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...The group’s North American arm already has an established debt business. The aristocratic Grosvenor family has owned property in London for more than 300 years....
...According to Rusi, Vostochny Port has also been used as a hub for Russian ships allegedly involved in arms trade between the countries....
Peak XV’s Shailendra Singh plans to ‘double the dollars’ deployed this year
...Many chief executives would give their right arm for such annual results. But any expectations of smooth linear growth were always fanciful. EV sales are still driven by regulation....
...Chinese ecommerce group Alibaba has suspended a planned IPO for its logistics arm Cainiao and said it would instead spend up to $3.8bn to buy out the unit’s minority shareholders....
...Sunak, appearing on LBC on Wednesday morning, said arms licensing was reviewed “periodically” and this had thus far “led to no change”....
From Tim Sutton, Brackley, Northamptonshire, UK
Jump in flows that began in February suggests region has overcome its traditional reluctance to invest in arms
...The Dutch arm of KPMG was on Wednesday fined $25mn by the Public Company Accounting Oversight Board, the largest penalty in the US regulator’s history, and the firm also faces disciplinary action in the...
...India’s arms industry passed a milestone in January with the unveiling of the country’s first intelligence, surveillance and reconnaissance drone, which was made by the defence arm of the Adani conglomerate...
...Brussels is actively exploring how to work around an EU treaty clause prohibiting arms purchases from the union’s budget, as it steps up efforts to increase financing for defence and Ukraine....
...Rene Haas, who was appointed chief executive in 2022, has made the automotive market one of Arm’s key focus areas, in tandem with expanding in the data centre and “internet of things”, as Arm diversifies...
...by the group Campaign Against Arms Trade....
...And because for most companies licensing is a big one-off cost, their lumpiness was a recurring blight on Arm’s numbers. Arm’s spread into more diverse markets could help level out this cyclicality....
...Sony will list its financial services arm in 2025, providing a boost for investors even as the Japanese group cut its forecast for full=year sales of its PS5 gaming console....
...Is Arm really an AI stock? It’s been a big week for the chip designer Arm Holdings....
...The letter of interest, which was first reported by Sky News, comes a year after the collapse of EY’s plan to split its accounting and advisory arms....
...Shares in New York-listed Arm jumped 19.9 per cent in after-hours trading following the results....
Wall Street bank surpasses estimates by almost $1bn as investment banking and trading arms report strong results
Also in this newsletter: rushing green loopholes through the parliament
...Arm also revised up its full-year revenue guidance from a range of $2.96bn to $3.1bn to a range of $3.15bn to $3.2bn....
...Atos said on Wednesday that talks with EPEI, Křetínský’s vehicle, had concluded with no agreement over the purchase of its loss-making arm Tech Foundations, initiated last summer....
...Europe needs to be careful not to become “too protectionist” as it seeks to build up its defence industrial base in the wake of the war in Ukraine, one of the region’s biggest arms makers has warned....
...“Ukraine will receive money both for immediate military support, providing arms, and to build the capacity of their defence industry,” he said....
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