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...It is down nearly 17 per cent since January 1 as top holding Tesla has fallen about 37 per cent this year....
...Inflows funding tech fell more than 60 per cent last year to $10.6bn from $27.8bn in 2022, while the US and China VC markets fell by about a third and 45 per cent respectively, according to Tracxn....
...Roche has cut a fifth of its drug pipeline in six months, shedding prospective cancer and neurology treatments as the Swiss company seeks to revitalise its business under new chief executive Thomas Schinecker...
...He has holdings in Chrysalis, Augmentum, Funding Circle and Nubank. Email: adventurous@ft.com. X: @advinvestor....
...The business is seeking about $1.3bn of new funding....
...The IMF has said that Ukraine needs to limit its public debt levels to roughly four-fifths of GDP by 2028 and two-thirds by 2033....
...Cutting Edge Group (CEG), a music financier, publisher and record label based in London, has secured $500mn from a syndicate of four banks, led by US lender Fifth Third Bank and Northleaf Capital....
...Venture funding has fallen precipitously since the start of 2022....
...Its largest holdings included Alphabet, Canadian National Railway, Visa, General Electric and rating agency Moody’s as at the end of September, according to a regulatory filing....
...His investment vehicle was ultimately paid $578mn for part of its equity holdings in WeWork....
...Limits on rental income have compounded the long-term effect of a near two-thirds cut to government funding for new social and affordable housing under the 2010-15 Conservative-Liberal Democrat coalition...
...Two weeks after its shares began trading on the Nasdaq, Lotus Technology is down by two-thirds....
...TPG sold a controlling stake in the talent agency CAA to Artémis, the holding company of the Pinault family, at a $7bn valuation....
...The reinsurer was at the heart of 777’s “insurance funding model”, according to 2021 pitch documents that said 777 Re sat between third party insurers and 777 portfolio companies....
...RedBird IMI is run by former CNN boss Jeff Zucker in New York but has the majority of its funding from Abu Dhabi....
...While Ola Electric dominates the small but growing market in electric scooters with about a third of sales, it is now facing competition from the likes of Honda and established Indian automakers such as...
...Profits at Fifth Third plunged nearly 30 per cent in the quarter compared with the same period a year ago, while profits at Citizens fell about 70 per cent....
...The Conservatives should eschew “posturing” in favour of delivery to have any chance of holding on to power at the general election, according to one of the party’s most high-profile regional mayors, who...
...Centcom said the missile that hit the True Confidence was the fifth the Houthis had fired in recent days....
...“Suppliers are waiting in a holding pattern until they see engineering break-even,” Boakye adds....
...of sales and roughly two-thirds of its 26,000 employees....
...US revenues from the world’s best-selling drug, which is used to treat inflammatory conditions from arthritis to Crohn’s disease, fell by a third as AbbVie offered favourable rebates to industry middlemen...
...Polls suggest ECR and ID are vying to be the third-largest group, replacing the liberal Renew Europe that includes French President Emmanuel Macron’s troops....
...Spotify will axe almost a fifth of its workforce after warning that economic growth had slowed dramatically and it needed to cut costs....
...Since then we have reported on the BJP’s offering to business, controversies over political party funding, Modi’s record on managing the economy, India’s growing north-south economic and political divide...
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