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...“I think a lot of people are now expecting pretty meaningful erosion of AbbVie’s US Humira business this year,” he said....
...Liberty Media is hoping to repeat its Formula One success by expanding the US audience for MotoGP after agreeing a €4.2bn takeover of the elite motorcycle series....
...BlackRock has 10 per cent or more of the shares in 38 bank holding companies that are supervised by the US Federal Reserve or the Office of the Comptroller of the Currency but which own FDIC-supervised banks...
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...The start-up struck a deal in January with BMW, its first commercial agreement, to deploy its robots in the carmaker’s factories in the US, initially in South Carolina. It aims to start this year....
...It was around a decade ago that Chad Hutchinson, a former US athlete turned investor, first looked into financing a Formula One racing team....
...Top brands advertising around the game include BMW, Doritos and Nerds. The exact amounts they will pay depend on their deals and what is covered under the arrangements....
...Homebuilder Lennar fell 5.8 per cent after it announced on a call with analysts that it is exploring spinning off its $4bn land holdings into a separate entity....
...There are also fears in the US and Europe that as domestic demand growth slows in China, a wave of Chinese EV exports will flood international markets, raising fears over unfair trade practices and national...
...US regulators have long restricted foreign-owned companies from holding TV broadcast licences; updating this rule, in effect, for social media has some logic....
...TMTG became a publicly listed company after merging with a cash-rich Spac called Digital World Acquisition Corp, several of whose founders have taken legal action....
...In the span of a week, Rinehart’s Hancock Prospecting has bought shares in Australia’s Lynas and taken a 5 per cent holding in US-listed MP Materials....
...US plans for shutting down a global bank call for removing top management, wiping out the shareholders and imposing losses on creditors of its holding company....
...The US investment group owns 0.5 per cent of the shares in Scottish Mortgage and amassed the rest of the position via equity derivatives, taking it over the 5 per cent disclosure threshold, according to...
...Some firms were adapting fund settlement cycles to T+1 at the umbrella level, while others were making decisions at the sub-fund level based on their level of North American holdings, he added....
...But Biden had a second message as he addressed the cameras, flanked by workers holding USW signs: that US Steel, the Pittsburgh-based American industrial icon, should remain “American-owned, American-operated...
...The petition, which adds to several similar cases in the territory against China’s distressed developers, relates to a HK$1.6bn (US$200mn) financial obligation, according to a filing by Shimao to the Hong...
...Lieberman’s group was approved to run a bank holding company once Porticoes actually buys a bank. Some lawyers and former regulators think others may follow suit....
...US airlines generated $6.8bn from them in 2022, the latest data available, according to the Bureau of Transportation Statistics. That is more than double from a decade earlier....
...“It’s a lack of affordable vehicles that is holding back more profound growth in EV adoption in the US,” said Sam Adham, analyst at CRU Group....
...The US Financial Industry Regulatory Authority hit two Stifel broker-dealer divisions with $2.3mn in fines and restitution over unsuitable recommendations on leveraged exchange traded products....
...“This was a financial stake for us, not a strategic position. The last part of the lock-up is in the first quarter of next year. So you’d expect us to be out of that position sometime around then.”...
...Trump Media & Technology Group have sued the company, alleging that executives including Donald Trump are manoeuvring to dilute their stake in the business through a “last-minute stock grab” as the former US...
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