Hints and tips:
...And one smart listen: The FT’s Myles McCormick joins the FT’s Behind the Money podcast to discuss why Big Oil is betting on a dealmaking frenzy. Listen here....
...“If western banks no longer finance Russian oil and gas business, then more lending is channelled into other industries and larger companies,” said Baptiste Audren, chief revenue officer at Komgo, a trade...
...BP, the former Anglo-Iranian Oil Company, absorbed Burmah in 2000. Distillers Company was bought by Guinness in 1986 which ultimately became Diageo with the merger with Grand Metropolitan in 1997....
...We need more companies to join in that....
...“Although you can control a museum during your lifetime, it becomes very difficult after you’ve gone, and then there are the considerations of insurance, access and conservation.”...
...They’re trying to convince these financial institutions that they shouldn’t provide these oil companies with the funding and insurance that they need to pull off the project....
...A huge chunk of that — Rs205bn — came from the sale of a 3.5 per cent stake in state-run Life Insurance Corporation (LIC) in May through a long-delayed initial public offering....
...The factions backing Donnet and Cirinà are roughly balanced, with each controlling about a fifth of the company’s voting rights....
...But one of the jewelled eggs was bought in 2004 by the now sanctioned oil and gas mogul Viktor Vekselberg, who later passed its ownership to a company registered in Panama, Lamesa Arts Inc; it is usually...
...But life here is about to encounter a new threat, as the $10bn Lake Albert oil project run by French oil company TotalEnergies and Chinese state oil developer Cnooc roars into life, after a final investment...
...Meanwhile, Twitter is edging closer to accepting Elon Musk’s $43bn bid to buy the company....
...Charlie researched loads out of Ukraine — it would be worth the lorries being shot up, they said, for the insurance. They were not entirely joking....
...He hasn’t announced a blank-cheque deal since January, when his Social Capital Hedosophia Holdings Corp V announced a tie-up with the digital lender SoFi....
...Called Art Intelligence Global — or AIG, but not to be confused with the insurance company — they are joined by another former Sotheby’s senior staffer, Adam Chinn....
...two weeks ago announced a merger with its insurance affiliate, Athene....
...Japanese insurer Tokio Marine has said the insurance policies at the heart of the Greensill Capital collapse may not have been valid, as investors pressed the company to detail its exposure to the lender...
...The rebound in macro data, which has given hopes of a V-shaped recovery, could prove to be an illusion and the recovery will slow down.”...
...Letter in response to this article: Oil price crunch could be bad news for Russia / From Andrei V Belyi, University of Eastern Finland...
...It means faster closures of aircraft and car factories and the writing down and write-off of more coal oil and gas investments....
...pay the same tax as small local companies....
...It said companies were facing challenges bringing staff back to work, because of health concerns, the difficulty in obtaining child care, and “generous unemployment insurance benefits”....
...According to someone who has seen the paperwork, Washington plans to offer financing and insurance for US companies doing business in the Iraqi power sector....
...Alan Ruskin at Deutsche Bank argues that optimism in an eventual V-shaped recovery is “next to impossible when the real economy is only starting the downside of the V at a historic pace of descent....
...CIB missed on lower EQ revenues, while Insurance & Corporate Center beat. Payments were line....
...• Funds flow to equities relative to bonds has never held up this well (given performance and low bullish sentiment) because: i) bonds risk no longer diversifying, and ii) pension/insurance companies’...
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