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...Glass is described as a “nationally recognised crisis manager, fiduciary, Chapter 11 trustee, chief restructuring officer and bankruptcy adviser” on B Riley’s website. 777 declined to comment on the appointment...
...Germany’s largest lender on Thursday reported a 10 per cent year-on-year increase in net income to €1.45bn between January and March, slightly above analysts’ expectations....
...The company reported earnings of 88 cents a share, missing analyst expectations of $1.25, largely because older people are using more healthcare services....
...Some industry groups are less enthusiastic about a potential move to T+1 in Europe....
...Trading and investment banking helped lift Deutsche Bank to its highest quarterly profits in 11 years in the first three months of 2024, as global dealmaking started to pick up after a two-year long slump...
...Even excluding these, orders still fell 2.1 per cent in January. January’s decline was almost double the 6 per cent fall forecast by economists in a Reuters poll....
...Does Buffett matter?...
...Truck sales increased just over 1 per cent, and car sales fell 17 per cent. Electric vehicle sales rose 80 per cent. The increase in hybrid sales was smaller, at 32 per cent....
...The price of copper traded on the London Metal Exchange settled 3.1 per cent higher on Wednesday at $8,927/tonne, its highest since April last year....
...Why does the UK find it so hard to fix the persistent gap in numeracy skills and confidence afflicting women and girls?...
...On the face of it, Kering’s deal does not look too bad. The group is getting 11,800 square metres, of which more than 5,000 is retail space....
...At 90p a share, the bid reflects a premium of about a third to the closing price of the stock on Wednesday and is about 4 per cent higher than the net asset value in September, of $1.11 a share....
...It warned that “the full amount of all claims, including cumulative interest, is approximately €1.3bn”....
...That certainly does not mean backing juntas, which, in the long term, have little to offer their people. But it does mean engaging with populations through imaginative development projects....
...The Office for Budget Responsibility, the fiscal watchdog, does not expect real household disposable income to regain its pre-pandemic peak until 2025-26....
...— and 10 times more valuable than the more common 1,000-peso note....
...Last month, she raised $11.5mn, compared to $8.8mn for the former president....
...“It’s death by 1,000 cuts,” says Steve Pruett, chief executive of Elevation Resources, sitting in his office in Midland, Texas....
...WeWork went public via a Spac, reported ballooning losses and then filed for Chapter 11 bankruptcy protection....
...Over the past year its active customer base fell 11 per cent and the number of orders fell 13 per cent....
...minister Humza Yousaf on Thursday, Matheson said: “I have still not received the findings of the review, however, it is in the best interest of myself and the government for me to now step down to ensure this does...
...per cent), followed by hedge funds (15.9 per cent), venture capital (11.9 per cent) and “real” assets like infrastructure (11.2 per cent)....
...Warner paid off $1.1bn in debt during the quarter, leaving it with $43.2bn in gross debt at the end of March....
...Retail free cash flow, which was down slightly at £2.06bn this time around, is expected to come within the target range of £1.4bn-£1.8bn....
...Five more top stories 1....
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