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...“We continue to invest significantly in audit quality, in our training, controls and technology, to drive further improvements and resilience in our audit practice.”...
...But activist investors were disappointed after the country’s National Pension Service sided with Samsung C&T’s management despite local and global proxy advisers recommending the proposals....
...EDF is no longer giving an in-service date for the second unit, as cost of the whole project has ballooned to as much as £46bn in today’s prices....
Rising interest rates and a ‘talent war’ are dampening enthusiasm for the multi-manager strategy
...Google has agreed to pay C$100mn a year into a fund to support news organisations in Canada as part of a deal with the government, ending a dispute that led it to threaten to cut links to news from its services...
...With just 1.2bn people having an income above $12K a year, Apple is valued on an EV per pop of c$2,300, which requires c$800pp of annual spend, on the global equity strategy team’s calculations. 4....
...panacea: “There is still a risk that assets will have to be sold at low prices, to repay the borrowing, locking in losses,” said Alasdair Macdonald, head of investment strategy with WTW, a professional services...
...Other bonds with triple C ratings were issued by cyber security groups McAfee, Cloud Software Group and healthcare services company LifePoint Health....
...In turn, EDF has seen Hinkley Point C as a model for the technology it wants to roll out across France and export to other countries. The project is set to bring in revenues once it is up and running....
...But costs to train and run the models that underpin that technology are steep. And chief executive Sam Altman has said he has even bigger aims....
Chief CS Venkatakrishnan sets out ambitious plan to boost revenue and revive bank’s depressed valuation
...The new body should “harness the private sector to catalyse areas of strategic national interest, such as life sciences, professional services, technology and entertainment”, wrote Venkatakrishnan....
...The heir to South Korea’s largest conglomerate had been accused by prosecutors of manipulating the share prices of two Samsung subsidiaries, Samsung C&T and Cheil Industries, in order to facilitate a 2015...
Many challenges stand in the way of a ‘nuclear power renaissance’
...C-Capture is developing technology that uses a solvent to capture carbon dioxide emissions from power stations or industrial processes in order to prevent them from being released into the atmosphere....
...“We’ve seen time and again that when new technologies come along, they can create buzz from investors as well as false claims by those purporting to use those new technologies....
...EDF, which has also experienced long delays on recent parallel projects in Finland and France that use the same reactor technology, blamed the latest problems at Hinkley in Somerset on the complexity of...
Baidu’s chief executive Robin Li zeroes in on generative AI to turn the business around
...USB-C, Lightning and Micro-USB connectors cover pretty much all bases, and a small charging dock gives you a new place to pop your keys at the end of the day. Rolling Square TAU 2, $39 @rhodri...
...ability to appoint a chief executive and data sharing, to limit Beijing’s influence over one of Italy’s most prized industrial brands, which Rome considers a strategic national asset due to its proprietary technology...
...Together, the platforms provide the country’s largest online shopping services, but they have been steadily losing market share to Temu and Pinduoduo owner PDD Holdings, and ByteDance’s Douyin, the Chinese...
...That performance has continued into this year: the S&P 500 index of leading shares hit an all-time high on Friday, driven by strong gains for the largest technology companies....
...The surveys were conducted online by Statista. Peer survey Building on last year’s methodology, a longlist of more than 1,700 firms was used as a basis for the latest survey among peers....
...Instead of any kind of technology being visible, there are a lot of cherished artworks by Clive Hicks-Jenkins, Robert Tavener and Walter Hoyle and, in the kitchen, elaborately decorated ceramics....
...The state-run National Pension Service, which held an 11 per cent stake in Samsung C&T, voted in favour of the merger despite strong opposition from US activist hedge fund Elliott Management, which was a...
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