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In doing so, Barclays materially reduced the prospect of price competition for Del Monte".
"We have materially reduced our residential mortgage exposure and marked our remaining holdings to levels that make future write-downs unlikely," Mr. Lowitt said.
While the cost of borrowing will increase, India's borrowing capability will also be materially reduced, as certain investors who only invest in investment-grade paper will shun India.
The duty on coffee was again reduced by the tariff of last year; and the quantity consumed increased on that of the previous year, while the consumption of sugar and all other leading articles was materially reduced.
The plaintiffs drew much of the basis for their arguments from a ruling in February in the case by Vice Chancellor J. Travis Laster of the Chancery Court that Barclays "materially reduced the prospect of price competition for Del Monte".
Losses in France should be materially reduced from the €40m incurred last year, but against this profits are expected to be lower in Nordics, largely as a result of reduced demand to Turkey and the contribution from Belgium will be impacted by the attack at Brussels airport.
Similar(46)
Sustained dietary intakes at a counterfactual reduced level in the UK population would materially reduce incidence of coronary heart disease, diabetes mellitus and colorectal cancer, by 3%12%%.
Why open a fragile ecosystem to drilling if it wouldn't materially reduce Americans' fuel bills?
Reforms that do not materially reduce spillover effects, he warned in his testimony, shouldn't be relied upon.
"The Congress and the administration," he said in July 2000, "have wisely avoided steps that would materially reduce these budget surpluses.
And any costs would be more than offset by the benefit of "materially reducing the probability and impact of financial crises," the report said.
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