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...Two Chinese state-owned banks hold a crucial role in the future of Thames Water, as part of a group of lenders involved in a stand-off over debt at the parent company of Britain’s largest water utility....
...Parents are worried The independent sector in the UK educates approximately 620,000 children in more than 2,500 schools, according to the Independent Schools Council, an umbrella group for 1,400 schools...
...Thames Water — which supplies 16mn people in London and the surrounding area, or about a quarter of the population of England and Wales — has suffered a sharp drop in its bond prices after its parent company...
...McKernan told the Financial Times he wants to monitor compliance with those “passivity letters” by asset managers....
...The Financial Times on Thursday revealed Kemble’s creditors include two Chinese state-owned banks, part of a group of lenders that were involved in a stand-off over extending a £190mn loan due at the end...
...However, at the level of consolidated earnings before interest, taxes, depreciation and amortisation, News UK contributed a profit to parent company, the US-listed News Corp, for 2023....
...He became $4.6bn richer on Tuesday, at least on paper, when his shares in its parent Trump Media & Technology Group rose sharply as it went public under the stock ticker DJT....
...“The question remains whether Meta can contend in the AI race while maintaining a strong financial position....
...Kemble’s other lenders include two Chinese state-owned banks, the Financial Times reported last week....
...three years spent more than $1.5bn working on “Project Texas”, a corporate restructuring plan to safeguard US user data and content from Chinese influence through a partnership with American cloud software group...
...Plus, Goldman Sachs has relocated its head of financial institutions group for Europe from London to Paris....
...Many are simply increasing their rates — a problem affecting nearly three-quarters of parents recently surveyed by campaign group Pregnant Then Screwed....
...Margherita now says she is entitled to a stake in Dicembre, Exor’s parent company, based on her allegedly unlawful exclusion from her mother’s will....
...We had our work cut out this Budget week covering what could be the chancellor’s last big fiscal statement before the next general election and, thankfully, there were some positives for parents struggling...
...for their parents....
...“You’re going to need some pretty well-entrenched and well-versed entities to make that next step.” Additional reporting by Kate Duguid in New York...
...“We’ll see what the next version of that looks like.”...
...“Let’s keep the boycott going,” the Sydney-based blogger signs off, asking “which Starbucks drink should I make next?”...
...AbbVie said the incursion by rivals to Humira “was anticipated and contemplated” in its financial guidance....
...In debt financing, default rates are a guiding metric for investors, measuring how often a financial obligation is unmet....
...The group’s order book grew more than threefold last year to about €20bn today, most of that in Europe....
...year to restructure the debt-laden group....
...So what will happen next?...
...Facebook’s parent company said on Thursday its latest model, Llama 3, has “vastly improved capabilities”, including the ability to reason, in a step towards human-level intelligence....
...Job moves Carlyle Group has hired Jeff Currie, the former Goldman Sachs global head of commodities research, to help the US private capital group invest behind big trends in energy markets....
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