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...The group’s North American arm already has an established debt business. The aristocratic Grosvenor family has owned property in London for more than 300 years....
Peak XV’s Shailendra Singh plans to ‘double the dollars’ deployed this year
...The letter of interest, which was first reported by Sky News, comes a year after the collapse of EY’s plan to split its accounting and advisory arms....
...Chinese ecommerce group Alibaba has suspended a planned IPO for its logistics arm Cainiao and said it would instead spend up to $3.8bn to buy out the unit’s minority shareholders....
From Tim Sutton, Brackley, Northamptonshire, UK
...Sunak, appearing on LBC on Wednesday morning, said arms licensing was reviewed “periodically” and this had thus far “led to no change”....
...The Dutch arm of KPMG was on Wednesday fined $25mn by the Public Company Accounting Oversight Board, the largest penalty in the US regulator’s history, and the firm also faces disciplinary action in the...
...Brussels is actively exploring how to work around an EU treaty clause prohibiting arms purchases from the union’s budget, as it steps up efforts to increase financing for defence and Ukraine....
...The bank’s Russian arm manages assets of just under €21bn, according to the latest figures. Its book value was estimated at €4.1bn in figures published last year....
...Rene Haas, who was appointed chief executive in 2022, has made the automotive market one of Arm’s key focus areas, in tandem with expanding in the data centre and “internet of things”, as Arm diversifies...
Arm yourself with the knowledge needed to navigate the rites and rituals of this hallowed institution
...And because for most companies licensing is a big one-off cost, their lumpiness was a recurring blight on Arm’s numbers. Arm’s spread into more diverse markets could help level out this cyclicality....
...Sony will list its financial services arm in 2025, providing a boost for investors even as the Japanese group cut its forecast for full=year sales of its PS5 gaming console....
...Is Arm really an AI stock? It’s been a big week for the chip designer Arm Holdings....
Quarterly profits rise 14% after better than expected quarter for traders, investment banking and wealth management arm
...Shares in New York-listed Arm jumped 19.9 per cent in after-hours trading following the results....
...India’s arms industry passed a milestone in January with the unveiling of the country’s first intelligence, surveillance and reconnaissance drone, which was made by the defence arm of the Adani conglomerate...
...Arm also revised up its full-year revenue guidance from a range of $2.96bn to $3.1bn to a range of $3.15bn to $3.2bn....
...Atos said on Wednesday that talks with EPEI, Křetínský’s vehicle, had concluded with no agreement over the purchase of its loss-making arm Tech Foundations, initiated last summer....
...Arm doesn’t make GPUs so is Arm involved in the AI story? Yes, but very much as a supporting player, not a key player. Marc FilippinoCan I ask, does it matter if Arm is an AI success story?...
...Shares in Arm Holdings surged more than 50 per cent after the UK chip designer reported higher royalty and licensing revenue boosted by strong AI demand....
...On Thursday, Arm’s market capitalisation had almost doubled since then to about $117bn....
...However, Royal Mail has lost market share since 2013 after Amazon diverted to its own logistics arm parcels that it previously sent via Royal Mail....
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