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...More than 10,000 members of the Debenhams pension plan were transferred to the UK’s pension protection scheme in 2019, following the collapse of the 240-year-old retail group....
...In addition to its portfolio of about 400 start-ups, Peak XV holds $1.8bn in public securities after 15 of its companies went public since 2020, including Zomato, Honasa and Truecaller....
...UBS has reported its first quarterly profit since taking over Credit Suisse, sending its shares up 10 per cent on Tuesday, as the Swiss lender begins to reap the benefits of the contentious rescue of its...
...Producing music in spatial audio costs an extra $1,000 per song, or roughly $10,000 per album, executives say. Going back and reproducing an older song with spatial audio can double the costs....
...The revamped 10-year plan, known as the National Biodiversity Economy Strategy, envisages particular financial benefits for Black communities historically excluded from the white-dominated wildlife and conservation...
...Lloyds’ total lending fell £1.2bn to £448.5bn in the first quarter, with its mortgage balance shrinking by £1.6bn. The group however flagged a rise in mortgage applications in the first quarter....
...Britain’s £1.4tn DB retirement system serves about 10mn retired and current private-sector employees....
...From 2009 to 2023, overall European hotel supply grew at an annual compound growth rate of 1.3 per cent, according to CBRE....
...At Disney, she oversees an array of TV businesses including ABC and ABC News, Disney’s TV studios, FX and National Geographic — all of which are in decline thanks to cord-cutting viewers ditching cable subscriptions...
...US National Security Council’s spokesman John Kirby told ABC News that Israel had not yet presented America with a plan to evacuate civilians before any military operation into Rafah....
...Over the course of the league’s existing contract with CBS, it has added three teams and announced plans for at least two more....
...Leland Goss (“Flaws in New York State’s well-intended debt plan”, Letters, March 13) mischaracterises important aspects of the proposed New York State legislation....
...Hong Kong-based activist fund Oasis Management has bought a 9.6 per cent stake in the company, which has a market value of $1.2bn....
...Isabel Schnabel, one of the most influential voices on the ECB’s board, said in a speech on Wednesday that the central bank may benefit from adopting some of the ideas raised by former Fed chair Ben Bernanke...
...Michael Gove has been forced to water down plans to cap ground rents on millions of leasehold homes in England and Wales after lobbying by pension and investment managers who benefit from these payments....
...The US biotech group will also benefit from a double-digit percentage of royalties from the sales of its Covid jab as well as any combined shot using its technology, but the French company will take the...
...plans to save $3tn through higher taxes over 10 years....
...Electric car company Tesla presents a terrible set of first-quarter earnings and is rewarded with a 10 per cent share price jump....
...And Hamas has promised to do the October 7th massacre over and over and over again,” Netanyahu told ABC News....
...The companies have said £11bn would be invested over 10 years to support the rollout of standalone 5G networks....
...German gross domestic product will grow just 0.1 per cent this year, they said, because of a decline in exports....
...The Milan-based lender said on Tuesday that its net revenue rose to €6.3bn in the first quarter, driven by income from higher interest rates — up 10.9 per cent compared with the previous quarter....
...The company plans to invest ¥1.7tn in “growth areas” such as AI, electric vehicles and software....
...My FT colleagues consider the controversial plans among some of the rich democracies to seize Russia’s frozen assets....
...Under its existing rules, no major European airline has submitted a climate target ambitious enough to help limit global warming to 1.5C above pre-industrial levels, according to the group’s database....
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