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...These are known as “potentially exempt transfers” (PETs)....
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...UBS said the new arrangement with Apollo — which included the transfer of $8bn of senior secured financing facilities — would result in a $300mn net gain for the bank....
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...“I think ultimately, the world needs energy and we’re energy traders, so if you don’t move this stuff, you know the world doesn’t work.”...
...Since being flung open almost three weeks ago, European football’s winter transfer window has been eerily quiet....
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...The country is also set to host the 2034 men’s World Cup after emerging as the sole bidder for the tournament....
...The US has imposed hundreds of sanctions on the Islamic republic since former president Donald Trump unilaterally withdrew from the 2015 nuclear deal Tehran signed with world powers....
...I’m pretty sure it can drive in any other city in the world,” he said. Current Baidu executives declined to be interviewed....
...One can measure this change either by the average yearly growth rate or, as in our case, by calculating how long it would take for the world’s production to grow tenfold....
...Trading volume for TMTG, which last month merged with Digital World Acquisition Corp, was double its 20-day average early on Friday, according to Bloomberg data....
...LVMH: Succession planning at the world’s biggest luxury group is speeding up as French billionaire Bernard Arnault carefully lays the groundwork for his five children....
...The transfer of 8 per cent of Aramco to the Public Investment Fund is the third time in the past two years the government has increased the sovereign wealth fund’s stake in the world’s largest oil producer...
...The United States has led the world economically for the better part of a century. Most of that time period, those companies also paid dividends....
Plus, the life of a Rothschild and the leveraged finance world sweats it out at JPMorgan’s confab in Miami
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...Last week, it announced it had made a new loan to executive networking company World 50 and while filings show it was already a lender to the company, a person close to Barings described it as a “net new...
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...As our Big Read details, it is being closely watched around the world as a test of how the tech giants can be successfully regulated....
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