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By Jill Serjeant April 12 (Reuters) - The Kanye West sneakers that helped turn athletic shoes into coveted fashion items are going up for sale at Sotheby's, carrying an estimate of more than $1 million. The sneakers were the prototypes for the Yeezy line developed by West and Mark Smith for Nike, and revealed by the rapper during his performance at the 2008 Grammy Awards. Sotheby's said that the Nike Air Yeezy 1 Prototypes are being offered for private sale, starting on Monday. The auction house described them as among the most valuable sneakers ever brought to market. Sneakers have become co...

- MEG futures EG2105 contract broke 5,900yuan/mt and spot price stood around 6,400yuan/mt, leaving spot/futures spread at quite high level. With the rapid increase in MEG price, coal-based MEG cash flow also improved. After the China market returned from Chinese New Year holidays on February 18, coal chemical producers were active to run at high rate. Coal-based MEG cash flow improved despite rising coal prices. For a 200kt/year unit, the cash flow would reach around 1,700-1,750yuan/mt recently. (The cost here includes freight rate and discount, excludes depreciation and financial expenses.)...

Dealmaking Slows Across Africa, but Post-pandemic Opportunities Look Interesting Deal making activity in sub-Saharan Africa dropped in terms of both volume and value in 2020, compared to 2019. As the continent readies itself for post-pandemic recovery, the opportunities presented by free trade across Africa as well as the post-pandemic focus on technology, healthcare and renewable energy, will be key factors in attracting valuable mergers and acquisition activity to the region. Deal making activity in sub-Saharan Africa dropped in terms of both volume and value in 2020, compared to 2019. As t...

Deal making activity in sub-Saharan Africa (SSA) dropped in the second half of 2020 (H2 2020), when compared to the second half of 2019 (H2 2019) and year-on-year, deals were also down in both volume and value compared to 2019. As the continent gears up for post-pandemic recovery in 2021, the opportunities presented by free trade across the continent, foreign investment opportunities due to new partnerships and trade relationships, as well as the post-pandemic focus on technology, healthcare and renewable energy, will be key factors in attracting valuable mergers and acquisition (M&A) activit...

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