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...Three years ago, the outlook seemed grim for the UK’s financial mutuals and co-operatives — organisations owned by their customers....
...Haymarket also lent $91mn to Jarm Capital, a Delaware company then owned by Josh Wander, co-founder of 777, according to a person familiar with the situation....
...The person noted that creditors to US telecoms firm Dish recently managed to block an aggressive debt restructuring by banding together and signing a co-operation agreement....
...Additional reporting by Owen Walker and Ian Smith in London...
...Mondi’s offer valued DS Smith at roughly £6.2bn, including debt....
...China has warned the US that Washington and Beijing must choose between “confrontation or co-operation” as secretary of state Antony Blinken began an official visit during which he is expected to deliver...
...International Paper’s all-share proposition for DS Smith is equivalent to 415p per share, which would value the company at roughly £6.8bn including debt....
...“It’s not beyond the realms of possibility that [underwriters] could process 10 times the volume,” said David King, co-founder and co-chief executive of Artificial Labs, which offers fully automated underwriting...
...Here are more details about the co-founder’s plans. 5....
...The comments indicate a rare moment of co-operation at a time of trade tensions between the two powers. Read the full interview....
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...European defence: MBDA, a pan-European weapons maker that successfully overcame national interests to compete with US rivals, is being held up as a model of defence co-operation needed in the region....
...Exclusive: The US and UK have signed a landmark agreement on artificial intelligence safety, making them the first countries to formally co-operate on how to test and assess risks from emerging AI models...
...Taiwan Semiconductor Manufacturing Co, the world’s largest chipmaker, has upgraded plans for production in Arizona, in a boost to the Biden administration’s efforts to bring the semiconductor supply chain...
...Exhibits include a roof garden, a rented patio and balconies with a maximum budget of £500 each, co-designed by Williams and students from Manchester Metropolitan University....
...The allies want to bolster their security ties to respond to what they view as a growing threat from China, which requires their militaries to co-operate more seamlessly, particularly in a crisis such as...
...Separately, a lawsuit filed in New York last week sought to prevent the transfer of 777 Partners’ assets to a co-founder to protect creditors’ interests, calling the firm a “house of cards”. 777 declined...
...At a news conference earlier today, the chief executives of the two groups said the scope of their co-operation would include software, core EV components and auto intelligence technology....
...Christine d’Ornano, global vice-president of Sisley Paris and co-creator of the new skincare brand Neuraé, thinks so....
...★★★★☆ To April 6, anenemyofthepeople.co.uk...
...Royal Windsor Horse Show 2024, 1-5 May, rwhs.co.uk...
...Mark Sorrell, the London-based co-head of mergers and acquisitions, and Gonzalo Garcia, co-head of European investment banking, would be the latest high profile departures under Solomon....
...The numbers, revealed in Bain & Co’s annual private equity report, show how rapidly the industry has grown over the past decade, as well as the challenges it faces from higher interest rates that have increased...
...targeted specifically at financial services companies, would capitalise on Cinven’s “proven track record” investing in the sector, said Caspar Berendsen, a senior dealmaker at the private equity house, who co-led...
...Not for the first time, off-camera drama has threatened to upstage on-screen action in Mr & Mrs Smith....
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