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EU preparing to file anti-competitive charges, according to people familiar with probe
...“Given the improving sentiment, the appetite and demand for Chinese IPOs in growth industries should be better than before,” said Jerry Wu, lead fund manager at the Polar Capital China Stars Fund....
...The goal is to attract additional overseas capital to Saudi Arabia and deepen its capital markets through a range of investment funds managed by BlackRock....
...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...
...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....
...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.”...
...to sell their oil, with refiners taking the lowest bid”, BMO Capital Markets analysts wrote....
...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....
...The rise of Turkish aviation stands in sharp contrast to the picture in western Europe, where parts of the industry are in retreat....
...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....
...“Elon is hedging his bets,” said Christopher Tsai, chief investment officer at Tsai Capital, a Tesla investor....
...But as flexible as the IMF has been, like the rest of the global architecture, its evolution has followed the line of western power....
...We think alike on capital allocation.”...
...“Western analysts think Tesla automatically wins,” he said. “There are no guarantees.”...
...The boycotts, largely fuelled by social media, have been so effective that private equity heavyweights General Atlantic and CVC Capital Partners have had to call off multimillion-dollar stake sales in the...
...Barclays forecasts that Tesla will print its first negative free-cashflow quarter since Q1, 2020, as bloated inventories eat into working capital....
...“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....
...The costs centre on PacifiCorp, a utility that serves six western states including Oregon and California....
...The company is often described by western politicians as a “Chinese” entity....
...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...
...We’ve reached the limits of a model in which cheap capital searched for cheap labour regardless of the costs....
Spread between Italian and German debt narrows as traditional core-periphery dividing lines fade
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