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...It added: “The premise and the statements in this story are flawed and based on anonymous sources who are spreading falsehoods in pursuit of a personal agenda....
...Shares in Brookfield Renewable rose nearly 11 per cent on Wednesday after the FT first reported the Microsoft agreement....
...Less than half of the group’s assets under management beat their benchmarks on a one-year basis, although 58 per cent outperformed over three years....
...Employee shares that vested in the first quarter of this year are worth $176, according to documents seen by the FT, meaning that ByteDance’s internal valuation may have grown since the start of the year...
...Most of the nearly $500bn increase in assets under management in the first quarter was due to rising equity markets. In the US, the S&P 500 had its best first quarter since 2019....
...Retail demand has been a key source of funding for Italy’s looming debt pile, with around €75bn sold directly to households since the start of last year....
...BlackRock Riyadh Investment Management will be a wholly owned subsidiary of the $10.5tn US asset manager....
...“Both Warren and Charlie were very clear on this,” a current Berkshire employee told DD’s Platt....
...During the first quarter, the company started share repurchases under its inaugural $7bn share buyback programme, which Mahendra-Rajah said would “partially offset” the company’s employee stock-based compensation...
...And: Hong Kong’s financial regulator has launched criminal proceedings in an insider dealing case against hedge fund Segantii Capital Management and its founder and director, Blackpool Football Club owner...
...to one such dear (now former) employee....
...“It is always difficult when an employee only raises this partway through a management process rather than earlier on.”...
...Parks remain a vast source of operating income for Disney, and the largest area of employment....
...Pichai’s blog on Thursday also addressed an employee protest this week against an AI and cloud contract with the Israeli government and military....
...But “formalism still exists”, the employee said, with some processes still taking place outside the new streamlined procedures....
...Tech companies argue their efforts represented the first step towards tackling the problem....
...Per Bloomberg: Apollo Global Management Inc bet on the longevity of senior citizens by acquiring illegal life insurance policies and funneling the payouts through shell entities, according to a new lawsuit...
...VanEck is hoping to exploit this mood by aiming to attract one of the largest sources of untapped capital — pension funds....
...One good read The risks of management by “hard numbers.”...
...Ann Francke, chief executive of the Chartered Management Institute, says the videos can be a “wake-up call to leaders about potential management shortcomings”....
...Whenever there’s a study that dunks on active portfolio management, we’ll be here to cut and paste. Today’s active management dunk comes from Morningstar....
...On your first day, your boss asks you to sign a non-compete agreement banning you from working for any nearby salons for a period of time if you leave the job....
...I first set eyes on Sotheby’s honorary chairman of wine, Serena Sutcliffe MW, at a tasting in 2013....
...Bag fees, introduced by airlines to counter surging fuel prices in 2008, have become a significant source of revenue for carriers....
...In the EU, legislation has forced Apple to change core parts of its closed mobile operating system, such as allowing users to download apps from other sources for the first time and changing the fee structure...
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