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French lottery IPO is a privatisation amuse-bouche @CGAThompson
Aramco has again postponed its float, messing up the kingdom’s efforts to show its best side at an upcoming annual finance junket, and undermining Saudi’s already-shaky attempts to attract more foreign investment. It’s a triple setback, says @gfhay :
Renault expects 2019 operating profit to plunge as growth slows and R&D expenses rise. While it can do little about a sluggish global economy, combining with Nissan or Fiat would mitigate the cost of investing in cleaner engines, writes @CGAThompson :
Review: Salesforce’s activist CEO has solid pitch @GinaChon
WeWork has offers of $5 billion more equity from SoftBank or, if investors can stomach it, super-pricey debt which could put the company under even more quickly. The choice couldn’t be easier, writes @richardbeales1 .
Canada’s political climate now threatens actual atmospheric conditions. Although Trudeau’s carbon tax will probably endure, the country’s governmental green wave could be reaching its limits, writes @johnsfoley .
Police shot a protester in Hong Kong during clashes on Communist China’s 70th anniversary. Beijing’s quandary has become starker: it needs to restore calm for economic stability, but tougher intervention will fuel further unrest, says @jgfarb
Zambia held a national day of prayer for its currency. It hasn't worked: @rob1cox
The Saudi-Russia oil deal is full of holes: @KevinAllison
Dish is acquiring $5 billion in assets from Sprint and T-Mobile US. It also bought more time to use its spectrum. But legal challenges and a tough wireless market still stand in the company’s way, writes @rob_cyran .