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...He was central to the decision-making behind Disney’s recent $1.5bn investment in Epic Games, which will see the two companies create a new version of Fortnite built around the company’s characters....
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...The watchdog, which issued a A$1.3bn (US$860mn) fine against bank Westpac over compliance issues in 2020, has been targeting the gambling sector lately, including the country’s casinos and gaming companies...
...German gross domestic product will grow just 0.1 per cent this year, they said, because of a decline in exports....
...S&P is influential, with debt ratings that can affect a company’s borrowing cost....
...Vast sums of money have flooded into the children’s entertainment market — which accounts for around 5 per cent of global television commissioned, according to Ampere — as media companies, private equity...
...Total assets in Taiwan equities ETFs grew 8 per cent in two months to NT$1.52tn by end of February from NT$1.41tn by end-2023, according to data from the FSC....
...Non-store retailing, which includes online, contracted 1.5 per cent in March, while sales in department stores were down 3.8 per cent....
...The new rules on British Isas could generate an extra £1.5bn in investment in UK companies, according to Citi....
...The company is displaying confidence when it comes to investing for growth, with capex set to rise by £100mn to around £1.4bn in 2025....
...Last week, Abicad bought a further £5.8mn worth of shares....
...At least 1,200 people were killed in Hamas’s assault, according to Israeli officials. The militants also seized about 240 hostages....
...Seen in this light, the push to secure prime real estate is essentially a round of beggar thy neighbour for luxury companies....
...Expenses increased by less than sales and, in the final quarter, net income climbed by 23.5 per cent to €1.3bn, slightly ahead of analyst expectations....
...It reflects the opinions of 1,006 registered voters nationwide, and has a margin of error of plus or minus 3.1 percentage points....
...Alongside easing wage growth in the year to March — it fell to 6.1 per cent from 6.5 per cent in the 12 months to February — businesses continued to report a better outlook for price growth....
...In Great Britain overall, the average monthly rent stood at £1,200....
...At first glance, the €1.8bn fine for stifling competition in music streaming is not a lethal problem for the company....
...France’s Cac 40 gained 0.6 per cent, buoyed by a 2.5 per cent rise for index heavyweight LVMH....
...The benchmark Hang Seng index fell 1 per cent, while the tech subindex declined 1.5 per cent. China’s CSI 300 index shed 0.5 per cent....
...They also expected wage growth to be 4.9 per cent over the year, down from the 5.1 per cent forecast in January and the lowest since May 2022....
...Still, that was an improvement on a €5.7bn loss in the previous year....
...He predicted a quarter-on-quarter increase in German industrial production of 0.5 to 1 per cent in the first three months of the year....
...Shares in Citi fell 1.7 per cent on Friday, but less than those of rival JPMorgan Chase, which ended the day 6.5 per cent lower....
...It raised its target for annualised cost cuts from $5.5bn to $7.5bn....
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