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...So if you believe that we are going to draw by 2.5mn b/d [in the summer] you need some form of resupply to fill that gap,” she said....
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...John Moore Guildford, Surrey, UK...
...I’m reporter Ethan Wu here in New York, joined from London by Elaine “Moore’s Law” Moore. Elaine MooreHi. Ethan WuAnd from New York, Robert “Value This” Armstrong. Robert ArmstrongHola....
...New shareholders will own less than 2 per cent of the company and control zero voting rights. Who stands to benefit most from Beijing’s increased defence spending?...
...the duality of Salvador Dalí’s cosmopolitanism and cultural roots (€100,000-€650,000), while Galerie Mitterrand presents the hardly less surreal confections of François-Xavier and Claude Lalanne (€8,000-€2.6m...
...This article has been corrected from a Maruwa market capitalisation of $28bn to $2.75bn....
...The partnership plans to inject more than £2.4bn over the next four years into its operations, funded by internally generated cash flow....
...Core inflation, which excludes volatile food prices, rose 2.8 per cent year-on-year in February. Wages and markets have responded....
...For many decades, the ratio of children born in Japan out of wedlock has hovered just above 2 per cent — the lowest of all OECD countries, where the average rate is about 42 per cent....
...It doesn’t take long to establish that Teide’s visitor numbers are comfortably offset by this area’s sheer enormity, nor indeed to be reminded that even down here I’m still 2,300 metres up....
...But the central bank’s governor, Kazuo Ueda, signalled that borrowing costs would not rise sharply since inflation expectations had yet to be anchored at its 2 per cent target....
...The stock briefly rose more than 2 per cent on Thursday....
...The broader Topix index, which includes hundreds of smaller companies and gives a much heavier weighting to banks and financial companies, also rose strongly on Friday, hitting its own 34-year high of 2,576...
...Masashi Akutsu, chief Japan equity strategist at Bank of America, on Monday raised his year-end forecasts to 41,000 for the Nikkei and 2,850 for the Topix, compared with 39,098.68 and 2,660.71, respectively...
...Last month, the group said it expected its annual net profit to increase 31 per cent from the previous year to ¥354bn ($2.4bn) while revenue is forecast to slip 0.9 per cent to ¥3.4tn....
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