Hints and tips:
...For Elliott, which waged and won a 15-year campaign against the Argentine state over unpaid debts, the row is not just about money — the sums in dispute are in the tens of millions of euros, according to...
...The banks subsequently raised a further $2.4bn, split across US dollars and euros. Demand from investors was strong enough to increase the $1.5bn dollar portion to $2.1bn....
...A bidding war has emerged for French digital music company Believe after Warner Music Group said it planned to make an offer to buy the company for at least 17 euros a share, more than a recent proposal...
...The row isn’t just about money — the sums in dispute are in the tens of millions of euros, according to people familiar with the matter. What’s at stake is the US hedge fund’s reputation....
...This month, Germany’s Axel Springer struck a deal with OpenAI worth tens of millions of euros a year to let its AI systems use content from outlets such as Bild, Politico and Business Insider....
...In May, Pimco bought more than €500mn of debt backing the buyout of British supermarket Morrisons, which a group of banks led by Goldman Sachs sold at 85 cents on the euro....
...The increase was a slimmer 37 per cent on a euro basis, according to FT calculations....
...Under the agreement struck with ChatGPT-owner, the German group will earn tens of millions of euros a year to allow its news content to develop generative AI technology that can create text, images and code...
...The euro hedged share class of the SPDR S&P 500 Ucits ETF will also have its fees cut, down from 0.12 per cent to 0.05 per cent....
...The ratio of puts to calls tied to the blue-chip Euro Stoxx 50 benchmark has risen to its highest level in BofA data stretching back a decade....
...The moves by Chinese banks are part of a shift by Russia to adopt the renminbi rather than the US dollar or euro as a reserve currency....
...The currency markets responded to the bank’s firmness by sending the Euro down against the dollar. The Fed’s job has been hard. The ECB’s job has been and will remain much harder....
...The agreement, worth tens of millions of euros a year, will allow the ChatGPT creator to use content from titles such as Politico, Bild and Business Insider....
...While O’Sullivan has not been charged in Germany, prosecutors in the Munich trial claim that companies the Englishman controlled extracted hundreds of millions of euros from the payments company before it...
...Any savings would be immaterial to a bank earning billions of euros. The Numis wage bill has averaged a little over 54 per cent of revenues, £83mn in the past five years....
...So if a US-listed firm has tonnes of Euro-denominated bonds trading far below par with change of control put options, these will be omitted from the calculation....
...The EU’s response has been to loosen state-aid rules and mobilise billions of euros in grants for tech companies....
...The ICE BofA Euro Corporate Index has returned a solid 3.2 per cent over the past three months. And for its high-yield counterpart? Make that 6.3 per cent....
...Need to know: business Rupert Murdoch stepped down as chair of Fox and News Corp, handing leadership to his eldest son Lachlan....
...The esprit de corps that had distinguished H2O when everyone sat in the same room was lost. Some at H2O wondered if Windhorst had drawn Crastes to Monaco....
...Note that both European sovereigns and euro-area bank worry-o-meters were zero in September. So now, nearly everyone thinks everything’s falling apart....
...He highlighted a number of “very attractive” opportunities including Carnival Corp and Jaguar Land Rover....
...The pile of euro-denominated corporate bonds flashing warning signs has jumped from €6bn at the end of 2021, according to Financial Times calculations based on Ice Data Services indices....
...Last month the world’s largest asset manager proposed changing the index for its €1.4bn iShares € Corp Bond ex-Financials Ucits ETF to the Bloomberg MSCI Euro Corporate ex Financials Sustainable SRI index...
...The world’s largest asset manager has asked shareholders of its Dublin-domiciled iShares € Corp Bond ex-Financials Ucits ETF to approve an index change to the Bloomberg MSCI Euro Corporate ex Financials...
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