Hints and tips:
Related Special Reports
...Its chief executive later explained the company had done so through “the ordinary course of its surety business and is acting as a neutral party”....
...Now, the potential problem is western countries seeking to de-risk their supply chains....
...A surety bond serves like a bank letter of credit. It guarantees that a defendant can pay a legal judgment if appeals do not succeed....
...Trump’s legal team said on Monday that the Trump Organization had approached 30 surety companies — including Allianz, Axa, Berkshire Hathaway, Chubb, Munich Re, Swiss Re and Zurich — via four separate brokers...
...Going by altitude alone is not the safest predictor of snow-surety, though. Climatic conditions can have a sizeable impact....
...But the Trump Organization is a private company, and it is almost impossible to verify his claims....
...A servicing company placed the loan on watch for possible default — although the Trumps have remained current on their payments....
...lawyer for the attorney-general’s office, argued that the former president could piece together a series of smaller bonds, or use his real estate portfolio to secure bank credit that could then back a surety...
...The sale price “reflects a mandatory discount of at least 50 per cent” to “fair value” under Russian government rules on exits for western companies, Yandex’s parent company said....
...Unfortunately for Trump, it seems no lenders will provide him with the surety bond to cover his damages....
...A string of western companies have sought to offload their Russian arms since the country’s invasion of Ukraine last year and amid the subsequent sanctions imposed by the US and EU....
...The widely reported corporate exodus of major western brands in the immediate aftermath of the full-scale invasion was quickly replaced by the “stay and wait” approach of over 2,000 international companies...
...He did a U-turn on TikTok, now saying its Chinese parent company should retain ownership....
...Using high quality bonds or securities as surety creates complicated linkages....
...That need for surety is bemusing some economists and investors....
...Though it has turnover of £1.2bn and more than 400 stores across the UK, the company has faced challenging cash conditions since last year....
...It tends to host companies in high-margin industries and has a leading position in agricultural science....
...And so, the sanctioned company — an arm of the Russian state — gets to keep cash it should not have....
...The Italian executive joined the company from consumer products group Procter & Gamble, where he worked in various roles in the US and Europe....
...Including its remaining debt, the company will be worth close to €5bn....
...Two years into the war, those western companies still clinging on to their Russian assets have been counting on war fatigue in their home markets to ride out the initial wave of public outrage....
...The company said this week that the jersey had already become a bestseller but declined to disclose detailed numbers....
...Henry FoySo this was a meeting of between 20 and 25 western leaders, mainly European leaders. So quite a high-level conference....
...But Baker Hughes and Halliburton, the second- and third-biggest western oil services companies, announced plans to pull out later that year after the US imposed sanctions....
...The 20 vessels identified by the FT and Danwatch were carrying a total of about 10mn barrels of oil, according to Kpler, a data and analytics company....
International Edition