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...status as a financial centre....
...In 2020 my wife, Natali Husić, and I were in Washington without a place to live when we discovered the Fairmont Hotel. We negotiated a price and stayed for seven months, a fascinating experience....
...A former S&C partner, Ryne Miller, was FTX US’s general counsel....
...A certain kind of functional menswear has always offered a bounty of pockets. To construct them well is tricky, essentially adding a garment to a garment....
...There will be a restaurant with a menu incorporating local ingredients, a museum, and a workshop focused on significant Brazilian crafts....
...Canada’s main stock index, the S&P/TSX Composite, has advanced 31 per cent since 2019, compared with a 74 per cent gain for the S&P 500....
...the FRC.The disclosure of accounting errors forced M&C Saatchi to adjust its headline profits before tax by £14mn and its statutory pre-tax profits by a total of £28.1mn for 2018 and previous years....
...French nuclear operator EDF has booked a €12.9bn impairment on its delayed Hinkley Point C reactor project in Britain as it negotiates with the UK government over the long-term financing for its planned...
...For instance, just one tech company’s recent gains added the equivalent of the market capitalization of the bottom 100 companies in the S&P 500, and the size of the crypto market doubled since last fall....
...Canada’s main stock index, the S&P/TSX Composite, has advanced 31 per cent in the last five years, compared to a 74 per cent gain for the S&P 500....
...Among the failings on the M&C Saatchi audit, the FRC said KPMG did not apply sufficient professional scepticism over a client payment that increased revenues by £1.2mn....
...Next week, Barclays boss CS Venkatakrishnan — known as Venkat — must offer a plausible fix for this at the bank’s first strategy overhaul in almost a decade....
...But for F1, the Red Bull drama is a major, unwanted distraction. The head of F1’s governing body told the FT last week it was “damaging the sport”....
...Barclays made a net loss of £111mn, beating analysts’ estimates for a loss of £123mn, but compared with a profit of £1bn in the same period in 2022....
...) big enough to make a meaningful impact on Berkshire’s earnings, (b) possible to reliably value, (c) have trustworthy and competent management, and (d) are available at a reasonable price....
...The blue-chip S&P 500 dropped 0.9 per cent on Friday, capping its longest losing streak since October 2022. It fell for the third week in a row, losing 3.1 per cent across five sessions....
...But a question remained: why did H2O — whose very name was a nod to the importance of liquidity — pour its investors’ money into illiquid assets linked to a racy financier with a criminal past?...
...But otherwise, give me a V-sweet C-suite job any time. As if anyone would....
...appear that S&C may have some problems,” he added....
...In a letter to the Financial Times, Venkatakrishnan said the UK “badly needs” a development agency similar to those in Singapore, France and Ireland, which have a reputation for supporting businesses seeking...
...The Nobel and Pulitzer Prize-winning author Pearl S Buck amassed a personal library that fills two rooms of her 19th-century Pennsylvania farmhouse....
...M&S’s contract with HSBC, which owns M&S Bank, is up for renewal. M&S is likely to push for more control and a bigger cut of the spoils....
...S&P Global Ratings said in a report on Thursday that triple C borrowers would “contend with weak cash flow and elevated interest expenses this year”, while “defaults in 2024 [would] largely come from consumer-facing...
...The bank’s upgrade follows its forecast last week that Brent crude prices will hit $90 a barrel by the third-quarter....
...The company’s main creditor Korea Development Bank said on Friday that Taeyoung E&C, a subsidiary of the Taeyoung Group, applied for a debt workout last month with creditors, raising fears of a repeat of...
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