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...Its operating margin dropped to 9.2 per cent in 2023, down from 17 in 2022. The fierce competition and smaller profits are also affecting companies in the EV supply chain — notably battery makers....
...Last year, the company began experimenting with a special by the comedian Chris Rock and it intends to stream a live exhibition tennis match between Rafael Nadal and Carlos Alcaraz in March....
...It emerged out of a joint venture between CrownQuest and private equity firm Lime Rock in 2007....
...It is led by Tim Dunn, a prominent conservative political donor, and backed by the private equity group Lime Rock Partners....
...The company’s operating permits in most cities require it to indemnify local authorities against such lawsuits, contributing to “significant litigation expense each month”....
...He added that while the losses were material to Berkshire’s earnings — the energy unit’s operating profits fell 40 per cent last year to $2.3bn — they did not threaten the larger company’s viability....
...It sprung out of a joint venture between CrownQuest and private equity house Lime Rock in 2007....
...“I would actually like to think that we’re the good guys,” Corey Grindal, chief operating officer of Cheniere Energy, told the Financial Times....
...Most of Bermuda’s fresh water is locked underground in an aquifer, a layer of water-bearing rock sometimes referred to as a lens....
...The company also produces batteries for cheaper Teslas, which are benefiting from the IRA, at its Nevada factory. Panasonic is investing billions to build a plant in Kansas....
...The oversupply has left the sector operating well below full capacity, with global utilisation rates dropping from about 90 per cent in 2019 to below 82 per cent last year as prices tumbled....
...A version of this article was first published by Nikkei Asia on January 3. ©2023 Nikkei Inc. All rights reserved....
...“Yet sometimes it feels easier to fund Mars exploration than to clean up water here on our own rock.”...
...A joint venture of private equity group Lime Rock and conservative oil billionaire Tim Dunn’s CrownQuest, the group pumps less oil than the others — but is actively weighing a sale, according to people familiar...
...Operating margins at its beef business, its largest unit, was a negative 6.4 per cent for the fiscal fourth quarter that ended on September 30....
...France has ruled that funds operating under its “socially responsible” ISR label will, from the start of 2025, be barred from investing in any companies that launch new hydrocarbon exploration, exploitation...
...Having started off with a small oilfield in his homeland of Greece, the company acquired the Karish field in 2016 as Israel looked to diversify the groups operating in the country....
...NHS England said the software would enable staff to “plan and maximise resources such as operating theatre and outpatient clinic time to ensure patients receive more timely care”....
...Brookfield is already present in the UK’s onshore wind market, having kept hold of some farms in development after selling a handful of operating wind farms in 2021 to Danish company Ørsted....
...“They can hit one turbine but 49 would still be operating,” Timchenko said....
...LGES reported a 40 per cent jump in third-quarter operating profit to Won731bn ($543.5mn) after it increased production at its Ohio plant with GM....
...“All you gotta do is plug me in . . .” sang Bon Scott of rock band AC/DC. The same applies to high-voltage power generation....
...A version of this article was first published by Nikkei Asia on January 31. ©2024 Nikkei Inc. All rights reserved....
...In its accounts for the year ending December 31 2021, Ineos Nitriles said it sold carbon credits worth £14.9mn during the year, helping it post a £25.8mn operating profit....
...Enbridge is best known for shipping oil, operating the world’s longest crude and liquids pipeline system....
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