Hints and tips:
...Russia said its 300,000 b/d export reduction would also stay in place until December....
...But the A shares can’t go against what the majority of what the B shares want to do.” Chris LaFemina, mining analyst at Jefferies, is also a supporter....
...Teck’s restructuring proposal would have required two-thirds approval from both the common class B shareholders and the class A supervoting shareholders....
...“Improving order entry and our continued focus on winning share in strategic markets are resulting in better than expected first quarter guidance,” US Steel’s chief executive David B. Burritt said....
...The rating agency cut First Republic to B from BB, having downgraded it from an investment grade level of A- a week ago. Fitch said there was a “heightened probability” of further downgrades....
...The rating agency cut First Republic to ‘B’ from ‘BB’, and having downgraded it from an investment grade level of ‘A-’ a week ago. Fitch said there is a “heightened probability” of further downgrades....
...Any increase in output would loosen the market after the Opec+ group, including the cartel and allies such as Russia, said in October they were cutting production targets by 2mn b/d to support prices — a...
...Michela TinderaSo, Simeon, basically Qatar had to address these labour issues otherwise they’d a) risk the Cup flopping or b) risk losing other alliances, too....
...Additional reporting by Jaren Kerr...
...Working on a plan B, government officials, regulators, UK Finance and executives at the state-owned British Business Bank focused on ways to provide a lifeline to companies, through state loan guarantees...
...S&P Global reaffirmed its sovereign credit rating of “B-/B” and said it expected external resources to remain “under pressure”, even after an expected IMF disbursement of $1.3bn....
...In August, as the US state department approved a $3bn missile sale for the kingdom’s Patriot air defence systems, Opec+ raised its output target by just 100,000 b/d, one of the smallest increases in its...
...iMile, which boasts TikTok as one of its investors, has rapidly grown since its formation in 2017, tripled revenues since last November and is now looking to close a Series B funding, drawing on major Chinese...
...UK beauty retailer SpaceNK, whose first celebrity brand was Kora Organics by Miranda Kerr, says it now does a brisk trade with the 11 celebrity or influencer brands it has in stock....
...News clipsM-B-Z . . . They call him MBZ because it’s easy to remember. His name is Sheikh Mohammed bin Zayed al-Nahyan . . ....
...By January the group’s total production was 900,000 b/d below its target, according to the International Energy Agency....
...News clipsM-B-Z. They call him MBZ because it’s easy to remember. His name is Sheikh Mohammed bin Zayed al-Nahyan . . ....
...The FT’s Simeon Kerr describes this latest assault as unsettling but not a major concern....
...And so once you get into that place, it’s very easy to be pulled along a) by the loudest voices in your own party and b) by the political arguments about cost....
...The UAE has raised production capacity in recent years to close to 4m b/d and envisions a further increase to 5m b/d, under a plan spearheaded by Sultan Al Jaber, head of the Abu Dhabi National Oil Company...
...In business school, many McKinsey consultants undoubtedly would have read the classic 1975 paper “On the Folly of Rewarding ‘A’ While Hoping for ‘B’”....
...And unlike some global oil executives who believe demand may have peaked, he expects global consumption to recover to 105m b/d by 2030 — more than its lofty pre-pandemic levels of about 100m b/d....
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