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Calpers concerned oil supermajor is seeking to muzzle activist shareholders
...Cashing out of these large bets is proving tricky at a time when the industry is adapting to higher interest rates....
...Multi-managers, which include giants Izzy Englander’s Millennium and Ken Griffin’s Citadel as well as Eisler, employ teams of professionals trading a wide variety of strategies, diversifying the fund against...
...The Minneapolis-based packaged foods giant — whose brands include Cheerios and Wheaties — is reportedly looking to sell its North American yoghurt business in a deal that could be worth more than $2bn....
...“I can make you jobless in this industry,” said Baidu vice-president Qu Jing in one video....
...While in the US, the iPhone maker has been hit by a sweeping antitrust case that alleges the Silicon Valley giant uses its power in the smartphone sector to quash rivals and limit consumer choice....
...It has also prompted lawmakers in both red and blue states to introduce so-called “Taylor Swift” bills aimed at reining in the ticketing giant....
...A dramatic break-up between Microsoft and China’s gaming giant NetEase last year ended a nearly 15-year-long partnership. It affected not just investors but millions of China’s gamers....
...Apple has apologised for an advert showing musical instruments, artistic tools and games being crushed by a giant hydraulic press that left it facing accusations of cultural insensitivity....
...Cloud-based communications company RingCentral also surged in the remote working boom of 2020 but has since shed about 90 per cent of its value, as it competes with technology giants such as Alphabet and...
...We already have an installed car manufacturing industry. We have the flex fuel technology. I see a different [kind of] development here, [more] like in Africa or India.”...
...The giant Ferris wheel — one of the most popular attractions in the capital — previously only had planning permission until 2028....
...The new claim comes despite efforts by Dara Khosrowshahi, Uber’s chief executive since 2017, to rebuild relations with licensed cab drivers, after the company’s co-founder Travis Kalanick described the industry...
McDonald’s and Coca-Cola among companies highlighting impact of persistent inflation
...Apple has unveiled new iPads featuring what it called “an outrageously powerful chip for AI”, signalling the Silicon Valley giant’s growing focus on artificial intelligence services....
...Apple’s advertising campaigns have often been held up as the pinnacle of the industry over the past few decades....
...They were intended to teach her staff how to use their personal social media accounts to raise the profile of Baidu but instead engulfed the Chinese search engine giant in controversy....
...CBOE’s BZX equities exchange features in the second chart because of just one stock, CBOE Global Markets Inc. None of this constitutes a scoop, we’ll be honest, but it’s a Friday....
...The automotive industry nonetheless expects EVs to become dominant in time as governments push to decarbonise road transport....
...The adoption of the EU’s Digital Markets Act, which came into force this week, amounts to a giant experiment in government micromanagement of everything from Apple’s App Store to the Google search engine...
...MainFT, last night: The Federal Trade Commission has sued to block US luxury goods group Tapestry’s $8.5bn acquisition of Capri Holdings, a move that threatens a bid to create a US rival to European giants...
...), which was founded by the Australian government and is used for front-of-pack labelling in some countries, as well as by the Access to Nutrition Initiative (ATNI), which benchmarks the food and drink industry...
...In the relatively young US sports betting industry, there is no time for self satisfaction....
...US confectionery giant Mondelez will be fined millions of euros as early as next month for restricting sales of its products between EU member states, according to three people with direct knowledge of the...
Plan by private equity-owned company raises hopes for European listings market
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