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...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....
...Traders are marking a riskier £250mn “class B” bond at little over 60 pence in the pound....
...That is in line with current market expectations given that a default at Kemble earlier this month sent the price of a second-ranking “Class B” bond plunging to little over half of its face value....
...Today, we explain what European Council President Charles Michel’s run for a European parliament seat means for the rest of the Brussels machine, and I hear Belgium’s plans to get an ironclad Plan B for...
...Americans for Prosperity Action, a political spending group backed by influential conservative billionaire Charles Koch, said it would stop funding Nikki Haley’s presidential campaign following her heavy...
...Palazzo Passerini is a three-bedroom residence that can be booked on a B&B basis or bought out in exclusivity by a total of six guests....
...No mention of the B-word, then....
...He was influenced by the performance artist Jack Smith, and was in turn a big influence on me. I would run away from my home in Baltimore and go and see Smith’s performance pieces and movies....
...Ukraine aid bill: Democrat Senate majority leader Chuck Schumer is expected to propose a “Plan B” after the $118bn bipartisan spending bill that tied support for Kyiv to a crackdown on immigration at the...
...She is beautifully matched by Malcolm Sinclair as Charles, a man who has long since opted for a peaceful life....
...The state-run oil producer said the energy ministry had ordered the move which would have increased its daily output from 12mn barrels a day to 13mn b/d by 2027....
...Results: Analysts expect a sharp drop in fourth-quarter profits at broker Charles Schwab....
...Providers such as Fidelity, Vanguard and Charles Schwab had for years treated money market funds as a loss-leader but that has now changed....
...(Neither Smith nor Pratt left any written testimony.)...
...Charles Kerrigan, a crypto specialist and partner at law firm CMS, said fines would likely fall because crypto was already much more tightly controlled than it was in its infancy....
...Crime and energy will be at the heart of the announcement, the first delivered by King Charles as monarch and the first for Rishi Sunak since he became prime minister....
...Here’s what I’m keeping tabs on today: EU-China summit: European Commission president Ursula von der Leyen and European Council president Charles Michel meet Chinese President Xi Jinping and premier Li...
...Gideon discusses these questions, and the role played by European Commission presidents, past and present, with Charles Grant, director of the Centre for European Reform in London....
...and the US’s Indo-Pacific allies to stricter controls at the US-Mexico border collapsed this week under the weight of opposition from Donald Trump The failure of that bill prompted Schumer to push “Plan B,...
...When their idol took the stage, the screams that greeted her would do justice to the word hysteria, yet what followed was not an evening of Taylor Swift pop or Ariana Grande R&B, but a set of bossa novas...
...Five years ago Jean-Charles Naouri had an opportunity to sell his French grocery empire Casino before it crumbled under a mountain of debt....
...The controversial scenes — which find the recently deceased princess speaking with Charles and the Queen — are likely to only offend those who seek to be offended, says reviewer Dan Einav....
...Its failure sparked a salvage effort by Democrats, with Senate majority leader Chuck Schumer proposing a “Plan B” to keep funding for Kyiv intact — raising hopes that further US backing for Ukraine could...
...‘B-movie general’: The families of Israelis being held by Hamas have heaped criticism on the retired army officer who is managing the hostage crisis....
...“I would be very surprised if anytime soon you heard commentary from somebody like the chair or others that ‘we’re done’,” Charles Evans, who retired from the Fed in January after serving 15 years as president...
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