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...Martin Gruenberg spoke to the Financial Times as his agency issued a paper detailing how it would handle the collapse of a global systemically important bank (G-SIB) such as Credit Suisse....
...It also increased marketing spend on new launches and events such as the Goodwood Festival of Speed, Pebble Beach and Las Vegas Grand Prix, and blamed “higher general costs, including inflationary pressures...
...katie.martin@ft.com...
...Arctos Partners, the private equity sports group with stakes in the Boston Red Sox and Liverpool FC, has invested in Aston Martin’s Formula One team on the eve of the sport’s return to Las Vegas in a deal...
...Arctos Partners, the sports-focused private equity group, has invested in Aston Martin’s Formula One team on the eve of F1’s return to Las Vegas in a deal that values the racing unit at about £1bn....
...I’m Katie Martin. Thanks for listening. [MUSIC PLAYING]...
...M&G Investments’ annual bond forum in London earlier this year featured an unusual presence on the stage: a large colourful statue of an elephant....
...F1, the world’s top single-seater championship, has seen its profits boosted by newfound success in the United States, where celebrities have flocked to new races in Miami and Las Vegas....
...In all, four companies spent more than $1mn on private jet travel for their chief executives in 2022 — Meta, Lockheed Martin, Netflix and Las Vegas Sands — versus two in 2021....
...Martinelli’s de facto disqualification leaves the race for Panama’s presidency wide open: another former president, Martín Torrijos, is running, along with ex-foreign minister Rómulo Roux and independent...
...I am here road testing the carmaker’s SUV, G-force pressing me into the passenger seat as former Portuguese racing driver Bruno Correia guides the car through a chicane and into a long straight....
...Designed by Andreas Martin-Löf, the 40sq m timber-and-glass cabins, with floor-to-ceiling windows on at least two of their four outlooks, appear to float above the land....
...The events in Miami and Las Vegas drew 270,000 and 315,000 in 2023. Miami had been on the cards for years until Liberty got the deal over the line....
...P&G, Fifth Third Bank, and SLB will also report earnings before the bell. India election: The first phase of voting in the country’s six-week election started today....
...In January, its executives said they hoped the Las Vegas Grand Prix weekend — which went ahead last week — would generate some $500mn in revenue alone this year, amounting to nearly one-fifth of the $2.57bn...
...The sport now races all over the Americas, including new flagship grands prix in Las Vegas and Miami....
...“A wall of worry is hitting the bond market and the latest trigger is the oil price,” said Jim Leaviss, a fund manager at M&G Investments....
...Martin Sion, chief executive of ArianeGroup, which since 2017 has lost its dominance of the commercial launch market to Elon Musk’s SpaceX, said the company was ready for the challenge....
...Las Vegas Grand Prix: After a four-decade absence Formula One returns to Las Vegas this weekend. Teams will compete on the iconic Strip for the first time....
...Philippe Lazzarini and Martin Griffiths write that people in Gaza feel desperate (“Humanity must prevail in the Gaza conflict”, Opinion, October 19). And well they might....
...The former Gunners captain is 41, but showed he’s still got it by slipping the ball between Norwegian star Martin Ødegaard’s legs in training this week. Now this is how it’s done!...
...Then, last week, on the eve of the first Las Vegas Grand Prix in four decades, he sold a minority stake to US investment house Arctos Partners at a valuation north of £1bn....
...Robin Wigglesworth To the head of fixed income at M&G for charity. But the tie was what we really wanted. Alexandra Scaggs The tie discourse I remember but I don’t remember the colour....
...Adding to the pressure on Entain, two London-based hedge funds, Martin Stapleton’s Perbak Capital Partners and Ilex Capital Partners, have taken short positions against the company worth more than £25mn...
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