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...BCG, which started investing in its AI business in 2015, has about 3,000 employees in its BCG X technology and design division....
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...WPP’s Ogilvy advertising agency is creating a division specialising in online “health influencers” to help pharmaceutical companies tap a trend towards personalised health and combat misinformation....
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Combined market value of the two tech giants rose by more than $250bn after revenue growth beat expectations
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...Wednesday April 17, 8.25pm: As night falls, sirens wail outside. Dozens of police and their vans have appeared on 116th Street....
...In November, the Nomura chief said he would target another $100mn in cost cuts in the wholesale banking division as he tries to attain a target of 8 to 10 per cent return on equity for the bank....
...LVMH is up 9 per cent so far this year, Cartier-owner Richemont up 14 per cent and Kering down 17 per cent....
...Kirkby took over from Philip Jansen in February and has the task of boosting the FTSE 100 company’s languishing share price, which has dropped about 17 per cent since the start of the year....
...Saying goodbye to ice cream means hiving off a division that accounts for about 16 per cent of Unilever’s overall sales....
...Louis-based broker-dealer divisions of Stifel, settled with Finra for just over $1mn for failing to establish suitability policies for recommending non-traditional ETFs....
...as a boring admin drone, probably a drag on the division....
...The only bright spots were Italian fashion house Bottega Veneta and the group’s eyewear divisions, with both divisions posting sales growth....
...The move comes after Paramount’s board spurned a bid from Apollo to buy out all of the media group’s shareholders at a valuation of between $17 and $19.50 a share, according to people briefed on the matter...
...Duato has previously said J&J would aggressively pursue deals in high-growth segments of the business, such as its medical technology division....
...Quarterly revenues slipped 3 per cent to $17.4bn. Citi’s full-year earnings dropped 38 per cent from the previous year, to $9.2bn....
...Citi’s banking division reported revenues of $4.6bn for 2023, down 15 per cent from a year earlier....
...Connecticut-based AQR had seen its managed futures full volatility strategy return 17.4 per cent to the end of March, while Paris-based Capital Fund Management’s IS Trends fund was up 17.5 per cent to Wednesday...
...Total US revenues were up nearly 56 per cent between January 1 and March 17. At the end of 2023, its share of the sports betting market stood at 53.4 per cent. Of course, much can still change....
...Tesla’s stock surged on the news, jumping 17 per cent following its earnings announcement on Tuesday. But the company’s shares are still down 31 per cent since the start of the year....
...Microsoft’s revenue in the quarter climbed 17 per cent to $61.9bn, driven by cloud computing sales and rampant demand for AI-related services on its Azure platform....
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...That’s one in every seventeen people with a job — 10 per cent of people working in wholesale and retail, and 17 per cent of people in the information and communication industry are directly employed by a...
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