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...It says it sees the G42 investment as a launch pad to other regions. “By coming together, I think we can accelerate very substantially the arrival of AI services in the Global South,” said Smith....
...Deloitte has taken on extra office space in central London less than two years after making cutbacks, in an about-turn that indicates staff in professional services are returning to the workplace more regularly...
...Year-to-date things are looking only slightly better, with US equity long/short hedge funds trailing the S&P 500’s continued surge by about one percentage point. That’s all fine....
...Services, among its constituents....
...The carrier, which posted a first-quarter net loss of $231mn, announced a series of cost-saving measures, dropping service to four US airports and cutting headcount by 2,000 employees by the end of the year...
...Flows into S&P 500 ETFs were boosted by a technical factor last year when the $533bn SPDR S&P 500 ETF Trust (SPY) pulled in $31bn in two days in December....
...status as a financial centre....
...S&P declined to comment and Visible Alpha did not respond to a request for comment....
...But for F1, the Red Bull drama is a major, unwanted distraction. The head of F1’s governing body told the FT last week it was “damaging the sport”....
...The airline said it was “eager to resume a second daily Tel Aviv flight from Newark as soon as May as travel demand recovers”....
...Last year Bunzl’s acquisitions included a distributor of food service equipment in Spain with annual revenues of €5mn, and a hygiene products business in Brazil with annual revenues of R$210mn (£33mn)....
...United Airlines is the first US airline to resume flights to Israel, after they were suspended last fall following the outbreak of war....
...Major technology stocks, which have powered much of the S&P 500’s advance over the past year, may prove more resilient than some other companies to the impact on the price of US firms’ goods and services...
...Lawyer fee awards have become a hot topic in courts in Delaware, where more than 300 S&P 500 companies are incorporated....
...FedEx moved most of the United States Postal Service air cargo nationwide....
...Patience, managing analyst at 451 Research, part of S&P Global Market Intelligence....
...Software companies have begun to push AI-driven products to comply with European legislation that comes into force in June 2025, say several businesses that provide their clients with a bespoke service,...
...What a difference. Jeffrey S Merrifield and his team at Pillsbury topped the energy transition category in the FT’s 2023 North America Innovative Lawyers Awards...
...Services companies increased their selling prices at a “strong pace by historical standards” even though the rate was the slowest for four months, S&P said....
...M&S has also diverged from rivals by sticking with financial services, a sector supermarkets rushed into in the 1990s, counting on their brands to hoover up market share....
...The rises came despite the underperformance of some US companies last year, according to analysis by ISS-Corporate, a division of Institutional Shareholder Services....
...G42’s chief executive Peng Xiao was born in China, studied in the US and is now a UAE citizen....
...The United States has led the world economically for the better part of a century. Most of that time period, those companies also paid dividends....
...We’re on track to grow at a 2.5 per cent rate in the first quarter, according to the Atlanta Fed’s GDPNow service, above the long-run trend and an impressive addition to the strong growth record....
...Travel groups performed particularly well after United Airlines forecast stronger-than-expected earnings for the current quarter....
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