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...“When India’s gross domestic product gets to $15tn, I’m sure we’ll have those [big companies] too.”...
...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....
...EY, which pursued its own plan to spin off its consulting arm, feared ceding a first-mover advantage to PwC....
...While use of large mechanical arms to carry out functions from lifting entire cars to installing some parts is common across the auto industry, this is one of the first uses of robots with a human appearance...
...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....
...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....
...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....
...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...
...Amazon Web Services, Mercedes-Benz, Nvidia and Texas Instruments are among the companies incorporating Arm’s new designs into their products and development systems....
...The Dutch arm of KPMG was on Wednesday fined $25mn by the Public Company Accounting Oversight Board, the largest penalty in the US audit regulator’s history....
...Another of the company’s factories, in the state of Madhya Pradesh, is building small arms for the Indian armed forces, reported by local media to include light machine guns, assault rifles and pistols....
...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....
...AI on Arm is everywhere”, and noted the company’s designs feature in Nvidia and Google AI products....
...competitor Amazon Logistics, the delivery arm of the internet retailing giant....
...Shares in SoftBank Group rose 10 per cent in Tokyo after chip designer Arm reported strong results on Wednesday. SoftBank owns more than 90 per cent of shares in the UK company....
...Accountants EY on Monday said they were appointed to oversee the administration of two UK arms, and are “exploring options for the sale of the business and assets”, which include electric vehicle platforms...
...Czech billionaire Daniel Křetínský has ended talks to buy the loss-making part of struggling French IT services group Atos as the indebted company tries to restructure....
...The company’s revenue of $824mn was up 14 per cent year on year, above consensus estimates of $762.99mn, according to S&P Capital IQ....
...The company on Wednesday afternoon reported a strong set of results and lifted its outlook for the year....
...Arm’s upbeat results contrast with those of several other chip companies this year....
...Arm is a company with extraordinary intellectual property and a good business model. I’m not being all doom and gloom here....
...Europe needs to be careful not to become “too protectionist” as it seeks to build up its defence industrial base in the wake of the war in Ukraine, one of the region’s biggest arms makers has warned....
...The company is forecasting sales for the coming year to increase by up to 12 per cent and underlying earnings to rise up by to 13 per cent....
...get an arm up....
...It’s for many companies an existential reality. Their supply chains have been disrupted by two major global conflicts,” Pick said....
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