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  1. Business
11 May 2012

Other people’s business, Friday 11 May.

Coty advances on Avon.

By New Statesman

1. Jamie Dimon’s Ahab meets his Moby Dick (Reuters)

PMorgan’s Ahab has met his Moby Dick, writes Antony Currie.

2. Jamie Dimon makes a drama out of a credit crisis (Financial Times)

JP Morgan’s sudden conference call to disclose, and to try to explain, the $2bn trading loss that it racked up in only six weeks was one of the most absorbing bits of live financial theatre since the 2008 crash, writes John Gapper.

3. Coty’s freshened offer hard for Avon to resist (Reuters)

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Coty is making its advances harder for Avon Products to resist, writes Agnes T. Crane.

4. True oil independence is an unrealistic dream (Washington Post)

Over the past few years, the United States has experienced a boom in oil and gas production, writes Brad Plumer.

5. Boardroom botches call for checklist fix (Reuters)

If checklists can save lives, surely they can help shareholders, writes Jeffrey Goldfarb.

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Select and enter your email address Your weekly guide to the best writing on ideas, politics, books and culture every Saturday. The best way to sign up for The Saturday Read is via saturdayread.substack.com The New Statesman's quick and essential guide to the news and politics of the day. The best way to sign up for Morning Call is via morningcall.substack.com Our Thursday ideas newsletter, delving into philosophy, criticism, and intellectual history. The best way to sign up for The Salvo is via thesalvo.substack.com Stay up to date with NS events, subscription offers & updates. Weekly analysis of the shift to a new economy from the New Statesman's Spotlight on Policy team. The best way to sign up for The Green Transition is via spotlightonpolicy.substack.com
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