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...The £1.3bn of so-called class B debt, which is still inside the ringfence but has a lower-ranking claim on the company’s cash flows, could be hit with even deeper 35-40 per cent impairments....
...Traders are marking a riskier £250mn “class B” bond at little over 60 pence in the pound....
...That is in line with current market expectations given that a default at Kemble earlier this month sent the price of a second-ranking “Class B” bond plunging to little over half of its face value....
...No mention of the B-word, then....
...Ukraine aid bill: Democrat Senate majority leader Chuck Schumer is expected to propose a “Plan B” after the $118bn bipartisan spending bill that tied support for Kyiv to a crackdown on immigration at the...
...The state-run oil producer said the energy ministry had ordered the move which would have increased its daily output from 12mn barrels a day to 13mn b/d by 2027....
...When their idol took the stage, the screams that greeted her would do justice to the word hysteria, yet what followed was not an evening of Taylor Swift pop or Ariana Grande R&B, but a set of bossa novas...
...‘B-movie general’: The families of Israelis being held by Hamas have heaped criticism on the retired army officer who is managing the hostage crisis....
...“There is no question that there is bad behaviour [by Trump] here,” said Randall Eliason, a former federal prosecutor who is now a law professor at George Washington University....
...Mayo-gate, when investor Terry Smith launched a scathing attack on Unilever over its purpose-driven mayonnaise....
...Among the most expensive approved gene therapies are uniQure’s haemophilia B treatment Hemgenix, at $3.5mn and Bluebird’s thalassaemia drug Zynteglo, which is priced at $2.8mn....
...Amid the glut of pandemic fiction, the best — Ali Smith’s Summer (2020), Sarah Moss’s The Fell (2021) — approach the virus as a springboard for commenting on wider political issues, or use it to focus on...
...Between September 2000 and September 2023, 7,782 conflict deaths in the Gaza Strip were recorded by B’Tselem, a Jerusalem-based non-profit organisation....
...Sebastian Mallaby, ‘The Man Who Knew: The Life & Times of Alan Greenspan’ (2016) Favourite: The Money Game, by “Adam Smith”....
...Party A cannot coerce party B into providing labour or goods at a price that does not command party B’s unforced consent....
...Randall Kroszner, who served as a Fed governor between 2006 and 2009, said he was bracing for a “hardish” landing that could propel the unemployment rate to at least 5 per cent....
...The maritime sector he said, is “only so resilient” and “would clearly like to be reassured there is a Plan B”....
...Smith, a partner at US law firm Herrick, Feinstein....
...You would think it was part of a script from a budget B-movie if it wasn’t so true”....
...Britain after Brexit is edited by Gordon Smith. Premium subscribers can sign up here to have it delivered straight to their inbox every Thursday afternoon....
...The interim outcome of the work undertaken has confirmed that since 26 January 2021: (a) £0.4m due to HFL by HCP was offset from the latest deferred consideration payment; (b) £0.1m of HFL customer receipts...
...Read more: Does Xi Jinping need a plan B for China’s economy? Joe Leahy and Sun Yu in Wuhan and Chan Ho-him in Hong Kong report in this Big Read....
...“The transition to community care has not happened in the way that it needed to happen,” Smith says....
...But the key nuance here is related to the Section 4.2(b) referenced in the question (the other section referenced is a bit of a catch-all clause and is a little less relevant)....
...The car’s proportions aren’t a problem on California’s wide roads but on the UK’s tight city streets and B-roads, it might prove difficult to pilot....
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