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...The “global framework agreement” signed by the Seattle-based tech giant is a commitment to bring 10.5 gigawatts of generating capacity online, or enough to power the equivalent of about 1.8mn homes....
...Microsoft has agreed to invest $1.5bn in Abu Dhabi artificial intelligence group G42, its latest big bet on the technology that underscores deepening collaboration between the US and United Arab Emirates...
...The pressure from GMO, which owns less than 1 per cent of TIC, mirrors concerns from other shareholders over the causes of the data scandal and how cross-shareholdings might unfairly protect management from...
...It remains a minnow compared to larger rivals, accounting for only 1.5 per cent of digital advertising spending by brands in the US, according to Insider Intelligence....
...Out of this sum, just shy of $1.4mn fell under the category of “all other compensation”, and — the small print reveals — included executive niceties as jet use ($1.07mn) and security ($100k)....
...The UK is looking into reducing its settlement cycle by the end of 2027, while the EU has also signalled its intention to adopt T+1....
...“Imagine if someone took your family members and then told you to get them back you had to give them XYZ; and you are being advised to just give them XYZ anyway without any promise of your family members...
...News UK Broadcasting, the company that sits above the channel, generated revenues of just £5.6mn, albeit this is a sharp rise from the £1.1mn the year prior....
...Paramount’s non-voting class B shares jumped to close 13.1 per cent higher at $13.86 on Thursday after The Wall Street Journal first reported that Sony and Apollo had sent a non-binding expression of interest...
...Revenues in the period slipped 1 per cent to just below $26bn....
...writer is chief executive of Meredith Whitney Advisory Group What if I told you there could be an unprecedented stimulus injection into the US economy that will cost the government nothing and add not $1...
...Earlier this week the Biden administration announced that California-based GlobalFoundries would receive $1.5bn for a new facility and manufacturing expansion and modernisation at sites in New York and Vermont...
...Another person familiar with the matter said SoftBank was putting up the substantial majority of the $1.05bn funding round....
...agreed to back $10bn in renewable electricity projects with Brookfield Asset Management which will bring 10.5 gigawatts of generating capacity online — the same amount needed to power the equivalent of 1.8mn...
...Reallocating just 1 per cent of assets under management globally to emerging markets each year could have a transformative impact on growth and development in these countries....
...More seriously, Niger has ended a military accord that permitted Washington to station 1,000 troops in the country and operate a $100mn drone base....
...Boeing’s defence business reported a loss of $1.8bn last year, following a $3.5bn loss in 2022....
...Shares in Philips jumped 37 per cent after the Dutch company agreed to pay $1.1bn to settle personal injury claims linked to faulty foam in its sleep apnoea devices....
...Barclays on Tuesday agreed to sell about $1.1bn worth of credit card debt to Blackstone, as the British bank steps up efforts to move assets off its balance sheet in advance of more onerous regulations,...
...On Wednesday Chevron shares fell 0.8 per cent while those of Exxon climbed 1.1 per cent....
...According to PitchBook, neurotechnology companies raised a record $1.4bn across 115 deals last year. Leading the pack is Neuralink, which has raised close to $700mn to date....
...DIC Corp, a lossmaking, heavily indebted chemicals company, owns the museum and an unstated proportion of this collection....
...Production was 75,416 ounces of gold, while the company’s overall all-in sustaining cost almost doubled to $1,445 (£1,138) an ounce....
...Shares in Hess fell 4 per cent in after-hours trading, while Chevron’s dropped 1 per cent. Exxon’s shares were little changed....
...Thames Water on Monday updated its business plan to increase the amount it plans to spend on its network to combat environmental issues such as sewage spills by £1.1bn to £19.8bn....
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