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...CD&R and BC Partners declined to comment....
...Leahy said that in recent years CD&R had “never really been able to do a consumer deal”, adding: “They’ve all been retail deals and also we’ve never really done a leisure or consumer services deal.”...
...We see sticky services inflation. We see a resilient labour market....
...A YouTube user called PluggingAI offers songs imitating the voices of the deceased rappers Tupac and Notorious B.I.G....
...Other institutional funds managers, including M&G and Schroders, also deferred withdrawal requests and have yet to lift their blocks....
...Nunes, a former Republican congressman, named four equities market makers in his letter: Citadel Securities, Virtu, Jane Street and G1 Execution Services....
...It seeks to prove lack of competition in markets in which Apple faces serious rivals and in which users are able to switch to different products and services....
...CD&R bought MFG for £500mn nearly a decade ago....
...Greater user choice may sound fine in theory, they argue, but it will challenge fundamental aspects of how services work....
...M&G Investments’ annual bond forum in London earlier this year featured an unusual presence on the stage: a large colourful statue of an elephant....
...For 12 years until 2011, the firm — then known as RSM McGladrey — was part of the publicly listed tax preparer H&R Block. “It made us into a national firm, which was great....
...Spending on R&D reached nearly 8 per cent of revenue last year, up from just over 2 per cent a decade ago....
...Unlike Microsoft and Alphabet it has not rolled out new AI-enhanced services to customers this year....
...CD&R declined to comment....
...Last week we got the usual kind of stuff: a critical minerals club, an agreement on sharing data on semiconductor market distortion and so on, without binding mechanisms to make anything happen....
...Smart reads Gambling on the future Anglo American is betting $9bn on a fertiliser mineral for which there is currently little demand, in a high-stakes strategic shift from coal mining to helping stave off...
...They spend a lot of money on R&D. They are among the largest patent holders. There’s very little evidence of collusion. They seem to be competing with each other quite strongly....
.../ From E R Yescombe, YCL Consulting, London N10, UK...
...M&G said: “We considered a range of options but as an active asset manager, the only alternative passive M&G fund available was not suitable given it tracks the FTSE All-Share index, which offers significantly...
...But Tesla’s ambitions for autonomous driving powered by homegrown artificial intelligence processing could foster a large services unit. R&D spend has doubled since 2020, reaching $3bn in 2022....
...The blend is citrusy and mineral, which gives it this pleasant, pure and fresh feel that has your mouth begging for the salinity of a perfect oyster....
...That was equal to more than a fifth of advertising revenue and was more than the company paid for R&D....
...So no-one was there to point out that this (r-g) thing misses the state’s biggest contractual financial liabilities....
...Richard G Little Visiting Research Scholar, Rensselaer Polytechnic Institute, Troy, NY, US...
...When Toys R Us arrived in the country in the mid 1990s, it also initially eschewed collective bargaining....
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