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...First, it earned staggering fees each year for advising on a disproportionate number of the largest transactions in the market despite keeping a modest headcount; in the boom year 2021, its revenues reached...
...Black likens the popularity of elderly content to the TikTok boom, where content is “a little more loose” than on Instagram’s curated, filtered feeds....
...Lex says drug groups are right to worry that the ruling could trigger a precedent for more challenges to the authority of the US Food and Drug Administration....
...Robertson’s backing for the sector is significant given his refusal to embrace internet stocks during the late 1990s dotcom boom, seen as a factor behind his hedge fund’s decision to return external capital...
...boom of the early 21st century....
...The increase came as European natural gas, a fuel that is widely used across industry, and wheat, a key grain in food production, reached record highs....
...As the largest online retailer, Amazon is the most obvious beneficiary of a shift in advertising markets as a decade-long boom for social media deflates....
...Moreover, Russia’s invasion of the country was causing global food shortages and sending prices for grains soaring....
...So has customer performance, with Amazon and others competing to deliver dog food to doorsteps....
...Chinese food delivery group Meituan has to swallow a Rmb3.4bn ($530m) fine after being found guilty of monopolistic practices....
...On the ropes a few years ago after a battle with state oil group Rosneft risked bankrupting his Sistema conglomerate, the 72-year-old Russian tycoon is now leading the way in a boom on the country’s long-dormant...
...Yet Merckx comes out in his jeans and V-neck jumper to wave us off. There is a genuine smile on his face as we roll into a downpour....
...The Connecticut-based fund saw Jitse Groen, Takeaway’s founder and chief executive, as the ideal leader for what became Europe’s largest online food delivery group....
...“Core” CPI, which excludes volatile items such as food and energy, rose 0.2 per cent from August, maintaining an annual rate of 4 per cent. Concerns over rising inflation go far beyond the US....
...But that was at the height of the boom in special purpose acquisition companies. As DD has told you, things have soured significantly since then....
...products such as drones, which proliferated at the start of the boom....
...In hot areas such as food delivery, Tiger Global has placed bets on competing companies, a practice that traditional venture investors typically shun....
...Goldman Sachs chief executive David Solomon has thrown cold water on the blank-cheque vehicle boom, calling the pace of listings unsustainable....
...And of course, the relentless Spac boom that continues to turbocharge both new listings and dealmaking....
...to a new study FT analysis shows £19bn of pandemic-related business was awarded by the UK government without seeking rival bids A medical committee in India has recommended the use of Russia’s Sputnik V...
...For the past two quarters, advertising has been bigger in revenue terms than its physical store segment, which includes Whole Foods....
...(FT) What else we’re reading Brazil’s agricultural boom — at what cost?...
...The Spac boom serves as a Wall Street legend’s final act Just 20 years ago, the hotshot boutique investment bank Wasserstein Perella was acquired for $1.5bn by the German bank Dresdner....
...The latest move to address shortages could involve approving Russia’s Sputnik V inoculation....
...Uber is capitalising on lockdown demand for takeout food with a bid for rival Grubhub. Big Tech may seem unstoppable, but that is exactly why it will ultimately be curbed....
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