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...Additional reporting by Robert Smith in London and Kana Inagaki in Tokyo...
...Credit Suisse, whose clients ploughed $10bn into funds the Swiss bank ran with Greensill, is suing SoftBank in London to try to reclaim up to $440mn borrowed by SoftBank-backed construction company Katerra...
...“Over the years, the summer suit has become lighter in construction. The overall look is very elegant, but at the same time its lightness gives it modernity.”...
...Microsoft’s president Brad Smith lambasted the decision as “bad for Britain”, saying it would “discourage innovation and investment in the United Kingdom”....
...The company supplies construction products and operates separately from the Whyalla steelworks, whose purchase for about A$700m ($552m) in 2017 marked his entry into Australia....
...US LNG executives now believe that another wave of new construction may be imminent....
...Additional reporting by Ian Smith...
...So we asked someone who does, John Hartsel at Donald Smith & Co, a longtime gold stocks investor, who added: I think people are starting to look more towards protection against dollar devaluation and wealth...
...Credit Suisse has indicated that $2.3bn linked to three debtors — industrialist Sanjeev Gupta’s GFG Alliance, US mining business Bluestone Resources and SoftBank-backed construction company Katerra — is...
...It has previously divested from companies including China Construction Bank and ExxonMobil. However, the moves by LGIM are limited....
...It’s Adam Smith 101. Aspects of this idea have been pushed by various technologists and policymakers for some time....
...“The opportunities for nefariously exploiting this in Japan are far greater because the legal infrastructure covering the issue is so much laxer,” said CLSA Japan strategist Nicholas Smith....
...James Smith, research director at the Resolution Foundation, a think-tank, said the “disappointing” figures confirmed that Britain had never been on course for a rapid V-shaped recovery....
...Cash has also flooded back into a V-shaped market recovery at a pace that is anything but glacial, or U-shaped in geographical terms....
...US outfits such as Cadwalader, Wickersham & Taft, Reed Smith, BCLP and Baker McKenzie have moved swiftly to cut both payouts for partners and salaries for more junior lawyers — going further than most UK...
...As James Smith, research director at the Resolution Foundation, said: “Shutting down large parts of our economy inevitably means big falls in economic activity.”...
...“The prospects of a ‘V-shape’ recovery have long since faded, and we don’t expect the size of the UK economy to return to pre-virus levels until at least 2022,” said James Smith, economist at ING....
...Ant’s expansion into lending and other lucrative areas previously dominated by state-run financial groups like ICBC and the China Construction Bank, not to mention its vast troves of customer data, have...
...James Smith, economist at investment bank ING, said April’s GDP figures were “shocking”....
...JPMorgan already owns a slim majority, but the remaining 49 per cent stake will cost it Rmb7bn ($1bn) — a figure which our colleague Peter Smith noted as early as April....
...Going forward, the federal government has ordered that only Euro-V standard fuels can be imported. Elsewhere, banks have announced policies to end financing for coal-powered plants....
...Against the general trend, yesterday Ferrari confidently guided to a V-shaped recovery in its P&L from H2/20....
...Smith & Nephew states that ‘multiple [UK] private hospital groups [are] aiming for late June to restart’ – this is in line with our expectations given that the 14-week NHS deal started 30 March....
...Although not cheap, there remain opportunities in UK construction and thus stock picking is crucial....
...Bill Michael wants KPMG back in the good books After construction group Carillion collapsed in 2018, one UK MP declared that he “wouldn’t hire KPMG to audit the contents of my fridge”....
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