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...The businessman is the youngest son of the late Onsi Sawiris, who founded a construction company in the 1950s and built it over decades into a large multinational corporation now called Orascom Construction...
...people familiar with the matter....
...“Let’s say you’re going to attack banks,” Izrael said....
...Redstone installed Bakish as chief executive of Viacom in 2016, and he took over as head of the whole company after it merged with CBS in 2019....
...The writer is global head of capital markets client solutions at Northern Trust For fund and investment managers around the world, every sliver of a percentage point of return matters....
...So when you’re buying shares or when you’re buying funds, have a look at the liquidity of it. Can you buy easily in and out of it and particularly in the size you want to buy?...
...Walsh’s career has an accidental element to it. When the stylist started to work in the fashion department of Vogue in 2006, she didn’t know her current job was, well, a job....
...Willie Walsh, the director-general of the International Air Transport Association, the airline lobby group, wrote to EU politicians this month to warn of “growing concern across the airline community”, in...
...The S&P Global/Cips UK construction purchasing managers’ index, a measure of the health of the industry, rose to 50.2 from 49.7 in February, the fourth consecutive month-on-month increase....
...The “tempo of questions” from asset managers was “rising quite rapidly” as the go-live date for T+1 in the US nears, said Gerard Walsh, head of client solutions, banking and markets at Northern Trust....
...Rivian is pausing construction on building a new factory in Georgia and instead plans to build its new, less expensive sport utility vehicle at its plant in Illinois....
...Rivian is pausing construction of a new factory in Georgia and instead plans to build its new, less expensive sport utility vehicle at its plant in Illinois....
...This would be the equivalent of 4am and 7am in Hong Kong in the summer, Walsh explained....
...AI can push automation further, Walsh said, allowing underwriters to analyse the data, for example, by asking whether the addition of a certain risk would make their portfolio too concentrated in one area...
...“New beginnings are not about throwing out the old for the new, they’re about cherishing the old and taking it with you through the door,” she says....
...Walsh flags weakness among smaller companies in the leveraged loan market, with interest coverage among the bottom quartile of issuers (measured by ebitda) falling below 1x....
...The S&P Global/Cips UK construction purchasing managers’ index, a measure of the health of the industry, rose to 49.7 in February from 48.8 in January....
...The delays in construction for these facilities are attributed to surging costs for building materials and labour, as well as a shortage of construction workers....
...Most big pharmaceutical and medtech companies have operations in the country, which produces some 40 per cent of the world’s contact lenses, as well as all the world’s Botox and a key ingredient used in...
...“We’re at the peak of the rate cycle. Yes, the expectations have been pushed back, but we’re still expecting the rate-cutting cycle to begin.”...
...The risk is that the data centre boom may spur construction of new gas-fired power plants....
...Shares of ICBC, the largest state-owned lender, are up a fifth in the past year. Yet they still trade at just 0.4 times its tangible book value, a fraction of that of its regional peers....
...Tim Moore of S&P Global Market Intelligence said construction companies were “increasingly optimistic that the worst could be behind them soon as recession risks fade and interest rate cuts appear close...
...More data would be needed on the molecule’s effectiveness against the group of so-called Gram-negative bacteria, which are protected by an outer membrane and are a central problem in the spread of AMR, Walsh...
...“As a matter of ordinary English” and as “a matter of law, a “storm” occurs only where there is high wind,” Butlin’s said in its legal claim....
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