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Daniel Schreiber says cash levels are rising after more than 70% fall in share price since insurer’s IPO in 2020
Franco-Israeli billionaire under pressure to sell assets to pay down Altice debt
Chief says sector needs to face the threat ‘from the front’ and act as shock absorber for society
...Microsoft does not break out China sales but president Brad Smith last year told the US Congress that the country provided 1.5 per cent of revenues. Microsoft and Intel declined to comment....
CEO Mooky Greidinger and his brother Israel to receive most of the cash after group emerges from Chapter 11
Biggest proxy advisers say special five-year scheme is excessive and insufficiently tied to performance
Breaking down Sotheby’s foray into art-backed securities
...Phil Smith, head of Emea LDI research at BlackRock, said: “This is about broadening out the pool of assets that can be used as collateral, increasing that resilience and trying to avoid losses from having...
Xi Jinping hopes manufacturing can offset the property slump
Adviser was working on the overhaul of a Nasdaq-listed group that US regulators charged with fraud
...In the messages, the impersonator purporting to be Duncan Smith claimed he had recanted his criticisms of Beijing and had “lied” about China....
...deal will be a boost for the moribund London stock market, which on Tuesday faced the prospect of losing further companies following a proposed delisting of retailer Superdry and an agreed takeover for DS Smith...
...“Joining and leaving breakout groups on Zoom, for example, is not a natural or fluid movement,” Smith points out....
A violent raid, a drive-by shooting, and a listed company backed by Koch Industries
...Carbon capture in soils has been promoted by the livestock industry as “a get out of jail free card”, says Smith....
...Brad Smith, vice chair and president of Microsoft, added that companies have “a responsibility to help ensure these tools don’t become weaponised in elections”....
...Terry Smith and Nick Train suffer outflows The continued march of cheap passive equity offerings and the more recent move towards high-yielding cash products has two prominent casualties: Terry Smith and...
...The Relocation Man Award 2023 Winner: Chris Smith, NeoGenomics Last year, we noted that Neogenomics chief executive Chris Smith had bagged $2.2mn in “relocation costs” upon joining the company....
Credit reporting agency failed to protect data of almost 14mn customers during 2017 breach
“We were therefore unable to reduce the risk of material fraud or error to an acceptable level”
Australian insurer says Tokio Marine and Marsh McLennan should also be liable if legal case is lost
Collapsed firm’s insurer claims it deliberately avoided disclosing the £10.4mn structuring charge
...“The point is that if you are trading below book and you don’t have a plan to get above, then that’s the sin bin for you, so people will first be looking for that,” said CLSA strategist Nicholas Smith....
...Citigroup has been in a far worse position after divesting Smith Barney near the market bottom....
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