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CEO projects share of sales will double as companies integrate technology into operations
...Munich Re chair Nikolaus von Bomhard and his BASF counterpart Kurt Bock were both previously the most senior operational executives at their respective groups....
...Ogilvy, which has previously worked with a host of pharma groups including Pfizer and Johnson & Johnson, is launching a business that offers vetted influencers to talk about illnesses and possible solutions...
...The company was bought by US buyout group American Securities in 2011 before Apollo agreed to acquire it in 2014....
...Wood’s stock languishes around 142p — a painful 41 per cent below the final takeover price offered by Apollo a year ago before the private equity group got cold feet....
...The group estimated the rule would cost airlines $33bn over 10 years....
...Meanwhile, the entity in question — Change Healthcare — is restoring its systems, after reportedly paying a $22mn ransom to the BlackCat hacker group. But investors should pay close attention....
...By contrast, concert promotion, by far Live Nation’s biggest division with 82 per cent of group revenue, pulled in only 17 per cent of total AOI....
The American economist who once said the age of rapid innovation was over has a striking prognosis about AI
...That segment is dominated by UK-listed Gym Group and private equity owned PureGym....
...But investors have soured on the group as it competes in a costly streaming battle with larger competitors such as Disney and Netflix....
...This story was corrected to reflect that Group 1 Automotive has 55 sites in the UK, not 51 as indicated in a previous version....
Brussels seeks explanation from iPhone-maker after group behind ‘Fortnite’ has account terminated
...Welker is a partner at Sherborne, the investment group that led the break-up of former Hostmore owner Electra in 2021....
...Lok’nStore is set to become the latest company to leave the UK stock market, after the self-storage group agreed to be bought by Belgian-listed rival Shurgard for £378mn....
...Since then, SIG has put over $3.5bn into more than 350 Chinese start-ups, making Yass’s group among the leading foreign venture capital firms in the country, according to research group ITjuzi....
...Pharmaceuticals groups Pfizer and Moderna, which have both faced criticism from fringe groups over their Covid-19 vaccines, also spent heavily on security for their CEOs last year....
...It also opened proceedings against Meta over whether the group’s new “pay or consent” subscription model complied with the DMA requirement for gatekeepers to obtain user agreement to “combine or cross-use...
...On a year-on-year basis, deliveries fell almost 9 per cent for Tesla while rising 13 per cent for BYD, although the figure was nowhere near the 85 per cent annual growth the Chinese group reported in the...
...We’ve now convened a monthly working group of interested clients and experts to thrash through early opportunities. Obviously some of them have interests but they are also leaders in the field....
...Nine workers who occupied a senior executives’ office were arrested and on Wednesday it fired 28 staff allegedly involved in the “No Tech for Apartheid” group....
...Serkan Kaptan, chief executive of TAV, which operates several major airports in Turkey, said the group had been “laying the foundations for growth . . ....
A detailed taxonomy of management company rationales for this weird Wall Street anomaly
...The group is set to hold a town hall for staff on the US situation on Wednesday....
...Need to know: business Novo Nordisk announced a €1bn deal for a German biotech developing therapies to treat heart disease, as the Danish group seeks to branch out from its blockbuster diabetes and weight...
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