Hints and tips:
...The IEA forecasts crude consumption to increase by 1.3mn barrels per day this year while Opec this week maintained its growth estimates of 2.25mn b/d for 2024....
...But all anyone in our business could talk about was whether a new journalism model was taking root. Any thoughts welcome: robert.armstrong@ft.com and ethan.wu@ft.com....
...But from a risk-return point of view, is credit risk attractive right now? Rieder: I’d say it’s a B-. But it’s not a C. Why are you getting these sorts of yields in credit today?...
...Class B and D stock, which is nearly all owned by Refinitiv and its affiliates, receives 10 votes per share....
...There’s a lot of companies in the double-B category that were downgrades from triple-B. They’re better companies. It’s a different high-yield than, say, 10 years ago ....
...Email us: robert.armstrong@ft.com and ethan.wu@ft.com. Russia’s uprising: irrelevant, incomprehensible, or something else?...
...The International Maritime Research and Development Board (IMRB) is a $5bn programme, governed by the IMO, to co-ordinate and fund applied R&D to catalyse the introduction of zero-carbon fuels and technologies...
...Additional reporting by Patrick Temple-West eric.platt@ft.com...
...Trials and subscriptions are available at ignitesasia.com....
...Wine Club, £180 a dozen Farr Vintners Ch Meyney, St-Estèphe £21.75 Grand Vin Wine Merchants, £39 (inc tax) Cambridge Wine Merchants More stockists from Wine-searcher.com....
...As noted by the International Energy Agency, non-Opec supply will accelerate from 1.9m barrels a day to 2.3m b/d next year. The other side of the coin is weaker growth sapping demand....
...Please send feedback to due.diligence@ft.com...
...ed.crooks@ft.com...
...It comes up for most big mergers these days: if big company A does not — or is not allowed — to buy big company B, even bigger companies C or D will crush both....
...richard.waters@ft.com...
...IHS Markit believes electric vehicles only reduced about 50,000 barrels a day of oil demand last year out of a near-100m b/d market....
...In late 2017, Bangkok-based online fashion brand Pomelo Fashion raised $19m in a series B round led by Chinese e-commerce giant JD.com and Indonesian investment firm Provident Capital Partners....
...Exhibit D is another retail entrepreneur who became embroiled in a row over a company disposal. For a while it was my duty to call him and seek his feedback on FT coverage in the interests of fairness....
...Meanwhile, the company’s R&D as a percentage of sales, which has been falling since 2001, is creeping ever lower....
...That was the place, several said, to which European start-ups must transfer if they want to get from A to B, C and D, from early funding rounds to larger capital raisings....
...I quietly confiscated the cooking sherry on my way out, as a precaution.* In our dreams jonathan.guthrie@ft.com...
...Axa FY €2.07 (€2.03) Barratt Develop H1 (FY estimate) 43.03p (30.40p) Brit FY 32.15p (n/a) Bouygues FY €1.89 (€2.03) Com de St Gobain FY €2.19 (€1.86) Dollar Tree Q4 $1.14 ($1.02) HSBC FY $0.87 (...
...jonathan.guthrie@ft.com...
...Mostly Bs: With a few smart tweaks to the offer, you could bag the prize. Mostly Cs: You are Pfizer. Will you come back and make the same mistakes in three months time? lina.saigol@ft.com...
...Sceptics will keep checking box (d), none of the above, despite recent experience. Email the Lex team in confidence at lex@ft.com...
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