Middlefield Weekly Reads
Macro
Banking Crisis Calls Fed Interest-Rate Path Into Question – WSJ
The collapse of Silicon Valley Bank and Signature Bank is complicating the Fed’s tightening plans
Inside the 72 hours that transformed U.S. banking – Politico
The historic rescue could have far-reaching implications for the future of banking
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Real Estate
DP World Looks to Develop Warehousing at UK’s Southampton Port – BNN Bloomberg
DP World looks to expand its industrial footprint, following soaring demand for warehousing in the UK
What downturn? Canadians across all generations still bullish on real estate – Financial Post
Canadians across age groups remain optimistic about real estate as a financial investment
Health Care
Pfizer signs $43 bln Seagen deal in cancer drug push – Reuters
Pfizer will buy Seagen in a deal meant to bulk up its cancer treatment portfolio
Carl Icahn Prepares for Proxy Fight at Illumina – WSJ
Icahn is arguing that Illumina cost its shareholders $50 billion by taking over Grail despite opposition
Energy & Infrastructure
Goldman Sees China Nearly Tripling Its Target for Wind and Solar – BBG
As it moves towards energy self-sufficiency, China may need to triple its installation target
Planet-Saving Wind Farms Fall Victim to Global Inflation Fight – BBG
Higher upfront costs are causing project delays and challenging targets for renewable additions??
Innovation
Microsoft Strung Together Tens of Thousands of Chips in a Pricey Supercomputer for OpenAI – BBG
领英推荐
Microsoft spent “several hundred million” on Nvidia’s A100 graphics chips in building a supercomputer for OpenAI
Meta lay-offs: Facebook owner to cut 10,000 staff – BBC
The “year of efficiency” continues, with Meta set to cut another 10k jobs and close an addition unfilled job adverts
Global Dividends
Siemens scours south-east Asia for deals to diversify from China – FT
Siemens is looking to South-east Asia as it seeks to reduce its dependence on China
BHP open to potash partnership with Nutrien – The Globe and Mail
BHP is exploring a myriad of options, one of which could be a takeover of the company
View more Middlefield insights on our website:?Insights | Middlefield Group
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