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Hume-Kendall had been accused by administrators to failed investment firm of using investors’ savings to fund lifestyle
President Yoon Suk Yeol has pledged to target private use of company vehicles
Companies analysis from our sister publication
...RWS Holdings has blamed its poor performance on “temporary headwinds” several times this year....
Also in today’s newsletter, the private sector is missing in action on climate resilience and adaptation finance
...The practice of holding a stockpile of land has been a point of criticism against housebuilders, but the finding that land banks are chiefly a “symptom” of the slow planning system will probably be welcomed...
Carriers and air traffic controllers have made changes to better manage flights across the continent
Group of 11 pharma, tech and luxury shares echoes US dominance of ‘Magnificent Seven’
London-listed company looks to focus on core markets of UK, Italy, Spain and Denmark as well as cost-saving measures
...London-based Christie’s was founded in 1766 but was bought by Artémis, the Pinault family’s holding company, in 1998....
...It then built the holding back up to 3.23 per cent, but hasn’t reported a trade since Apollo walked away in May....
Data to MPs from 8 lenders show concerns over financial crime and risk appetite among reasons for business account closures
Moves follow similar action by HSBC and Halifax
Ryanair, easyJet and Wizz Air point to signs of strong demand despite economic gloom and high ticket prices
...But if the Baillie Gifford-managed investment trust was so concerned about share price-NAV discounts, perhaps the better move would have been to mark down the value of its huge private company holdings to...
Warren East takes over as company tries to recover from consequences of technical meltdown last summer
...John Rose Former Chief Executive, Rolls-Royce Holdings PLC (not a shareholder) Advisory Board COP28, London SW13, UK...
Wealthy customers are pouring more money than ever into customisation, pushing carmakers to invest in supply chains and dedicated teams
...The new chief executive of Rolls-Royce has made a paper profit of close to £22mn on his holdings in the British engineer following a powerful rally in its share price....
Hong Kong-based fund frustrated at group’s failure to pay a dividend since 2020
...The company said the share sale was less than 4 per cent of Howorth’s total holding and is for personal cash flow reasons. There is a general sense of change at Alpha....
UK-based lender to sell business to Grupo Financiero Galicia for $550mn as it exits market racked with hyperinflation
Shares in UK engine maker jump as group raises forecasts for year
Chief executive says manufacturing ‘shit show’ has led airline to lower passenger number forecasts
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