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...Prosecutors agreed to let Lewis return to the Bahamas on Thursday evening, leaving his yacht behind as collateral....
...“We had to say we’re postmasters, not Post Office Limited.”...
...He added that the entity was reducing its holdings of illiquid assets “even though . . . we have done absolutely nothing wrong”....
...Whether it’s the heat of the summer or the deepest cold of winter, my wardrobe is absolutely stuffed with jackets, from lightweight linens and jerseys to double-faced cashmeres and everything in between....
...Tata’s decision would have a similarly “devastating effect”, not just on Port Talbot but “the wider communities across the valleys”, he added....
...Hess and Cnooc did not respond to requests for comment....
...“We know some people are going to be absolutely obsessed with tyre performance and why this widget or that flange on [Red Bull’s new car] makes it go faster,” he adds. “And others don’t care.”...
...And we absolutely can’t see this precedent repeated,” he added....
...“It seemed to all of us absolutely extraordinary that the government was still giving work to a company that was suing it,” said one official....
...This has absolutely no impact on any of our businesses, suppliers, or customers.” ArcelorMittal declined to comment....
...The entrepreneur had instituted “absolutely aggressive cost control”, said Christoph Weber at Swiss software group AutoForm....
...“This is high risk, you absolutely have to have your game on.” It is also expensive....
...We noted that the company’s recent acquisition of The Chelsea Magazine Company — which Alphaville readers will know for titles such as Sailing Today with Yachts & Yachting — represented a possible shortcut...
...Even if it turns out that there was absolutely nothing untoward about FTX and how it operated, it is almost never a good idea to work with someone who at that age needs their dad to introduce them....
...As Leonida points out: “It’s often the case that art on yachts is not owned by the entity that owns the yacht. It may be owned by an individual, or perhaps another trust.”...
...Lewis, who was released on a $300mn bond secured by his yacht and private plane after entering a not guilty plea in New York, survived tumultuous changes in the business of football over two decades....
...FTX was not fine,” he told jurors. “Assets were not fine.”...
...McPike then got into currency trading, seemingly built a fortune from it and for a while lived on his yacht in the Bahamas....
...Not all friendships last for ever, it turns out....
...“This is not about listings as such but more about talking to the investors,” he said....
...“We both absolutely hate bureaucracy and administration. Decisions need to be taken.”...
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...His $300mn Motor Yacht A has a berth here, a safe haven compared to that of its bigger brother, the $600mn Sailing Yacht A, which was seized by Italian authorities in Trieste....
...tells me I should just retire and enjoy the fruits of what I’ve built, but I say no . . . absolutely not.”...
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