Hints and tips:
...A Woodside-Santos deal would mean four players have been collapsed into one in a short space of time....
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...Coatue Management managing director Aaron Weiner is leaving the group to start a new hedge fund, Bloomberg reports....
...(Pimco) — The PagerDuty CEO who quoted Martin Luther King in her mass sacking email is v v v sorry....
...I think a lot of people were anticipating a V-shaped recovery . . . People are now waking up the realisation that volatility is going to be normal going forward.”...
...Canadian investor Brookfield Asset Management and US-based EIG Global Energy Partners are set to take over one of Australia’s largest energy companies, in an A$18.4bn ($11.8bn) bid for what they call a “...
...“It left a bad taste in the mouth for many people,” said Froilan Calilung, who teaches political science at the University of Santo Tomas in Manila....
...The New York-based fund predominantly manages the money of its Brazilian founding partners and their high-net worth friends, which in addition to Mr Buffett includes Colombia’s Santo Domingo family and tennis...
...A version of this article was first published by Nikkei Asia on July 19. ©2022 Nikkei Inc. All rights reserved....
...Let us know what you think at imani.moise@ft.com and sid.v@ft.com. A programming note: FintechFT will take a one-week break in observance of the Easter holiday. The next issue will be April 25....
...‘Perfect scenario’ Those look like V-shaped projections, Andrew Glenn thought to himself....
...Matt Zames is stepping down as president of private equity group Cerberus Capital Management after three years in the role....
...BlackRock’s backing came after it was lambasted for voting against two landmark environmental resolutions at Australian oil companies Woodside and Santos earlier this year, despite chief executive Larry...
...BlackRock was criticised this year for failing to support several climate-change resolutions, including at Santos and Woodside Energy, the Australian oil companies....
...If there is a sense from this earnings season that confidence in a V-shaped recovery for profits is misplaced, then the impact will probably be hardest on companies with weak balance sheets, and on those...
...Mark van Baal, founder of Follow This, which has filed climate-target resolutions for the upcoming annual meetings at European oil companies including Shell and Total, said BlackRock rarely went against management...
...In short: it is not clear what levers there are left to pull for management teams to get their businesses out of the red....
...and Washington told the FT that Donald Trump vented in “apoplectic” fury at Boris Johnson over Britain’s decision to allow China’s Huawei a role in its 5G mobile networks, and activist hedge fund Elliott Management...
...“This is not going to be a V-shaped recovery from here given the many months [or] years it will take for full repair, but it feels good now.”...
...Going forward, the federal government has ordered that only Euro-V standard fuels can be imported. Elsewhere, banks have announced policies to end financing for coal-powered plants....
...Passive fund management is a big success built on a big fallacy. The late Jack Bogle’s sales pitch encapsulates it: “Don’t look for the needle in the haystack. Just buy the haystack.”...
...On the last Sunday of April 2019, a sleek Gulfstream V jet belonging to Occidental Petroleum touched down at Omaha airport....
...Xerox wants to give HP’s board its walking papers We’re all guilty of overusing the David v Goliath trope but in the case of Xerox and HP, it really does apply....
...(FT, HBR) If you want to know where climate policy might be heading in America, the New York Times has a great recap of last week’s Democratic Party climate crisis debate....
...RBC doesn’t like JD Sports: JD Sports has a strong track record and management team....
International Edition