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...“I’m just going to go to lawyers . . . I’m dying to talk to other people about it. I’m dying to talk to the press.”...
...The chief executive of the world’s largest tobacco group Philip Morris International is not short of anecdotes in which he implored people to quit smoking....
...Ford has been the exception, cutting prices twice this year on its electric Mustang Mach-E....
...I’m not certain that this is true, but let’s assume it is. Is Buffett right to look past this risk?...
...To get there, Ant is building Alipay+ into a universal QR code, so a Korean user of KakaoPay e-wallet or a Malaysian user of Touch ‘n Go e-wallet can pay for a taxi in Singapore by scanning the Alipay+ code...
...And the cause is the knotty subject of returning works of art that have been on international loan....
...The art fair group is also offering its services to S.E.A. Focus, an art fair in Singapore (January 15-23)....
...Write to the FintechFT team at imani.moise@ft.com and sid.v@ft.com....
...I’m sure he was doing it for his people, but I’m also sure he was thinking: ‘It could help me politically.’” That turned out to be a miscalculation, I suggest, given Netanyahu went on to lose power....
...Antoine GodinUniversité Sorbonne Paris Nord, France Michael JacobsProfessor of Political Economy, University of Sheffield Ronan PalmerDirector Clean Economy, E3G Dirk EhntsPufendorf-Gesellschaft Berlin e.V...
...I’m back after a few days off, having retrieved my twins from summer camp in Vermont. It rained on them constantly, but they still had a lot of fun....
...“This ‘boom’ is not like the one of 2003-06, which was of the lower-to-middle end of the market and dominated by British buyers,” says Smadar Kahana of E&V....
...Nicholas II of Russia, Edward VII and George V of Great Britain, Chulalongkorn of Siam and the Duc d’Orléans were among its early patrons....
...Ed, I’m curious what you think of the Fed’s experiment — and what it could mean for the US-China relationship....
...There is no guilt factor — it’s more of a ‘I’ve survived this, it’s ok to reward myself, I’m worth it’.” Fashion weeks will also look a little different next year....
...Earlier data increases our economists conviction in a V-shaped recovery: Economic data in aggregate have continued to surprise to the upside, building our confidence in a V-shaped recovery....
...Bond default risk: M&B has only received a temporary waiver until 15 May on its cessation covenant....
...There’s a rejig of forecasts on a Norway tax break and a bit of fantasy M&A, which seems to be obligatory in E&P notes at the moment....
...Similarly we expect M&A (acquisitions) to be on the back burner for now, no bad thing given again we see few assets that fit with Sukari....
...With Food representing 71% of UK sales and 50% of gross profit, (74% and 54% respectively inc 50% of Ocado JV) and stores still trading M&S is better shielded from lockdown than pure Clothing & Home peers...
...AstraZeneca remains a quite small company in an international context though, with future performance reliant on half a dozen drugs....
...First, the industry obviously needs international travel to resume and ports to reopen to ships....
...Xerox wants to give HP’s board its walking papers We’re all guilty of overusing the David v Goliath trope but in the case of Xerox and HP, it really does apply....
...We cross-check our PT with a 2024E P/E multiple discounted to present value; our PT would imply a 15x P/E multiple vs 23.0x developed Sx pharma 12m forward P/E average....
...The regulatory crackdown on e-cigarettes prompted PMI to call off talks with Altria, which would’ve brought the domestic and international makers of Marlboro back together....
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