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...After the rally in its shares, IDS has a market capitalisation of £2.6bn. It has about £1.5bn of net debt....
...But IP doesn’t have the same importance to an oil & gas exploration company as it would to a brand like J Crew, so other assets might be available for transfer. 2) Contracts often prevent transfers of IP...
...There are references to freedivers being paid to clear paths for ships in Thucydides’ 431BC account of the Peloponnesian War, while the earliest records of pearl diving in Japan date back at least 2,000...
...Tax receipts, according to William J Shultz and MR Caine’s 1937 Financial Development of the United States, flooded the Treasury with more revenue than it expected....
...[Nb chart 2 initially had an incorrect label due to software shenanigans. It should be $mn, unless you are seeing single-digit labels on the Y-axis, in which case it should be $bn.]...
...The complaints of import-competing companies deserve more scrutiny. As do the assumptions of the current cohort of geopolitical grinches in western governments....
...Tesla is issuing a software fix for 2.2mn of its vehicles, rounding out a fraught week for the US electric vehicle maker....
...“There’s probably nothing equivalent to Y Combinator in Europe,” says Benaich. “But Y Combinator was founded in a different era. They provided a product that was unique at the time....
...As BofA puts it: Much of the firmness in March came from motor vehicle insurance, which rose 2.6% on the month and 22% y/y, and medical care services, which rose 0.6% on the month....
...Wales Bonner recycled-fabric tracksuit bottoms, £425, doverstreetmarket.com Chopard ethical white-gold and diamond pendant necklace, £3,030 Palace Cordura Y-rip holdall bag, £138...
...But Humanity 2.0 is increasingly resembling an ant colony, which can form “anonymous societies” — as Aguëra y Arcas calls them — and have a collective impulse to survive....
...The solution to these problems is, at trick 2, to duck J♣ lead....
...East should probably double this bid, asking for a club lead but, when he failed to do so, West opted for 2♥ instead....
...This story was updated after Reuters reported that Tesla had abandoned its Model 2 plans....
...At trick four, he played 2♦ and, when West followed low, he inserted 8♦ from dummy, drawing A♦ from East....
...BUY: Premier Foods (PFD) The company will cut more prices in the fourth quarter after its total market share gains rose by more than 1.2 per cent, writes Christopher Akers....
...Tesla slashed the starting price of the Model 3 sedan by 5.9 per cent to Rmb245,900 ($34,619) and cut the price of the best-selling Model Y sports utility vehicle by 2.8 per cent to to Rmb258,900 ($36,449...
...They comprise both private individuals and institutions, which may well include some charities....
...Apply that system to February 2024, UK inflation stats for which will drop next week, and you get: (4pp [Jan 2024 y-o-y rate] – 1.1pp [February 2023 m-o-m rate]) + ???...
...Patrick J Allen River Forest, IL, US...
...She’s created this, like, entire J Lo ecosystem. I know, like, the Bennifer 2.0 engagement was sent out in a video in the J Lo newsletter that you had to go to JLo.com . . ....
...East took A♠, returned 2♠, and South won deceptively with K♠ in hand....
...J Sainsbury was among the biggest fallers on the FTSE 100 on Wednesday after strong grocery sales failed to allay concerns over its struggling general merchandise business....
...The group reported margins for its auto business of 23.02 per cent last year, 2.63 percentage points higher compared with the previous year....
...Over that period the state got 2.1tn pesos back, but in two of the past three years, Pemex was a net drag on the budget....
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