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Last updated: Apr. 18, 21:51
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Two senior women leave BP in first big shake-up since Bernard Looney’s exit
Departures reduce the number of women on leadership team at oil major
By Tom Wilson in London
Financial Times,  Apr. 18, 2024    E-mail this to a Friend
Should US steelworkers fear a Japanese takeover? Biden and a powerful union say ‘yes’
The USW has inserted itself into the election, US-China relations and a $14.9bn cross-border deal
By FT
Financial Times,  Apr. 18, 2024    E-mail this to a Friend
Iran Threatens to Work on Nuclear Arms if Israel Attacks Nuclear Sites
Tehran is believed to have shelved most efforts to build the weapons years ago
By Laurence Norman and Aresu Eqbali
The Wall Street Journal,  Apr. 18, 2024    E-mail this to a Friend
EasyJet Expects Narrower Loss Amid Strong Summer Demand
EasyJet expects to report an interim headline pretax loss—a key metric that strips out exceptional and other one-off items—of $423.4 million-$448.3 million
By Pierre Bertrand
The Wall Street Journal,  Apr. 18, 2024    E-mail this to a Friend
Chip Giant TSMC Offers Reassurance—and a Warning
Semiconductor investments required for rapid growth of artificial intelligence are on track
By Stephen Wilmot
The Wall Street Journal,  Apr. 18, 2024    E-mail this to a Friend
Raiffeisen fears an ECB order for faster Russia exit may hit any sale
Bank has reduced Russian loan book but profits and headcount have increased since full-scale Ukraine invasion
By Sam Jones in Berlin
Financial Times,  Apr. 18, 2024    E-mail this to a Friend
Blackstone warns that private equity cannot return capital ‘overnight’
Industry sitting on record amounts of unsold assets that will take time to sell even as M&A market returns to life
By Antoine Gara in New York
Financial Times,  Apr. 18, 2024    E-mail this to a Friend
Spanish Beauty Group Puig Targets Close to $15 Billion Valuation in IPO
Barcelona-based beauty company aims to raise up to €3 billion, of which its controlling shareholder is offering €1.36 billion
By Andrea Figueras
The Wall Street Journal,  Apr. 18, 2024    E-mail this to a Friend
BP to Simplify Organization, Trim Leadership Team
The changes are part of a plan to turn BP into an integrated energy company and invest more in low-carbon activities
By Pierre Bertrand
The Wall Street Journal,  Apr. 18, 2024    E-mail this to a Friend
Why Is the Federal Reserve Always Surprised by Inflation?
The central bank owes the public an explanation—and a serious effort to correct its flawed model.
By Joseph C. Sternberg
The Wall Street Journal,  Apr. 18, 2024    E-mail this to a Friend
PwC to reverse controversial US tax split
Incoming US senior partner Paul Griggs plans to reunify tax division, dismantling predecessor’s model
By FT
Financial Times,  Apr. 18, 2024    E-mail this to a Friend
Nvidia’s Biggest Manufacturer Doubles Down on AI
TSMC boosts production, but ‘it’s still not enough’ to meet demand
By Yang Jie
The Wall Street Journal,  Apr. 18, 2024    E-mail this to a Friend
For Tesla, India Represents Big Promise—and Some Peril
A factory in India would be a significant risk—but maybe one worth taking
By Megha Mandavia
The Wall Street Journal,  Apr. 18, 2024    E-mail this to a Friend
Danone Backs Guidance After Sales, Volumes Beat Expectations
Danone said it expects like-for-like sales growth of between 3% and 5% in 2024
By Michael Susin
The Wall Street Journal,  Apr. 18, 2024    E-mail this to a Friend
What Would Russian Victory in Ukraine Look Like?
It would send shock waves across the globe, make China and Iran bolder, and endanger NATO.
By Seth G. Jones
The Wall Street Journal,  Apr. 18, 2024    E-mail this to a Friend
Last updated: Apr. 18, 21:51
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