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...But if Reckitt does offer to settle, individuals could still choose to opt out of a settlement and pursue their claims individually. A more immediate threat is if activist investors begin to circle....
...Leonardo and Franco-German consortium KNDS in December announced a partnership to build a new generation of tanks, a project initially launched by Germany and France to replace their Leopard 2 and Leclerc...
...Sterling fell slightly following Ramsden’s speech, trading 0.4 per cent lower against the US dollar at $1.239....
...After a judge dismissed the claims against the publishers, a jury in Washington, DC, found Simberg individually liable for $1,000 in damages, and Steyn for $1,000,000....
...At first glance, the €1.8bn fine for stifling competition in music streaming is not a lethal problem for the company....
...Government forecasts show the eurozone’s largest economy growing just 0.2 per cent this year, having shrunk 0.3 per cent in 2023....
...Apple iPhones can be purchased at stores across Iran, although they have to be brought into the country individually or in batches because the California technology giant does not do business there in compliance...
...But responsible AI does not always mean reinventing the wheel....
...They closed up 2.3 per cent to DKr398 on Monday, valuing the company, which is 50.1 per cent owned by the Danish state, at roughly DKr167bn....
...Franklin Templeton was incentivised to realise the assets and reduce the discount by earning a fee of 1.75 per cent on returns of capital....
...Sales in petrol stations were up 3.2 per cent in March, household goods stores reported a 2.4 per cent expansion and sales at clothing stores rose 0.5 per cent....
...At a price-to-book ratio of just 2, the Russell 2000 is currently cheaper than the 10-year average of 2.2, and the 40-year average of 2.1, Goldman Sachs notes....
...Defending deposit bases does not come cheap. During the first quarter, Wells paid a rate of 2.34 per cent on its interest-bearing deposits, nearly twice what it paid a year ago....
...The 1,000km journey showcased a new long-range battery technology for individual cars developed by Nio....
...The risk for Nato would be of it fracturing if capitals were individually to seek to curry favour with Trump, he added....
...French train maker Alstom has put the UK government on notice that it is planning to mothball its historic factory in Derby that employs 1,300 people after delays in orders for the High Speed 2 line....
...Around $1.2tn of fresh global private capital was raised in 2023, according to Preqin. Sure, this is less than the $1.5tn in 2022 or the $1.7tn of 2021. But still, 1.2 TRILLION DOLLARS!...
...Does Hedges believe that the desk contains the spirit of Abbey Road? He laughs. “People do treat it like a sacred object,” he says....
...Annual GDP growth was 2.1 per cent in the three months to December 31, down 0.1 percentage points from the previous quarter, the government statistics agency said earlier today....
...His model has Reddit with 131mn users and $2.3bn in revenue in 2027, implying growth of 16 and 30 per cent a year, respectively, over the next four years....
...1!!!! ʰᵉʸ ᶜᵒᵐᵉ ᵇᵃᶜᵏ The news-before-the-news Points 1 and 2 — more interesting. The FCDO tackled these together, and gave Alphaville a partial response....
...The company announced last year that shareholders had pledged £1.5bn, but by March this year it had received only £500mn....
...Owning 50 shares at $2 apiece is no different to holding 100 shares at $1 each — or, in the case of Chipotle, one at $2,900 versus 50 at $58. Nor does it do anything to performance....
...However, the deal does not tie Anthropic to Amazon’s cloud exclusively, as OpenAI’s partnership with Microsoft does, and the start-up will continue to also use Google’s cloud....
...It is not clear how World Athletics’ decision will be viewed by the IOC, which does not offer prize money to competitors....
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