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...More than 170 interested parties made contact but predictions of bids from Big Tech failed to materialise....
...It also spent almost $17mn on legal fees, primarily benefiting its main legal adviser Morrison & Foerster....
...Let’s hope they choose somewhere that offers a balance between opportunities for scuba diving in turquoise seas and the equally strenuous marine activity of lying around on the beach, building up strength...
...The original loan was flagged as part of an internal investigation by the insurance group Tokio Marine, whose decision to pull coverage of Greensill helped trigger its collapse....
...boom (FT) Melrose to spin off auto business in GKN break-up (FT + Lex) Steve Bannon indicted for alleged fundraising fraud (FT) Evergrande crisis deepens after lender seizes headquarters (FT) Morrisons...
...Share your ideas with us at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...Banks have struggled to distribute loans backing Clayton, Dubilier & Rice’s £6.6bn take-private of the supermarket chain Wm Morrison....
...Until then, you can reach Sid and I at imani.moise@ft.com and sid.v@ft.com. Happy reading!...
...Some politicians, such as France’s far-right leader Marine Le Pen, argue sanctions hurt the French and other countries more than they hurt Moscow....
...But if Barnier secures the nomination of his party, he may emerge as Macron’s more plausible challenger, compared to the far-right’s Marine Le Pen or Éric Zemmour....
...This exhibition at the V&A invites us into the opulent world of master goldsmith Carl Fabergé and his London clientele....
...overcomes supply chain woes to boost profit margins (FT + Lex) Reckitt Benckiser shares hit as boom in cleaning products moderates (FT) Former Glencore trader pleads guilty to role in bribery scheme (FT) Morrisons...
...Please be v careful.” The minister tweeted that Google, the search engine, “can no longer be trusted as they don’t vet their advertisers”....
...Scott Morrison, Australia’s prime minister, spoke to Sundar Pichai, the chief executive of Google and its parent company Alphabet, on Thursday....
...While big tech companies “may be changing the world . . . that doesn’t mean they run it”, he insisted....
...Mr Morrison has so far shown no sign of bending to Google, telling media that Canberra “did not respond to threats”....
...Adding to the scrutiny is an unusual loan from Greensill to General Atlantic that was flagged during an internal investigation last year at insurance group Tokio Marine....
...ByteDance founder Zhang Yiming will step down as chief executive of the group behind the popular video app TikTok, in the latest retreat from the limelight by a Chinese tech leader as Beijing cracks down...
...Scott Morrison, Australia’s prime minister, issued a rebuke following Google’s comments, telling a press conference on Friday that “we don’t respond to threats”....
...Russia is seeking to manufacture its Sputnik V vaccine in Italy to meet a surge in overseas contracts....
...Customers include insurers Tokio Marine, Covéa and Ageas. How did you get started: With accidents and disasters, every recovery starts with a visual appraisal....
...Anyway, there’s much to enjoy in the paper for policy wonks, technologists or historians, so do have a read if you want a break from wondering whether we’ll have a V-shaped recovery or not....
...In that case we get the much-discussed V-shaped recovery in the third quarter....
...These factors mean that what was supposed to be a V-shaped trajectory in AxJ would look more U-shaped....
...Morrison & Foerster has hired Nicholas Sheets as a partner in its global private funds group in Hong Kong. He joins from Kirkland & Ellis....
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