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...Burns highlighted this issue to IG, which acknowledged the problem, but it took more than a week to pay him back. “I wonder how can I trust them in the future not to make mistakes,” Burns said....
...“I would always be cautious about any company that does not have its dividend covered,” said Nate Koppikar, a partner at hedge fund Orso Partners, which has bet against Blackstone shares....
...The company has vowed to mount a legal battle against the US legislation while the Chinese government has said it would oppose a sale. Any divestment will be difficult....
...Judith MartinWinchester, Hampshire, UK...
...Explaining the verdict, the presiding judge Annette Zander said that the defendant and the late banker had been a “good team” which functioned based on mutual trust and required little need for co-ordination...
...John Cornyn, a Republican senator from Texas, backed the former president after the New Hampshire race was called....
...Nikki Haley insisted the race for the Republican nomination was “not over” after suffering a heavy defeat to former president Donald Trump in the New Hampshire primary....
...The average trust was trading at a discount to NAV of almost 17 per cent in October....
...But other investment trusts face a battle to survive. Capital raisings, the industry lifeblood for new funds, have dried up....
...And here’s what else I’m keeping tabs on today: US elections: Nikki Haley lashed out at what she said were Donald Trump’s “lies” on the final day of campaigning ahead of today’s vote in the New Hampshire...
...In 2006, New York State resident Martha Barotz was paid $150,000 upfront by Life Accumulation Trust III (LATIII), which took out insurance that would pay out a $5mn lump sum on her death....
...Donald Trump Jr, the former president’s son, has been touring New Hampshire to campaign for his father, and held an event at a vineyard in the town of Hollis, close to the border with Massachusetts on Monday...
...Companies....
...investors’ appetite for the high-growth companies the trust made its name backing....
...Purchases totalled £948mn last year, down 28 per cent from 2022’s record high of £1.3bn, according to data from the Association of Investment Companies, a trust industry body....
...All Form APs filed subsequent to a name change are required to consistently use the new name....
...The Nuffield Trust report said Brexit had “exacerbated” the “underlying fragilities at a global and UK level” in drug supply chains....
...The Merlin team had discussed either keeping the money in Jupiter’s own funds, or following Whitmore to his new company, Brickwood, which is still being established....
...Tom Slater, the trust’s manager, said: “In a volatile period for growth investment, we own a portfolio of established companies achieving rapid expansion . . ....
...According to Jefferies, this is the largest ever buyback programme by a UK investment trust, with £1bn representing 9 per cent of the Scottish Mortgage Investment Trust’s shares....
...More likely, he will restrict new capital to investment banking, redirecting any surplus to shareholder returns and more less-capital-hungry lending businesses....
...Across Japan, companies are having to rethink their entire business models due to a shortage of workers....
...Donald Trump continued his romp through the Republican presidential primaries on Tuesday with a victory in New Hampshire, where he was on track to win a comfortable majority with nearly 55 per cent of the...
...Service of New Hampshire (PSNH)....
...Haiti is also asking itself whether it should trust the international community....
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