It is a recurrent conceit of Democrats and Republicans alike that a great political realignment that will produce a lasting majority lurks just around the corner. In the more than two decades since Ronald Reagan left the White House, the U.S. electorate has been divided roughly equally. But when President George W. Bush won re-election [...]
Spanish oil firm Repsol will move forward with its plans to hold an initial public offering of its Brazilian business. The Financial Times reported that the offering could be worth about $4 billion. On Tuesday, Repsol said it filed a preliminary document with Brazil’s securities authority in the first step towards an I.P.O. Repsol named [...]
The American International Group boss, Robert H. Benmosche, may have unlocked two deals by chopping his chief executive in Asia, Breakingviews suggests. One is the flotation of the American International Assurance division in Hong Kong, which should now proceed after a false start. The other is an eventual merger of A.I.A. and the Asian portion [...]
Twitter
Facebook