Hints and tips:
...On a conference call with analysts in January, Gray said Breit had “weathered the storm” in real estate markets, but he warned that Blackstone did not expect to see a “V-sharped recovery” in property values...
...“We would acknowledge that this is not going to be some sort of a V-shaped recovery. There are going to be plenty of troubled deals in the market,” added Gray....
...Among the disasters, the stock and bond prices of oilfield services firm Weatherford and shale-gas specialist Chesapeake have collapsed this year. Additional reporting by Joe Rennison and Miles Kruppa...
...Whit Ayres, a veteran GOP strategist, also played down the potential effect of the positive numbers this late in the election cycle....
...Carlyle had experienced an “economic rebound in China [that] has been very V-shaped”, he told a Morgan Stanley investor conference last month, although progress in the US and Europe would come in fits and...
...Around that time, rival KKR also declared the country its “highest priority” market outside the US....
Germany’s telecoms regulator says Huawei can stay in the 5G network race
...Job moves Scott Gottlieb is stepping down as head of the US Food and Drug Administration after two years in the job....
...This story by the FT’s Caroline Binham left us with a bit of chuckle and disbelief....
...The group behind the Les Paul, Flying V and Epiphone brands filed for Chapter 11 bankruptcy protection in May, overwhelmed by the debt it took on to fund an ill-fated diversification into headphones and...
...Canada’s CPPIB and Singapore state fund GIC, two of the largest global institutional investors, will be investing alongside the US private equity group....
...“We have a lot of work ahead of us . . ....
...They involve oil services groups Schlumberger, Halliburton and Weatherford International, drilling contractors Nabors Industries and Rowan Companies, and engineering and construction companies KBR, Jacobs...
...Due.Diligence@ft.com Saudi Arabia: The world’s most influential LP Saudi Arabia is busy selling off a piece of its oil company in order to invest in US infrastructure and global technology....
...In its “real assets” unit, Carlyle made a net $34m in performance fees in the quarter — up from $28m last year — off higher realization in its real estate funds in the US....
...Salman v United States”....
...In its “real assets” unit, Carlyle made a net $34m in performance fees in the quarter — up from $28m last year — thanks to US real estate sales....
..., but Europe is behind the US”....
...As a result, the European safety agency banned operation of H225 LP and AS332 L2 Super Pumas last month....
Persuasion and collective action is nice, but cash conquers all
...Portraits such as of the poet Tennyson and “Madonna and Child” are on display in a new exhibition at London’s V&A. Forwarded Source code poetry Programmers are artists too....
...He argued that the appeals court’s “unprecedented ruling” clashed with the Supreme Court’s definition of insider trading established in a 1983 case, Dirks v the Securities and Exchange Commission....
...“It would be a great help if you entrust us with even one share,” the company pleaded....
...Here is an opinion summary from law firm Simpson Thacher describing how the court judged predicted beta in a 2010 appraisal case, ” Global GT lp v. Golden Telecom”....
...However, TPG had to overcome tough questions about the performance of TPG V, its boom-era buyout fund, which invested $15.5bn but suffered some high-profile casualties....
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