Tag: RIGHT

Asia’s Two Richest Men Reap Windfall From Surging Oil, Coal

Though Adani, 59, and Ambani, 65, have unveiled a combined $ 142 billion in green investments over the next few decades in a pivot away from coal and oil – the bedrock of their empires – they are also finding it hard to kick the fossil-fuel habit as the conflict stokes demand. Global coal demand…

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Holcim Sells India Arm to Billionaire Adani in $ 10 Billion Deal

The Swiss company will sell its 63.1% stake in Mumbai-listed Ambuja Cements Ltd. to Adani Group in a deal valuing the business at nearly $ 10 billion, according to a statement Sunday. Adani will inherit Ambuja’s controlling stake in another publicly traded cement producer, ACC Ltd., and buy Holcim’s direct 4.5% holding in the unit,…

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Boots Suitors Get More Time to Bid for £ 7 Billion Pharmacy Chain

The company plans to allow suitors a few extra days to firm up their bids, the people said, asking not to be identified because the information is private. Walgreens had initially requested binding offers by May 16 for the business, which includes the Boots chain in the UK, but is now expected to receive proposals…

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A Luxurious Yet Simple Egg Dish for Mother’s Day Brunch

Mothers, expect major displays of appreciation this year. Americans celebrating the holiday are expected to spend $ 31.7 billion this year, according to the National Retail Federation, an increase of $ 3.6 billion over 2021 and the highest in the history of the survey. And there’s no shortage of gift options: A chic Japanese cotton…

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Walmart Heir Rob Walton Is Planning to Bid for the NFL’s Broncos

If Rob Walton proceeds, he’ll join a crowded field that includes Clearlake Capital Group co-founders Behdad Eghbali and Jose Feliciano, and Feliciano’s wife Kwanza Jones. Josh Harris, co-founder of Apollo Global Management Inc., is considering his options, while Alec Gores, Dean Metropoulos and Mat Ishbia are also exploring an offer, people familiar with the situation…

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Amazon Upstart Union in New York Takes Early Lead in Election

(Bloomberg) – Christian Smalls, who started a labor union after being fired by Amazon.com Inc., was on track to win a historic election to unionize one of the e-commerce giant’s facilities in New York. When federal labor officials overseeing the election halted the count on Thursday, Smalls’ upstart Amazon Labor Union had 1,518 yes votes…

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