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...“This transaction is a unique market opportunity that enables MassMutual to access a scaled origination ecosystem,” said MassMutual chief investment officer Eric Partlan....
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...Sales also fell year on year in the group’s watches and jewellery division....
...Its De Beers diamond division and platinum metals unit have been hit by low prices....
...“We do think we passed a high point in this cycle,” said Deutsche’s chief financial officer James von Moltke, referring to new loan provisions, adding that the crisis in US commercial real estate seemed...
...D’Amaro’s division, officially known as Disney Experiences, also includes its cruise lines and a consumer products division that ranges from Mickey Mouse sweatshirts to Buzz Lightyear figures....
...and 360,000 b/d in 2025....
...But his reorganisation gave that unit to Marc Nachmann, leaving Cohen with “platform solutions”, a division that included the businesses that Goldman was planning to exit....
...BHP said it would not take Anglo’s South African iron ore and platinum divisions, which are independently listed. Shares in those units fell on Thursday....
...Some businesses continued to struggle, including the wealth management division....
...Advisers said that the ice cream unit could draw interest from private equity groups....
...Stan Deal, head of the commercial planes division since 2019, is retiring immediately, to be replaced by Stephanie Pope, who has been chief operating officer for less than three months....
...Talk of restructuring its institutional banking division, to separate the financial trading unit from the larger commercial banking operations, may yield some cost savings but won’t obviously achieve much...
...The division gained over 120 basis points of share as 4mn more mince pies were sold than last time around....
...The telecoms group has held talks with Labour about allowing its networking division Openreach to replace its existing copper cables in multi-dwelling units (MDUs) with full fibre without seeking additional...
...Replacing him is Gil West, a former chief operating officer of Delta Air Lines and General Motors’ Cruise self-driving car unit....
...Lake will now become the division’s sole head....
...However, the arrival of former Bank of America dealmaker Diego De Giorgi as chief financial officer at the start of the year introduced a strong rival for the top job....
...But the unit has struggled lately as demand for plant-based protein has waned....
...Sanofi has since restructured the consumer division to be a standalone business within the company....
...She returned to services in April 2022 as chief executive for the unit....
...It has since closed or sold several other smaller units, including its mining equipment division....
...With its new plans for Taylor, Samsung will be able to combine the latest graphics processing units and its own high-bandwidth memory chips in advanced AI products packaged at its US facility....
...It took Israel’s military several weeks and three divisions, backed by heavy air and artillery strikes, to reach and attack Gaza’s al-Shifa hospital last year....
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