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...” of Thames Water “within the next week”....
...Two Chinese state-owned banks hold a crucial role in the future of Thames Water, as part of a group of lenders involved in a stand-off over debt at the parent company of Britain’s largest water utility....
...companies like Thames Water start to unravel,” said Ash Smith, of Windrush Against Sewage Pollution campaign....
...Executive directors at listed groups are typically paid according to where the company has its primary listing, so Smith & Nephew’s chief executive Deepak Nath, an American based in Fort Worth, Texas, is...
...its advertising business, almost a year and a half after the debut of ChatGPT....
...restricts the ability of bondholders to seize assets if Thames Water is unable to service its debts....
...New York-listed insurer Assured Guaranty had more than $12bn of exposure to UK water companies at the end of 2023, with more than $2bn to Thames Water alone....
...The nearly £15bn of debt held by the Thames Water utility companies that sit below Kemble should be unaffected by the default....
...The bonds were issued by Kemble Water Finance, which sits above the nearly £15bn of debt at the Thames Water utility companies that should be unaffected by the move....
...Fans jostled to meet the cowboys, whose jeans were still covered in the arena dirt. We left buzzing on proximity to danger and tequila sodas passed around like water (trickily, called “ranch water”)....
...In a presentation to investors in December, Thames Water forecast that its gearing ratio was set to rise to 84 per cent at the end of 2025, even if shareholders injected a further £750mn of equity into the...
...Concerns over the future of Britain’s biggest water provider reached a peak this week when investors refused to inject £3bn of much-needed equity, despite nearly a year of negotiations with the water industry...
...That marked the start of a potentially messy restructuring at the owner of Britain’s largest water company, which serves 25mn people....
...The union that represents the biggest group of members in the USS called on Thursday for the renationalisation of Thames Water....
...The financials and AI investment plans of Google and Microsoft had been in particular focus in light of the experience of rival Meta....
...The Project Timber analysis suggests that the smaller share of creditors, who hold “Class B” debt — and own about £1.6bn of the Thames Water operating company’s borrowings — would probably lose 35-40 per...
...Thames Water, the UK’s biggest water company, provides water and sewage services to 16mn people, or around 25 per cent of the population....
...“The US guys were employed at will,” he said adding that they were due to start at Corinthia at the beginning of April....
...This year’s staging of Balikatan, the allies’ largest annual military drill, will include a joint sail in the disputed South China Sea outside the Philippines’ territorial waters....
...Meta: The midweek whiplash for the social media company’s shareholders speaks volumes about how fast the focus of competition has shifted in the tech world, writes Richard Waters....
...Directors include Ruby McGregor-Smith, the former CEO of government contractor Mitie, and John Holland-Kaye, former chief executive of Heathrow airport....
...Recent flooding claims exposed policies that covered flood damage “depending where the water came from”, Hielkema said, which was “completely not understandable” for consumers....
...The delayed release of Gemini and its mixed reception by users have been symptomatic of the Silicon Valley giant’s fumbled efforts over the past year to seize the lead in the use of generative AI — a technology...
...Donald Trump: The former US president may appear at a court hearing in Fort Pierce, Florida, as part of the federal case against him for retaining classified documents in his Mar-a-Lago residence in Florida...
...He was influenced by the performance artist Jack Smith, and was in turn a big influence on me. I would run away from my home in Baltimore and go and see Smith’s performance pieces and movies....
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