Hints and tips:
...Analysts warn current oil prices could start to put financial pressure on some producers, especially after oilfield services inflation raised their so-called “break-even” price, the level they need to cover...
...Amazon, Microsoft, Meta, Google parent Alphabet and music streaming service Spotify are among the companies that have signalled plans to strike such a balance this year....
...The two hedge funds — Odey European Inc and OEI Mac, were subsequently suspended....
...To boost their pricing power, oilfield service firms need to team up....
...Jason Gabelman, an analyst at TD Cowen, said the deal would most likely allow Exxon to “sidestep a potentially difficult process of building its own CO₂ pipeline in service of its own CCS ambitions” and...
...News round-up Odey Asset Management in talks with SW Mitchell over Oliver Kelton’s funds (FT) Sam Bankman-Fried fails to dismiss criminal charges related to FTX (FT) US electric vehicle start-up Lordstown...
...“We are seeing a lot of depression, anxiety, suicidal ideation, eating disorders and self-harm,” says Dr Thomas Ricart, chief of adolescent services at Carrier....
...There, hackers gained access to customer data with a stolen username and password used by an outside information technology service provider....
...“It’s a bad omen for digital advertising at large,” said Evelyn Mitchell, analyst at Insider Intelligence....
...tom.mitchell@ft.com...
...Running out the clock The University of Texas has used its lucrative swath of America’s largest oilfield to build an endowment that rivals Harvard....
...Plus, the FT’s Beijing Bureau chief, Tom Mitchell, explains how the Chinese government might orchestrate the slow-motion collapse of indebted property developer Evergrande....
...Tencent, which also operates the popular WeChat messaging app and one of China’s largest online payment services, proposed the merger in October, just weeks before Xi’s administration blocked a $37bn initial...
...The Securities and Exchange Commission has scrapped the portion of the proposal that would have forced proxy advisers — led by Institutional Shareholder Services and Glass Lewis — to submit their voting...
...Chinese officials realise that they cannot count on US multinationals to deliver in the same way that EU Inc did during the CAI negotiation process....
...But Wall Street’s newest land rush worries Bobby Rozen, who helped design the low-income housing tax credit programme when he was an adviser to Democratic Senator George Mitchell in the 1980s....
...The SFO’s Unaoil case triggered a string of criminal investigations into engineering and oilfield service companies thought to have dealings with the company....
...The North Face refused an order from Innovex Downhole Solutions, a Houston-based oilfield services group, for about 400 company-branded North Face jackets that it intended as gifts for staff....
...Salesforce.com, VMware, Dell and HP Inc also report....
...Devon was an early US shale pioneer, buying Mitchell Energy — one of the patch’s original developers — in 2002, years before US oil and gas output began to soar....
...The low-earth orbit satellite operator emerged from Chapter 11 bankruptcy protection on Friday and aims to launch a global commercial internet service by 2022 focusing on remote areas. 5....
...The effect grows as more middle-aged people subscribe to streaming services: if you want to be reintroduced to Joni Mitchell’s 1974 album Court and Spark, as I did this week, it is simple....
...“We have had no choice but to scale down our work,” says the charity’s chief executive Michelle Mitchell....
...The sector is instead dominated by e-wallet services provided by tech companies Alibaba and WeChat, which hold more than 60 per cent of the market....
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