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...Last year, Aramco acquired a 10 per cent stake in Shenzhen-listed Rongsheng Petrochemical for $3.6bn and entered a venture with two other Chinese companies to build a 300,000 b/d refinery and petrochemicals...
...The $3tn to $4tn it will cost each year come in a different macro environment.”...
...a blockbuster IPO....
...elaine.moore@ft.com...
...Moore would tap on the window and watch a herd of sheep, owned by a local farmer, drift towards the sound. They became the subject of a huge body of work, including Sheep Piece (1971-72)....
...The world’s largest commodity traders are investing heavily in data processing and analysis in a race to develop a technological edge over rivals....
...Details: Tim Moore was a guest of Belmond (belmond.com)....
...Dear reader, Here’s a puzzle. Electric car company Tesla presents a terrible set of first-quarter earnings and is rewarded with a 10 per cent share price jump....
...Infrastructure is a big problem....
...Analysts predict a recovery. The company posted a 1.6 cents loss per share in the nine months to the end of 2023....
...Smalley, whose career includes a stint as HR director at Whitbread, joined AG Barr’s board last June. The near-150-year-old business is going through a transformation....
...StanChart shares rose on the morning of its annual results last month, when it announced a 50 per cent dividend hike and a $1bn (£787mn) share buyback programme....
...toddlers in a trenchcoat....
...It said China’s oil demand had normalised after a post-Covid spurt and that a mild winter had moderated demand....
...The transaction pushed the share price to a six-year high, making a healthy return for Berman and Mann....
...It now has a price target of $100 for the stock, which would generate a 21.6 per cent return on Fearon’s purchase if met....
...The cuts have crimped production of crude by some 5.3mn barrels a day, or about 5 per cent of global supply....
...The call comes a year after the collapse of a £1.7bn takeover approach for Wood from buyout group Apollo....
...A section about Andrew Mitchell You’ll have noticed that Andrew Mitchell, the Tory MP for Sutton Coldfield and deputy foreign secretary, rocked up to the latest meeting: On top of his other duties, he’...
...Of course, even with more than 10,000 people cheering, it’s not easy to turn a tech conference into a rousing cultural event. Harder still when you are a chip design company....
...A key difference is that Moore’s Law is a function of time, but Wright’s Law is a function of activity: the more you make, the cheaper it gets....
...Mitchell Labiak...
...Marc FilippinoElaine Moore is the FT’s deputy Lex editor and a tech columnist. Thanks, Elaine. Elaine Moore Thanks so much....
...Joining me now is the FT’s Elaine Moore. She’s a technology columnist and the deputy editor of our Lex column. Hey, Elaine. Elaine Moore Hi....
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