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Lee Robinson’s expertise was ‘like having Lionel Messi on your team’. Now his relationship with Warrington is under scrutiny
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US insurer with extensive links to investment group looks to raise capital and regain control of assets ceded to reinsurer
Also in today’s newsletter, Meta’s shares tumble and Columbia’s ‘Gaza Solidarity Encampment’
Effects will increase illness and force the industry to adapt, say executives
Also in today’s newsletter, Blinken meets Xi and investors scale back US rate cut bets
Also in today’s newsletter, Tesla shares soar in after-hours trading, and Dimon praises ‘booming’ US economy
Also in today’s newsletter, Apple’s secret AI laboratory and WeWork agrees deal with creditors
...Jessica SmithI’m Jess Smith and here’s the news you need to start your day. [MUSIC PLAYING] Tesla’s first-quarter earnings are out tomorrow, and they could be the worst in seven years....
Breaking down Sotheby’s foray into art-backed securities
...US-based International Paper has agreed to buy UK rival DS Smith in a deal valued at £7.8bn, the companies said on Tuesday....
...Smiths declined to comment. Keel and Envista did not respond to requests for comment....
Holiday group to go head to head with insurers in High Court after rains shut down Somerset resort
The American screenwriter’s account of four decades in Hollywood is as gossipy and scandalous as you’d expect
...Mondi’s offer valued DS Smith at roughly £6.2bn, including debt....
...Hill & Smith has lauded the performance of its US businesses, describing a “standout performance in composites and electrical utility”....
...The announcement comes after rival Mondi reached an agreement in principle for a takeover of DS Smith earlier this month....
...Jefferies puts these at £350mn annually or some 4 per cent of DS Smith’s sales....
...Smith has been admirably candid about the meaning of this story for her....
...Smith & Nephew had given a “compelling rationale” for paying more to its US-based leaders, Glass Lewis said....
Also in today’s newsletter, Israel’s intelligence head resigns and professional services firms explore ways to cut staff
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