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...The investors owned additional tier 1 bonds, or AT1s, a form of bank debt that can be converted into equity or written down when a bank runs into trouble....
...Chinese home prices continued to slide in January, with the sale prices of second-hand housing in the country’s major cities down 4.9 per cent from a year earlier....
...Congress has allocated $4.7bn to decommission “orphan wells”, where no owner can be found or will assume responsibility for clean-up....
...In the southern cities of Guangzhou and Shenzhen, new home prices fell 4.6 per cent and 4.8 per cent respectively....
...In 2020, Bayer reached a $10.9bn settlement over claims and set aside another $4.5bn a year later....
...Lawyers for the homeowners contended that price-fixing had cost clients that worked with HomeServices roughly $4.2bn just in 2023....
...So Plaintiffs lose on all their claims,” wrote Christopher Lopez, US bankruptcy judge for Texas’s southern district, in his ruling....
...The National Bureau of Statistics said new home prices in first-tier cities declined 0.4 per cent from the previous month....
...Even with its two-tier mathematics GCSE, England fails the maths education of30 per cent of students....
...A handy précis of this column: on April 4, Cole Palmer and Chelsea dispatched Manchester United 4-3, with goals in the 100th (a penalty checked by VAR) and 101st minutes. The multiverse is here now....
...A similar multi-tier system applies at Christie’s and Phillips....
...Yum’s Hong Kong-listed shares rose 14.5 per cent on Wednesday after it reported a 4 per cent year-on-year increase in fourth-quarter sales, besting a median analyst estimate from Bloomberg of 3.2 per cent...
...The plaintiff is conflicted. The legal arguments appear tenuous....
...The federal judge ordered Carnival to cover Karpik’s out-of-pocket medical expenses of $4,423.48 plus interest but concluded that the “non-economic loss” from her mild Covid-19 infection was not sufficient...
...However, the IMF delivered a boost for the government on Wednesday, provisionally approving a $4.7bn disbursement from Argentina’s $43bn loan....
...A three bed that would have gone for €2,750 a month last year is now €4,000.” Stuurman partly blames the Netherlands’ two-tier housing system, which was introduced last year....
...Quinn Emanuel is representing plaintiffs with $6bn of AT1 claims, while Pallas’s clients have about $2bn....
...Its long underperforming investment banking arm remained a drag, not least due to its 8.4 per cent return on tangible equity....
...The bank’s common equity tier one ratio — a key benchmark of its balance sheet strength — stood at 19.4 per cent of risk-weighted assets by the end of last year, 0.1 percentage points higher than a year...
...said a Mumbai-based consultant, referring to the landmark, five-tier goods and services tax that Modi rolled out to displace a web of local-level tariffs....
...The bank’s 4.6 times price to forward earnings multiple reflects doubts about the bank’s future profitability and, perhaps, its current structure....
...Birmingham is the UK’s second-largest city with the second-largest single-tier council in Europe in terms of the number of people it serves and services it provides....
...The wider group of companies, which includes income from non-football activity, lost £4.4mn. The Louis-Dreyfus dynasty has history in European football....
...US bank returns have averaged about 10 per cent since 2019, about 4 percentage points ahead of Europe, according to MSCI and Bloomberg data....
...Plaintiffs argued at trial that they were owed a total of $16.05bn, comprising $8.43bn in damages and $7.62bn in interest....
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