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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 question for the Biden administration is whether they have any incentive to utilise the sanctions architecture that the Trump administration used to take down Iran exports by 1mn b/d,” said Helima Croft...
...The warning came in an open letter to politicians signed by leading industry figures, including veteran media executive Dawn Airey, broadcaster and historian David Olusoga and designer Thomas Heatherwick...
...The development of BBC AI products through its own R&D team would probably involve utilising “open source” — or publicly available — AI models, said a person close to the situation....
...elaine.moore@ft.com...
...As Moore’s success grew, so did the estate. When he died here in 1986, he’d accumulated 72 acres and a complex of studios....
...this year and 1.8mn b/d in 2025....
...(In fairness, they’d been saying the same thing six months before and it had come to nought). Three months later and it feels somewhat different....
...[MUSIC PLAYING] The US Securities and Exchange Commission OK’d the first spot bitcoin exchange traded funds yesterday. But this time it was for real....
...Have a great week, Helen ThomasHead of Lexhelen.thomas@ft.com...
...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....
...“We didn’t think that we’d be profitable this fast,” he told the Financial Times. “We’re at the beginning part of the journey....
...Les Amazones D’Afrique’s new album, Musow Danse, opens in a squall of distorted likembé, or thumb piano, from Levy Ekofo....
...And my expectation in that scenario would be that you’d see some pretty violent moves in the markets to go back to the bad old days of high inflation, low growth....
...I’d be up for a real Broadway comedy . . . ” To April 6, anenemyofthepeople.co.uk...
...When I’m dropped off at my hotel in Garachico, the suitcase I’d left at a reception desk in San Cristóbal de La Laguna that morning magically awaits....
...By the time it was published in Esquire magazine in 1975 as “La Côte Basque, 1965”, the women he’d dubbed his “swans” flocked together against him....
...No one knows, very much including Tilson Thomas. At the very end, after all the flowers and ovations, he quieted the crowd and spoke softly. He said he’d be back....
...So on behalf of the team, I’d like to wish you a peaceful and happy festive season. Elaine MooreDeputy head of Lex...
...Thomas Jefferson didn’t think so, writes Moore, which is why the Declaration of Independence numbers “the pursuit of Happiness” among man’s inalienable rights, rather than “property”, as appeared in an earlier...
...I remember hiding in a toilet for most of the night once when I found myself next to a man I’d never met before who kept insisting I must be pregnant, an alcoholic or both!”...
...And he’d left when I got appointed to run the whole company.” Away from the boardroom discord, Stringer had arrived in New York at the right time....
...So you’d expect us to be out of that position sometime around then.”...
...Another is to what extent the Big Four, of Deloitte, PwC, EY and KPMG, are simply jacking up audit fees for business they’d rather not take on....
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