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...The EU is preparing a back-up plan worth up to €20bn for Ukraine, using a debt structure that sidesteps the objections of Hungary’s Viktor Orbán about funding the war-torn country....
...B....
...“The best way to get from plan A that’s not working to a plan B that might work is to formulate hypotheses, test them with real data, and let the data speak.”...
...The owner of the B&Q, Screwfix and Castorama DIY chains has warned that profits will fall this year, piling pressure on the group to accelerate its turnaround plan....
...No mention of the B-word, then....
...Aramco declined to comment on the government’s plans....
...That is in line with current market expectations given that a default at Kemble earlier this month sent the price of a second-ranking “Class B” bond plunging to little over half of its face value....
...That means Sunak’s “Plan A” electoral strategy of “I’ve kept these five pledges, now elect me so I can achieve these five” is not a goer. What will he do instead?...
...Like Casa ML’s evolution from a B&B into something grander, the dish was testament to going with the flow. Slow Food Fast Cars is published by Phaidon at £39.95 @ajesh34...
...State-run Saudi Aramco on Tuesday said it had been asked by the energy ministry to abandon a plan to increase its maximum sustainable production capacity from 12mn barrels a day to 13mn b/d by 2027....
...In January, it dropped its plans to expand its daily oil production capacity by 2027 in a major policy reversal....
...it had been asked by the energy ministry to abandon a plan to increase the Kingdom’s maximum sustainable production capacity from 12mn barrels per day to 13mn b/d by 2027.The multi billion dollar investment...
...US production rose by roughly 1.5mn b/d to a record 13.5mn b/d in 2023 while that of Iran increased to an average of roughly 3.9mn b/d from about 3mn b/d a year earlier, said Claudio Galimberti, North America...
...B&M said it would provide more details about its plans in November when it publishes its interim results but added that it would not retain the Wilko brand....
...Today, we explain what European Council President Charles Michel’s run for a European parliament seat means for the rest of the Brussels machine, and I hear Belgium’s plans to get an ironclad Plan B for...
...They reckon that debt maturities of firms rated single-B or lower will be around $310bn in 2025, rising to $400bn in 2026....
...Here’s what EU leaders need to make the plan a success....
...These have picked up markedly in recent years, from a low of about 400,000 b/d in the pandemic year of 2020 to about 1.4mn b/d recently, according to Richard Bronze at Energy Aspects....
...His Berkshire Hathaway B class shares, at $420, offer a relatively cheaper entry....
...He warned that the consequences of not getting aid in urgently would mean “people are going to waste away and die”, saying: “We have to get aid in, there’s no plan B.”...
...Aardvark was previously valued at nearly $120mn after its Series B round in 2021, according to PitchBook....
...Fitch Ratings downgraded Vanke in October from triple B plus to triple B, citing weaker than expected sales....
...Previously on FTAV: the Pension Protection Fund reckons it would make a great public sector superfund, helping to solve Britain’s under-investment crisis even if its asset allocation plans may, counter-intuitively...
...The US also opposes Netanyahu’s plan to launch an offensive in Rafah, where more than 1mn displaced Gazans have sought sanctuary....
...This was a first for software that had managed to handle more than 15mn flight plans in the past five years, the report said....
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