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...The company noted that much of the capital it does have is used to maintain margin requirements with the prime brokers across Wall Street that lend to Jane Street, supercharging its trading operations....
...“An additional £4,000-£5,000 a year will have an impact on how much they can borrow. “We’ve had many chats with clients who’ve got children in private school and there are concerns,” he adds....
...It has about £1.5bn of net debt. EP now has until May 15 to table a firm offer under UK rules that govern takeover bids for public companies, though it said there was no guarantee it would do so....
...“I know of no other literature except certain late plays of Shakespeare that elevates grace as this book does,” Robinson concludes....
...You can find it in our feed More or Less: – Topher wants to see more interesting landmarks used in films, as in ‘North by Northwest’ and ‘John Wick: Chapter 4’ – Stephen wants to see no more ‘Ghostbusters...
.... $3B (~10%) and leads to flat-to-lower expenses for 2023E-2026E. This would come after a 3-year increase in core expenses of est. 1/4 (up $10B 2020-2023E)....
...No, “gardening by the moon” does not mean doing your planting and weeding at midnight....
...Does India really need all that time to vote?...
...Sales at John Lewis were down 4 per cent to £4.8bn. Trading operating profit improved by £170mn to £1bn at Waitrose, while at John Lewis it rose by £13mn to £689mn year on year....
...Investors have been buying options that will pay out if the common currency falls to $1 or below....
...And yet, over that same 40-year period, the average birth rate across these countries has fallen from 1.85 to 1.53....
...john.thornhill@ft.com...
...(The New Yorker) Jane Coaston puts important questions to polling expert David Byler, among them: should voters and readers trust polling?...
...Capital, he argued, does not flow to dangerous places. Good governance was thus a de-risking device for emerging markets....
...Also timed to coincide with Frieze New York is a new art fair, Esther, which runs in the Estonian House in Murray Hill, May 1-4....
...John Lydon’s ‘I Could Be Wrong, I Could Be Right’ spoken-word tour runs from May 1 to June 29, johnlydon.com Find out about our latest stories first — follow FTWeekend on Instagram and X, and subscribe...
...Jane Turton, chief executive, and Sara Geater, chief operating officer, will continue to lead the company....
...Since Russian forces launched their full-scale invasion, more than 4,000 schools and educational institutions in Ukraine have been damaged or destroyed....
...john.gapper@ft.com...
...Yesterday, Moral Money caught up with Kerry — and he insisted that the answer was “no.”...
...Third, there seems to be no prospect for dealing with the gulf between available resources and the demands on government without higher taxes....
...After all, no bugs, no us.” True, but however fragile and enthralling many insects are, box tree moth caterpillars are destroying my extensive box topiary created over 25 years....
...I have no doubt that AI will similarly create massive and, as yet, unimagined industries in future. It’s just hard to grasp what they are today....
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