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...TIC currently owns about 7.3 per cent of Toyota Motor, while the much larger company owns 23.5 per cent of TIC, according to LSEG data....
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...Microsoft does not break out China sales but president Brad Smith last year told the US Congress that the country provided 1.5 per cent of revenues. Microsoft and Intel declined to comment....
...The family-backed company bought London-listed speciality chemicals group AZ Electronic Materials for £1.6bn, including debt, in 2014....
...Nomura Asset Management, Vanguard and BlackRock are all major shareholders, and Elliott’s stake is at least 2.5 per cent, according to people familiar with the situation....
...Shares in Scottish Mortgage climbed 1.5 per cent on Friday, but remain down almost 40 per cent from their record high....
...Inflection investors are reported to be in line to receive up to 1.5 times their investment while retaining a stake in the business....
...Shortly before Jay Powell, Federal Reserve chair, announced that the central bank was keeping benchmark rates at 5.25 per cent to 5.5 per cent, Colin Simpson, Manulife’s chief financial officer, revealed...
...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....
...More than 1,000 products featuring the dog family’s likeness have been made, ranging from books to plush toys to toothpaste....
...Maintenance costs (+1 pc) grew faster than repairs and body work (+0.5 pc and +0.7pc) for the month. As for the insurers themselves, it looks like profit pressures are lifting....
...The latest Xbox console generation, first released in 2020, has struggled to keep up with the PlayStation 5 and Switch....
...It reflects the opinions of 1,006 registered voters nationwide, and has a margin of error of plus or minus 3.1 percentage points....
...Microsoft says it has 1,600 AI models running in its data centres, of which 1,500 are open source, an area it hopes to continue to support alongside proprietary technology such as OpenAI’s....
...But it gave all that back yesterday, when it announced it was closing 1,000 of its 16,000 stores and taking a charge....
...Hardware sales are slowing, with Sony cutting its forecast for PlayStation 5 sales this week....
...At least 1,200 people were killed in Hamas’s assault, according to Israeli officials. The militants also seized about 240 hostages....
...The four biggest banks alone hold about $1.8tn of deposits that pay zero interest. If that paid the roughly 5 per cent current level of interest rates it would amount to $90bn per year....
...Yet, in 2004 — when the survival of debt-laden Fiat was uncertain — she agreed under the laws of Switzerland to sell her 37.5 per cent stake in Dicembre to her mother and give up any future claim over her...
...Despite price cuts in recent years, operating margins have risen to more than 5 per cent, from 3 per cent two years ago as hybrid sales grew....
...It sold a 4 per cent stake worth £1.9bn last month in LSEG, and shares worth almost $5.5bn last year. Hasker said Thomson Reuters would exit the stake entirely next year....
...It was a 1 per cent mortgage era. By 1978-79, I became convinced that the US was over-housed....
...Its bid is around half that of Spain’s Talgo, with Brussels alleging that this was enabled by Beijing awarding €1.75bn in subsidies....
...The finance ministry said it expected the country’s economic growth to reach 5 per cent in 2023....
...Carlyle is selling its stake for an equity value of $1.8bn, valuing the overall operation at about $6.4bn, said two people with direct knowledge of the matter....
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