Hints and tips:
...Sea Life, owned by Madame Tussauds operator Merlin Entertainments, charges up to £40 for entry to the London Aquarium....
...At a glance: Rooms: 112 rooms, 18 suites Good for: Musical-theatre fans — the hotel doubles up as an entertainment venue....
...LXI’s portfolio, valued at about £3bn, ranges from garden centres to a collection of theme parks — run by Merlin Entertainments — which were formerly owned by property investor Nick Leslau’s Secure Income...
...Last Thursday, the SEC charged Deloitte China with falling “woefully short” of proper standards by having clients complete their own audit tasks, including selecting which financial transactions should be...
...Such transactions might help to stem companies’ debt problems in the short term, while helping to preserve buyout firms’ equity....
...Falling glass is just as likely to bounce when it hits the ground as it is to break....
...The closest comparison is activist short seller Hindenburg Research, which is known for hiring journalists....
...The Merlin range has nearly a fifth of its equity assets — or £1bn — in two funds managed by Whitmore, illustrating the perils of key man risk....
...“Brand building is so important — without brand awareness, short-term advertising doesn’t work,” he adds....
...But not before a short break: Unhedged is off Monday for US presidents’ day. In the meantime, email me: ethan.wu@ft.com. Friday interview: Armen Panossian Credit markets are booming....
...Former KKR dealmaker Tim Short has launched Acadia Infrastructure Capital, a New York-based energy transition investment firm of which he will be managing partner....
...Take a break from the news There are about 4,000 snake species, living in oceans, lakes, deserts, forests and even underground....
...One is the title track, a cheerful break-up number with wobbly dubstep basslines and let’s-take-it-up-a-gear key changes....
...But the company’s $85bn market valuation may be short-lived. VinFast shares rose 255 per cent after it joined markets through a merger with blank-cheque company Black Spade Acquisition....
...Pacific economic and financial conditions nurture credit booms and market bubbles, for example, which can for a long time reinforce the tranquility — until something suddenly breaks....
...Roughly 40 per cent are operating at or below break-even point and up to 30 per cent have closed since Covid struck....
...Citing what he saw as the short-termism of US businesses, Morita warned: “You may never be able to compete with us.”...
...Those that fall short risk suspension and delisting....
...Tell us via a confidential short survey....
...He added that “the quest for short-term market share bumps” had historically led betting apps “to light a lot of money on fire”....
...It’s a far cry from Burford’s situation four years ago, as it battled accusations of dodgy accounting and a collapsing share price upon becoming the latest target of short seller Muddy Waters....
...part of a guide to Tokyo from FT Globetrotter and a collaboration with Nikkei Asia Like any great megalopolis, Tokyo offers endless options for cultural enrichment, intellectual fulfilment or mindless entertainment...
...Consider the LA of his late masterpiece Short Cuts — or that earlier American classic, Nashville....
...Its co-chief executive Egon Durban is chair of Ari Emanuel’s Endeavor Group, which in April announced an all-stock merger of Ultimate Fighting Championship with World Wrestling Entertainment that would create...
...His publicly traded holding company was targeted by a short seller and its shares plunged about two-thirds. The billionaire’s investment portfolio also struggled....
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