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...The Issas have built a retail empire from scratch with the backing of private equity group TDR Capital, with which they co-own both EG and Asda....
...By the end of the year OCI had agreed to offload two fertiliser holdings for about $3.6bn apiece, to the Abu Dhabi National Oil Company and Koch Industries of the US....
...Much of his firepower derives from a humble source: a small oil refining and nitrogen fertiliser company in the US heartland....
...And one interview to start: Europe is less hard-working, less ambitious, more regulated and more risk-averse than the US, according to the boss of Norway’s giant oil fund, with the gap between the two continents...
...But Equinor is still first and foremost an oil and gas company....
...’s family control of the LVMH empire has never been in question....
...Ithaca Energy has agreed a deal to acquire almost all of Eni’s UK oil and gasfields in a transaction worth about £750mn that will turn the London-listed company into one of the North Sea’s largest producers...
...Bringing this oil to market will cost billions of dollars. It may well sell down its stake to an international oil company....
...Rupert Murdoch’s UK newspaper empire has incurred fresh costs of more than £51mn related to claims made in the phone hacking scandal against The Sun and now defunct News of the World, according to its most...
...Oil majors and state-owned companies are behind the majority of new discoveries and approvals....
...KaDeWe, Germany’s most famous and exclusive department store, filed for administration on Monday, becoming the latest casualty of René Benko’s crumbling property empire....
...oil sector....
...) Thomson Reuters has $8bn war chest for AI-focused deals, says chief (FT) Elliott abandons effort to buy UK electronics retailer Currys (FT) Saudi Aramco increases dividend to nearly $100bn despite oil...
...Ambani’s long-running strategy is to diversify Reliance, one of India’s largest conglomerates, beyond its core assets in oil and gas refining into consumer-facing digital businesses....
...His views are significant as the oil fund is one of the largest single investors in the world, owning on average 1.5 per cent of every listed company globally and 2.5 per cent of every European equity....
...Europe is less hard-working, less ambitious, more regulated and more risk-averse than the US, according to the boss of Norway’s giant oil fund, with the gap between the two continents only getting wider....
...These beverages were early products of empire and the trade routes established by the British East India Company and other merchant adventurers....
...Between 2019 and last year, Raízen’s revenues more than doubled to BRL$245bn ($47bn) from BR$120bn, according to company figures, placing it 394th on the latest FT-Statista list of the fastest-growing companies...
...EG Group said last month that it was in talks to offload some UK assets to Zuber Issa in what the company told investors was an attempt to reduce the debt of its petrol station empire....
...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....
...Some of the world’s biggest investors including Norway’s oil fund and a Canadian pension giant have failed in a bid to push Samsung’s de facto holding company to increase dividends and share buybacks....
...Lars Wingefors, the Swedish entrepreneur who leads Embracer, is unwinding the empire that he built in a three-year buying spree, after warning in February that the company would miss its debt reduction target...
...Worse, banks have cut specialised loans to oil and gas companies as a direct result of the tax....
...Earlier this week, Knight Insurance Group, one of more than a handful of companies that make up Hankey’s financial empire, put up a $175mn bond for Donald Trump, an amount the former president had to post...
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