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☆ 6 top M&A bankers lay out their dealmaking playbook for 2023 — from getting around a sagging bond market to dealing with skeptical shareholders
▼ + stars: | 2023-01-09 | by ( Carter Johnson | ) www.businessinsider.com time to read: +10 min

"We're certainly telling clients to plan for longer timelines between signing an announcement and when a transaction closes," RBC's Sperduto said. Bankers noted the figure was on pace with the average amount of deals done in the five years preceding the pandemic. "There is still significant desire from both corporates and financial sponsors to transact," Gary Posternack, co-head of global M&A at Barclays, told Insider. But in 2023, bankers see more transactions receiving greater scrutiny from stakeholders. Vito Sperduto, the co-head of global M&A at RBC Capital Markets.

☆ Iraqi outgoing PM appoints new acting finance minister
▼ + stars: | 2022-10-15 | by ( ) www.reuters.com time to read: 1 min

CAIRO, Oct 15 (Reuters) - Iraqi outgoing Prime Minister Mustafa al-Kadhimi appointed Hayam Nemat as acting finance minister after accepting Ihsan Abdul Jabbar's resignation, the state news agency said on Saturday. It added Nemat will fill the position until a new government is formed. Iraq’s parliament on Thursday elected Kurdish politician Abdul Latif Rashid as president, who immediately named Mohammed Shia al-Sudani prime minister-designate, ending a year of deadlock after a national election in October last year. Register now for FREE unlimited access to Reuters.com RegisterReporting by Yasmin Hussein; Editing by Emelia Sithole-MatariseOur Standards: The Thomson Reuters Trust Principles.

☆ Oil prices steady on prospect of balancing supply after steep selloff
▼ + stars: | 2022-09-27 | by ( ) www.cnbc.com time to read: +1 min

Oil steadied in early Asian trade on Tuesday as indications that producer alliance OPEC+ sought to avoid a collapse in prices, along with a slight softening in the U.S. dollar, tempered an earlier selloff. "We don't want a sharp increase in oil prices or a collapse," he said in an interview on Iraqi state TV. Abdul Jabbar's comments helped to support oil, which settled at nine-month lows, largely on the surging U.S. dollar. An easing of the U.S. dollar, which trades inversely with oil, helped to support prices. But while the U.S. dollar weakened in post-settlement trade, earlier on Monday it hit its strongest level since May 2002.

☆ A Philadelphia diner has been ordered to hand $1.35 million to workers after it used tips to pay wages
▼ + stars: | 2022-09-24 | by ( Ryan Hogg | ) www.businessinsider.com time to read: +2 min

A Philadelphia diner was ordered to pay $1.35 million in back wages and damages to 107 employees. The Department of Labor said Empire Diner used server tips to pay bussers' wages. The Department of Labor ruled that Empire Diner would have to pay back wages and damages to 107 servers at the restaurant. The restaurant told USA Today it intended to appeal against the decision. This week, a Texas BBQ restaurant was ordered to pay $230,000 to workers after their tips were shared with managers.

☆ Mărturii dramatice despre pasagerii avionului prăbușit în Indonezia: Urmau să plece cu alt zbor, dar și-a reprogramat cursa
▼ + stars: | 2021-01-11 | by ( ) www.jurnal.md time to read: +3 min

Imediat după anunțul că turnul de control a pierdut legătura cu aeronava, rude și cunoscuți au venit în aeroport pentru a afla vești. Irfansyah a fost printre zecile de rude care s-au repezit la aeroportul Soekarno Hatta din Jakarta pentru a obține informații în urma accidentului, scrie Sky News. Aceștia ar fi trebuit să ia o cursă programată mai devreme, operată de aceeași companie aeriană, dar au schimbat în ultimul moment zborul. Un alt pasager din avion era Panca Widiya Nursanti, o profesoară care se întorcea după o vacanță în orașul natal Tegal. Se urca deja în avion și a spus că condițiile meteorologice nu sunt bune.

Persons: Irfansyah, Sora, Aceștia, Yusuf Al Idrus, Ihsan, Hakim Organizations: Sky News, BBC Indonezia Locations: Indonezia, Lancang, Jakarta, Windania, Tegal, Kalimantan, Vest

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