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...Before most people knew what a camera was, the V&A was already amassing photographs....
...Factories and warehouses “are just not designed for the temperatures we are seeing now and expected to see,” says Kent of the mechanical engineers’ association....
...This prosthetic was more high-tech than the mechanical arm she wore during our meeting in July....
...Tristram Hunt is director of the V&A and a former MP for Stoke-on-Trent Central....
...Get the full story from the FT’s Michael Pooler and DD’s Rob Smith here....
...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...
...FTSE 100 group Smith & Nephew had an even worse April than ITV. April revenues for the medical devices maker dropped 47 per cent, as elective surgeries have come to a halt in many countries....
...Metro Bank had the nightmare experience of pulling a bond sale entirely, salvaging the deal only by returning to market at a practically unheard of 9.5 per cent yield....
...Beisheim, which manages the estate of Metro’s late co-founder Otto Beisheim, and Meridian, which represents the Schmidt-Ruthenbeck family, lifted their joint holding in Metro from 20.6 to 23.1 per cent....
...(GQ) News round-up French insurer Covéa set to buy PartnerRe for $9bn (FT) Sysco Corp explores tie-up with Germany’s Metro (FT) Software company $1.4bn loan deal shelved on virus turmoil (FT) British...
...Metro Bank interim chief executive Dan Frumkin will take the role permanently, as the retail bank reveals its second attempted turnround plan in a year. Full tale here....
...Xerox wants to give HP’s board its walking papers We’re all guilty of overusing the David v Goliath trope but in the case of Xerox and HP, it really does apply....
...Metro Bank has started its search for a new chairman to replace its founder Vernon Hill....
...DD’s Indap v NYU’s Damodaran: Is stock compensation good or bad?...
...Roscoe, who will be based in London, joins from Herbert Smith Freehills....
...investors Burton Malkiel CV Born August 28 1932 Boston, Massachusetts Education Various years 1943-64 Boston Latin School, Harvard, Princeton Career 1955-58 US army finance corps; 1958-60 associate, Smith...
...The hedge fund’s founder, Randall Smith, is a godfather of investing in distressed assets who has trained legions of portfolio managers....
...Heath Freeman, one of Mr Smith’s protégés, runs Alden’s day-to-day operations....
...That compares to annual sales of £951m at Smiths Medical, which has a portfolio of products such as mechanical ventilators and tracheotomy tubes....
...In perhaps the seminal case of deal adviser liability, investment bank RBC Capital Markets chose not to settle with shareholders who claimed it rigged an auction of its client Rural/Metro....
...Medical devices is its single largest business, with a portfolio of products that includes infusion pumps and mechanical ventilators....
...“Presumably, disappointing trends were well known,” said HSBC, which downgraded Metro to “reduce”....
...Trygve Smith recommended Megève, a modest farming town where a nascent tourist trade had ended with the first world war....
...“Nature is quantum mechanical so, if you have a computer that worked on quantum principles, it would be mapping apples to apples,” says Bob Sutor, a researcher at IBM....
...Get in touch with us: Due.Diligence@FT.com Altice and Goldman A scoop from the FT’s Robert Smith and Harriet Agnew on Monday — about Goldman Sachs’ efforts to sell on debt exposure to Altice — sent some...
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