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...When we put prices out we found it difficult to sign these agreements,” he said, adding that the current price compared to a $200-$400 barrel of oil....
...Bank of Ireland is racing to avoid a loss on a loan against No 1 Poultry, the postmodern pink block that houses City restaurant Coq d’Argent, in a sign of the extent of the challenges for the London office...
...By the autumn, the price had been reduced to €1.95mn “Today, we’re talking about a price of €1.85mn,” he says....
...Then I’d kick back with friends and contemplate the beauty of western civilisation. I’m in awe of Washington, this handsome city, the cultural capital of the USA....
...Still, where the data suggest that Wright’s Law holds strongly, governments can drive down prices by subsidising production or demand, one way or another....
...this year and 1.8mn b/d in 2025....
...When it comes to higher-end homes across the Côte d’Azur, prices experienced zero growth in the year to June 2023, according to Savills’ Prime Residential Index....
...“I’ve always said I’d love to be president, but you’d have to anoint me, folks,” Dimon said, to laughter from the crowd....
...An oil price range of $80 to $100 per barrel “feels like a sensible range”, the chief executive of Dutch oil trading company Vitol told the FT’s Commodities Summit on Tuesday, as global oil prices traded...
...JPMorgan boss Jamie Dimon said he’d “love” to be president but he’d have to be anointed. Until then, he’d like the next president to put members of the opposing party in their cabinet....
...One: it doesn’t look like much but you’d miss it if it went. Two: it does a vital thing (decreasingly well, but it still does it)....
...attempt to prop up prices....
...“Oil prices are a lot more stable . . . but they want to ensure the stability continues,” she said. Saudi Arabia has shouldered most of the curbs, having cut its production by 1mn b/d since July....
...Eventually, she’d like to add objects, such as glassware and ceramics....
...These have picked up markedly in recent years, from a low of about 400,000 b/d in the pandemic year of 2020 to about 1.4mn b/d recently, according to Richard Bronze at Energy Aspects....
...When Uber announced its first buyback programme last month, the share price rose 15 per cent. The DoJ case takes aim elsewhere, of course....
...At R118 they remain below the offer price, pointing to the hurdles that Canal+ is facing to close a deal....
...In Russia and Saudi Arabia alone about 4mn b/d exists. That is not far from decade highs, on Citi’s data. That potential world supply will act as a cap on prices for at least the coming year....
...But copper miners may be a better strategy: historically, they have outperformed the spot price of copper....
...He added: “If I was a BHP shareholder and I was still capable of doing a cartwheel I’d do two if I got it at this price.”...
...US production rose by roughly 1.5mn b/d to a record 13.5mn b/d in 2023 while that of Iran increased to an average of roughly 3.9mn b/d from about 3mn b/d a year earlier, said Claudio Galimberti, North America...
...“I’d put Vertex in my pharma top three [to invest in].” This year, Vertex’s market capitalisation surpassed $100bn for the first time....
...Now the US produces almost 20mn b/d of petroleum, roughly on par with consumption. Imports from the Gulf have plummeted, and the US became a net oil exporter for the first time in 2019....
...It trades at a forward price earnings multiple of 11 times. Roche and AstraZeneca trade on 12.4 and 16.56 times respectively....
...The big one, of course, is interest rates, when they start to come down . . . we’d expect to see a more exuberant return to shopping.”...
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