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...One Sunday in June 2021, he found himself “face down in the street on the edge of unconsciousness from the pain”, his femur broken in four places and haemorrhaging blood, he told investors....
...Millennium gained 3.7 per cent in the first quarter of this year and has delivered average annual returns of about 14 per cent since inception, according to investors....
...Management of the division was taken over by Thomas Coesfeld, the 33-year-old scion of Bertelsmann’s owners, the Mohn family, last year....
...“London is no longer the home of mining,” wrote Cleary, who added that Glencore’s progress under chief executive Gary Nagle to lower carbon emissions at its mines would be better recognised by investors...
...Apple has agreed to pay as much as $25mn to settle a US Department of Justice investigation into the company’s alleged favouring of immigrant workers over US citizens and green card holders....
...Founded in 2007 by two Indian immigrants to the US, Biz2Credit started out lending to SMEs owned by other recent arrivals....
...Rasulo was previously Disney’s chief financial officer....
...But with the proxy battle out of the way, the unresolved question of who will take over from him has risen to the top of investors’ agendas....
...The division drew in billions of dollars more than investors were expecting in the quarter. Net new assets in wealth were around $95bn, well ahead of expectations for $62bn....
...The conditions remain in favour of financial performance for other divisions of defence and space, and global services....
...The company also faces the expiration of key patents in its pharma division and last year aborted a late-stage trial of its most hopeful new drugs....
...It’s an end of an era for Aim-listed food and drink wholesaler Kitwave, as chief executive and co-founder Paul Young is set to retire next month, to be replaced by current chief operating officer Ben Maxted...
...The firm is dropping the brand, one of the best known in the industry, and creating a discretionary investing division that will include staff from other teams....
...client assets than investors were expecting....
...“What should be clear is that this division is a hot topic for investors....
...Revenues at the key landscaping division (which contributed almost half of total sales) and the building products division were down 18 per cent and 12 per cent, respectively, with operating profit falling...
..., Wiz is in talks with investors including Thrive, Light Speed Venture Partners and G Squared to raise hundreds of millions of dollars, according to people familiar with the matter....
...The results come as the Issa brothers, who also co-own petrol station empire EG Group with TDR, seek to simplify the division of assets between them....
...in revenue continues to test the patience of its investors....
...The sale of the digital commerce division to US media giant Omnicom completed this month, and Ascential’s chief executive Duncan Painter has left to join Omnicom....
...As part of the reorganisation, Man GLG chief Teun Johnston left the company, sources told the Financial Times. Johnston’s departure and the dropping of GLG were first reported by Bloomberg....
...Turnover in GSK’s vaccines division was up 24 per cent across 2023 — helped by the 17 per cent growth in sales of the Shingrix shingles jab....
...On Tuesday, Nadella announced the surprise hiring of Mustafa Suleyman, chief executive of AI start-up Inflection and co-founder of DeepMind, to lead a new Microsoft division focused on pushing further into...
...But it is again facing the task of finding a new chief executive able to address ongoing problems in manufacturing quality and increased scrutiny from regulators, customers and investors....
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