Hot Off The Wires - 7 October 2019

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Hot Off The Wires - 7 October 2019

News.

  • Bloomberg News reported that Chinese officials have narrowed the scope of issues they will discuss at the trade talks, lessening the chances for a broad agreement.

  • Thomas Cook bosses were warned ahead of its collapse that creditor claims could top £10bn, as a complex network of off-balance-sheet guarantees unwound.

  • Blackstone CEO Stephen Schwarzman has labelled the £22bn takeover of data business Refinitiv that would make the private equity titan the biggest shareholder in the London Stock Exchange a “big bet” on Britain

  • Mike Ashley’s Sports Direct is believed to be preparing to shut down almost every House of Fraser store at the end of the crucial Christmas trading period.

Results

Trivia

Who makes it, has no need of it. Who buys it, has no use for it. Who uses it can neither see nor feel it. What is it?


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