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...This resulted in a writedown to just £4.3mn after a third-party valuation....
...In a lawsuit filed last week, Atlantic Coast Life Insurance and Sentinel Security Life Insurance, part of US insurance group A-Cap, asked a New Jersey court to stop AM Best from “issuing the rating it has...
...seeing the written sentences woven from chosen words, not unlike beads in a necklace?...
...You are being given a second chance to buy duration at a much better yield level than four months ago. Chance of rate rises: zero. Chances of rate cut this year, of some magnitude:99 per cent....
...Boeing’s Starliner programme is a private sector supplier to Nasa and a rival to Elon Musk’s SpaceX....
...Charles White-Thomson Senior Fellow, Adam Smith InstituteLondon SW1, UK...
...of a “gradual plan”....
...The Florida senator was swarmed by donors at a Republican event at Mar-a-Lago last week, said people who attended....
...Smith & Nephew survived a major shareholder revolt over a $2.6mn potential pay rise for its chief executive, in the latest controversy on executive remuneration by UK-listed companies competing with high-paying...
...“It’s like taking a brain and a heart out of a human and then planting a new brain and a new heart.” Read his interview with the Financial Times. 2....
...The Bank of England is planning a stress test next year on the effects of a funded reinsurance failure....
...Joe LeahyIt just seems inevitable that this year is gonna be a big year for trade tensions. Jessica SmithI’m Jess Smith and here’s the news you need to start your day....
...Sotheby’s is looking to borrow $500mn for three years* against a pool of loans it provides to filthy rich art collectors, through a new securitisation vehicle the auction house has dubbed ArtFi....
...Keel, a former 3M and General Electric executive, joined London-headquartered Smiths in May 2021....
...US-based International Paper has agreed to buy UK rival DS Smith in a deal valued at £7.8bn, the companies said on Tuesday....
...A depleted NHS might not be there as a safety net to look after them.”...
...It also announced a bigger than expected $110bn share buyback and a 4 per cent rise in its quarterly dividend....
...US-based International Paper has agreed to buy UK competitor DS Smith in a £7.8bn deal, trumping a bid from London-listed Mondi as consolidation across the paper and packaging industry accelerates....
...Sequa is a listed oil and gas company in which Tennor has been a major shareholder....
...The Brazilian aerospace and defence group is studying plans for a narrow-body aircraft or a long-range business jet, with a proposal ready for the company’s board by the end of next year....
...Take a break from the news Meet Tokyo’s top female sushi chefs, who are expertly challenging convention in a male-dominated profession....
...Hill & Smith has lauded the performance of its US businesses, describing a “standout performance in composites and electrical utility”....
...BlackRock has struck a deal with the Saudi Arabian government to open a multi-class investment firm in Riyadh, anchored by a $5bn mandate from the kingdom’s Public Investment Fund....
...ill-health in a given population....
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