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...He has also said in a statement that he had no knowledge of Herbert Smith Freehills’ work on behalf of the Post Office during his stint as adviser....
...Addleshaw Goddard advised BT, while Herbert Smith Freehills counselled the buyer. Additional reporting by Jonathan Wheatley...
...But in both cases, gross mismanagement of interest rate risk might well have destroyed the groups even if depositors had not run....
...Financial services contribute more than a fifth of the territory’s gross domestic product....
...Corporate chiefs demur: Herbert Diess of Volkswagen fears a downturn worse than that wreaked by the pandemic....
...And as VW’s recently fired chief executive Herbert Diess remarked last year: “China probably doesn’t need VW but VW needs China a lot.”...
...These banks have taken a gross loss of more than £200mn on selling the debt this year, according to Financial Times calculations....
...Alfred Herbert, once the UK largest machine tool maker, is a cautionary tale. After a century at the top of its game, it failed in 1982....
...VW chair Herbert Diess told the Financial Times last week that “the semis shortage probably has helped the entire industry to improve profitability”, referring to the prioritisation of the production of...
...Herbert Diess, the chief executive of Volkswagen, told the FT this week that a prolonged war in Ukraine risked being “very much worse” for the European economy than the coronavirus pandemic, due to supply...
...Watch out also for a rush of Turkish data — inflation, a Q3 gross domestic product figure and the country’s trade balance — which are likely to garner a lot of attention given the last week’s upset....
...“The vote today is short-sighted and against the interests of all Slovenians and not only against the banks,” said Herbert Juranek, chief executive of Addiko Bank....
...Rhys Herbert, senior economist at Lloyds Bank, said that while the data pointed to a “strong ongoing recovery” overall, worker shortages, supply chain disruption and rising cost pressures were “starting...
...The size of Italy’s debt burden — more than 155 per cent of gross domestic product — has long been a source of neurosis for the eurozone’s thrifty northern states....
...Yet residual DB assets were still £1.7tn in 2020, which is 85 per cent of gross domestic product. But what new wealth are these funds generating? Desperately little....
...He was previously co-head of Herbert Smith Freehills’ German disputes practice....
...There is nothing since the stock market collapse last March that resembles the policy inertia of Herbert Hoover’s administration after 1929....
...There are monthly figures listed for each client, including net and gross transaction volumes, sales, costs and commission....
...But even though the recovery has been faster than expected, the level of US gross domestic product in the third quarter is still unlikely to match or exceed its pre-pandemic numbers, and the labour market...
...Nike said Herbert did not violate any company policies....
...Kenneth Rogoff and Carmen Reinhart famously found that growth rates fall when debt reaches 90 per cent of gross domestic product....
...“You have to be really brave to try and come into [the] automotive [sector],” said Volkswagen chief executive Herbert Diess....
...“This trade war is really influencing the mood of the customers, and it has the chance to really disrupt the world economy,” Herbert Diess, Volkswagen’s chief executive, said at the Frankfurt motor show...
...Gross profit at its new and aftersales businesses fell 9 per cent, while gross profit at its flagship used car division dropped 1.6 per cent....
...Others analysts argued Friday’s tariffs would not have a massive additional impact on China’s growth since exports are already a significant drag on gross domestic product due to previous developments in...
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