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Thursday, 15 November 2018

Miscellany on 15 November 2018: PRemier league boss, Lieberman resigns in Israel, Levi Strauss to go public again

In miscellany this morning:

Israeli Defense Minister Avigdor Lieberman resigned yesterday in protest of the Gaza ceasefire agreement recently signed between Israel and Palestinian factions, Reuters reported.

For football fans and biz nerds: The English Premier League has tapped a new chief executive to take over when Richard Scudamore steps down next year after a two-decade run. Susanna Dinnage (above) will take over the league, joining from Discovery’s Animal Planet. (WSJ | Reuters)

Levi Strauss is going to list again, having tapped JPMorgan Chase and Goldman Sachs for a USD 600-800 mn offering that would value it at as much as USD 5 bn. The jeans maker went public in 1971, but was later taken private by members of the founding family. (FT | Bloomberg | CNBC)

Speaking of JPMorgan: Warren Buffett wants a bit more of that. The Oracle of Omaha just bought more shares of JPM as he increases Berkshire Hathaway’s exposure to major US financial institutions.

You can’t remember much of your childhood because your brain needs to forget if it is going to grow. Read: Why you can’t remember being a kid on Nautilus, a lovely meditation on childhood and neuroscience.

Weekend reading: We’re a motley crew here when it comes to national / cultural / social identity, so we’re looking forward to getting caught up this weekend on the FT’s Expat Identities series, wherein the salmon-colored paper “relates, in alternating parts, the experiences of a British woman in Hong Kong and a French woman in the UK” as they come to grips with what it means to be immigrants (or expats, depending on your point of view). The latest installment in the series is here, and you can go back to square one by hitting the link stack at the bottom of the page.

PSA- This coming Tuesday is a national holiday. Prime Minister Moustafa Madbouly has declared it a public-sector holiday, and both the central bank and the Egyptian Exchange have confirmed they’re closed for the day.

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