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...Allwyn had been planning to go public in a €9.3bn Spac merger with blank-cheque company Cohn Robbins Holdings Corp but both parties called off the deal in September citing volatile market conditions....
...Jasper Reid, the founder of IMM, who runs a number of cafés in India under the Jamie Oliver brand, said cafés had proven particularly popular among international investors because operating them cost less...
...As we’ve covered previously, the US’s auto insurance rates have soared 24 per cent over the past two years (v BLS data)....
...Players continue to flock to GTA V a decade after it was first released, thanks to a steady stream of new content and add-ons from its developer, Rockstar....
...The New York-based firm has previously been active in situations including the proposed merger between Rupert Murdoch’s News Corp and Fox businesses....
...Arrival announced it would merge with Kensington Capital Acquisition Corp V, another blank cheque company. Arrival may survive to commercialise its delivery van....
...Arrival is merging with Kensington Capital Acquisition Corp V, paying a huge premium in order to add $300mn to its balance sheet. It is a desperate move that is unlikely to trigger a Spac revival....
...In the UK, Starbucks is “contending with operating cost increases at the same time that competition intensifies, with takeaway food chains and restaurants focusing on coffee as a secondary discounted offer...
...While other large European markets — France, Germany, Spain, Turkey and the Netherlands — have always been run by licensed operating partners, Starbucks still owns about 30 per cent of its UK stores....
...RBC Real Estate Capital Partners has hired Blackstone’s Jonathan Haas and JPMorgan Chase’s Oliver Pepper as a director and a vice-president focused on loan origination, respectively....
...Online payments company PayPal, Dow Jones parent company News Corp, and ride-sharing company Lyft report after the bell....
...The marketing dream of a Messi v Ronaldo World Cup final is still alive, at least for the next few hours....
...As ever, reach out to Imani (imani.moise@ft.com) or me (sid.v@ft.com) with your thoughts....
...Oliver Dowden, culture secretary, last month told MPs his aim was a regime to protect the vulnerable while “at the same time operating in a free society”....
...Channel 4, which generates about £1bn of revenue a year, has never called on the taxpayer to cover operating costs....
...At nearly 400ft, the new SpaceX rocket will eventually be taller than the Saturn V that carried Nasa’s Apollo missions to the moon, and its 33 engines will deliver twice the thrust....
...He hasn’t announced a blank-cheque deal since January, when his Social Capital Hedosophia Holdings Corp V announced a tie-up with the digital lender SoFi....
...On Friday, Honda also doubled its full-year profit guidance and raised its annual dividend forecast, citing strong demand for its Vezel and XR-V models in China....
...Alex Mahon’s comments came after culture secretary Oliver Dowden this month said that privatisation plans for Channel 4 were back “on the table”, as the Conservative government takes a combative stance against...
...Think of it as the deployment of trusted digital guardian angels, operating overtly and in plain sight....
...Mr Claure, who joined SoftBank in 2013 after it acquired telecoms group Brightstar and is now its chief operating officer, added that SoftBank was “better positioned than it’s ever been” to do deals....
...But this will not be a V-shaped recovery. Burberry: kate.burgess@ft.com McCarthy & Stone: oliver.ralph@ft.com...
...Jan Marsalek, the company’s former chief operating officer, has vanished but is wanted under an international arrest warrant....
...Such a hearing would have been unthinkable even a few months ago, when London’s legal district near Holborn was still operating as it had done for centuries....
...These let insurers know if a driver is operating safely and, if necessary, they can change the premium....
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