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...TIC currently owns about 7.3 per cent of Toyota Motor, while the much larger company owns 23.5 per cent of TIC, according to LSEG data....
...Last year, Apollo paid $7.5bn to buy a unit from communications group Lumen Technologies....
...The transaction took place earlier this week, with CMC selling 7.24 per cent in the group. Silver Lake bought half the shares, with Sheikh Mansour’s Newton vehicle acquiring the remainder....
...The Santander AGM is due to take place on March 22....
...Unsurprisingly, Jane Street is said to be among the best-paid places to work in finance....
...(She is reportedly effecting a modernisation of both its designs and the brand’s 7,700+ stores worldwide.) So if focus trumps bonhomie for much of our meeting, fair enough....
...Since the 2000s though, churn has been replaced by a revolving door — the same names trading places at the top....
...Apollo shares rose 5.7 per cent to a record high on Thursday....
...Such reservations made it difficult for the CPUC to decide if Waymo and Cruise could operate commercial services, 24/7, with paying passengers....
...“ABI is truly stuck between a rock and a hard place,” they wrote....
...“It was a blast; I loved that place,” recounts one person who started at Centerview in the early 2010s as an entry-level hire and stayed for several years....
...The wind-down will take place in Credit Suisse’s non-core unit, or “bad bank”, set up last year to offload unwanted assets....
...All but 10 of these diagnoses were for cancers that did not have routine cancer screening programmes in place....
...To Iger’s credit, the cost-cutting plan was quite a downer for a company hawking tickets to the happiest place on earth....
...It brought in a record $7.5bn of revenue last year, up from $7bn the year prior, according to a spokesperson....
...Activist investor Nelson Peltz has called off his fight against Walt Disney a day after the company unveiled a restructuring plan involving the loss of 7,000 jobs, ending one of the biggest corporate battles...
...research firm, anticipates that ecommerce sales will grow by 50 per cent worldwide in the four years from 2021 and says they will account for 24 per cent of global retail sales by 2025, with a value of $7.4tn...
...“The NYSE floor has been the predominant place for trading for 230 years and there is something very special and unique about combining electronic trading and the human touch.”...
...The tech-heavy Nasdaq Composite was down 1.7 per cent, while the broader S&P 500 shed 0.5 per cent....
...Facebook’s operating margin collapsed, falling from 36 per cent to 20 per cent, while Alphabet’s margin dropped 7 percentage points, to 25 per cent....
...It now has more than 7,400 customers, most of which are small to medium-sized companies — a 32 per cent increase on last year....
...Day two: €7. Day three: €8.50. Day four: €10. But while the stock price soared, volumes dwindled....
...SCOTUS The Supreme Court will hear oral arguments in the 303 Creative LLC vs Elenis case....
...ARK has in place a poor succession plan for the 66-year-old Wood, who is essential as the firm’s majority owner and lone portfolio manager....
...The advance helped fuel a 0.7 per cent rise in the Nasdaq Composite. Since the start of last week Google’s shares have risen 20 per cent, despite a sharp correction in tech stocks this year....
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