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...Shareholders, which include the pension funds Omers and USS as well as the Abu Dhabi and Chinese sovereign wealth funds, would take losses estimated at £5bn, a fact they acknowledged in March when they refused...
...The £1.3bn of so-called class B debt, which is still inside the ringfence but has a lower-ranking claim on the company’s cash flows, could be hit with even deeper 35-40 per cent impairments....
...“There are two special things about the company,” adds another member, Abu Niang. “First, the freedom we have to be ourselves. It’s always nice to show who you are onstage....
...The group of senior class A and subordinate class B bonds are securitised at the operating companies....
...The loss of the most successful manager in United’s history coincided with the rise of local rivals Manchester City, which took over as England’s most dominant club under the ownership of Abu Dhabi royal...
...Patrick Dransfield Abu Dhabi, United Arab Emirates...
...For Hagai El-Ad, who has spent years investigating the Israeli army for B’Tselem, an Israeli human rights group, the demands for a joint investigation are disingenuous....
...Traders are marking a riskier £250mn “class B” bond at little over 60 pence in the pound....
...The IEA forecasts crude consumption to increase by 1.3mn barrels per day this year while Opec this week maintained its growth estimates of 2.25mn b/d for 2024....
...Google’s parent company Alphabet has a relatively respectable “B” grade from InfluenceMap....
...Esporte Clube Bahia was bought by City Football Group, the Abu Dhabi-controlled owner of a dozen sides including Manchester City....
...News clipsM-B-Z . . . They call him MBZ because it’s easy to remember. His name is Sheikh Mohammed bin Zayed al-Nahyan . . ....
...In 2023, however, oil demand is on track to average 102.2mn b/d — its highest ever annual level, according to the IEA....
...The downgrade from double B plus, S&P’s highest non-investment grade, to double B came after SoftBank’s tech-heavy Vision Funds this month posted record annual investment losses of $39bn....
...The plaintiff was Cassie, the R&B singer, who alleged that Combs had abused her. Combs denied the allegations....
...Traders is something of a misnomer: this group doesn’t make money simply shifting goods from A to B....
...Andrew EnglandA gentleman called Sheikh Tahnoon bin Zayed al-Nahyan, he’s a brother of Sheikh Mohammed bin Zayed, who is the president of the UAE and he is the ruler of Abu Dhabi. News clipsM-B-Z....
...A dual-class share structure that gives B shares 10 times the voting rights of A shares has allowed the family to keep tight control of the club....
...So B&M, which also reports on Wednesday, should be lifted by shoppers trading down....
...One of the first was Sheikh Tahnoon bin Zayed al-Nahyan, the United Arab Emirates’ national security adviser and chair of Abu Dhabi-listed conglomerate IHC....
...The Tory right aren’t buying Sunak’s plan B, are they?...
...One scoop to start: ADQ, the investment fund chaired by Abu Dhabi’s powerful national security adviser, held detailed talks about a takeover of US advisory and asset management firm Lazard earlier this year...
...(Here’s the final table from footystats.org for the Belgian First Division B: Lommel finished top of the relegation play-offs and Virton bottom. Not that they’re bitter.)...
...“The objective is to have all 40 clubs from Serie A and B within a single proposal,” says one person involved behind the scenes. “The tendency now is to negotiate a merger.”...
...If you want a second spicy topic, check out the FT piece questioning the spreading B Corp movement....
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