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Infrastructure groups have invested heavily in shifting power companies to lower-carbon production
Investors favour index trackers over stock pickers as they make a tentative return to markets
...“We are going to have a ‘world is not flat’ moment, when asset managers are going to realise we are not prepared to help people draw down,” said Bill Meyer, CEO of Retiree Inc, a retirement planning software...
Testimony in New York case pitting wealthy oligarch against the famed auction house has shed new light on high-end transactions
Dmitry Rybolovlev is seeking millions of dollars from the auction house for prices he claims were inflated
...James Cameron, whose film Titanic is the biggest hit in Paramount’s history, and Endeavor’s chief executive Ari Emanuel told the Financial Times that they believed Skydance founder David Ellison could revive...
Dmitry Rybolovlev is seeking millions in damages over the purchase of famous works
Dmitry Rybolovlev had accused auction house of conspiring to overcharge him for works by da Vinci, Klimt and others
...In a letter to the Planning Inspectorate, a government agency, Madison Square Garden Entertainment (MSG), which is owned by US tycoon James Dolan, said it would not “continue to participate in a process...
Potential sale comes after Apollo’s $26bn offer was rebuffed
Growth for active manager, which has $1.4tn under management, not expected to turn positive until 2025 at the earliest
KKR, Blackstone and Stonepeak are among managers with ambitions in nascent sector
...He also suggested a big event at Madison Square Garden might be in the works, although nothing has been confirmed....
Picking a megacap tech stock was a good choice
Staff and viewers had voiced outrage over her support for Donald Trump’s false claims of fraud in 2020 election
Fintechs face daunting task in taking business from the ‘800lb gorilla in the room’
...The firm’s partners ousted Odey from the business he founded, key fund managers including James Hanbury and Jamie Grimston have joined rivals, and the group left its longstanding Mayfair office in August...
US Congress took a first step this week to forcing the app’s Chinese owner to sell it off. Can the company fight back?
Social media platform targets valuation of up to $6.4bn in litmus test for start-up listings
...[it] was basically an ‘oops’ moment like the Road Runner scene where the coyote goes off the cliff, looks down and says ‘Oh, shit’,” says Cardinale, from his office on New York’s Madison Avenue....
T Rowe Price, Franklin Templeton and AllianceBernstein are among fund groups hit by higher interest rates
One idea under discussion would be to take voting control of the popular video app
...Chief operating officer Helen James will leave. “It’s a nice, proper transition and carefully done,” said Parker, adding that it was the “right time” for a change....
Plane maker says reintegrating its former unit would strengthen safety and improve quality
David Ellison’s Skydance is negotiating for a stake in holding company National Amusements
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