Hints and tips:
Related Special Reports
...This means the interest can be added to the total borrowings instead of being paid off immediately, hinting at a desire to preserve cash....
...Over 30 per cent of Italians used cash daily, according to research released earlier this year by ATM operator LINK....
...Tyler Broda, analyst at RBC Capital Markets, said Rio’s cash flow would “evaporate” in 2023. “Rio will see its free cash flow compress by 75 per cent on numbers next year,” he added....
...Investment banks and private conglomerates, known as chaebols, poured money into the sector, seeing new opportunities to cash in....
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...By early 2021, Rios was thinking it couldn’t last....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com. You can build it, but will they come?...
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...Peter Toth, head of strategy and development at Rio Tinto, is leaving the company after eight years to join the gold miner Newmont in a similar role....
...Apple might design a better Tesla-type vehicle (and build one, with its $207bn of cash), but what problem would that solve?”...
...So it is striking that the Connecticut-based group, which has made oodles of cash by tracking issues such as gross domestic product and debt, has just seen fit to issue its first in-depth report to clients...
...The company, which posted a pre-tax loss of £7.9m for 2020, said it will use the cash to scale up winery operations and fund international expansion....
...‘Perfect scenario’ Those look like V-shaped projections, Andrew Glenn thought to himself....
...According to the IOC, its top 12 sponsors provided revenues of a little more than $1bn for the 2014 winter games in Sochi and 2016 summer games in Rio de Janeiro....
...A repeat fine would be manageable for Alphabet, a $1tn company which has about $120bn in cash....
...One justification for higher equity valuations has been the dramatic drop in long-dated government and corporate bond yields, which lifts the value of future cash flows via a lower discount rate....
...But if you’re in other parts of the economy, you’ve still got a job and been saving cash....
...It was the usual mix of non-GAAP bluffing, giant cash losses and promises of future profitability that we’ve come to expect from a company that can’t ever seem to get its story, or ethics, straight....
...David Constable will step down as a non-executive director of Rio Tinto at the end of this year to pursue his new role as chief executive of Fluor Corporation....
...Berenberg analyst Adrian Yanoshik noted that, “as a shareholder or even a debt-holder, if you have cash in the door, and it’s being used, you want that cash to be used to the highest return possible, and...
...It’s one of the basic tenets of our business model,” Frank Del Rio, chief executive of Norwegian Cruise Line, the third-largest cruise operator, told the Financial Times....
...“According to lawyers, the fall is a result of companies cutting back on risk and shoring up cash by delaying non-essential legal battles until they are more financially resilient.”...
...SoftBank founder predicts WeWork V for Victory Masayoshi Son admitted today he had turned a “blind eye” to governance lapses at WeWork but promised a “sharp V-shaped recovery” for the shared offices provider...
...GAM who was later suspended How an Australian billionaire’s SoftBank-backed finance group arranged more than €2bn of funding when Gupta’s company needed to repay GAM Gupta’s dispute with mining company Rio...
...On the last Sunday of April 2019, a sleek Gulfstream V jet belonging to Occidental Petroleum touched down at Omaha airport....
International Edition