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...It resigned as auditor of Sunac, Shimao and R&F in 2022. The Evergrande audits were carried out by PwC’s Hong Kong business, filings show....
...German insurers including Munich Re and Allianz have amassed more than €3bn of exposure to the struggling property empire owned by real estate billionaire René Benko....
...David R Jones, the chief judge of the US bankruptcy court for the Southern District of Texas, resigned in the past week after he admitted to concealing a romantic relationship with a Houston bankruptcy attorney...
...by Judge David R....
...Praising the “great success for [German] counter-intelligence”, interior minister Nancy Faeser warned of the “considerable danger” Chinese spying posed to western businesses....
...But being the lender to real estate folks is better in this rate environment and you get the property as collateral.”...
...There’s quite a lot of feathery pop-soul and R&B, nice enough but too airy to leave an impression....
...Ichiban’s pet lobster, Nancy, with a member of the native crustacean population....
...US corporates spend roughly twice what European companies do on capex and R&D (as a share of cash flow)....
...He’ll be watching residential property markets in Australia, Canada, the UK and Sweden; commercial real estate in the US and Germany; US corporate debt; and default rates from US consumers on credit cards...
...One minute we are deep into the story of Napoleon, the pet vulture that dominates the Venezuelan estate; the next in the middle of an uncomfortable childhood holiday in “Sweaty Alice”, the nickname of the...
...In the 1970s, the gallery’s reputation was damaged when it emerged trustees of Mark Rothko’s estate had sold paintings to the gallery for far less than market value; Frank Lloyd was later convicted of tampering...
...Most recently he was hit with a penalty of more than $450mn, including interest, in a civil lawsuit in New York over “blatant” fraud committed by his real estate empire....
...Since then the retailer has had to contend with the effects of inflation as well as the heavy debt load it took on when CD&R acquired it....
...In my view, one of the big things pushing down R-star has changed fundamentally, and that’s productivity....
...A key change is the expansion of the coverage to include a much wider range of non-public assets, including private debt funds, directly held private debt and directly held real estate funds....
...Within a few days, I could describe the story of our newspaper’s signature colo (u) r. Within a few weeks, I started dropping phrases like “reverse ferret” into casual conversations....
...It’s also not clear whether Apollo’s video theme is a subtle jab at Bain and KKR, who were involved in the leveraged buyout of Toys R’ Us (may it rest in peace)....
...It follows a period in which the firm built up a significant business auditing Chinese real estate groups: PwC has also acted for others that have struggled, such as Country Garden, Sunac, R&F Properties...
...In the early 1960s, Rothschild met Serena Mary Dunn at the house of Nancy Astor, the first woman to take a seat in Britain’s parliament....
...Prime real estate usually reserved for high-ticket guest rooms, the space has epic views of the city skyline....
...They met at the Filoli estate south of San Francisco and had lunch before attending the Asia-Pacific Economic Cooperation forum with other world leaders in the city....
...Early on the IPO roster is expected to be Reddit, the social media network where users on its own r/stocks forum take a pretty dim view of its flotation plans....
...“The lion’s share is going into living,” says Nancy Curtin, chief investment officer of AlTi Tiedemann Global....
...In America, federal estate taxes make up only 0.4 per cent of revenues. Still, that is more than enough to buy one Gerald R Ford-class aircraft carrier, if that floats voters’ boats....
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