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...“We’d be looking to cut a lot of that spending.”...
...Chief executive Bob Iger returned a year ago to turn the company around, and has cut some 8,000 jobs in a move to slash costs....
...US benchmark West Texas Intermediate fell 2.5 per cent to $76 a barrel....
...The project, which is heavily sanctioned by the US in an attempt to curb Moscow’s influence on global energy markets, could significantly increase Russia’s share in the global LNG market....
...Buyout firms promise to cut labour costs and, in effect, provide publicly traded companies a way to distance themselves from social-impact risks....
...Uncertainty around the order has curtailed American LP interest in China....
...People close to Opec+ also suggested that there are tensions in the group over members exceeding production targets, despite agreeing to tighter curbs in June....
...Brent crude slumped 4 per cent to $75.65 a barrel while West Texas Intermediate, the US equivalent, fell 4.8 per cent to $70.25....
...US benchmark West Texas Intermediate was up a similar amount near $71 a barrel....
...Power Points EU ports help sell on more than 20 per cent of LNG imports from Russia, despite Europe’s efforts to curb Moscow’s revenues....
...Riyadh’s extension until December of a 1mn barrel a day oil cut, in addition to further cuts under its Opec+ target, has compounded Moscow’s move to limit exports and pushed prices for Brent crude, the international...
...The Stoxx Europe 600 slid 1.3 per cent, lead by declines for basic materials stocks, as investors feared an extended period of higher interest rates would curb economic demand....
...Brent crude, the international benchmark, added 1.9 per cent to $76.10 per barrel, while US marker West Texas Intermediate rose 2.1 per cent to $71.21....
...Fund managers have cut their allocations to commercial real estate to their lowest level since the 2008 global financial crisis, according to Bank of America’s monthly fund manager survey....
...In today’s newsletter: Dealmakers walk a geopolitical tightrope in Hong Kong Vivendi hits back at Telecom Italia’s board Consultancies curb new hire salaries A powerful LP in a complicated world In...
...“We are proud that Breit has generated strong performance across market cycles,” Blackstone said in a notice about the March withdrawal curbs....
...of China’s economy following years of Covid-19 curbs....
...The US central bank has taken interest rates up from near zero in early 2022 to a “target range” of 5 per cent to 5.25 per cent in an attempt to curb inflation....
...It has also said it wants to curb corporate power more broadly....
...said the head of one Sequoia LP, a sovereign wealth fund....
...Chief executive Chris Doyle wants to cut that to four....
...His plans to radically cut public spending and dollarise the country’s ailing economy have shaken the country’s fixed income and currency markets....
...Its margins have trailed rivals and Schwartz could be forced to make potential cuts....
...But the search giant has a problem: it develops much of its own technology, and it’s already under regulatory pressure to curb its power, the FT reports....
...Republicans are demanding deep cuts to many government programmes over 10 years, while the White House wants to see more modest curbs over two years....
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