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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....
...Annual advertising revenues at the Microsoft-owned group rose to nearly $4bn in 2023, up 10.1 per cent year on year, according to estimates from research group Insider Intelligence....
...However, its shares have since plunged from a $10 float price to $1.26, leaving the business with a market capitalisation of just $54.4mn....
...At 10 times forward earnings, the stock trades at more than twice the valuation of rival Volkswagen....
...The company sold 374,000 vehicles in China, down 1.6 per cent from a year earlier....
...German gross domestic product will grow just 0.1 per cent this year, they said, because of a decline in exports....
...Electric car company Tesla presents a terrible set of first-quarter earnings and is rewarded with a 10 per cent share price jump....
...The £1.3bn of so-called class B debt, which is still inside the ringfence but has a lower-ranking claim on the company’s cash flows, could be hit with even deeper 35-40 per cent impairments....
...Lockheed Martin has lost 10 per cent in the past year and RTX, formerly known as Raytheon, has declined by 9 per cent....
...companies.”...
...Still, less than a third of those surveyed in an ABC/Washington Post poll out on Sunday believe Biden is doing a good job in managing the world’s largest economy....
...of 1.8mn homes....
...This was driven by a surge in prescriptions of Sandoz’s Hyrimoz, CVS’s preferred biosimilar, which was given to more than 10,000 patients in the week ending April 12, pushing biosimilars’ share of new Humira...
...Brad Smith, Microsoft’s president, unveiled a “multiyear partnership” with Paris-based Mistral on Monday, to help the 10-month-old company bring its AI models to market....
...Then, unemployment was 10 per cent; now it’s under four. This is still an unusual economy....
...In the meantime, Elkann, 47, successfully turned the family business around and expanded the investment portfolio of the Agnelli family’s holding company Exor, pushing its value from about €1.2bn when his...
...Amazon has scrapped its $1.45bn acquisition of Roomba maker iRobot as EU regulators prepared to block the transaction over competition concerns, the US tech giant said on Monday....
...Bluey is made by independent company Ludo Studios and was originally funded by government film agencies before it was co-commissioned by the ABC and BBC Studios, the British broadcaster’s commercial arm....
...National General implemented rate increases at 10% in 2022 and an additional 12.8% in 2023....
...Overall, the 10,000 small companies in Zeki’s database hire more top AI talent than the big five combined....
...A person briefed on the initiative said Lei has devoted 70 to 80 per cent of his time over the past year to Xiaomi’s car project, starting at the office at 7am and working until 10 or 11pm....
...Shapps said the assaults on shipping had forced 12 international companies, including energy group BP and Maersk, to suspend passage through the Red Sea, and caused insurance costs to increase 10-fold since...
...Companies have also been forced to make £250bn in pension contributions to fill fictitious deficits....
...The parent company lost $1.2bn in the second quarter as revenue declined 4 per cent from a year ago to $10.4bn....
...Shares in Chevron were up 1.1 per cent in pre-market trading in New York, while Exxon rose 0.7 per cent....
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