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...Sotheby’s accounts also showed that it paid out more than $26mn to Drahi’s main Luxembourg investment vehicle in 2021 and 2022 for “strategic advisory and other executive-level services”....
...Its business has benefited from customers increasingly using the sort of digital banking services it helps facilitate....
...The fund, raised by the group’s Brookfield Infrastructure Partners arm, is the largest-ever dedicated to investing in assets such as airports, toll roads, pipelines and natural gas export plants....
...Bain is down about this, saying: . . . as of January 2024, approximately 14,500 funds across the industry were on the road seeking $3.2 trillion in capital and only $1 closed for every $2.40 targeted, marking...
...The buccaneering Franco-Israeli telecoms billionaire Patrick Drahi took Sotheby’s equity private five-years ago....
...Autonomous systems rely on a combination of sensors, such as cameras or radar, that can see obstacles, as well as maps of the existing road network, to navigate....
...Tesla, which sank more than $2bn on building a gigafactory in Shanghai in 2019 and now has 1.6mn cars on Chinese roads, could contribute to reversing the trend....
...Three months of sticky inflation is worrying, but could prove a bump in the road....
...Licensing requirements could still be introduced down the road, however....
...His mother worked in the local government, figuring out how traffic flows were affected by road construction....
...Greater user choice may sound fine in theory, they argue, but it will challenge fundamental aspects of how services work....
...the highly popular short-video sharing platform has dominated nearly all my personal and work conversations, whether it’s at brunch with friends in Big Sur or afternoon coffee with a VC near Sand Hill Road...
...Being allowed to offer the same service in China, where the company has about 1.6mn cars on the road, “would unlock a significant fleet of Tesla vehicles able to charge subscription fees”, said Narayan....
...The automotive industry nonetheless expects EVs to become dominant in time as governments push to decarbonise road transport....
...Brookfield, which manages $850bn in assets, is best known for investing in real estate and traditional infrastructure assets such as ports and toll roads....
...But we also didn’t want to provide road maps to future competitors.”...
...The further challenge for the UK (which has a resilient services sector), adds Figures, is that modern goods increasingly come bundled with services — like connected cars — which will weigh on UK trade....
...These would service a long-standing deep seaport inside Kampot’s sleepy cow pasture and rice field-filled special economic zone....
...Infrastructure Investing today spans from toll roads to energy assets and semiconductor factories....
...And as the shadow DSIT minister Peter Kyle put it to me, the UK will have to take the middle road....
...Winning a role on one of the most high-profile US listings of the year is a milestone for Sofi, but the slow road to reaching it highlights the challenges that have faced numerous efforts to improve retail...
...And I think that probably contributed to some of the issues that have happened down the road....
...In a Franco-German road map, we have laid out joint ideas on a way forward. First and foremost, we must make market-based financing more attractive for EU businesses....
...Now 61, she works as an executive coach after a successful career in the Irish prison service....
...The net part for us will be about 20 per cent and we’ll use those when we run out of other options down the road,” Parkin said....
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