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...Brigety on Thursday said South Africa had placed arms on the Lady R, a vessel owned by a Russian fleet company, in December....
Some global fund managers fear government efforts to stabilise the market are too little, too late
...Since taking the helm in 2019, Hudson has described his strategy to reboot Sanofi as “play to win”. Investors will require that his commitment to R&D actually leads to wins....
...It spent €6.7bn on R&D last year, up from about €5.5bn in 2020, and plans to spend up to an additional €2bn over the next two years....
...“We said that when we earned the right to invest more in R&D, we would . . . We’re doubling down on our science and innovation where we can make the biggest difference for patients,” Hudson said....
...Hudson Bay Capital, Reverence Capital Partners and hedge fund Citadel are co-investing in the deal which closes on Monday....
...The regional lender also appointed Joseph Otting, a former Comptroller of the Currency in the Donald Trump administration, as its new chief executive....
...Ramaphosa’s government lobbied US officials and lawmakers to let South Africa remain in Agoa and mounted an investigation that concluded that arms had not been found on the Lady R, a Russian transport vessel...
...The US state department said on Sunday it appreciated “the seriousness” of the inquiry panel’s investigation into the Lady R....
...Other investors included Hudson Bay Capital Management, which put in $250mn, and Citadel, the hedge fund led by billionaire Ken Griffin....
...Net income increased slightly to a record R$2.2bn ($424mn), despite a R$1.2bn provision linked to a retail chain hit by an accounting scandal that affected several other lenders in Brazil....
...However, a cut to earnings forecasts because of the increased R&D budget caused shares to fall almost 20 per cent in one day, and they have remained in that range....
...Joseph Otting, who Mnuchin hired to run OneWest and eventually joined the Trump administration as Comptroller of the Currency, will become NYCB’s new chief executive, replacing Alessandro DiNello, who had...
FT reconstructs the five-month journey that Washington says was used to secretly transport weapons sought by Moscow
...The scandal over the Lady R is likely to overshadow these efforts....
...China’s pharma researchers do a lot of R&D of their own, but do not seem to produce many blockbusters....
...Ramaphosa has identified a retired judge to head the Lady R inquiry but has yet to name that person or finalise the terms of reference for the probe, his office said this week....
...Reuben Brigety, the US ambassador to South Africa, said this week that South Africa had placed arms on the Lady R, a cargo vessel owned by a US sanctioned Russian company, during a stop in Cape Town in December...
...From meetings with Sam Altman to a secretive “Project R”, SoftBank boss Masayoshi Son is looking to make a comeback after years and years of bad bets, The Information reports. CEO or CEOs?...
...He watched the 2022 Super Bowl — and a multimillion dollar FTX commercial starring Larry David — in a box with Katy Perry, Orlando Bloom and Kate Hudson....
...It never hints at fire blight’s propensity to infect Sorbus Joseph Rock, another killer. The guide is also selective....
...Researchers at the New York Fed surmise that R-star has risen in the short-run, but expect it to fall back to a lower level in the longer term....
...The Lady R, owned by Transmorflot, a group sanctioned by the US last year, appeared to have turned off its transponder to make the stop as tracking data from Spire, a data and analytics company, recorded...
...The firm had loaned money to the likes of Toys R Us and JC Penney, reporting that such retail loans produced an annualised return exceeding 20 per cent....
...Additional reporting by Hudson Lockett in Hong Kong...
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