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Introducing the new developments, properties and people taking centre stage as the city celebrates a landmark year
...While the numbers of departures have not been as high as the worst predictions, many US companies have slowly relocated teams from London and chosen to make new hires in continental Europe....
...The head of the UN’s nuclear watchdog has called on global development banks and their government shareholders to fund new projects, warning that a failure to do so could delay the energy transition....
...Fast-growing private capital managers such as Apollo have in recent years pushed aggressively to create higher earning assets for insurance companies....
...Chief executive Stephen Bird is attempting to revive the company’s fortunes by cutting costs and axing 500 jobs — amounting to 10 per cent of its workforce — while launching new products to attract other...
...Grant Thornton has not publicly disclosed how much New Mountain and its co-investors are paying for the 60 per cent stake, or how exactly the firm will distribute the proceeds of the investment and the new...
...Grant Thornton has not publicly disclosed how much New Mountain is paying for its stake, or how exactly the firm will distribute the proceeds of the investment and the new debt that it will also take on....
...The proposed tie-up comes as President Joe Biden’s administration has unleashed a crackdown on anti-competitive conduct across the US economy, and federal regulators have proposed new limits on big bank...
...The chief executive of TotalEnergies has said the French oil major could move its primary listing from Paris to New York as US investors were more positive about the company and supportive of its fossil...
...Bhavesh Mistry, British Land’s chief financial officer, said the company estimated that 1mn sq ft of new or refurbished space would be delivered each year from 2024-2027, compared with 2mn sq ft of typical...
...Tens of thousands of new hosts have listed accommodations in the cities hosting Olympic events since the start of 2023, according to the company....
...Some have blamed this on Google’s fragmented structure, big-company bureaucracy and the lack of a coherent company-wide plan for rolling out generative AI across its range of products and services, the Financial...
...Bouzou cautioned that bonuses for top performers “shouldn’t be to the detriment” of grassroots development....
...How fast can you build a new data centre and will you need that over time — that is an impossible problem to solve.”...
...In a separate event, Paris police shut down an area around the Iran consulate after a witness reported a man who appeared armed entering the consulate. Paris police have since arrested the man....
...The New York Stock Exchange is polling market participants on the merits of trading stocks around the clock as regulators scrutinise an application for the first 24/7 bourse....
...An attorney for Jane Street told Engelmayer that the firm had invested “tens of millions of dollars” into the development of the trading scheme....
...As part of this update, they add, the company should “specify how any plans for new oil and gas reserve development are consistent with the Paris agreement goals”....
...The progress made by Chinese companies and regulators in Beijing poses a new challenge to the west, which is already lagging behind China in the development of electric vehicles, according to analysts, and...
...About 10,500 athletes are set to participate in the 53rd Olympic Games, starting in Paris in late July....
...In January 2023, New York-based Quintessential Capital Management published a report alleging Darktrace appeared to have simulated or anticipated sales to “phantom” customers through a “network of willing...
...Europe’s AI Act is an important development in balancing innovation and risk....
Decision hurts David Handler’s chances of securing potentially millions of dollars in equity he sought from the elite M&A boutique
...after chief executive Mark Zuckerberg said on Wednesday he would spend billions more than planned on AI, warning costs would have to increase “meaningfully before we make much revenue from some of these new...
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