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...Chevron’s shares have slipped almost 8 per cent since the deal was announced on October 23, a drop that further hurts Hess shareholders given the all-stock nature of the offer....
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...But Odysseus was built by a private Houston-based company called Intuitive Machines....
...The episode comes as intense distressed debt fights escalate among Wall Street firms, and are likely to accelerate given the financial pressures that higher interest rates are inflicting on US companies....
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...Marc FilippinoMyles McCormick covers energy for the FT from Houston. Thanks, Myles. Myles McCormickThanks, Marc....
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...Given the maturity of the smartphone market, that’s going to require a hell of a lot of data centres, etc. There’s also Arm’s long history of tepid margin expansion....
...“I look at it and say: the market’s nervous, but it’s not terrified,” said Dan Pickering, head of Houston-based consultancy Pickering Energy Partners....
...Analysts said they did not expect significant antitrust issues with the deal, given the limited overlap between the companies’ assets....
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...of Warren Buffett coverage to start: The Oracle of Omaha laid bare the challenge for his successors in his annual letter this weekend: they have little chance of matching his “eye-popping performance” given...
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