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...“It’s a game a of scale but relative scale also works,” he said. “What we see is either behemoths or niche players.”...
...Fees amount to $100,000 a month....
...In 2014, the company recruited Magid Shenouda, a former co-head of commodities at Goldman Sachs. Shenouda was previously tipped as a possible successor to Dunand and Jaeggi....
...I’ve been a one, I’ve been a 10. We had twins two years ago. Our house has a lot of stairs, the kids are getting heavy, and picking up toys is a little bit like a burpee — I do an awful lot of that....
...“Capital markets is on the political agenda in pretty much every finance ministry across Europe,” said William Wright, founder of markets think-tank New Financial....
...“A lot has to happen, and there is a lot to do, but the emphasis and excitement in the industry is definitely there.”...
...Here to talk to me about it is Tom Wilson. He’s the FT’s natural resources editor. Hey, Tom. Tom Wilson Hi, Marc. Marc Filippino So, Tom, tell me a little bit about the project....
...It is now targeting a 15-20 per cent drop by 2030 and has abandoned the interim 2035 target....
...I’m joined now by Tom Wilson who covers energy for the FT. Hi, Tom. Tom Wilson Hi, Marc....
...“There’s a thin line between being a hero and being a sucker,” said Macquarie’s Dwivedi. “I think they’re right on it and they know it.”...
...Describing her “huge shock” upon discovering the news, she said that she and her husband William, Prince of Wales, had “been doing everything we can to process and manage this privately for the sake of our...
...Global head of trading Magid Shenouda is leaving the commodity house Mercuria where he was once tipped as a potential successor to the group’s founders, according to a person familiar with the matter....
...Amer Sports, owner of brands including Salomon, Wilson and Arc’teryx, has filed for an IPO on the New York Stock Exchange....
...The move against the Swiss-based group marks a watershed for sanctions enforcement in Switzerland, a country known for banking secrecy and commodity trading that has never before acknowledged launching a...
...Shell has weakened some of its climate targets to accommodate plans to keep growing its giant gas business, ditching a 2035 greenhouse gas emissions reduction target even as it maintained a net zero goal...
...In a move linked to that investigation, Lund on Friday said a dedicated board committee had been formed last year, on an interim basis, with a focus on “psychological safety and speaking up”....
...Marc Filippino Tom Wilson is the FT’s natural resources editor. Thanks, Tom. Tom Wilson Thanks very much....
...Holi, the Hindu festival of colours marking the arrival of spring, continues for a second day. Economic data: The Bank of Japan releases minutes from its January monetary policy meeting....
...Brent rose more than 2 per cent last week to close above $83 a barrel on Friday, while WTI closed just under $80 a barrel, a rise of more than 4 per cent....
...Events: Myanmar’s military, which took power in 2021, marks Armed Forces Day with a parade in the capital Naypyitaw as the country’s civil war drags on....
...Events: Xiaomi, a Chinese smartphone maker, is due to launch its first electric vehicle. Ukraine’s foreign minister Dmytro Kuleba begins a two-day visit to India....
...Vietnamese electric vehicle group VinFast holds a press conference in Thailand announcing its entry into the country’s market, one of 50 it is targeting this year....
...Energy Source is written and edited by Jamie Smyth, Myles McCormick, Amanda Chu and Tom Wilson, with support from the FT’s global team of reporters....
...BP, like most of its rivals, has used bumper profits from the past two years to embark on a huge share repurchasing scheme....
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