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...Consumer goods companies also received support. Unilever was awarded $20.9mn to make lower-carbon ice cream for brands such as Talenti and Ben & Jerry’s....
...Toyota has forecast a 20 per cent decline in annual profit as the world’s largest carmaker plans to invest ¥1.7tn ($11bn) in electric vehicle and artificial intelligence technology to compete against its...
...For example, in recent decades, a swing of just 1 million barrels can swing crude oil prices dramatically even in a market supplied by roughly 100 million barrels per day....
...TikTok has tried to distance itself from ByteDance by investing more than $1.5bn on “Project Texas”, a restructuring plan it insists protects user data and content from China’s influence....
...The salary changes come after UK “magic circle” law firm Freshfields Bruckhaus Deringer announced last week it had increased base pay for new solicitors by 20 per cent from May 1, to £150,000....
...The company sold 374,000 vehicles in China, down 1.6 per cent from a year earlier....
...The national authorities have the power to sanction companies as a last resort....
...To the degree that banking is the business of distributing money — gathering capital at one price, lending it at another — it is a commodity business....
...An estimated 1mn-1.5mn of the animals roam freely through the country, causing about €120mn of damage in rural areas from 2015 to 2021....
...This month Brazil started distributing a vaccine produced by Japanese pharmaceutical group Takeda....
...As a result, the reference date for builder basket capacity accrual for Altice was a full decade in the past — April 1, 2014....
...Net debt increased to $24bn from $20.9bn in the last quarter....
...The bill would ban app stores from distributing TikTok unless ByteDance divests the app within 180 days after passage....
...Analysts had expected revenue growth of about 20 per cent....
...California-based hedge fund Camelot Capital Partners snapped up more than 360,000 Asos shares this month in a pair of share dealings worth more than £1.25mn....
...More than 40,000 UK companies are on the brink of insolvency, a 20.1 per cent increase compared with the first quarter of 2023, according to research released by consultancy Begbies Traynor on Friday....
...equity and venture capital investment in India’s health and pharmaceutical sector hit a record of about $5.5bn in 2023, a 25 per cent jump on the previous year, according to a report published by Bain & Company...
...In a more recent note the Goldman Sachs analysts cite surveys suggesting that fewer than one in 20 companies report the “use of generative AI in regular production”....
...It warned that “the full amount of all claims, including cumulative interest, is approximately €1.3bn”....
...The company is expected to “continue growing with robust returns while distributing an attractive dividend”, said Patricia Cifuentes, analyst at Bestinver....
...The approval by shareholders comes after the company raised its dividend on Thursday to $3.10 a share for 2024, 20 cents above the 2023 payout....
...The firm’s “deliberate and systemic failure” to meet professional standards affected more than 1,500 company filings from January 2021 through June 2023, said the SEC....
...between 1.2x and 1.4x in the past five to six years....
...Walmart did however take large dividends out of the business over the course of its some 20 years of ownership....
...Elkann, his grandfather’s anointed successor, had already been gifted 25 per cent of the company....
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