Hints and tips:
Related Special Reports
...From customer service chatbots to data migration and overhauling research and development in healthcare, Schweizer said BCG is helping companies use AI to cut costs and increase productivity....
...PwC departed from the industry’s historic model of having tax as a standalone business unit in 2021, when Ryan split the almost 1,000 US tax partners between the firm’s accounting and consulting arms....
...But the unintended consequences of publicity could be more severe in financial services than in other sectors. Ofgem probes rarely cause customers to bolt or significantly move share prices....
...This story was corrected to reflect that Group 1 Automotive has 55 sites in the UK, not 51 as indicated in a previous version....
...For example, there would be a one-day mismatch if a manager wished to sell a European stock trading on T+2 and buy a US stock trading on T+1, he said....
...Bertelsmann revenues topped €20bn for the second year running and were boosted by a number of divestments, leading to a profit of €1.3bn, the German company reported on Tuesday....
...Shares in Tesco rose 1 per cent to 282.80p while Barclays’ shares were 1 per cent lower at 141.80p by mid-morning in London on Friday....
...Threads, a Twitter-like offshoot of the Instagram photo and video platform, was the fourth most downloaded service in app stores worldwide in December, according to Appfigures....
...Mark Raddan, a former KPMG partner who serves as head of advisory at Interpath, is to be appointed as Nimmo’s successor, the company said. He is due to take over from April 1....
...Moderna paid $1,053,767 for security services to Stéphane Bancel, after not disclosing any security payments for him the previous year....
...The lion’s share of that fee — about $1.80 — goes to the bank that issued the credit card that is being used....
...In Europe, the competition authorities have fined the company €1.8bn for suppressing competition from rival music streaming services on its platform....
...Handler said on Wednesday that he had sold 1.5mn shares, about 7 per cent of his total holdings in Jefferies, at $43.50 each....
...At first glance, the €1.8bn fine for stifling competition in music streaming is not a lethal problem for the company....
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
...Ripple said its stablecoin, which will be launched later this year, would be based in the US, pegged 1:1 to the US dollar and fully backed by dollar deposits, short-term Treasuries, and other cash equivalents...
...It lost more than $1.6bn from its streaming businesses in the first nine months of 2023, during which its Disney+ service gained 8mn subscribers....
...Its shares slumped 32 per cent on Thursday, wiping $1.4bn from its market value. The shares rose 5.6 per cent on Friday, but are still 28 per cent below their level before the news came out....
...Further capital raises and asset disposals cannot be ruled out....
...The moves come after the commission hit Apple with a €1.8bn fine for preventing music streaming apps such as Spotify from informing users about cheaper deals....
...Netflix’s crackdown on password sharing helped the streaming service blow past Wall Street’s earnings forecasts, but its shares fell after it said it planned to stop regularly disclosing its subscriber numbers...
...Several of the bank’s businesses — including credit cards and corporate transaction services — did better than expected in a quarter that many thought would be marred by the upheaval of the restructuring...
...Brussels has fined Apple more than €1.8bn for stifling competition from rival music streaming services, the first time the iPhone maker has been punished for breaching EU law....
...Without periodic disposals to provide a reality check, the firms need to find a way to inspire confidence in how net asset value is calculated....
...CVC — which manages about €186bn in assets and this week confirmed plans to raise €1.25bn in an initial public offering on the Amsterdam stock exchange — has previously been active in the professional services...
International Edition