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...“Whilst I’d like to see some kind of kinetic action against the Behshad, I’m not sure we’ll see that in the near term,” he said. Additional reporting by John Paul Rathbone in London...
...Sometimes this blurring of lines was obvious....
...Also, Citi’s de-risking seems at least partly shown by the best-in-class performance of its bonds during 2023, which now trade in line w/the other big 6 banks and better than regionals....
...Here’s the 2024 guidance in full from the corrected release, with the relevant line highlighted. In what world could 500bp be right?...
...Because, at the time, Uber generally hid exact delivery locations from couriers after they’d completed their trips, it was hard for them to confirm how far they’d gone....
...I’d be happy to come by the Commons and talk about them if it would be helpful. WhatsApp to WesPeter: Tuesday at 4? Great....
...And yes, they’d be right. A PIK note tends to give the issuer options....
...Then I read W. Brian Arthur’s paper “Increasing Returns and the New World of Business”....
...Its $416.8bn mutual fund line, meanwhile, leaked $25.5bn, the database shows....
...I’d bet, without much confidence, that it will be less than that. Yen: it’s all about US The Bank of Japan has left negative interest rates behind, yet yen weakness continues unabated....
...Suffice it to say that when Facebook IPO’d, the big worry in the analytic establishment was whether it could monetise on mobile devices....
...We navigated points and lines and the realities of planar geometry. For self-defence, I’d printed a copy of the district court’s decision, words on a page, and holstered it in a manila folder....
...Buffett considers that figure to be “worse-than-useless”, given accounting rules require the company to include the quarterly swings in value of its $354bn stock portfolio in its bottom line....
...People passing cooking hand-to-hand in an unbroken, evolving line....
...A soothing chart from Pantheon Macroeconomics (the green line refers to an abrupt 0.6 per cent jump in homeowners’ imputed rents): Put simply: we are more relaxed than the bond market....
...The company spent billions of dollars acquiring truck-stop operator Pilot Flying J and insurance conglomerate Alleghany in recent years, adding them to a portfolio that includes ice cream purveyor Dairy...
...We’ll be there, so please drop me a line: amanda.chu@ft.com....
...And the contract says, I’m going to buy your restaurant for $1mn, and I’d write you a cheque. You’d get the money, I get the restaurant, and we would go on our separate ways....
...In the 1950s, he used charcoal for economy, and because “I felt I’d been exposed, that in public I’d put on a costume of thick paint and earthy colours, I was imitating myself”....
...Better to take bids for quick passage than to force everyone to queue or to encourage bribery by shipowners, like diners greasing the palms of restaurant maître d’s for prompt seating....
...But I’d be stunned if they didn’t ask for a fee, in whatever form, worth multiple billions of dollars.”...
...When you look at George W’s presidency, you don’t just think about W, you think about on the foreign policy side, Condi, Rumsfeld, Powell. You think about the people around them....
...The US electric-vehicle maker Rivian said it will make 2,000 more trucks, vans and SUVs than originally planned this year, accelerating output after improvements along its production lines in the second...
...Under occupation, the Nazis initially used it as a truck depot, later to exhibit propaganda....
...Ericsson’s Finnish rival Nokia has taken a similar approach, launching its ReefShark line of system-on-chip (SoC) products in 2018....
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