Hints and tips:
Related Special Reports
...South East Water, which is under investigation by Ofwat for service failures, declined to comment on the letter....
...Leaver said: “In the absence of dividends, which are often used to service the debt at the holding companies, the financial companies will go bust pretty quickly.”...
...“CVR Energy is a cash cow,” said Nick Moglia, a credit analyst with CreditSights....
...In a statement of intent, the shareholders have hired restructuring advisers at Alvarez & Marsal to engage with the creditors of Thames Water’s ultimate parent, Kemble Water Holdings....
...an Argentine naval vessel during a protracted tussle with the Latin American nation — British water company legislation restricts the ability of bondholders to seize assets if Thames Water is unable to service...
...“I remain extremely bullish on Jefferies and fully committed to helping us continue to build the best independent, global and full-service investment banking firm.”...
...Kemble is the company set up to raise finance for Thames Water, which needs the cash to service its massive debt load....
...The sheikh held a minority stake in Brooge through his 24 per cent stake in BPGIC Holdings. A businessman, Salman Dawood Salman al-Ameri, was the majority shareholder in BPGIC Holdings....
...They send it to us because we provide a service, we provide better prices, right? The marketplace has created this unbelievable ecosystem, and it will continue to do it in asset classes around....
...The west is focusing on new technology in nuclear energy to reduce reliance on Russia and carbon, and profits at Chinese ecommerce group PDD Holdings soared 146% in three months to December....
...It also provides air traffic control services at many of the UK’s major airports, including London Gatwick....
...Price pressures also picked up, as services companies passed on higher wage costs....
...Many passengers only fly once a year and thus may not understand how services once included in a traditional airfare now cost extra, or how to navigate an airline’s website to find more pricing information...
...Investors’ bond holdings are insured in the same kind of way, too....
...Imported energy and food inflation hits ordinary Japanese households....
...He added: “Our understanding is that the company is still solvent, today’s news should not have an impact on services received by customers.”...
...China has also been creating an alternative to Big Tech’s data centres and cloud services....
...Diageo has appointed John Manzoni, the former head of the UK civil service, as chair from February next year. He will replace Javier Ferrán....
...Switching short-term holdings may result in higher costs for investors due to bid-offer spreads, she said....
...MainFT, last night: The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants...
...Exchange traded funds have taken over as the dominant holding in the fast-growing multitrillion-dollar US model portfolio market, helping to turbocharge their already rapid growth....
...In July 2021, the SEC fined UBS Financial Services, now owned by Credit Suisse, $8mn for holding short-term, volatility-linked ETPs for customers longer than designed....
...Interpublic Q1, Lloyds Banking Group Q1 interim management statement, Meta Q1, PZ Cussons Q3 trading update, Raymond James Financial Q2, Reckitt Benckiser Q1 trading update, Wabtec Q1 Thursday Global energy...
...International Container Terminal Services, a Filipino company, will run Durban port after a deal was clinched with unions to protect jobs....
...Macquarie put in place a so-called “whole-business securitisation”, where the utility’s cash flows service different tiers of debt....
International Edition