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...Three people close to Chinese chip companies said that SMIC was having to charge 40 to 50 per cent more for products from its 5nm and 7nm fabrication nodes than Taiwan’s TSMC does at the same nodes....
...“They resonate with the US shopper because they are a made-in-Italy product and they have this distressed design that sets them apart,” he said, adding that “their existing customer is very loyal”....
...The deals highlight how private equity funds have helped sovereign wealth funds build up indirect holdings in companies in critical sectors as western governments have increased scrutiny of foreign direct...
...“It’s a great worldwide product. Our opportunity is to expand it beyond that historical base.”...
...When AbbVie’s record-breaking immunology drug Humira came off-patent early last year after generating more than $200bn in sales for the drugmaker over two decades, a number of cheaper copycat products, known...
...In August 2016, Stifel brokers’ compliance departments discovered that the products were being recommended beyond their intended holding period, the order stated....
...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....
...Pictet is reducing fund settlement cycles to varying degrees on 35 products, for example....
...He added, however, that the group was looking at whether there were linked news and AI products for professionals that could exist behind a paywall....
...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....
...Lloyd’s insurers Tokio Marine Kiln, Chaucer and Liberty Specialty Markets are among those that have pledged to hold the risk for a total of £500mn of insurance coverage written in partnership with these...
...This “capped profit” subsidiary is majority owned by a holding company, owned by OpenAI’s employees and other investors....
...The Temple has outright ownership of one holding company that controls the operating division of OpenAI, and there’s a separate holding company that’s an equity warehouse for charity employees and small...
...Warren Buffett’s Berkshire Hathaway sold off some of its Chevron holdings in 2023. Two investment banks, Scotiabank and Cowen, downgraded the company’s stock last month....
...Over the course of this year, Microsoft has enmeshed OpenAI’s artificial intelligence technology into many of its products, including its Office workplace software, Bing search engine and GitHub coding service...
...It comprises Screen Holdings, Advantest, Disco Corp, Tokyo Electron, the trading house Mitsubishi and automakers Toyota and Subaru....
...But Bulgurlu said Arçelik’s home market was still holding up “surprisingly well”....
...Sorcha O’Carroll, senior director of mergers at the CMA, said the regulator was also concerned that the tie-up could result in “people paying more or receiving lower quality products”....
...For starters, Citgo is owned by a holding company that belongs to PDVSA, which is legally distinct from the government of Venezuela....
...We also know it had a home-made blockchain product on Azure, its web services platform, that got canned in 2021 in favour of a third-party offering....
...“Much of the equipment here is still American and Japanese products that SMIC stocked up in 2020,” one of the people says....
...The banks can’t sell the debt and are stuck holding all of that risk. Musk runs it into the ground out of pique. This is precisely what happened....
...This week will bring a first stab at third-quarter gross domestic product (days after the Bank of England warned that growth would be “well below historical averages” over the medium term), house price data...
...It is also sanctioning Turkey’s Ice Pearl Navigation Corp, whose Yasa Golden Bosphorus ship handled Russian crude bought for more than $80 a barrel....
...Big brands are already turning to AI to change how they sell their products....
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