Hints and tips:
...“And maybe OCI stays with a piece or two pieces and it becomes a cash cow, and becomes a machine for further investment. We’re quite open-minded.”...
...One of the trends that we have seen this year is that more investors are going for cash, or cash equivalents....
...The company did not say when it expected the deal to complete. It was not immediately clear who would run the merged company....
...First Horizon chair and chief executive Bryan Jordan told analysts that “we pursued every possible path to complete this transaction without success”....
...The problem back in March was that a lot of the regional banks were seeing deposit outflows as customers took cash out to pay for things [amid rising prices] or they were moving cash into money market funds...
...Overnight, three American soldiers have been killed in Jordan by an Iranian drone, the latest sign that the Israel-Hamas war threatens to boil over into a larger conflict....
...The emergence of Risc-V has reopened the door for companies to compete in the CPU market....
...For longer stays, the Horizon Club Junior suites are like little apartments, complete with slick kitchenettes and dining areas....
...His rivals, like McEnroe, Lendl and Pat Cash, were “more personal” — “You had to separate us because otherwise there was a punch.”...
...(Lilah laughs) It’s like Act V, Macbeth, and nothing good happens in Act V of Macbeth....
...“A V-shaped recovery is extremely unlikely.”...
...As ever, reach out to us with your thoughts (imani.moise@ft.com and sid.v@ft.com). Thanks, and happy reading....
...And so, you know, the main thing to understand about SVB is the S and the V — Silicon Valley, right? It’s taking deposits from Silicon Valley start-ups....
...As always, reach out to us at imani.moise@ft.com and sid.v@ft.com with thoughts and topics....
...Wyman’s history does not attempt a complete explanation of the great divergence — there is no single explanation....
...Or why not buy your own island, complete with villa?...
...It will soon be eclipsed by Aphria and Tilray, once they complete their merger, with roughly $700m of annual sales....
...Chinese companies need a back-up chip architecture, as do Nvidia’s US rivals, and Risc-V is Arm’s obvious replacement....
...Yang says it is less about needing capital — Babel Finance is “very profitable” with strong cash flows....
...The cash paid for technical experts who analysed Peaty’s posture, allowing him to make infinitesimal improvements to his stroke to add power and reduce drag....
...“I can’t imagine a complete V-shaped recovery, and it will be more like going back and forth at the bottom of a U-shaped recovery,” Mr Kakiuchi said....
...For the record, Lex is flying Air Jordan through current turbulence....
...Cash from a sale would soften the financial impact of Covid-19. Partners took a pain-sharing 20 per cent pay cut this year....
...With cash swirling around the sport, teams increasingly made so-called “factoring” deals, borrowing against their future income to secure cash up front....
...And there is little point building a fast car that can’t complete a race. The opening Grand Prix will begin to answer important questions....
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