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...William Wade, a credit analyst at JPMorgan, warned earlier this month that haircuts of 15-25 per cent on the ringfenced debt were now a “plausible” outcome that investors should be wary of....
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...Rivals Asda and Morrisons have lost momentum under private equity ownership, weighed down by the increasing cost of servicing debt....
...It is too soon to say a) whether the reformed bus system introduced in September will be deemed a success in the long run or b) what a sustainable funding model might look like.)...
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...retail casualties in the UK since the collapse of Sir Philip Green’s retail empire and department store chain Debenhams, and more recently McColl’s, the corner shop chain that was subsequently bought by Morrisons...
...Saudi Arabia said on Tuesday it would keep its 1mn barrels a day reduction in place until the end of the year, while Russian deputy prime minister Alexander Novak said the country’s 300,000 b/d export reduction...
...He previously worked for Morrison & Foerster....
...“There’s definitely a stick being waved now and hopefully it will make the difference in the cost of living crisis when drivers need to afford fuel at the pump,” said Simon Williams....
...“Analysts respond negatively when female executives use unexpectedly high levels of uptalk,” wrote Anantha Divakaruni, Laura Fritsch, Howard Jones, and Alan Morrison....
...Patterson points to a pewter beaker from the 1690s engraved with wrigglework portraits of William III and Mary II that sold at Christie’s for £14,400....
...its 1mn-barrels-a-day production cut for July into August, state media said, while Russia’s deputy prime minister Alexander Novak said Moscow would make a “voluntary” supply cut of an additional 500,000 b/...
...Many discount chains have thrived in recent years but Wilko struggled in the face of increased competition from rivals such as B&M and Home Bargains and supply chain problems....
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...Additional reporting by Amanda Chu in New York and Aime Williams in Dubai...
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