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...KPMG has been fined £1.46mn by the UK accounting regulator for “serious failings” in its audit of M&C Saatchi, the advertising agency that was hit by an accounting scandal in 2019.The Financial Reporting...
...First, a couple of the problems: 1) Sometimes these covenants only cover transfers of intellectual property....
...KPMG has been fined £1.5mn by the UK accounting regulator for “serious failings” in its audit of M&C Saatchi, one of Britain’s best-known advertising agencies....
...That’s the view I had when I was a kid: that it was too serious and you had to have a certain kind of taste to understand it,” says José Balvin, aka J Balvin, the Latin reggaeton superstar who ranks among...
...J Richard Finlay Founder, The Finlay Centre for Corporate & Public Governance Toronto, ON, Canada...
...Canadian insurance group Manulife has announced a C$13bn ($9.6bn) reinsurance deal with KKR’s Global Atlantic, freeing up C$1.2bn of capital that the Toronto-based insurer intends to return to investors...
...At trick 1, declarer should rise with A♠, draw trumps with ♥AK, and then take the club finesse....
...The first of Hinkley Point C’s two 1.6GW reactors, previously due to start producing power in 2027, could now be delayed until 2031....
...Canada Goose expects revenues of C$1.28bn to C$1.31bn compared with previous guidance of C$1.2bn to C$1.4bn....
...The club’s executive chairman is one Daniel J....
...In today’s newsletter: Trump’s Spac riches take shape Sullivan & Cromwell faces FTX fees Adam Neumann’s new WeWork deal Donald J Trump goes public and makes billions Just one week ago, Donald Trump...
...Then, GLP-1 anti-obesity drugs hit the market, long-time spokesperson and board member Oprah Winfrey announced her departure, and the company’s credit rating was downgraded....
...Sainsbury’s expects to have taken £1.3bn of costs out of the business over the past three financial years to March 2024....
...Lorca Model No 1 GMT (c 2023) Shteyngart has made friends through his collecting....
...The government has committed £1.2bn and taken a 50 per cent stake alongside EDF in the company set up to deliver the plant....
...Valentino’s revenues were €1.4bn last year, and Kering paid €1.7bn for the shares. The deal gives Kering the option to buy the remaining 70 per cent of the company within five years....
...Special FT subscription offers for Life and Art podcast listeners, from 50% off a digital subscription to a $1/£1/€1 trial, are here: http://ft.com/lifeandart Original music by Metaphor Music....
...Much of Murphy’s own research has been with the tiny nematode worm C elegans, which possesses only 959 cells (by comparison, we have more than 50 trillion)....
...Marston’s sales climbed 8.1 per cent in the 16 weeks to January 20, while premium operator Young & Co’s Brewery said managed sales rose 4.7 per cent in the 13 weeks to January 1....
...That was before DD’s Robert Smith and FT investigative journalist Cynthia O’Murchu exposed that H2O had poured nearly €1.5bn into Windhorst’s network of rickety ventures back in 2019....
...Sainsbury’s Bank operates 1,350 cash machines and 225 travel money bureaus in its supermarket stores across the UK....
...It means the government has now committed £2.5bn to pave the way for the proposed Sizewell C nuclear power station in Suffolk in south-east England, up from £1.7bn previously....
...Citigroup analyst Andrew Coombs estimated that £2.7bn of this was expected to come from the investment bank, with the remaining £1.9bn coming from the new corporate and retail divisions....
...On Tuesday, UnitedHealth reported an $872mn first-quarter hit from the attack — and warned this could double to an eye-popping $1.6bn (not least because the gang are now reportedly creating continuing headaches...
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