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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....
...Hybrid demand in markets such as the US has more than offset Toyota’s relative weakness in battery-only EVs, which made up about 1 per cent of its global sales....
...The company sold 374,000 vehicles in China, down 1.6 per cent from a year earlier....
...The UK is looking into reducing its settlement cycle by the end of 2027, while the EU has also signalled its intention to adopt T+1....
...News UK Broadcasting, the company that sits above the channel, generated revenues of just £5.6mn, albeit this is a sharp rise from the £1.1mn the year prior....
...Out of this sum, just shy of $1.4mn fell under the category of “all other compensation”, and — the small print reveals — included executive niceties as jet use ($1.07mn) and security ($100k)....
...Revenues in the period slipped 1 per cent to just below $26bn....
...Earlier this week the Biden administration announced that California-based GlobalFoundries would receive $1.5bn for a new facility and manufacturing expansion and modernisation at sites in New York and Vermont...
...Another person familiar with the matter said SoftBank was putting up the substantial majority of the $1.05bn funding round....
...Reallocating just 1 per cent of assets under management globally to emerging markets each year could have a transformative impact on growth and development in these countries....
...Shares in Philips jumped 37 per cent after the Dutch company agreed to pay $1.1bn to settle personal injury claims linked to faulty foam in its sleep apnoea devices....
...Boeing’s defence business reported a loss of $1.8bn last year, following a $3.5bn loss in 2022....
...Barclays on Tuesday agreed to sell about $1.1bn worth of credit card debt to Blackstone, as the British bank steps up efforts to move assets off its balance sheet in advance of more onerous regulations,...
...On Wednesday Chevron shares fell 0.8 per cent while those of Exxon climbed 1.1 per cent....
...According to PitchBook, neurotechnology companies raised a record $1.4bn across 115 deals last year. Leading the pack is Neuralink, which has raised close to $700mn to date....
...DIC Corp, a lossmaking, heavily indebted chemicals company, owns the museum and an unstated proportion of this collection....
...Production was 75,416 ounces of gold, while the company’s overall all-in sustaining cost almost doubled to $1,445 (£1,138) an ounce....
...Shares in Hess fell 4 per cent in after-hours trading, while Chevron’s dropped 1 per cent. Exxon’s shares were little changed....
...Thames Water on Monday updated its business plan to increase the amount it plans to spend on its network to combat environmental issues such as sewage spills by £1.1bn to £19.8bn....
...In some regions, risk adjusted performance has become more challenged, but overall, the model shows continued efficacy in outperforming a benchmark 1/N style allocation strategy.” Exciting stuff....
...Deposit costs were up an average of 5 per cent in the first three months of the year, compared with the previous quarter, at BofA, Citi, JPMorgan and Wells Fargo, to $1.5bn....
...Hot wage growth contributed to keeping services inflation elevated at 6.1 per cent in February....
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