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...Asked if the Microsoft deal was a prize for cutting ties with China, G42’s chief executive Peng Xiao said: “I would focus on our decision to form this partnership with Microsoft to really develop our capabilities...
...Under the deal, Adia — which has a long-standing relationship with PAG — would offer to buy investors’ stakes in PAG funds at a discount, in a transaction that the buyout firm would facilitate....
...Musk did not respond to a request for comment....
...G42’s stake in the TikTok owner was worth an estimated $100mn, according to the data provider PitchBook....
...“Companies who choose to come to Canada do so because we have a competitive economic environment and because we are a global player in artificial intelligence,” said François-Philippe Champagne, Canada’s...
...G42’s chief executive Peng Xiao was born in China, studied in the US and is now a UAE citizen....
...Dubai has grown over the past 30 years from a minor regional airport into the world’s busiest international hub, as the Gulf has become a major force in global aviation....
...It was certainly heavy on the nostalgia — much more so than Hearst’s Chloé, as well as more romantic — but it feels like Kamali can carve out a space for the soft power of the cool Chloé girl....
...Azour stressed that the “recovery is mild, with a lot of caveats”....
...they co-ordinated closely with governments of both the US and United Arab Emirates, which has vaulting AI ambitions, spearheaded by powerful Emirati royal Sheikh Tahnoon bin Zayed al-Nahyan, who is G42’s...
...by a display of 50 blouses from Chloé’s nine different designers through the decades....
...State Street Global Advisors’ SPDR S&P 500 Ucits ETF has attracted €2.7bn in net inflows over the three months since its fee was cut to 0.03 per cent in November last year....
...A significant signature; a vintage ticket slipped between the pages; annotations or if the show was a sell-out featuring a star at a major theatre are all factors that contribute to value....
...“A concrete wall came down, smashed like Lego, and debris destroyed our cars,” said Grobler, who runs a quarantine facility for endangered species....
...Taqa, a majority state-owned Abu Dhabi energy group, is in talks to acquire a stake in Spanish giant Naturgy in a move that would mark another Gulf incursion into the European power sector....
...The talks, which began almost a year ago, have been halted “due to the uncertainty created by the external environment,” NewMed said in a statement....
...The CSI A50’s top three constituents include liquor giant Kweichow Moutai, financial group Ping An Insurance and battery maker Contemporary Amperex Technology....
...In response, the Spanish government ordered a state holding company to take a stake in the “strategic” company as a counterbalance. Additional reporting by Ivan Levingston in London...
...The IDF’s chief of the general staff Herzi Halevi called the strike a “mistake that followed a misidentification — at night, during a war, in very complex conditions”....
...Ebrony Peteli, a former miner living in Mufulira, a town home to Mopani pits and a critical smelter, was elated to hear about new investors coming to reinvigorate a mine that once drove regional prosperity...
...Chloe Aridjis was writer in residence at the Prado, a joint initiative with Loewe Foundation and Granta Follow @FTMag to find out about our latest stories first Letter in response to this article: Delightful...
...They have long considered Iran to be a malign actor and a hostile power in their backyard....
...For the UAE, being put on the grey list “was extremely challenging but it forced out a lot of reforms”, said Bryan Stirewalt, a former chief executive of banking regulator Dubai Financial Services Authority...
...Accor paid a total of €44mn to buy the Orient Express brand from state-owned French rail operator SNCF as part of a 2017 deal, according to a person familiar with the matter....
...Riyadh has considered a naming and shaming approach, with one official memo stating that a list of non-complying companies would be “published” on a government website....
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