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...General Motors is to scale back ambitions for its self-driving unit Cruise following a pedestrian injury last month, which led it to suspend testing....
...Son also began to borrow personally from SoftBank to foot the bill for his investments in the group’s second Vision Fund, Latin America fund and shortlived hedge fund unit, SB Northstar....
...Altice announced it November it had agreed to sell a majority stake in its French data centre unit to Morgan Stanley, and has also been looking to dispose of online video advertising company Teads....
...The moves are the biggest overhaul in Google parent Alphabet’s structure since the merger of its DeepMind and Google Brain AI units a year ago....
...Cruise later halted its driverless car operations across the country, and GM said it would cut spending on the unit by “hundreds of millions of dollars”....
...It already has a securities unit in mainland China and cannot hold two licences....
...Lemaire wool-mix jumper, £405, 24s.com Isabel Marant denim Joakim trousers, £245 Hermès leather Haut à Courroies 50 Veau Togo bag, £11,580 Louis Vuitton City Guide Paris, £29 Polo Ralph Lauren wool-mix...
...UBS already has a securities unit in mainland China and cannot hold two licences....
...It brought in a whole new community – a mix of guys and girls, different ethnicities, more inclusive, open and friendly. And I lost a lot of weight playing it!”...
...It could sell the unit, as Uber did with its driverless car division. Or, like Ford, it could absorb the driverless car unit into its business and develop driver assistance....
...In its report, Gotham City said Grifols continued to report profits from the units, BPC Plasma and Haema, within its consolidated accounts, calling the accounting treatment “materially deceptive and incorrect...
...For its deals, Nvidia, the chip company, has been offering scarce graphics processing units, essential for running the latest AI models....
...At the same time companies are anticipating supply chain issues because of a shortage of semiconductors — the chips crucial to central processing units that power servers and computers....
...It sold just 300,000 units, according to a Wall Street Journal report this summer, suggesting it remains a niche product. Meta has not confirmed the figure....
...Britain’s five current nuclear power plants, with a collective generation capacity of just under 6GW, accounted for 14 per cent of the country’s electricity mix in 2023....
...Shleifer decided to step back from running the private equity unit when faced with the decision to move back to New York or stay in Florida, it said....
...Google dissolved healthcare unit Google Health in 2021. The term was mentioned only twice in the last quarterly earnings report. Yet the investments prove its ongoing financial interest in the sector....
...The other hope for the industry is that even if the unit costs will decline owing to the use of technology, the volume of sales will increase....
...Actis executives, who have expanded the business since spinning out of the UK government’s development finance unit in 2004, are likely to net a big windfall by selling their firm....
...On Wednesday, Rowan announced that four top executives inside Apollo would forfeit most of their carried interests in Apollo funds in exchange for the lion’s share of $557mn in restricted stock units....
...While the unit remained profitable in the three months to September 30, operating income was lower than in the second quarter of the year....
...The gross margin was up 190 basis points to 26.6 per cent as lower shipping rates and the sales mix in the half helped....
...of nonagenarians includes Todd Combs and Ted Weschler, who help manage Berkshire’s $319bn stock portfolio, as well as vice-chairs Greg Abel and Ajit Jain, who run its operating businesses and insurance unit...
...(FT) Thyssenkrupp in talks to sell naval unit stake to Carlyle (FT)...
...Meanwhile, distribution channels for selling ETFs also vary across the continent, which will require Ark’s salesforce to win orders from a mix of fund supermarkets, banks, brokers, wealth managers and financial...
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