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...But Lai also acknowledged the complexities of doing business in the region. “[It’s] actually a collection of diverse nations, with all different cultures and languages....
...Apple orchards replace vineyards in this temperate northern region and, though a small wine industry exists, the region’s drink of choice is cider....
...Ever since, the promise of eye-watering returns has enticed pension plans, endowments, insurance companies, private banks and business tycoons to pump $5tn into the industry....
...But unlike regular investment banks, groups such as KKR — which has diversified to include a $200bn credit investment business and its Global Atlantic life insurance affiliate — can do it all in-house, Lex...
...Brent Thill, an analyst at Jefferies, said: “Most consider 5 per cent turning out the underperformers, which they should be doing every year anyway,” adding that others in the tech industry were cutting...
...As we noted yesterday, European stocks’ months-long streak of outperforming US equities broke in mid-January (light blue below), and did so even before recent weakening in the euro: This looks like consolidation...
...David Bell: It will stagnate, probably doing as badly as other advanced countries (USA excepted)....
...“People would be doing backflips for $12 gas in Europe.”...
...That culminated in a security law promulgated in mid-2020 that all but erased the special administrative region’s sovereignty....
...Though the industry is still in the early stages of figuring out what role it wants to, and can, play in the metaverse, the potential business opportunity is substantial....
...Despite a shift among US operators to green their image, the gulf between companies on either side of the Atlantic remains as wide as ever....
...Incidentally, a plethora of media outlets (inc....
...The growing discontent amongst workers in several industries will likely lead to more of the action we are already seeing as we move into the new year....
...The crescent of poverty The wealth in Gironde is concentrated in Bordeaux and the ring of commuter communities it supports, as well as along the Atlantic coast in places such as Cap Ferret and Arcachon,...
...It’s taking data from text documents on structured data, pulling together a view and it’s doing it in real time, high frequency. That’s what attracted us to the business....
...Short positions in Tesla — measured as a percentage of the company’s freely traded shares, had by mid-November fallen to about 3 per cent, down from almost 20 per cent at the start of 2020, according to...
...Under the radar screen, under the aggregate level, there’s a lot happening where firms, industries, sectors are doing pretty well, and you see that it’s gradually beginning to grow....
...By the mid-noughties, most young Wall Streeters dreamt of running a hedge fund, not toiling away in investment banking or — perish the thought — doing unglamorous work such as lending money to companies....
...A version of this article was first published by Nikkei Asia on December 8 2021. ©2021 Nikkei Inc....
...If you take, say, Portugal, there is just less high-end business....
...BioNTech needed to make money from its first product to plough back into the business....
...Experian saw its organic revenue rise by 4 per cent in the year to March 31, as 17 per cent growth in consumer services offset a flat performance from its business-to-business (B2B) operations....
...Andrew Smith, Economic Adviser, Industry Forum: The UK will lag behind next year as the policy is perversely tightened in mid-pandemic....
...So for me, it's something which we can, if you like, tilt our business according to the demands of the industry and our customer base, and we are doing that very actively and on a proactive basis....
...A large part of this underrepresentation reflects the much higher costs of doing business across borders — from regulation to the costs of transferring money....
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