January, though he stated that they were “for tax and estate planning purposes”....
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