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...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...Englander has built Millennium into a hedge fund that increasingly resembles the markets division of a global bank....
...“It’s literally going to take the money out of independent labels and their artists, to benefit the biggest companies in the marketplace,” said a senior executive at a large independent record company....
...The “emu” is a portable brain scanner whose inventors are seeking a global impact, but with a name that proudly suggests its “made in Australia” roots....
...US private equity group Apollo Global is in discussions with Sony Pictures Entertainment about making a joint takeover bid for Paramount Global that would rival ongoing talks between controlling shareholder...
...Mike Lux, a Democratic strategist, said “inflation has been a challenge all along and it will be” during the campaign — but that he was encouraged that voters were starting to pin the blame on large companies...
...“Our leadership in AI research and infrastructure, and our global product footprint, position us well for the next wave of AI innovation,” he added....
...Its non-tech winners included Apollo Global, Eli Lilly, Airbus and online gambling company Flutter....
...There was, however, only one person being tried: Mohammed Ali Rashid, a former senior partner at Apollo Global Management....
...“We are not such a huge company that we can delegate the work, and I didn’t want a situation where we would have to work overtime everyday,” he says....
...Apparently, Apollo Global Management has other priorities....
...The New York-based firm raised a $12.7bn fund in 2021 and has built stakes in TikTok parent company ByteDance, fast-fashion company Shein and payments company Stripe....
...Opec+ has undertaken voluntary production cuts since November 2022 — despite vehement US opposition — in order to boost global oil prices amid tepid global demand....
...“There is also the question of when [holdings] have improved, what are you going to do with these companies? It may become a non-label.”...
...The goal is for self-care to account for 5 to 8 per cent of global revenues, he adds....
...Plus, global stock market concentration has risen to its highest level in decades....
...A McKinsey global survey of autonomous vehicle executives, published this month, revealed an industry in a state of flux....
...work with Alessandro Michele after years of working together,” said Valentino chief executive Jacopo Venturini, who previously worked with Michele at Gucci where he was vice-president of merchandising and global...
Deal follows move by Swiss bank to renegotiate terms of original sale of a business owned by Credit Suisse
...If found guilty, companies face fines of up to 10 per cent of global turnover....
...Though France accounts for less than a tenth of global sales, the luxury group — which includes brands ranging from fashion label Louis Vuitton to Moët & Chandon champagne — is keen to trumpet its contribution...
...“In a way it’s an arms race,” Russell Hardy, chief executive of Vitol, the world’s biggest oil trader, told the FT Commodities Global Summit in Lausanne this month....
...In doing so, the world’s largest music company is making an implicit bet: the next superstar could emerge far away from its California headquarters. anna.nicolaou@ft.com...
...The appetite for technical cagoules and parkas seems to have remained undimmed despite the global slowdown in fashion sales overall....
...Local companies are nipping at the heels of global names such as L’Oréal, Estée Lauder and Shiseido in China, the world’s second-biggest beauty market by sales....
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