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...This is a tremendous business opportunity. That is why we are able to attract the top tier one LPs [limited partners]: they are not doing it because it does good, but because it’s good business.”...
...Data as at May 2 2024, 4.14pm...
...Some Asian companies are frustrated that the US continues to let some of its companies, such as Qualcomm, to supply Huawei with chips at the same time that Washington is putting pressure on allies....
...Nobody fears the consequences, so they are just not doing it”....
...A new Abu Dhabi investment company is in talks to back OpenAI’s ambitious chip venture, in the latest effort by the United Arab Emirates to become a global powerbroker in the development of artificial intelligence...
...This week, the company brought on Nvidia, considered the world-leading maker of AI chips, as an investor and strategic partner, Florian Bressand, Mistral’s chief business officer told the FT....
...The evaluations “very good”, “good” and “acceptable” counted as recommendations (“very good” counted as one recommendation, “good” and “acceptable” carried a lower weight)....
...business....
...I hurt my back the other day doing some really strenuous journalism, and as a result, I am supine on my bedroom floor while we’re recording this because I can neither stand nor sit....
...According to a European Commission analysis of the world’s 2,500 highest spending companies in research and development published in 2023, 12 per cent of leading companies investing in health research are...
...Yet, like Hong Kong, the city-state’s wealth industry is still thriving as rich families increasingly invest more of their money in financial assets as opposed to tangible assets such as property and companies...
...Ngan, at Colliers, points out that many Chinese companies are no longer doing initial public offerings in Hong Kong, “leading to increasing pressure for relevant professional companies such as legal firms...
...Elon Musk has shut down the division that runs Tesla’s Supercharger business, dismissed two senior executives and fired hundreds more staff as the electric-car maker continues its restructuring amid a sharp...
...The bank said it had “clarified” its process, but its “assessment of the need for enhanced due diligence because of the higher risks of doing business in certain areas remains unchanged”....
...Procuring cocoa has long been a murky business....
...Marquis reserves special ire for greenwashing companies that pretend responsibility while wreaking havoc on the planet and doing little to clean it up....
...But developments in the life business, in particular, suggest that greater attention is due, especially given the implications for millions of retirees around the world....
...Meakin is on secondment from his role as the global co-leader of McKinsey’s consumer technology and media practice, according to a person familiar with the matter at BT, who added that the companies had...
...“This development contributed meaningfully to the upward pressure on the cost of doing business in Nigeria, and for MTN Nigeria in particular, significantly increased the costs in relation to our tower leases...
...“Chinese AI start-ups are doing a lot of research and development on top of the open source architecture, then fine-tuning the model and contributing to the overall ecosystem,” said Forrester’s Dai....
...“We cannot continue [growing] with the current way of doing things. It’s important to have the courage to transform the company,” Nissan’s chief executive Makoto Uchida said in an interview....
...What makes it even stranger is that his new business isn’t even focused on what he spent a large part of his career doing: property....
...The Brooklyn Tower, as it is known, is scheduled to go to auction on June 10 after its lender, Silverstein Capital Partners, initiated foreclosure procedures against Stern’s company, JDS Development Group...
...Production companies’ returns diminish as competition pushes returns back to the cost of capital. But some knowledge companies demonstrate increasing returns....
...The push to overhaul regulation comes as the hype around the technology has been tempered by concerns over long development timeframes and some early setbacks....
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