Hints and tips:
...Winning back the support of large international investors would be critical for Luckin’s comeback story....
...from its parent company global data provider Refinitiv....
...But new skills are required for the networked world — a willingness to work with data and moving image as well as the written word....
...Second, debt interest payments are expected to be lower – reflecting the further fall in the rates we pay to our creditors....
...The demand follows a May civil jury verdict that found the Wyly brothers liable on civil fraud allegations that they used a system of offshore trusts to hide stock sales and procure $553 million in profits...
...There were no figures attached to the plan, some of which may require approval from international creditors....
...This promises much closer co-operation, the development of a single system for adjudicating internal claims and more sharing of data....
...They bought the biggest television and sound system their living room could accommodate. They changed their cars every year or two....
...The extent of the loss of trust in the banking system is likewise extraordinary, as is the global nature of bank liabilities....
...They weren’t even fully recorded in the bank’s systems....
...Customers are readily swept away by exaggerated promises, irrational beliefs, misplaced trust and sheer skulduggery....
...“Our entire banking system is a complete disaster,” he wrote. “In my opinion, nearly every major bank would be insolvent if they marked their assets to market.”...
...The return to creditors and investors will be based on the underlying assets and liabilities of the funds not on the location of the filing.”...
...This would have swept away the system that splits Italian regulation between five bodies - Consob, the stock market regulator; Isvap, responsible for insurance; Covip, responsible for pension funds; an anti-trust...
International Edition