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...“It won’t.” The key battleground for the reform is the so-called matching adjustment, which gives insurers a solvency boost if they use certain long-term assets to match their liabilities....
...Christie’s total, up 17 per cent on last year, was boosted by 25 Surrealist works, which included the week’s top lot, René Magritte’s late “L’ami intime” (1958), hammering to little fanfare for £29mn (£33.7mn...
...In 2013, they bought a derelict, Grade II-listed building and outhouses at auction in the village of Thorncombe....
...In a world where Trump Mark II is a real possibility, I don’t think you can responsibly make that assumption any longer. Do you? Gideon RachmanNo. Probably not. Malcolm TurnbullWell, there you go....
...“I don’t have keys to my house....
...“He didn’t leave a square centimetre without something.” Each room has a different style....
...I am taken along a passageway from the church to the refectory, a whitewashed L-shaped room with limited but tasteful religious decoration....
...“We haven’t invested in London offices for quite some time because we’ve always believed this is the same pattern as retail.”...
...“This idea of the eternal wanderer, or l’étranger, stayed with him his whole life.”...
...“We will set a budget for a horse at the sales, and we won’t exceed it.”...
..., United Airlines Q3, Volvo Q3, Whitbread H1, Wipro Q2 Thursday France: October business confidence data US: Conference Board Leading Index Results: AJ Bell trading update, American Airlines Q3, AT&T...
...The religious impulse wasn’t gone — indeed, “I realised that anything that was any good had a religious quality, so that it didn’t matter whether it had that kind of subject,” she later said....
...They include Lady Amanda, which Comair bought in 2017 and named after his wife (for unknown reasons, it used to be called Revenge II)....
...He left for Milan in 1982 and didn’t really return until 2017....
...For UBS we do believe on an absolute basis even with revenue overlaps, due to the Swiss Bank IPO value creation to S/Hs and badwill creation, a NewCo UBS would be a positive investment proposition in the L-T...
...What Liverpool’s city centre doesn’t lack, however, is great historic buildings....
...Rising interest rates helped to lift L&G’s Solvency II ratio — its level of capital as a proportion of the regulatory requirement — from 187 per cent at the year end to 212 per cent, but this was below the...
...But to reiterate for the umpteenth time, solvency isn’t the issue. For a well funded scheme with a gilt benchmark (which describes most of them), higher yields are good....
...the Great Pyramid of Giza (itself visible from the museum’s panoramic windows); the Merneptah Pillar; and, in the soaring atrium, the 3,200-year-old, 83-tonne, 11-metre-high monumental figure of Ramesses II...
...“When you think of Sheffield you probably think of a [L S] Lowry painting; that harsh, cold, rugged darkness of industry,” says Mamnick’s Barnett, whose grandfather was a steel forger....
...“L’heure des bleus”, the opening section, pairs a group of Monet’s water gardens with Mitchell’s fluid panorama “Quatuor II for Betsy Jolas”....
...Her empire expands beyond this sizeable area of countryside to four London outlets all selling Bamford’s world of organic produce, natural fibres and fabrics, and things you didn’t realise you couldn’t live...
...A banker would never put it this bluntly, but the basis of the “dry powder” thesis is that if PE firms don’t invest this money, they won’t be able to charge fees on it....
...A short walk from the Place de l’Odéon, the building containing the gallery was originally commissioned in the 16th century by King Henri II for his mistress Diane de Poitiers....
...It doesn’t end here today.”...
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