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EU preparing to file anti-competitive charges, according to people familiar with probe
...The rise of Turkish aviation stands in sharp contrast to the picture in western Europe, where parts of the industry are in retreat....
...“Elon is hedging his bets,” said Christopher Tsai, chief investment officer at Tsai Capital, a Tesla investor....
...It’s not a totally satisfactory method (how does it account for plain old luck, for example?) but it’s often the best one can do....
...Unhedged’s view on this came in bits and pieces last week: we noted that we are seeing a broad move up, not just a tech party; that stocks are plain expensive now; that earnings are fine but not exceptional...
...An essentially American — and potently western — craving for land stoked it further. “Let us, then, not despise the plains,” wrote a journalist of the day, “but turn their capacities to best account.”...
...Think of climate change, and the mind instantly tends to go to melting ice caps, arid plains, forest fires and sinking tropical islands....
...The preponderance of the generic is a product of a particular kind of capital....
...Of course we allocate capital, but that capital allocation is mostly operational....
...I often finished a long day’s strolling: in the lounge at the lovely Hotel des Indes, sipping tea or snacking on the best bitterballen in western Holland....
...But as flexible as the IMF has been, like the rest of the global architecture, its evolution has followed the line of western power....
...“The atmosphere during the meeting shows clearly that all these nasty rumours of bickering and disagreements between European capitals are just plain wrong,” he said....
...Barclays forecasts that Tesla will print its first negative free-cashflow quarter since Q1, 2020, as bloated inventories eat into working capital....
...The costs centre on PacifiCorp, a utility that serves six western states including Oregon and California....
...Western Digital has abruptly walked out of merger talks with Kioxia, shattering Bain Capital’s ambitions to create a US-Japan memory-chip champion, according to three people with direct knowledge of the...
...The company is often described by western politicians as a “Chinese” entity....
...We’ve reached the limits of a model in which cheap capital searched for cheap labour regardless of the costs....
...Unlike plain-vanilla QE, hardly any other central banks have copied these innovations. That was a wasted opportunity....
Spread between Italian and German debt narrows as traditional core-periphery dividing lines fade
...investors should just stick to plain-vanilla funds....
...To (gu)estimate that, the IMF used a model based on the political grouping that emerged at the UN during 2022’s Ukraine vote: namely pro-western and anti-western blocs....
...Among Mondelez’s largest shareholders are Vanguard, BlackRock, Capital Group and State Street Global Advisors. All four declined to comment....
...The court is deliberating on another case, Relentless Inc vs Department of Commerce, that seeks to overturn a 40-year-old legal doctrine that says courts should generally defer to agencies’ interpretation...
...South Korean memory chipmaker SK Hynix has said it opposes a proposed merger of rivals Kioxia and Western Digital, dealing a blow to Bain Capital’s ambitions to create a US-Japan semiconductor champion....
...Capital for the loans would come from overseas credit funds and local banks, Arora said....
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