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Move comes as authorities face $9bn in legal claims over rescue of failed bank
Bank of China and ICBC in a group of four banks behind £190mn loan that matures end of April
Bondholders’ group hires lawyers after telecoms company declines to use proceeds from asset sales to repay debt
...Having been introduced on Tuesday as Robert Kennedy Jr’s running mate, Shanahan’s life will now be turned inside out. RFK’s third-party candidacy could split the vote in key swing states....
...Robert F Kennedy Jr has chosen Nicole Shanahan as his running mate, picking a political newcomer and one of his largest donors to join an independent ticket that could alter the 2024 election....
Breaking down Sotheby’s foray into art-backed securities
...Among the film’s other awards were those for best actor and best supporting actor, given respectively to Cillian Murphy and Robert Downey Jr....
Investors calculated that it would take £8bn of fresh equity to comply with Ofwat conditions
Formal notice to bondholders fires starting gun on complicated debt restructuring
Prizes for director Christopher Nolan and actors Cillian Murphy and Robert Downey Jr
Government contingency plans could see bulk of debt taken on by state with utility split in two
Financier had tried to back out of 2020 deal to buy half of Global Champions citing financial difficulties caused by the pandemic
...Miles Roberts, DS Smith chief executive, said: “The combination with International Paper is an attractive opportunity to create a truly international sustainable packaging solutions leader that is well positioned...
Australian group had been criticised for loading UK utility with debt
UK’s biggest water utility, the government and Ofwat are at an impasse over its finances
Paul Weightman cut his teeth persuading players to join a breakaway Australian rugby league in the 1990s
Investors say regulatory conditions make utility’s business plan ‘uninvestable’
...Robert F Kennedy Jr announced on Monday that he would run for president as an independent, ending his long-shot bid for the Democratic nomination....
...The crash suggested the protection around the bridge’s piers — or main supports — from ships was “inadequate”, said Robert Benaim, a fellow of the UK’s Royal Academy of Engineering....
Esma levies rare penalty against Scope over failures to manage conflicts of interest
...More on US politics: Robert Kennedy Jr’s appeal to conspiracists poses a genuine threat to Joe Biden, Edward Luce wrote in June....
Carmakers and insurers braced for fallout after bridge collapse shuts critical US trade hub
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