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The Latest Breaking News from Teneo

CEOs say political disruptions—like the presidential election—are 2024's biggest risks

U.S.-based CEOs are changing their investment plans based on next year's election—though differ on direction.

Fortune

Gaza war pushes tumultuous Israel-Turkey ties into ‘deep freezer’

Turkey’s forthright support for Palestine could affecting efforts to revive ties with Israel.

Al Jazeera

‘He’s an insider’: Ramaswamy’s deep ties to rightwing kingpins revealed

Republican candidate brands himself as an ‘outsider’ but has close links to prominent figures Leonard Leo and Peter Thiel

The Guardian - US

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M&Co closing remaining stores by the end of April with 24 shutting this weekend

The retailer was bought out of administration by a new owner but its 170 stores were not part of the deal

Wales Online

Fashion chain M&Co closing 20 shops TOMORROW with rest going in weeks - see list

Around 14 M&Co sites closed their doors for good yesterday, it's Rickmansworth high street store has its final day of trading today, and a further 24 will shut on Sunday

Daily Mirror

Ron DeSantis caught in leaked video

DeSantis spoke to the Teneo Network, a secretive well-funded group run by SCOTUS takeover architect Leonard Leo

Salon

A Federalist Society for all things

Donald Trump's so-called Supreme Court whisperer wants to expand his success to other parts of American society

Salon

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New Leo group seeks to influence culture

Inside the “private and confidential” conservative group that promises to “crush liberal dominance”

Salon

Three Arrows Capital liquidator will sell off the firm’s NFTs to make up for the $3.5 billion it owes creditors

The NFTs could include a Bored Ape as well as several Mutant Apes and CryptoPunks, according to a research analyst.

Fortune

Clothing retailer M&Co to close 170 shops with loss of up to 1,900 jobs

Scottish retailer went into administration at the end of last year, after closing 47 shops in 2020

The Guardian - UK

High street loses fashion retailer M&Co with almost 200 stores set to close

M&Co are set to shut 170 high street stores after entering administration, with 1,910 jobs at risk

Daily Mirror

Disney exec paid equivalent of $3.4 million a month for brief 3-month stint

Morrell left Disney after a tumultuous few months at the company that saw it embroiled in a row over the Florida's so-called "don't say gay" bill.

Fortune

Store closures and job losses fears at four Lanarkshire M&Co shops as clothing chain enters administration

Firm appoints three representatives from Teneo Financial Advisory Limited as joint administrators following difficult trading period.

Daily Record

Glasgow firm M&Co goes into administration - full list of stores at risk

M&Co, who have two branches across Glasgow, have entered administration for the second time in just over two years.

Glasgow Live

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Daily Mirror

Fashion chain M&Co collapses into administration for the second time

M&Co - the clothing brand that employs 1,910 staff and has around 170 shops across the UK - has collapsed into administration for the second time in just over two years

Edinburgh Live

Scottish clothing firm M&Co enters administration as East Lothian stores at risk

The clothing firm that has been an ever-present on some of Scotland's high streets has entered administration for the second time in three years after a period of financial difficulty

Daily Record

Scots clothing chain M&Co at risk of shutdown as firm enters administration

The firm, which began life as Mackays pawnbrokers in Paisley, is up for the sale for the second time in three years.

The Guardian - UK

How the lights went out on Bulb – and the wrangle over its future

Decision on timing of Octopus’s takeover of collapsed energy supplier will be taken in court on Tuesday

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news in one place.

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Birmingham Post

Remaining Studio Retail Group creditors in line to recover millions but some face wait

Administrators at Teneo have been working to identify who owes what and if there is enough money to pay them

The Street

Crypto Price Check: Bitcoin Slides on Powell Comments

Cryptocurrency prices are recovering a bit after comments from Fed Chairman Jerome Powell sparked a brutal slide.

The Independent UK

Greece rid of budget watch but inflation, energy woes bite

Greece's close financial oversight by European Union creditors is ending

Manchester Evening News

New documents show how debts at Manchester-based Missguided spiralled to £80m before collapse

The online fashion brand was bought for £20m by Frasers Group at the start of June

Birmingham Post

How Missguided collapsed owing more than £80m before being rescued by Frasers Group

Missguided was bought by Frasers Group in a £20m deal

The Guardian - UK

Missguided suppliers expected to be paid less than 2% of £30m owed

Administrator’s report reveals how little may go to those left unpaid after collapse of online fashion firm

Benzinga

Court Orders Liquidation of Crypto Hedge Fund 3AC Following Voyager Loan Default: Report

A court in the British Virgin Islands has ordered the liquidation of crypto hedge fund Three Arrows Capital (3AC), after the company suffered major losses in the recent market turmoil. According to a report by Sky News, partners from Teneo, a global CEO advisory firm, are handling the insolvency proceedings after a court order…

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