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...“This fire sale can easily destroy hundreds of millions of euros in value,” a person familiar with the concerns warned....
...Co-op Live, a £350mn venue in Manchester backed by US investors Oak View Group, was supposed to open on Tuesday night with the first of two gigs by comedian Peter Kay....
...And one thing to start: Adam Neumann, the co-founder of WeWork, has submitted a conditional bid of about $600mn for the bankrupt co-working company he led until 2019, according to three people briefed on...
...Higher interest rates lit a fire under the corporate pensions market, with improved scheme funding levels meaning hundreds of billions of pounds of pension obligations are expected to be transferred from...
...IAG was one of the main insurers behind $10bn of cover arranged for Greensill through Bond & Credit Co, an underwriting agency the Australian insurer owned a 50 per cent stake in before selling it to Tokio...
...Hudson Bay Capital, Reverence Capital Partners and hedge fund Citadel are co-investing in the deal which closes on Monday....
...Something akin to this happened in August 2007 — a fire sale liquidation of quantitatively constructed portfolios which revealed a systemic risk in this part of the hedge fund industry....
...Australian insurance agency Bond & Credit Co arranged $10bn of coverage for Greensill, which specialised in supply chain finance and collapsed into administration in 2021 after its insurance expired....
...The management of the Federal Deposit Insurance Corporation, which has come under fire in the past week following a report of widespread sexual harassment and gender discrimination at the agency, on Tuesday...
...He had been JPMorgan’s co-head of Emea M&A and co-head of its global strategic investor group M&A. Blackstone has hired Dan Leiter as international head of the firm’s credit and insurance business....
...Greensill had arranged trade credit insurance through Bond & Credit Co — the underwriting agency in which IAG formerly had a 50 per cent stake — to cover contracts in case of default....
...Following the collision, the JAL plane caught fire as it skidded along the runway....
...Christopher Kostow, the chef behind those three stars, is manning the kitchen full-time at The Charter Oak, his (excellent) place in town, while the Restaurant at Meadowood will reopen, it’s hoped, at some...
...Risk appetite, geopolitics, charter party obligations, insurance costs and arbitrage economics, not just the naval presence, are driving their decision-making....
...I’m paying for that when I pay my insurance. Consequently, I think the American public is getting it, understanding it....
...In particular, it has pioneered the practice of creative debt investing using life insurance premiums as a base....
...Labour has come under fire from the Tories over its pledge to invest £28bn a year into its flagship green prosperity plan to boost low-carbon energy....
...“Fire safety is obviously very important,” says Engi Meacock, “but unfortunately a lot of biomaterials have yet to be certified for fire safety (due to the complexity and cost of the process), which can...
...Others include Niloufar Bayani and Sepideh Kashani, arrested for environmental activism in 2018, as well as Sahar Khodayari, who set herself on fire to protest against the banning of women from sports stadiums...
...The group has denied wrongdoing and pledged to co-operate with the investigation....
...Bank of America has come under fire from environmentalists for changing its tune on Arctic drilling and coal power plants....
...These cannot be solved without global co-operation. We desperately need a forum to foster such co-operation....
...Riley Financial is under fire for funding a buyout linked to a firm that prosecutors call a fraud, The Wall Street Journal writes....
...But it described the accident as “an exceedingly rare event” that had not been included in any of the scenarios outlined by regulators or insurance industry bodies, nor come up in its “millions of miles...
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