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...The fund immediately becomes one of the largest pools of junior credit available to private equity groups and companies, when traditional investment banks are further retrenching from speculative corners...
...The ecommerce group’s deal comes as part of a restructuring for Diamond Sports Group, which is aiming to leave bankruptcy protection; its collapse sparked a media rights crisis that spooked US sport....
...Physicists have since the 1950s sought to harness the fusion reaction that powers the sun, but until December no group had been able to produce more energy from the reaction than it consumes — a condition...
...Chart of the week Fears for the future of the London stock market are mounting after SoftBank and CRH, the world’s largest building materials group, shunned the City in favour of New York....
...Analysts at John Hancock Investment Management broadly agree: While the outlook for the global economy is far from rosy, the high-yield segment of EM corporates appears priced for calamity....
...He also extended a $30mn loan to a company registered in the name of Epstein’s private pilot. The company, Plan D LLC, owned a Gulfstream jet....
...Fortress also owns the US restaurant group SPB Hospitality and this month took a majority stake in the Irish hotel company Prem Group....
...group more data and more muscle to sell advertising....
...Benjamin Parkin is the FT’s South Asia correspondent. Alice Hancock is the FT’s leisure industries reporter....
...“It’s a V- shaped return in Paris whereas in the UK you wouldn’t even be able to write a U,” he said....
...This exhibition at the V&A invites us into the opulent world of master goldsmith Carl Fabergé and his London clientele....
...For example, this newer document lists Geos LLC, a Russian private company headquartered in Novorossiysk, as the seller....
...It reported a $4.6bn net loss in 2020, down from a $149m net loss the year before. Both groups have furloughed thousands of staff during the pandemic....
...In September it posted a $1.6bn pre-tax loss for the first six months of the year, after the hit from the first lockdown....
...Ireland has broadened the age group of people who can receive the Oxford/AstraZeneca vaccine and will resume limited use of Johnson & Johnson’s shots, the government said on Tuesday, bolstering Ireland’s...
...The Kansas-based group operates more than 1,000 cinemas including the UK’s Odeon chain. It was acquired by China’s Dalian Wanda group in 2012 for $2.6bn....
...It is “open-minded” about which it would take and is willing to buy the Russian Sputnik V vaccine or the Sinovac vaccine from China, he added....
...UK ministers and media branded Monday “V-Day” as the first doses of the Pfizer/BioNTech vaccine were administered....
...Please be v careful.” The minister tweeted that Google, the search engine, “can no longer be trusted as they don’t vet their advertisers”....
...For one, MGM’s offer fell significantly below Entain’s expectations, sources told the FT’s Alice Hancock and DD’s Arash Massoudi, as a combination of the US sports betting boom and expectations of further...
...She announced on Wednesday that she would take up the role of chairman at the private equity-owned veterinary group Independent Vetcare....
...Mr Hunt warned that the limits on numbers — including the loss of about half of visitors who would normally come from abroad — would have an impact on the financial viability of the V&A....
...The UK Health Secretary Matt Hancock has just given an update on two apps being tested on the Isle of Wight....
...Mr Hancock, who had hoped to launch the app in May, originally suggested it would form the centrepiece of England’s tracing effort....
...Plus, the FT’s Tom Hancock has been quarantined after reporting on the coronavirus in Wuhan....
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