Hints and tips:
...Over more than four decades on Berkshire’s board, his work alongside chief executive Warren Buffett helped transform a struggling textile maker into one of the world’s most valuable companies....
...The private credit premium is simply compensation for doing all this work — “economic rent” in economist jargon. Hanig notes that the premium is larger for smaller loans....
...Metals and other commodities also fell sharply....
...Here, screeched heavy metal vocals morphed to velvet croon and dulcet strums gained acid bite....
...What we are seeing now is a dramatic regime shift in what works in markets, triggered by the resurgence of inflation and central banks beginning to tighten monetary policy....
...But our priority, as long as it works, is to get our raw materials from Ukraine,” he added, given its proximity....
...News round-up Telecom Italia: company break-up brings KKR back in play (Lex) Chinese metals group wins respite from banks on nickel bet (FT) Law firm DLA Piper to exit Russia as industry split deepens...
...Rio has funded Oyu Tolgoi LLC, the joint venture company developing the project, through shareholder loans....
...Once the underground expansion is complete it will be among the biggest copper mines in the world, capable of producing almost 500,000 tonnes of the metal per year....
...“The future of Liberty’s strategic steel assets must be secured and we are ready to work with all stakeholders to find a solution.”...
...Overhead, the arms of the metal chandelier hanging from the white-painted, wooden-beamed ceiling are wrapped in faux ivy....
...Apollo created Athene in 2009, putting clients’ capital to work buying corporate debts at beaten-down prices. The insurance start-up was a runaway success, quickly becoming Apollo’s biggest client....
...Smart reads Inside ‘WhiteRock’ Essma Bengabsia was one of the first hijab-wearing women to work on the trading floor of the world’s largest fund manager until unchecked discrimination became too much to...
...Tall, with a knotted ginger beard and a taste for heavy metal, Bowman doesn’t look like the soppy type....
...It works by creating a new fund, controlled by the same private equity group, which raises money from specialist investors and then buys the company or group of companies from the old fund....
...But first it would sell those same plants the steel to make the pipes — at a huge mark-up from the price it had paid for the metal....
...My favourite titles of 2019 took apart the rule book, questioning received ideas about how games are supposed to work....
...Brexit immigration app lets hackers in A smartphone app developed by the UK's Home Office to help European citizens apply to live and work in the UK after Brexit has serious vulnerabilities that could allow...
...We have a lot of work ahead of us. The work won’t be easy. The path won’t always be smooth. But we will prevail. No excuses.” Find out who the winners and losers from the WeWork rescue are here....
...She currently works at News Corp. Before that, she held various positions at Skadden Arps, Slate, Meagher & Flom. Citi Private Bank has made three new hires....
...Glass Lewis, a proxy adviser that works with more than 1,300 big investors globally, called on shareholders to vote against the Anglo-Australian group’s pay report....
...He (it is almost always a “he”) is around 40 and has spent the previous decade flying every week to the Rust Belt performing due diligence on various metal benders....
...Mr Khan, who is married to his university sweetheart, graduated with a degree in industrial engineering before he was 20, and then snagged a job at a metal shop that dealt with farm equipment....
...It works like a magnet on the market price as it now trades only a little more than two dollars below at $67.20....
...The index for Australian gold miners was near a five month high on Wednesday as the price of the precious metal hovered at its highest point in a year....
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