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...Polestar is seeking about $1.3bn of fresh funding....
...how seriously the US government is approaching — and not backing down from — what it views as national security threats from Chinese technology,” said Meghan Harris, an export control expert at Beacon Global...
...Englander has built Millennium into a hedge fund that increasingly resembles the markets division of a global bank....
Fund set to disburse $800mn but libertarian leader wants to borrow more to speed up removal of currency controls
...But investors are increasing allocations to global equity funds, an indication that they are seeing opportunities outside of mega-cap stocks....
...EU prices are above the global average and the new measures would increase the cost of Ukrainian sugar by 50 per cent, he added in a letter to EU institutions....
...She is referring to the gallery’s tie-up with the global outfit Hauser & Wirth, where the mega-gallery agreed to co-represent Vassell’s artist Uman....
...So this is Zelenskyy’s way of, in his words, rebooting his government and his administration, looking for fresh faces with fresh ideas to come in. But it is something that has frustrated the public....
...“Those attacks could have a knock-on effect, in terms of the global energy situation,” Austin told senate hearing on Tuesday....
Social media companies under pressure to identify deepfakes and prevent spread of misinformation
...The company now says profits and cash flow are sufficiently formidable to support debt service and capital expenditure without the need to raise fresh cash....
...Around $1.2tn of fresh global private capital was raised in 2023, according to Preqin. Sure, this is less than the $1.5tn in 2022 or the $1.7tn of 2021. But still, 1.2 TRILLION DOLLARS!...
...Banana’: The making of a signature Wall Street deal Larry Fink has finally found the “transformational” deal to propel his $10tn firm into alternative investments after he agreed to pay $12.5bn to buy Global...
...European stocks rose in early trading on Wednesday as global equity markets continued to drift higher on hopes of interest rate cuts later this year....
...Britain’s House of Lords inflicted a string of fresh defeats on Prime Minister Rishi Sunak’s flagship Rwanda asylum bill on Wednesday, raising the prospect of further delays to his plans to send asylum seekers...
And Apple’s legal fight
...It also took a fresh $2bn impairment charge on Family Dollar that wiped out its earnings for the year....
...According to data from S&P Global, technology groups dominate the list of the 50 companies with a market value of more than $10bn that made the biggest percentage gains in 2020....
...Japan, South Korea and Australia are tightening rules to rein in the market power of big tech groups, posing fresh regulatory challenges for Apple and Google following a similar crackdown in the EU and US...
Both Washington and Beijing juggle security fears with commercial interests and political influence in their policy positions
...Sony and private equity group Apollo have told Paramount Global they intend to make a $26bn cash offer for the entertainment company....
...Growth in the services sector offset weakness in manufacturing to lift S&P Global’s monthly gauge of eurozone corporate activity for April above the forecasts of most economists....
...The FT reported that US officials have warned China that Washington and its allies will take fresh action if Beijing tries to ease its overcapacity problems by dumping products on international markets,...
...Investors will be looking at the latest signals on the health of the housing market this week for fresh clues on how soon and how fast the Bank of England could lower interest rates this year....
...The job cuts come as the slowdown in sales of EVs makes waves across the global car industry, with companies across the supply chain from South Korea to Germany slashing jobs and costs....
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