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...“Buy what you know” was a keystone of his investing philosophy — one that earned the Fidelity Magellan fund a benchmark-beating 29 per cent annualised return under his 13-year stewardship....
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...“While we don’t like increasing fees, it’s one step we are taking to return our company back to profitability and cover the increased costs of transporting bags.”...
...from one of the US’s largest insurers....
...Unsurprisingly, the one subject that managed to coax some salty language out of Cifu was SEC chair Gary Gensler....
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...“Based on today’s policy settings alone, almost one in three cars on the roads in China by 2030 is set to be electric, and almost one in five in both the United States and EU....
...Tesla has climbed out of bigger holes than this one in the past. But to do that it needs cheaper cars, not robotaxis. elaine.moore@ft.com...
...bidding for all of Paramount in cash, Apollo expected the media company’s debt, which stands at more than $16bn, would not need to be refinanced after a recent rating agency downgrade, making what would be one...
...One school of thought is that EV sales growth in Europe has, thus far, been from wealthy early adopters and corporate buyers....
...But beyond shifting it from one form to another?...
...They end up paying for all those card points, miles and cashback — one way or another. pan.yuk@ft.com...
...One email Samii received read: “I just used your extension and found that 8.31 per cent of my deliveries were affected . . . At least one every day....
...She is not the only one having to reconsider pricing....
...Written by and starring Richard Gadd, the seven-part drama is based on the Scot’s one-man stage show inspired by a disturbing real-life ordeal....
...Or as one legal expert put it: “If they think that we’re at the top and so they’re getting out, that’s a rather stark signal to everyone else.”...
...Lawyers for the merchants called the settlement one of the largest ever for a class-action antitrust suit, although the agreement does not require Visa and Mastercard to make payments upfront....
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