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...“We don’t see a path to profit, but we do see they will burn a lot of cash trying. GM would be better placed winding back its bet, and returning the money to shareholders.”...
...The company behind the Bored Ape crypto art craze has said it is looking into reports that some attendees suffered “eye burn” from bright light displays at an event it hosted over the weekend in Hong Kong...
...Investors in Novonix include Korean battery maker LG Energy Solutions and Phillips 66, the US oil refining group that provides a critical source of non-Chinese coke needed to make graphite from the UK’s...
...Our losses, our burn against the coupon, haven’t been that material through a cycle....
...Lions Gate Entertainment, the Hollywood studio that owns Starz, said last year that it was looking to sell or spin off the business, with vice-chair Michael Burns citing recent “transaction multiples” as...
...News round-up Activist fund Elliott seeks board seats at oil refiner Phillips 66 (FT) Castore scores £950mn valuation after Raine-led funding round (FT) Farfetch shares plunge despite talk of founder...
...Anyway, Montier is out with a new note this week, on what he calls “slow burn Minsky moments”. It’s a good one....
...International auction houses Phillips and Bonhams have offered Lee’s jewellery in sales in Hong Kong over the past few years....
...So if you happen to have an empty exhibition space, friends in South Kensington and a million quid to burn, we should talk....
...This high cash burn rate is out of step with the market environment following the biotech crash and could pose unintended consequences for Grail following a divestment, he said....
...First, Phillips (who says he’s a “huge crypto sceptic”) is worried the “let crypto burn” argument is too callous to consumers: The let crypto burn narrative I have heard is just don’t do anything, let it...
...The upshot is that today there is widespread acceptance of the need to act as forests burn, heatwaves worsen — and coastlands sink....
...Captain Arthur Phillips’ First Fleet is seen anchored in the harbour, the ships’ pennants unfurling in a stylised breeze. Encampments, garden plots and farmland dot the coast....
...On Tuesday, Reuters’ Milana Vinn reached out to a bagholder: Aliya Capital Partners LLC, one of the biggest investors that joined Elon Musk’s $44-billion acquisition of Twitter Inc, said on Tuesday it expects...
...Her running total puts sales at Sotheby’s, Christie’s and Phillips at $13.6bn, up 12 per cent from last year and already above the previous high of $13.2bn for the full year 2014....
...The latest Burns Halperin report, which tracks equity and representation in the art world, found black American artists’ year-on-year share of the market fell from an already paltry 4 per cent in 2021 to...
...of fitness enthusiasts in cities from Anchorage, Alaska, to Johannesburg descend on identically laid-out gyms where, for 45 excruciating minutes, they tackle a circuit of high-intensity exercises that burn...
...This company shares a Russian director with “Velada LLC”, which was granted a concession by the Assad regime in Syria to explore for oil and gas....
...To our minds, therefore, this is a placing that reflects material cash burn and concerns about liquidity....
...“The truth is that an 80-year-old that’s vaccinated and boosted and gets Covid most of the time has nothing more than a cold,” said Phillip Coule, professor of emergency medicine at the Medical College of...
...First, because we do not assume all flares burn gas with best-practice efficiency....
...It burns through the protective duff on top and exposes the frozen soil below, meaning blazes in the boreal emit far more carbon than those in temperate forests....
...“This is a self-perpetuating problem because when I get low on staff I have to use a travel contract, which pulls nurses from somewhere else,” said Phillip Coule, chief medical officer at Georgia’s Augusta...
...Shares in the energy group dropped 1.5 per cent following Elliott’s declaration that the company’s longstanding chief executive Alistair Phillips-Davies had widely underperformed during his eight-year tenure...
...As the inflation fire burns even hotter, the Federal Reserve will have to bring an even bigger fire hose to put it out,” said Chris Rupkey, chief economist at FwdBonds LLC....
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