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...“These CPU [central processing unit] centres have enormous demands on electricity....
...Iran’s air defences shot at incoming targets and explosions were reported near the cities of Isfahan, in central Iran, and Tabriz in the north-west....
...Doubts perennially overhang US-listed equities of many Chinese groups with intermediate holding companies....
...“There is a potential for this to be a good business on a unit economic [basis] without PFOF,” he said....
...Data released on Wednesday showed an uptick in US housing starts, which rose 2.2 per cent to an annualised rate of 1.4mn units....
...Oil also fell, with Brent crude falling 2.4 per cent to $80.77 per barrel and US equivalent West Texas Intermediate dropping 2.9 per cent to $74.53 per barrel....
...However, it was still up 53.2 per cent from a year earlier, reflecting transfer pricing between different units of large multinationals....
...Standard Chartered to set up a fully owned securities unit on the mainland....
...North Korea said on Monday that it had fired a new type of intermediate-range ballistic missile over Japan during recent drills in response to military exercises by the US and South Korea....
...Democrats question Reckitt Benckiser’s plan to sell baby formula unit Lawmakers are urging the top US antitrust enforcer to scrutinise a proposed sale of Reckitt Benckiser’s baby formula unit to a private...
...“Coming from a family when if the price of gas went up, you felt it . . . it [inflation] matters,” the president said at a visit to a community college in central Virginia yesterday....
...The UK’s central bank has to demonstrate the institutional will power to deliver on its inflation target, and the Treasury needs to review the inflation target, the role of intermediate objectives in supporting...
...“It was a really acute period of time when it was very difficult to trade bonds, even Treasuries,” says Samara Cohen, co-head of BlackRock’s iShares markets and investments unit....
...One of them said it could even be desirable to shrink the US bank to below the $50bn asset threshold above which it is regulated more strictly as an “intermediate holding company”....
...The scientific consensus is that Sars originated in bats before transmitting to humans via an “intermediate host”, most likely a civet cat sold for food in a market....
...Governments and central banks in Europe, the US and Asia responded with emergency support programmes to stave off mass unemployment and bankruptcies....
...Brokers said broad support from big central banks had provided some support for stock markets....
...Hengfeng’s rescue was led by Central Huijin Investment, a unit under China Investment Corp, Beijing’s sovereign wealth fund....
...But some scientists believe the virus passed through an intermediate host before reaching humans....
...The European Commission and European Central Bank are pushing for the EU to retain direct oversight over clearing such assets....
...Mr Duda’s visit to the White House marks the fourth by a central European leader in the past three months....
...Meanwhile, China vowed on Tuesday to take countermeasures if the US deploys intermediate-range missiles in the Pacific....
...West Texas Intermediate was up 1.3 per cent at $53.07 a barrel. For market updates and comment follow us on Twitter @FTMarkets...
...The rupiah in Indonesia hit its lowest point in 20 years after the country’s central bank stepped in to support the currency, slipping a further 0.7 per cent to Rp15,175 per dollar....
...Mr East has said he wants to consolidate central functions shared across these divisions into a global business services unit....
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