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...“Apart from the benefits to the FT, there are broader implications for the industry. It’s right, of course, that AI platforms pay publishers for the use of their material....
...In October, the UK prime minister announced a plan to save £6.5bn from the redevelopment of the Euston terminus and tunnel link by handing responsibility to a new public-private development corporation....
...The $43bn exchange traded fund manager Global X has tapped an industry veteran from Goldman Sachs to become its chief executive after a wave of executive departures and lay-offs....
...Legal & General did £3.2bn of deals last year, Just Group £0.4bn in the same period and Pension Insurance Corporation a cumulative total of £2.5bn as at June last year, while Rothesay does not do any, according...
...Blue Owl has become a dominant force in the burgeoning private credit industry, often extending multibillion-dollar loans to corporations side-by-side with heavyweights such as Ares, Sixth Street and HPS...
...Adding 10.5GW of new capacity would cost more than $10bn, based on recent industry trends....
...The state-owned operator of the UK’s largest nuclear waste site is set to be prosecuted by the industry watchdog over alleged IT security breaches....
...In 2017, investors including TowerBrook sold Hayfin to British Columbia Investment Management Corporation, a Canadian pension plan....
...He was a former investment banker who closely followed the industry and made a canny trade, in his telling....
...Up to 10 non-disclosure agreements were signed over the past year alongside sizeable financial settlements reached by the CBI, the Guardian reported on Tuesday....
...Elsewhere on Tuesday… — Inside the music industry’s high-stakes AI experiments (New Yorker) — Why you’ve never been in a plane crash (Asterisk Mag) — ChatGPT will kill off the Romantic genius (UnHerd)...
...Global smartphone shipments meanwhile increased 7.8 per cent year over year, according to preliminary data, suggesting a broader industry recovery....
...Families are one thing but the locals are not thrilled by the arrival of large corporations....
...Hin Leong, one of the most powerful names in Asia’s oil trading industry, had been hiding losses from trading in futures markets and selling off oil inventories that had already been pledged as collateral...
...(n+1) — Abandoned French boy, nine, stole tomatoes to survive in unheated flat but attended school every day (Telegraph $) — ‘Skibidi toilet’ moral panic (The Guardian) — Babies want Stanley cups....
...Some of them used their financial strength to diversify by takeover into other industries, a practice that was adopted more widely after the war....
...(Eater) — Tom Hollander says he received seven-figure Avengers bonus meant for Tom Holland (The Guardian) — A ranking of ‘hot guy books’ (GQ)...
...In recent months, groups such as the Daily Mail and the Guardian have begun to experiment with subscription-based content....
...— What happened to the US’s machine tool industry?...
...After Amazon stepped in, three other MLB clubs — the 2023 World Series champion Texas Rangers, the Cleveland Guardians, and Minnesota Twins — opted instead to sign year-long extensions to have their games...
...The German group is the single largest member of Swiss-based Intersport International Corporation, which operates in 42 countries and is one of Europe’s leading sports retailers generating €13.7bn in revenue...
...Industry groups contend there is no need to change the current system....
...Further reading— BP should consider the mother of all mergers with Shell (Guardian, 2004, with postscript six years later)...
...Pointing to 26 changes to corporation tax since 2019, the group proposed that the government should announce and commit to tax policies for the lifetime of a parliament....
...Geopolitical tensions, combined with a growing focus on supply chain resilience, have triggered a significant shift in the tech industry....
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