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Corporate hedge books are vega books An airline running 18-month collars, a shale producer with 3-way collars across two years, an LNG player with strips of optionality embedded in contracts: all carry structural vega, usually short

A law does not become invalid merely because it is paternalistic or morally controversial

The sooner you quit smoking, the lesser the risks and the better the possible outcomes

This Bible means an awful lot to you, and you carry it at all times

Broadly speaking, a quota license allows the holder to sell all three types of alcoholic beverages (beer, wine and liquor) for consumption on or off the premises

On the other hand, synthetic nicotine production entails manipulating chemical compounds to recreate a replica of the organic nicotine molecule