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Goldman Sachs is too bullish on Philippine tycoons

Like an Instagram filter that brightens an otherwise hazy photograph, the lens through which Goldman Sachs Group Inc. is looking at Philippine conglomerates might be a tad too radiant. The investment bank published a research report Monday calling on investors to show some love to the nation’s largest business dynasties, which it said are poised to benefit from rising consumer ...

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On energy, the world is asking wrong questions

To adapt Thomas Pynchon, if the wrong question is asked, the answer doesn’t matter. Today, the world seems to be consciously framing its energy problems in a way that avoids the right questions, and thus true solutions. Human advancement is intrinsically linked to the development of motorized power driven by fossil fuels. Unfortunately, the resource itself is finite and has ...

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Brexit worry hits pound; Europe stocks extend gains

Bloomberg The pound sank with gilt yields as Britain’s central bank governor underlined his dovish stance in the face of Brexit. European stocks rose a third day amid a bullish mood for equity investors, and the dollar was steady as this week’s stream of Fed speakers continued. The UK currency weakened a second day as Bank of England Governor Mark ...

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