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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.”...
...Iran is exporting more oil than at any time for the past six years, giving its economy a $35bn-a-year boost even as western countries discuss stepping up sanctions in response to its attack on Israel....
...a blockbuster IPO....
...I’m reporter Ethan Wu here in New York, joined from London by Elaine “Moore’s Law” Moore. Elaine MooreHi. Ethan WuAnd from New York, Robert “Value This” Armstrong. Robert ArmstrongHola....
...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....
...On a route that’s largely single track, and features a few dead ends, a lot of things go bump in the night as we decouple and shunt....
...Infrastructure is a big problem....
...Sir Robert Chote, a prominent economist who chairs the UK Statistics Authority, also resigned from the club on Tuesday morning....
...Robert ArmstrongWhat up. Ethan WuAnd from a hotel room in Chicago, Elaine “Putting the Lex into Flex” Moore. Elaine MooreHi....
...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....
...In July, the FT’s Rob Armstrong and Elaine Moore went head-to-head in a stock-picking competition, drafting their favourite stocks from the Magnificent Seven, the seven tech stocks dominating the markets...
...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....
...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....
...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....
...Marc FilippinoElaine Moore is the FT’s deputy Lex editor and a tech columnist. Thanks, Elaine. Elaine Moore Thanks so much....
...Director Robert Lorenz briefly sets Finbar to horticulture. But the simple joys of tending to broad beans are derailed by the need to mete out rough justice to a richly deserving stranger in town....
...It said China’s oil demand had normalised, after a post-Covid spurt, and that a mild winter had moderated demand....
...The call comes a year after the collapse of a £1.7bn takeover approach from US private equity firm Apollo....
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