Hints and tips:
...UK private equity group Permira has named David Hirschmann and Ariadna Stefanescu as the unit’s co-heads of credit....
...“The atmosphere is great,” Mercedes-Benz Group board of management chair Ola Källenius told the FT of the conference....
...He remembered a company called Brown & Sharpe, which was also struggling, and made a deal to buy its measurement technology unit....
...“Valuations are running ahead,” said Mohit Nigam, a fund manager at Hem Securities in Mumbai....
...Alibaba manager’s prosecution droppedThe Chinese authorities have dropped charges against a former Alibaba manager accused of sexually assaulting a subordinate, ending a case that had provoked a backlash...
...announced it would divorce its car arm from its trucks unit....
...Mercedes’ Vans unit made a €3bn pre-tax loss, described as “horrendous” by Mr Kallenius....
...Ola Kallenius, the 6ft 4in Swede who was this week appointed the first non-German chief executive at Daimler, appears to have won over the sceptics....
...A suggestion for the Machiavellian and narcissist manager? Take a break, just like Guardiola did....
...In May, it also unveiled a plan to invest up to $2.25bn in General Motors’ self-driving car unit....
...SoftBank has held stakes in a range of ride-hailing companies, such as Ola and Grab, for several years....
...Man Group has hired Marvin Caze and Graham Stafford as portfolio managers....
...But it is planning to list its Japanese mobile unit in Tokyo within the next 12 months. Cash could also be used to pay down debt....
...Livingbridge, a specialist asset manager, has hired Simone Girardeau and Simon Hollingsworth to its value strategy group, alongside four other new hires into the wider business....
...The tricky bit for fund managers would be reconciling morality and the profit motive....
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