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...Last year, it closed its flagship Asia V buyout fund after raising $7.1bn, eclipsing its targets....
...Leaver said: “In the absence of dividends, which are often used to service the debt at the holding companies, the financial companies will go bust pretty quickly.”...
...The company services an area that includes popular swimming beaches at Herne Bay, Whitstable and Brighton....
...They will be legally obliged to share data, link to competitors and make their services interoperable with rival apps....
...Since its founding in 2000, Viva has grown to become one of the biggest fintechs in southern Europe, offering payment services in 24 countries....
...German tuning company Klassen has been modifying both the Mercedes-Benz V-Class and Sprinter vans for more than two decades....
...But the hedge fund’s employees are in good (ie rich) company....
...Standing events are still capable of delivering prestige service and spectacle....
...But, of course, there’s a reason why it’s widely called Shitibank; the sprawling, gormless Citi has for a v v v very long time proven adept at blithely ambling onto various rakes around the world....
...On a conference call with analysts in January, Gray said Breit had “weathered the storm” in real estate markets, but he warned that Blackstone did not expect to see a “V-sharped recovery” in property values...
...Thames Water, which provides water services to 15mn people in southern England, is facing the prospect of a messy debt restructuring or even a temporary renationalisation amid public anger over sewage pollution...
...As a result, Madrid is dominated by digital services, ecommerce and real estate start-ups; whereas, in Barcelona, it’s fintech, mobility, logistics, design and, above all, health....
...However, rapid wage growth kept services prices rising at a steady rate of 3.4 per cent in Europe’s largest economy....
...Those comments followed a warning by Amazon chief Andy Jassy this year that there was “not enough energy right now” to run new generative AI services....
...And finally To the V&A in London, where a new blockbuster exhibition, Gabrielle Chanel: Fashion Manifesto, highlights both the designer’s revolutionary approach and her many links with Britain....
..., Southern Peru and Minera Mining....
...“We would acknowledge that this is not going to be some sort of a V-shaped recovery. There are going to be plenty of troubled deals in the market,” added Gray....
...The new independent media company, Collective Newsroom, will be owned and operated by Indian BBC journalists who are leaving the corporation, and will provide news and other programming on a service contract...
...The ship was operating a service for MSC from the United Arab Emirates port of Khalifa to Nhava Sheva in Mumbai. “She has since been diverted from her itinerary towards Iran,” the company said....
...(Park Bancorp v Byrne Hobart) — Levine on Euroclear (BBG $) — A true Southern ghost story for your spooky holiday weekend (The Bitter Southerner) — Llamas and alpacas “happily walking to Penrith” (BBC...
...The DoJ’s Southern District of New York has recently interviewed former company staff about the trader’s accounting procedures, the person familiar with the matter said....
...Here’s what the Southern District of New York said helped mitigate its penalty: (i) MORGAN STANLEY has provided extraordinary cooperation with this Office’s investigation; (ii) the investigation has not...
...“Bread and circuses” is not a sustainable form of governance — be that for a country’s citizens or a company’s employees. Nor is it possible to make everyone happy at the same time....
...In a more mercantilist world, a clear pattern is emerging in India’s trade policy strategy: if companies or countries want freer access to the big and growing markets of the world’s fifth-biggest economy...
...Take a break from the news V-necks have been verboten for as long as most of us can remember, writes Teo van den Broeke....
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