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...The group expects its first quarter net trading revenue will be roughly $4.4bn, more than double the level it achieved a year prior and up 35 per cent from the end of 2023, according to documents reviewed...
...The deal values Motel One at €4.1bn including debt, said Proprium....
...Bridgepoint this month sold elite motorcycle race series MotoGP to Formula One owner Liberty Media for €4.2bn....
...“It will take a lot of very bad inflation and wage data for them not to do that now.”...
...The new deal, which runs until the end of 2028, will gradually raise annual allowed growth in sales to 4 per cent by 2027....
...Eurozone inflation fell to 2.4 per cent in March, lower than forecast by economists, bolstering hopes that the European Central Bank will cut interest rates by the summer....
...With further cuts priced in subsequent months, markets estimate the Fed will cut interest rates five times next year from the current range of 5.25-5.5 per cent....
...The moves follow Federal Reserve chair Jay Powell saying on Tuesday that the fight against inflation will take “longer than expected”....
...The fall from December’s rate of 2.6 per cent will bolster expectations that the Fed will cut rates from their current 23-year highs around the middle of this year....
...The gains moderated in the afternoon to a 0.4 per cent gain....
...Eurozone inflation fell to 2.4 per cent in March, lower than forecast, bolstering expectations that the European Central Bank will cut interest rates by the summer....
...The deal, which gives MotoGP an enterprise value of €4.2bn, will be financed with 65 per cent cash, 21 per cent equity in stock of a listed entity that tracks F1, while MotoGP management will retain 14 per...
...But they added: Producer reads emailWe will say this....
...Christine Lagarde, ECB president, will hold a press conference at 2.45pm CET (1.45pm GMT)....
...Channel 4 has revealed plans to cut close to a fifth of jobs and axe underperforming linear TV channels under plans to restructure the broadcaster to become a mainly digital streaming service by 2030....
...“That will provide excellent cover for the MPC to pivot and start cutting interest rates.”...
...A new gene therapy to treat a very rare genetic disease that attacks the central nervous system of young children will be priced at $4.25mn in the US, making it the most expensive drug in history....
...Now it’s time for what Channel 4 is calling “the definitive” Boris Johnson series....
...The fall from December’s rate of 2.6 per cent backs expectations that the Fed will cut rates from their current 23-year highs around the middle of this year....
...General Motors shares were up 4.4 per cent in pre-market trading in New York....
...The “wordcels” — people who are good with words — will be hit the most. GPT-5, which could come out this summer, is likely to be ten times more powerful than GPT-4....
...The December meeting minutes will be released at 2pm Eastern Time....
...After the expected share sale, Van Rappard will overtake Mackenzie as the largest shareholder among the group’s co-founders, the filing document shows. Koltes currently holds 4.4 per cent of the firm....
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