Hints and tips:
...How does the owner of a string of bricks and mortar gaming arcades in China keep customers coming during the coronavirus lockdown? By teaming up with Alipay, the e-wallet of Alibaba’s fintech unit....
...Lionard is selling a 17th-century palazzo there for €10m. On Giudecca island, E&V is marketing a four-bedroom apartment for €3.5m....
...Regulations that prohibit money market funds from “breaking the buck”, i.e., returning less than invested, as is the case in the United States, can be changed if needed (not that we expect the US to move...
...Look around and you will see plenty of would-be tycoons e-mailing furiously, or perhaps presenting a business plan to a potential backer....
...Fraser Smart, managing director at Buck Consultants, a global employee benefits and human resource consulting firm says salary sacrifice is an alternative tax efficient method for staff to fund a number...
...Neither offers a fast buck. Post a comment below or e-mail the Lex team confidentially...
...The right has existed in US state common law since a 1918 case called International New Services v. Associated Press....
...As Economics of Contempt noted, for comparison, Merrill Lynch was quoting a deal called Independence V at 90, while Goldman had it down at 67.5. In any case, we know where Hank stands: Mr....
..., manage to maintain a “V-shaped” recovery?...
...Reserve’s directors and officers, the funds and the management company have a $10m insurance policy with AIG. The insurance money would be tapped before the $75m, under the SEC’s plan....
...Having prevented a run last year after one fund “broke the buck”, the guarantee for the $2,500bn money market mutual fund industry, first meant to expire in April, ends this week....
...See XLCA v Merrill, above....
...AIG, the insurance giant, was carrying a large short position in CDS and faced imminent default....
...Money market funds immediately “broke the buck” leading to epic withdrawals from money markets into Treasuries....
...Reiterating a “buy” rating on the stock which he said was one of the few growth stocks in the sector, he noted that Next trades on a p/e of 12.5, a discount to the average of its peers of 13.5....
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