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...However, rather than this being symptomatic of a broad rise in New World enthusiasm for Old World stocks, the evidence again pointed to model portfolio rebalancing....
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...Netflix has agreed a $5bn deal to screen World Wrestling Entertainment’s flagship Raw programme in the US over the next decade, in the group’s biggest foray so far into streaming live events....
Also in this newsletter: Germany searches for far-left militants wanted since the 1990s
...The price is a steep increase over Raw’s current deal with Comcast’s USA Network. More importantly, this marks Netflix’s plunge into pricey live programming, an area it had long eschewed....
...“It will be a European-market Seagull, a new Seagull,” BYD senior executive Stella Li told reporters, including the UK’s Auto Express, in Shenzhen....
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...“In the early days, people underestimated ‘Bayo’,” said Kenneth Chenault, former CEO of American Express, and a close friend of Ogunlesi since both were at Harvard Law School....
...Jerry Rizzieri, head of Mizuho Securities USA, told the Financial Times the acquisition would contribute to Mizuho’s goal “to be solidly inside the top 10 corporate investment banks within three years”,...
...As a public company, the home of “headless horsemen” now positions itself to investors as an a place for LGBT+ people to “connect, express themselves, and discover the world around them”....
...Even after the financial crisis, then-Citi chief executive Vikram Pandit often talked of wanting to be the top bank in the top 100 cities in the world....
...for example, is the subject of a $250mn dispute in London’s High Court between Sir Richard Branson’s holding company and Brightline, the US train operator which adopted and then dropped the Virgin Trains USA...
...On July 5, Yu Yong, the party secretary of the Shanghai district where Bain’s office is situated, visited the company to express support....
...US production of steel totalled 80.5mn tonnes last year, compared with 1bn tonnes from China, according to the World Steel Association....
...A version of this article was first published by Nikkei Asia on September 18. ©2023 Nikkei Inc. All rights reserved....
...Plaid now counts several large banks as customers as well as investors, including the asset management arms at JPMorgan, Goldman Sachs and American Express....
...Maga Inc, a pro-Trump super Pac, has booked just $6.5mn....
...through the end of 2010, absolutely trouncing the wider market: Buffett simply didn’t own any tech stocks during the tech bubble (his biggest positions then, in descending order of size: Coke, American Express...
...Trump’s supporters had lined up around the high school hours before he arrived, chanting “USA” and “Let’s go Brandon” — a slogan deriding Biden....
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